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GENERAL INFORMATION, ORGANIZATION AND PRINCIPAL ACTIVITIES | 6 Months Ended | 9 Months Ended
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Jun. 30, 2022 | Sep. 30, 2022
GENERAL INFORMATION, ORGANIZATION AND PRINCIPAL ACTIVITIES |  |
GENERAL INFORMATION, ORGANIZATION AND PRINCIPAL ACTIVITIES | 1. GENERAL INFORMATION, ORGANIZATION AND PRINCIPAL ACTIVITIES Futu Holdings Limited (the “Company”) is an investment holding company incorporated in the Cayman Islands with limited liability and conducts its business mainly through its subsidiaries, variable interest entities (“VIEs”) and subsidiaries of the VIEs (collectively referred to as the “Group”). The Group principally engages in online financial services including securities and derivative trades brokerage, margin financing and fund distribution services based on internally developed software and digital platform “Futubull” and “Moomoo”. The Group also provides financial information and online community services, etc. The Company completed its IPO on March 8, 2019 on the Nasdaq Global Market. Each American Depositary Shares (“ADSs”) of the Company represents eight Class A ordinary shares. As of June 30, 2022, the Company’s principal subsidiaries, consolidated VIE are as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Country/place and | ​ | Attributable equity | ​ |  | ​ | ​
Company name | ​ | date of Incorporation/ | ​ | interest of | ​ |  | ​ | ​
Subsidiaries |  | Establishment |  | the Group |  | Principal activities |  | Statutory auditors
Futu Securities International (Hong Kong) Limited (“Futu Securities”) | ​ | Hong Kong, April 17, 2012 | ​ | 100 | % | Financial services | ​ | PricewaterhouseCoopers Certified Public Accountants
Futu Securities (Hong Kong) Limited | ​ | Hong Kong, May 2, 2014 | ​ | 100 | % | Investment holding | ​ | Gary K. K. Leung & Co.
Futu Network Technology Limited | ​ | Hong Kong, August 17, 2015 | ​ | 100 | % | Research and development and technology services | ​ | Gary K. K. Leung & Co.
Futu Network Technology (Shenzhen) Co., Ltd. | ​ | Shenzhen, PRC, October 14, 2015 | ​ | 100 | % | Research and development and technology services | ​ | Shenzhen Yuanfeng Certified Public Accountants
Shen Si Network Technology (Beijing) Co., Ltd. ("Shen Si") | ​ | Beijing, PRC, September 15,2014 | ​ | 100 | % | No substantial business | ​ | N/A
Moomoo Financial Inc(1) (previous name: Futu Inc.) | ​ | Delaware, USA, December 17, 2015 |  | 100 | % | Financial services | ​ | Baker Tilly US, LLP
Futu Clearing Inc. | ​ | Delaware, USA, August 13, 2018 |  | 100 | % | Financial services | ​ | Baker Tilly US, LLP
Moomoo Financial Singapore Pte. Ltd(1) (previous name: Futu Singapore Pte. Ltd) | ​ | Singapore December 17, 2019 |  | 100 | % | Financial services | ​ | BDO LLP, Singapore
Futu Securities (Australia) Ltd. | ​ | New South Wales, Australia, February 15, 2001 |  | 100 | % | Financial services | ​ | Hall Chadwick
​ | ​ |  |  |  |  | ​ | ​ | ​
VIE | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Shenzhen Futu Network Technology Co., Ltd.(2) ("Shenzhen Futu") | ​ | Shenzhen, PRC, December 18, 2007 | ​ | 100 | % | Research and development and technology services | ​ | Shenzhen Yuanfeng Certified Public Accountants
Notes:
(1) | These subsidiaries changed company names in June 2022.
(2) | Mr. Leaf Hua Li and Ms. Lei Li are beneficiary owners of the Company and held 85% and 15% equity interest in Shenzhen Futu, respectively. Mr. Leaf Hua Li is the founder, chairman and chief executive officer of the Company, and Ms. Lei Li is Mr. Leaf Hua Li’s spouse.
| 1. GENERAL INFORMATION, ORGANIZATION AND PRINCIPAL ACTIVITIES Futu Holdings Limited (the “Company”) is an investment holding company incorporated in the Cayman Islands with limited liability and conducts its business mainly through its subsidiaries, variable interest entities (“VIEs”) and subsidiaries of the VIEs (collectively referred to as the “Group”). The Group principally engages in online financial services including securities and derivative trades brokerage, margin financing and fund distribution services based on internally developed software and digital platform “Futubull” and “Moomoo”. The Group also provides financial information and online community services, etc. The Company completed its IPO on March 8, 2019 on the Nasdaq Global Market. Each American Depositary Shares (“ADSs”) of the Company represents eight Class A ordinary shares. As of September 30, 2022, the Company’s principal subsidiaries, consolidated VIE are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Place of | ​ | Percentage of | ​ |
​ | ​ | Date of Incorporation/ | ​ | Incorporation/ | ​ | Direct or Indirect | ​ |
Companies |  | Establishment/ |  | Establishment |  | Economic Interest |  | Principal Activities
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Subsidiaries | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Futu Securities International (Hong Kong) Limited (“Futu Securities”) | ​ | April 17, 2012 | ​ | Hong Kong | ​ | 100 | % | Financial services
Futu Securities (Hong Kong) Limited | ​ | May 2, 2014 | ​ | Hong Kong | ​ | 100 | % | Investment holding
Futu Network Technology Limited | ​ | August 17, 2015 | ​ | Hong Kong | ​ | 100 | % | Research and development and technology services
Futu Network Technology (Shenzhen) Co., Ltd. | ​ | October 14, 2015 | ​ | Shenzhen, PRC | ​ | 100 | % | Research and development and technology services
Shen Si Network Technology (Beijing) Co., Ltd. (“Shen Si”) | ​ | September 15,2014 | ​ | Beijing, PRC | ​ | 100 | % | No substantial business
Moomoo Financial Inc(1) (previous name: Futu Inc.) | ​ | December 17, 2015 |  | Delaware, USA |  | 100 | % | Financial services
Futu Clearing Inc. | ​ | August 13, 2018 |  | Delaware, USA |  | 100 | % | Financial services
Moomoo Financial Singapore Pte.Ltd(1) (previous name: Futu Singapore Pte. Ltd) | ​ | December 17, 2019 | ​ | Singapore | ​ | 100 | % | Financial services
Futu Securities (Australia) Ltd. | ​ | February 15, 2001 |  | New South Wales, Australia |  | 100 | % | Financial services
​ | ​ | ​ |  | ​ |  | ​ | ​ | ​
VIE | ​ | ​ |  | ​ |  |  |  | ​
Shenzhen Futu Network Technology Co., Ltd.(2) (“Shenzhen Futu”) | ​ | December 18, 2007 |  | Shenzhen, PRC |  | 100 | % | Research and development and technology services
Notes: (1)These subsidiaries changed company names in June 2022.
(2) | Mr. Leaf Hua Li and Ms. Lei Li are beneficiary owners of the Company and held 85% and 15% equity interest in Shenzhen Futu, respectively. Mr. Leaf Hua Li is the founder, chairman and chief executive officer of the Company, and Ms. Lei Li is Mr. Leaf Hua Li’s spouse.

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