Futu Brings Korean Stock Trading to Hong Kong via Futubull

§ 01 Executive Snapshot

• What: Futu Securities has launched Korean stock trading for Hong Kong investors.
• Who: Futu Securities International, Moomoo, South Korea’s Financial Services Commission.
• Why it matters: This service enhances Futu's international offerings, allowing users to trade across multiple markets seamlessly.

§ 02 Key Developments

• Futu provides access to over 2,700 listed equities on the KOSPI and KOSDAQ markets.
• The launch follows the issuance of Omnibus Account Guidelines by South Korea's Financial Services Commission in November 2025.
• Investors can trade Korean stocks using existing US dollar balances without currency conversion.

§ 03 Strategic Context

• Futu has been expanding its regulatory reach since its founding in 2012, now holding more than 100 licenses globally.
• The launch aligns with Futu's strategy to internationalize its product offerings and enhance user experience across various markets.

§ 04 Strategic Implications

• This development positions Futu as a leading platform for diverse market access, potentially increasing user base and trading volume.
• Long-term implications include strengthened competitive positioning in the Asian financial services market.

§ 05 Risks & Constraints

• Potential regulatory challenges could arise from compliance with South Korean laws as they pertain to foreign investment.
• Competition from other brokerage platforms that may also seek to offer similar services could impact Futu's market share.

§ 06 Watchlist / Forward Signals

• The effectiveness of the new trading service will be monitored through user adoption rates and trading volumes.
• Future regulatory changes in South Korea or other markets could significantly affect Futu's operations and expansion plans.