On Friday, Futu Holdings Limited (FUTU.US) climbed nearly 6% to $191.13. According to financial results, Futu's total revenue for the second quarter of 2025 reached HK$5.311 billion (approximately $677 million), representing a 69.7% year-over-year increase. Under Non-GAAP accounting standards, net profit totaled HK$2.66 billion (approximately $339 million), marking a substantial 105.2% year-over-year surge.

By business segment, second-quarter trading commissions and fees generated HK$2.579 billion (approximately $329 million), up 87.4% year-over-year. Interest income reached HK$2.288 billion (approximately $292 million), climbing 43.8% year-over-year. Other income, including wealth management and corporate services, totaled HK$444 million (approximately $56.6 million), soaring 175.8% year-over-year.

As of quarter-end, registered users across Futu's Futubull and moomoo applications reached 27.12 million, with account numbers hitting 5.24 million, representing year-over-year growth of 17% and 30% respectively. Funded clients increased 41% year-over-year to 2.88 million, while total client assets on the platform reached HK$973.9 billion (approximately $124.1 billion), surging 68% year-over-year.

Hong Kong markets demonstrated strong momentum, with client net inflows driving double-digit quarterly growth in average assets per account. Overseas markets all recorded double-digit quarterly growth in client assets, with Singapore achieving a significant milestone - by quarter-end, one in every two residents uses moomoo, further strengthening Futu's competitive moat in the global financial sector.

Rising market conditions across global markets in the second quarter unleashed trading momentum on Futu's platform, with total trading volume jumping 121% year-over-year to HK$3.6 trillion, setting a new historical record.