36% Undervalued? Futu Holdings (FUTU) On Hong Kong Approval For 24 7 Tokenized Fund Trading

Futu Holdings (FUTU) is in focus after its wholly owned platform PantherTrade received approval from Hong Kong’s securities regulator to offer 24/7 trading in tokenized money market funds via the Futubull app.

That regulatory win lands at a tricky moment for Futu Holdings. The share price has slipped about 8.5% over the past month and is down 42.64% year to date, while the 3 year total shareholder return of 91.81% still points to a much stronger longer term journey. As a result, current momentum looks weaker than the longer run record.

Scan for other brokers building similar digital rails by checking our hand picked 16 cryptocurrency and blockchain stocks that are already plugged into tokenized assets and blockchain based trading.

Futu Holdings now looks like a fast growing digital broker whose share price has stumbled. The question is whether that recent slide leaves the valuation starting to better match the underlying business.

Most Popular Narrative: 36% Undervalued

Against a last close of $102.36, the most followed narrative pegs Futu Holdings at a fair value of $160.84. The current slide is being framed as pricing in plenty of caution around its future cash flows and earnings power.

The rapid growth in funded accounts remains a live driver, with total funded accounts reaching about 3.84 million in Q2 2026 and overseas markets contributing nearly 60% of these, which can support future revenue and fee income growth from a larger, more diversified client base.

See why 53 investors see Futu Holdings as 36% undervalued.

Result: Fair Value of $160.84 (UNDERVALUED)

Still, Futu Holdings carries clear pressure points, including China related regulatory action and the risk that softer trading activity could drag on revenue and profit margins.

Find out about the key risks to this Futu Holdings narrative.

Next Steps

Feeling the mixed tone around Futu Holdings and its recent slide alongside longer term optimism. Act quickly, review the data in detail, and weigh the company's 4 key rewards

Looking for more investment ideas beyond Futu Holdings?

Do not stop with Futu Holdings. Use the Simply Wall Street Screener to uncover fresh opportunities that fit your style before others move first.

• Target reliable income streams by reviewing companies in the 5 dividend fortresses. These focus on robust payouts backed by solid fundamentals.
• Hunt for quality at a potentially attractive price by scanning the 29 high quality undervalued stocks. These combine strong balance sheets with appealing valuations.
• Protect your capital first by assessing the 30 resilient stocks with low risk scores. These pair resilient financial profiles with lower risk scores.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com