D.C.'s Quiet Plan for a New Tech Era
Why did federal agencies receive orders to "clear the runway" for a phenomenon most Americans haven't even heard of yet? And why are billionaires rushing in weeks before January 1? Whitney Tilson decoded the pattern.

| Open | 171.97 | Prev Close | 170.73 |
| High | 173.40 | Low | 168.63 |
| Volume | 816,173 | Volume (Avg) | 2,208 |
| 52 Week High | 202.53 | 52 Week Low | 70.60 |
| Market Cap | 16.1B | PE Ratio | 18.95 |
General
| Name | Futu Holdings Ltd ADR |
| Ticker | FUTU |
| Exchange | NASDAQ |
| Sector | Financial |
| Industry | Capital Markets |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 3,343 |
About Futu Holdings Ltd ADR
Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. The company offers online financial services, including securities and derivative trades brokerage, margin financing and fund distribution services through its Futubull and Moomoo digital platforms. It also provides financial information and online community services; online wealth management services under the Money Plus brand name through its Futubull and moomoo platforms, which provides its client access to mutual funds, private funds, bonds, structured products, and other wealth management products; market data and information services; and NiuNiu Community, an open forum for users and clients to share insights, ask questions, and exchange ideas. Futu Holdings Limited was founded in 2007 and is headquartered in Admiralty, Hong Kong.
Highlights
| Analyst Target | 228.40 |
| Market Cap | 16,063,000,000 |
| PE Ratio | 18.95 |
Valuation
| Trailing PE | 19.10 |
| Forward PE | 11.99 |
| Price/Sales (Trailing 12 Mt.) | 1.25 |
| Price/Book (Most Recent Quarter) | 5.04 |
Technicals
| Beta | 0.19 |
| 52 Week High | 202.53 |
| 52 Week Low | 70.60 |
| 50 Day Average | -2.35% |
| 200 Day Average | 21.31% |
Earnings
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