Futu Holdings, a fast-growing online brokerage in China, filed on Friday with the SEC to raise up to $300 million in an initial public offering.
The Hong Kong-based company was founded in 2011 and booked $92 million in revenue for the 12 months ended September 30, 2018. It plans to list on the Nasdaq under the symbol FHL. Futu Holdings filed confidentially on October 19, 2018.Goldman Sachs (Asia), UBS Investment Bank and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.
