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Futu’s collapse looks overdone if Q1 proves the business is still compounding
OpinionFUTU

Futu’s collapse looks overdone if Q1 proves the business is still compounding

Futu’s 27.5% one-day collapse looks like the market pricing a permanent break in the business, and that narrative is missing one crucial number: mainland China funded accounts were about 13% of the total as of Q1 2026. If next week’s Q1 report shows the rest of the platform is still compounding the way 2025 did, this washout looks more like panic than thesis destruction.

May 25, 20264 MIN
Financial ServicesValuationChina
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