Futu, Up Fintech Options Surged Before Crackdown Sparked Slump
Trading in US-listed options on Futu Holdings Ltd. and Up Fintech Holding Ltd. surged just before China’s regulator’s announcement that it planned to penalize them triggered a record share slump.
By Henry Ren, Christian Dass · Bloomberg Markets
Trading in US-listed options on Futu Holdings Ltd. and Up Fintech Holding Ltd. surged just before China’s regulator’s announcement that it planned to penalize them triggered a record share slump.