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Futu founder Li Hua: New regulations will not change the annual customer acquisition target of 800,000. - CoinFeed
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Futu founder Li Hua: New regulations will not change the annual customer acquisition target of 800,000.

May 28, 2026
CoinFeed News

CoinFeed reported on May 28th that Li Hua, founder of Futu Holdings, responded at the company's Q1 2026 earnings conference that the industry-wide rule adjustments to cross-border securities, futures, and fund businesses for mainland investors issued by the China Securities Regulatory Commission (CSRC) on May 22nd are unified requirements for the entire industry. Regarding the two-year rectification period for mainland clients, the regulator is not requiring the closure of accounts, but rather restricting domestic deposits and purchases. Li Hua stated that Futu will actively embrace regulation and steadily advance compliance work according to regulatory guidelines, and expects this regulatory update will not affect the company's annual customer acquisition target of 800,000. Currently, mainland clients with assets account for approximately 13% of total clients, representing about 17% of assets and contributing about 20% of revenue. The company will continue to expand into more international markets in the future.

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