FUTU

1. September 2026 1 entry
   Sep 24, 2026

   Substack · The Global Gambit's Substack · The Global Gambit

   Initiating Coverage on Futu Holdings Ltd (FUTU): A Compounding Machine Hiding in Plain Sight

   Unpacking the fundamental dislocation of a globally expanding, high-margin digital brokerage trading at a distressed 10.9x multiple.

   FUTU1,536 words

   Since publication −7.3% α −6.9 pp vs S&P 500 · USD

Prices as of the Oct 27, 2026 close. Past performance does not guarantee future results. Price-only, excluding dividends, in local currency. Data may be delayed or inaccurate. Not investment advice. How it is calculated.