MASHINIi

Futu Holdings Limited.

FUTU.US | Security and commodity contracts brokerage

Futu Holdings Limited is an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform. Primarily serving the emerging affluent population, Futu provides trading and clearing services for stocks, options, and other financi...Show More

Ethical Profile

Mixed.

Futu Holdings Limited's ethical profile is mixed. While the company invested $12.7 million in cybersecurity in 2022 and holds ISO 27001 certification, reports suggest a Chinese media outlet raised concerns about potential data privacy violations. Futu reported carbon emissions of approximately 1,339,000 kg CO2e in 2022. The company supports financial literacy through initiatives like a children's board game and Moomoo Foundation seminars. In 2022, Futu donated HK$10 million to local charities and distributed Covid-19 rapid test kits. Employee sentiment on Glassdoor shows a 3.3/5 rating, with 50% recommending working there, though specific data on fair pay is limited. Many areas, including honest business practices and supply chain ethics, lack sufficient public data for a comprehensive assessment.

Value Scores

Better Health for All-60
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-10
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

-60

The company's core business is financial services, and its products do not have direct addiction potential.

1
In March 2022, the company donated HK$10 million to two local charities and distributed 1 million sets of rapid test kits, including 450,000 complimentary COVID-19 rapid test kits to needy populations.
2
This donation represents approximately 0.23% of its FY2024 total revenue of HK$4.4 billion.
3
During the same period in 2022, the company also donated HK$10 million in support of anti-pandemic efforts and 1,000 rapid testing kits.
4
These actions indicate a reactive crisis response with limited flexibility during emergencies, and donations representing less than 1% of crisis-related revenue. The company's health equity programs are limited, with funding below 0.5% of revenue. Similarly, its health education initiatives are minimal, primarily serving marketing purposes, such as an offline pop-up booth in October 2022.
5
The company's focus on preventative health is limited, with donations of rapid test kits representing a small portion of health-related expenditure. While the company offers health insurance and 401k employer contributions, there is minimal support for the broader healthcare workforce.
6
There is no information available regarding mental health initiatives, suggesting neglect despite potential impacts.
7

Fair Money & Economic Opportunity

0

Moomoo Singapore offers a fixed margin rate of 4.8% for its Universal Account, which is lower than a peer's tiered rate of 5.14%-6.64%.

1
It also provides $0 commission and a $0.99 fixed platform fee for US stocks.
2
The company offers financial literacy initiatives, including over 700 educational courses through MooLearn.
3
The Moomoo Foundation partnered with W!se to recognize 100 high schools for teaching personal finance and hosts seminars, reaching approximately 1200 North American users through a survey.
4
Futu also launched a financial education board game, collaborating with the Hong Kong Federation of Education Workers to invite over 60 local primary schools to participate in competitions.
5

Fair Pay & Worker Respect

0

Employee engagement, based on an overall employee rating of 3.3 out of 5 stars from anonymous reviews, is approximately 66%.

1
There are no mentions of regulatory actions, violations, fines, or compliance issues related to labor laws or human rights in the provided articles.
2

Fair Trade & Ethical Sourcing

0

Futu Holdings Limited operates as a financial technology company, providing a fully digitized brokerage and wealth management platform. Its revenue is generated from brokerage commissions, interest income, wealth management fees, and IPO distribution. The nature of this business does not involve the procurement or trade of physical commodities, nor does it entail a supply chain typically associated with fair trade and ethical sourcing concerns such as child/forced labor in production, fair pay for producers, or material provenance.

1
Therefore, all KPIs related to these aspects are scored as N/A, as the company's operations do not fall within the scope of these metrics.
2

Honest & Fair Business

0

No specific, concrete data points were found in the provided articles for any of the KPIs related to Honest & Fair Business. While articles detail significant regulatory scrutiny from Chinese officials regarding Futu's cross-border operations, leading to multiple stock price declines and the company's decision to remove its app in mainland China, no explicit value of ethics-related regulatory fines incurred by Futu is provided.

1
Similarly, there is no evidence regarding transparency index scores, the specifics of Futu's own formal whistleblower policy, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict-free percentages, anti-corruption policies, or third-party verification of ethical claims.

Kind to Animals

0

Futu Holdings Limited operates as a financial services company, providing a digitized brokerage and wealth management platform.

1
Its core business activities do not involve animals, animal products, animal testing, animal agriculture, or related supply chains.
2
Therefore, all KPIs related to animal welfare, such as cruelty-free certifications, animal testing, humane operations, ethical sourcing, and wildlife conservation, are not applicable to its business model.

No War, No Weapons

0

The company is listed as having no military contracting.

1
Furthermore, it is listed as having no controversial weapons.
2

Planet-Friendly Business

-10

Futu Holdings Limited reported total carbon emissions of approximately 1,339 tCO2e in 2022, an increase from 1,305 tCO2e in 2021.

1
While Scope 3 emissions are disclosed (7 tCO2e in 2022 and 6 tCO2e in 2021), the company does not disclose specific Scope 1 and Scope 2 emissions data.
2
Futu Holdings has not publicly committed to specific 2030 or 2050 climate goals through major frameworks like SBTi, nor has it set a public net-zero target year.
3
There is no evidence of environmental compliance violations or projects subject to environmental impact assessments.
4
The company's business model as a fully digitized brokerage and wealth management platform suggests minimal direct environmental impact for many KPIs, leading to N/A scores where no specific data is provided.

Respect for Cultures & Communities

0

No specific, concrete data points were found in the provided articles for Futu Holdings Limited that directly correspond to the quantitative thresholds of the 'Respect for Cultures & Communities' KPIs. Article 0, which contained numerous relevant data points, was explicitly about SF REIT and not Futu Holdings Limited, and therefore could not be used as evidence.

1
Other articles mentioned general partnerships or community engagement activities (e.g., with W!se, Oxfam, Make-a-Wish Foundation, sponsoring a marathon), but lacked the precise quantitative data (e.g., number of formal partnerships with indigenous/local community groups, percentage of revenue reinvested, specific local employment ratios, or cultural preservation investments) required to map to the defined scoring tiers. Therefore, all KPIs were omitted due to lack of direct, quantifiable evidence for Futu Holdings Limited.

Safe & Smart Tech

0

Futu Holdings reported 0 major security breaches.

1
The company invested $12.7 million in cybersecurity in 2022, against a total revenue of $570.8 million in 2022, which is approximately 2.2% of revenue.
2
Futu holds ISO 27001 certification.
3
The company strengthens internal training to enhance employee awareness of personal information protection and restricts access to information, requiring confidentiality.
4
Its privacy policy mentions encryption for data sharing with third parties and uses cookies for account authentication.
5
Futu completed rectification work related to the 'Special Task Force on the Regulation of Apps' by August 2, 2019, and its privacy policy mentions security measures to prevent unauthorized access and disclosure.
6
The company's privacy policy states it collects only necessary information and limits retention to the minimum required period.
7
Users have rights to access, amend, and delete their data, and can cancel accounts.
8
Futu engages external law firms and professional cybersecurity teams for regular cybersecurity studies, examinations, and inspections to optimize systems and boost risk prevention capabilities.
9
The company monitors regulatory developments and complies with applicable laws, including the Personal Information Protection Law (PIPL) of China, and regulations in the United States and Singapore.
10
Futu's privacy policy states data is collected only as necessary for product functionality and business operation.
11

Zero Waste & Sustainable Products

0

Futu Holdings Limited, a digital brokerage and wealth management platform, does not provide any specific data or initiatives related to waste management, product design for circularity, or sustainable packaging.

1
The available articles explicitly state that no data is provided for KPIs such as waste diversion rate, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability score, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.
2

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.