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Futu Holdings prices IPO at $12, the high end of the range

March 8, 2019
FHL

Futu Holdings, which is a fast-growing low-commission online brokerage in China, raised $90 million by offering 7.5 million shares at $12, the high end of the range of $10 to $12.

Futu Holdings plans to list on the Nasdaq under the symbol FHL. Goldman Sachs (Asia), UBS Investment Bank and Credit Suisse acted as lead managers on the deal.