- FUTU—which means 'path to riches' in Chinese—is a fast growing FinTech company, offering a fully digitized brokerage and wealth management platform.
- As regulatory risks became very salient in 2021, the market excessively discounted FUTU's enormous growth potential — which caused substantial mispricing.
- FUTU's share price is down 76% from its local peak in early 2021 of $191.60 per share and is now trading at highly attractive levels.
- I believe the current depressed share price of FUTU is an opportunity to invest in a next-generation FinTech company with extensive secular growth potential.
- I claim FUTU could be x10-bagger by 2030.
For further details see:
FUTU: Walking The Path To Riches