Core Insights - Moomoo has launched new weekly options on Nasdaq, providing its 28 million investors with enhanced trading flexibility and access to more strategic opportunities [1][10] Group 1: Product Launch and Features - The introduction of Monday and Wednesday weekly options allows users to align their options strategies more closely with market events [2][3] - Nasdaq's expansion of options expirations has been approved by the US Securities & Exchange Commission, including high-profile stocks such as Tesla, Nvidia, Apple, and others [3] - Moomoo Australia and New Zealand experienced a significant increase in options trading in 2025, indicating strong local interest in the new weekly options [4][5] Group 2: User Engagement and Community - Moomoo's community actively utilizes options for various strategies, including locking in entry costs and enhancing profit potential [6] - The platform aims to educate users on options trading through comprehensive online courses, catering to both beginners and advanced traders [8] Group 3: Tools and Resources - Moomoo provides a suite of real-time tools to help traders navigate the complexities of options trading, including an Options Chain and an Options Price Calculator [9] - The new weekly options increase the frequency of trading opportunities, potentially amplifying premium collection for income-focused strategies [8]

Core Insights - Moomoo has successfully expanded retail access to the IPO of BitGo, accounting for nearly 10% of the total offering, with subscribers requesting $647.6 million in shares, indicating strong retail demand [1][2] Company Overview - Moomoo is a global investment and trading platform that aims to empower investors with user-friendly tools, data, and insights, facilitating informed investment decisions [6][7] - The platform has a significant global presence, serving investors in multiple markets including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand, and is trusted by over 27 million investors [7] Industry Context - The BitGo IPO marks a renewed interest in the crypto and digital assets sector, with Moomoo playing a pivotal role in enhancing retail participation in high-demand offerings [2][3] - The partnership between Moomoo and BitGo aims to broaden access to public market opportunities, aligning with the evolving landscape of digital assets [3][4] Technological Advancements - Moomoo offers advanced research and analytical resources, including Moomoo AI, which provides professional-grade insights across various investment categories [3][4] - The platform's tools are designed to help users analyze market trends and financial metrics, supporting informed investment decisions [3]

Core Viewpoint - Futu Holdings Limited (FUTU) shows potential for significant upside, with a mean price target of $219.48 indicating a 32.3% increase from its current price of $165.96 [1] Price Targets and Analyst Estimates - The mean estimate consists of 11 short-term price targets with a standard deviation of $35.2, suggesting variability in analyst predictions [2] - The lowest estimate is $157.85, indicating a potential decline of 4.9%, while the highest estimate is $300.00, suggesting an 80.8% increase [2] - A low standard deviation indicates strong agreement among analysts regarding FUTU's price movement [9] Earnings Estimates and Analyst Agreement - Analysts have shown increasing optimism about FUTU's earnings prospects, as evidenced by a positive trend in earnings estimate revisions [11] - The Zacks Consensus Estimate for the current year has risen by 2.2% over the past month, with one estimate increasing and no negative revisions [12] - FUTU holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] Caution on Price Targets - Solely relying on consensus price targets for investment decisions may not be wise, as analysts' ability to set accurate targets has been questioned [3][10] - Analysts often set optimistic price targets due to business incentives, which can lead to inflated estimates [8]

Group 1 - The core point of the article is that Futu Network Technology (Shenzhen) Co., Ltd. has applied for a patent titled "Customer Allocation Method, Device, and Equipment," with the publication number CN121352275A, and the application date is August 2025 [1] - The patent abstract indicates that the application provides a method, device, and equipment for customer allocation, which includes determining the account source channel information of the target account and identifying the allocation type based on this information [1] - If the allocation type is direct allocation, the method determines a first designated account based on the account source channel information and sets it as the business follow-up account for the target account [1] Group 2 - If the allocation type is pre-allocation, the method creates a pre-allocation task to obtain the business follow-up account for the target account based on this task [1] - Futu Network Technology (Shenzhen) Co., Ltd. was established in 2015 and is located in Shenzhen, primarily engaged in software and information technology services, with a registered capital of 20 million USD [1] - According to data from Tianyancha, the company has participated in five bidding projects, has 129 trademark information entries, 222 patent information entries, and holds 10 administrative licenses [1]

Core Viewpoint - The performance of Chinese concept stocks varied on January 15, with the Nasdaq China Golden Dragon Index (HXC) declining by 0.23% amid ongoing geopolitical risks and the market digesting recent bank earnings reports [1][8]. Group 1: Stock Performance - Among the rising stocks, Alibaba increased by 1.75%, Baidu by 0.77%, and Bilibili by 6.18% [1][7]. - Notable declines included Ctrip, which fell by 17.05%, and Pinduoduo, which dropped by 3.98% [1][8]. - The Dow Jones Industrial Average decreased by 42.36 points (0.09%), the Nasdaq fell by 238.12 points (1.00%), and the S&P 500 dropped by 36.75 points (0.53%) [1][8]. Group 2: Leading Gainers and Losers - Leading gainers included Ming Cheng Group (+13.03%), e家快服 (+11.18%), and 36氪 (+8.67%) [4][9]. - Leading losers featured Ctrip (-17.05%), 英米 (-9.47%), and 浩希健康 (-7.50%) [5][10].

Core Thesis - Futu Holdings Limited is positioned as a strong investment opportunity due to its competitive brokerage platform and significant growth in the Asian and international retail investing markets [2][6]. Financial Performance - Revenue is projected to nearly double from $7.12 billion in 2021 to $13.6 billion in 2024, with net margins consistently around 40%, indicating strong scalability and operating leverage [3]. - The company trades at approximately 18.5 times earnings, which is attractive given a 30% compound annual growth rate in earnings over the past two years [4]. Stock Performance - The stock price has appreciated by 91% over the last year, currently trading near $165, down from a recent high of $199, suggesting potential undervaluation of 20% to 30% based on forward growth expectations [4]. User and Asset Growth - Total brokerage accounts reached 5.61 million as of Q3 2025, representing a 31% year-over-year growth, while total client assets increased by 79% year over year to approximately $158 billion [5]. - Moomoo, the global platform, has surpassed 1.5 million users in Singapore and exceeded 1 million users in Malaysia, indicating strong international adoption [5]. Investment Case - Futu combines high profitability, rapid global user growth, and exposure to attractive markets, supporting a compelling long-term investment case [6].

Core Insights - Australian investors are showing a strong interest in artificial intelligence (AI) and are optimistic about returns from their global portfolios as they enter 2026 [1][2] Investment Trends - A survey of over 600 Australian investors indicates a commitment to high-growth sectors, particularly AI, despite awareness of economic and geopolitical risks [2][3] - 75% of investors plan to increase exposure to the US market, while 67% intend to invest more in the Australian market, reversing their current investment allocations [7] - 50% of investors plan to increase their usage of ETFs, with 42% looking to boost their exposure to individual stocks [7] AI Adoption - 92% of investors are interested in using AI tools for investment support, with 56% already using AI occasionally or regularly [4][5] - 62% of investors seek both AI and human advice, while 12% prefer AI tools exclusively [6] - A significant portion (31%) of investors would like AI to create entire investment plans, indicating growing trust in AI for financial planning [6] Risk Appetite and Market Expectations - 68% of investors plan to maintain their current risk levels, while 25% are willing to increase their risk exposure [9] - Investors expect market returns of 5% to 15% in Australia and slightly higher in the US [9][10] - Key concerns influencing investment decisions include the broad economy (64%), market volatility (50%), and geopolitical issues (47%) [10] Guidance and Confidence - Despite strong investment intentions, only 50% of investors expect to achieve their goals in 2026, with 39% uncertain [13][14] - There is a demand for better tools and insights to manage risk and navigate complex market conditions [14] Survey Details - The survey was conducted by Moomoo Australia and New Zealand among 642 active users of its trading platform, focusing on their investing behavior and expectations for 2026 [15]

Market Overview - The U.S. stock market is expected to remain volatile due to a criminal investigation into Federal Reserve Chair Jerome Powell, leading traders to favor safe-haven assets [1] - Increased market uncertainty is prompting a shift towards low-beta stocks [1] Low-Beta Stocks - Futu Holdings Limited (FUTU) is experiencing rapid growth as clients invest more through its fully digitalized financial services platform, indicating heightened trust from investors, including those outside Hong Kong [6] - J & J Snack Foods Corp. (JJSF) has a strong balance sheet with negligible debt and is focused on returning capital to shareholders, planning to accelerate stock repurchases [7][8] - Natural Gas Services Group, Inc. (NGS) benefits from rising exports of Liquefied Natural Gas (LNG), as increased demand for compression equipment is driven by the need to transport gas through pipelines [9] - The Vita Coco Company, Inc. (COCO) is thriving in the healthy drink sector, particularly with its leading coconut water brand, as demand for coconut water is booming across various regions [10]

Summary of China Financials Conference Call Industry Overview - The China financial sector is expected to return to a positive development loop after bottoming in 2025, characterized by a gradual rebound in new loan and financial asset yields, stable credit costs, and an active capital market [1][2][16]. Key Points and Arguments Economic Growth and Policy Support - 2026 is anticipated to be a steady year with nominal GDP growth slightly higher than in 2025, supporting financial stocks [2][16]. - A shift in policy support from credit to fiscal measures is expected, which will help reduce long-term credit risks [2][17]. - The removal of specific growth targets for M2 and TSF indicates less policy intervention in loan growth and pricing, creating a favorable environment for financial firms [2][17]. Financial Asset Yields and Banking Sector - A potential rebound in new financial asset yields is expected to begin in the second half of 2026, driven by tighter loan supply and risk-based loan pricing [3][19]. - The banking sector's net interest margin (NIM) is projected to bottom in the first half of 2026, with recovery supported by delayed deposit repricing [3][24]. - Continued strong household financial asset growth is anticipated, supporting revenue and earnings growth for banks and insurance firms [3][25]. Risk Management and Credit Costs - The financial sector is expected to continue digesting existing financial risks, with lower new risk formation [2][26]. - Credit growth excluding government bonds has slowed to 6%, indicating a shift from expansion to risk digestion [26][30]. - Stable credit costs are expected in 2026 as the system continues to manage high-risk financial assets [30]. Sector Preferences and Stock Recommendations - Insurance is identified as the preferred sector, with Ping An as the top pick due to its structural growth in household assets and product innovation [4][32]. - Among banks, Bank of Ningbo is highlighted for strong revenue and profit growth, while Minsheng Bank is noted for its turnaround potential [4][33]. - CICC-H and FUTU are recommended as preferred broker stocks, with FUTU being recognized for its overseas expansion and comprehensive wealth franchise [4][36]. Additional Important Insights - The anticipated stable environment and reduced financial risks are expected to lower the cost of equity for China financial stocks, driving further re-rating for the sector [31]. - The expected rebound in bank profit growth is aligned with nominal GDP growth in 2026, primarily driven by net interest income and healthy fee income growth [33]. - The capital market is expected to remain active, with a rebound in IPO volumes, particularly in A shares, supported by institutional investment trends [34][36]. Conclusion - The outlook for the China financial sector in 2026 is positive, with expectations of steady economic growth, reduced financial risks, and a favorable environment for financial firms, particularly in the insurance and banking sectors.

Group 1 - The Nasdaq Golden Dragon China Index increased by 1.09% on January 8 [1] - Key Chinese stocks saw significant gains, with GDS Holdings rising over 8% and Bilibili increasing by more than 6% [1] - Tencent Music and Alibaba both rose by over 5%, while other companies like Kingsoft Cloud and Xpeng Motors saw increases of over 3% [1] Group 2 - JD.com and Vipshop experienced gains of over 2%, while ZTO Express and Futu Holdings rose by more than 1% [1] - Ctrip and NetEase had slight increases, indicating a generally positive market sentiment for these companies [1] - Conversely, Baidu and Bawang Tea House fell by over 3%, with Manbang and NIO also experiencing declines of more than 1% [1]