Moomoo Parent Futu Crashes 28% After China Proposes $271 Million Penalty Over Alleged Unlicensed Operations

All NewsMay 26, 2026

Moomoo parent Futu Holdings shares plunge 28% on the Nasdaq after facing a $271M fine from China over unlicensed trading operations.

Importance Rank:

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.

Cookie settings ACCEPT

Moomoo Parent Futu Crashes 28% After China Proposes $271 Million Penalty Over Alleged Unlicensed Operations

The UCW Newswire : Financial, Business and Tech News

Recent Headlines

Walmart is selling a heavy-duty storage shed with lockable doors for only $95

Singapore Airlines is switching up all the seats

‘Blue wave’ hopes for US economic change are likely to be disappointed

Who’s in the line of fire after the midterm drubbing?

America turns on Trump’s tech cheerleaders