Tencent-backed Futu eyes new Asian markets outside China

Online broker's CEO Li explores options for dual listing, crypto offerings

20221014 Futu CEO Leaf Li

“Futu, from day one, has always focused on outside of China market development,” CEO Leaf Li told Nikkei Asia. (Nikkei montage/Dylan Loh)

DYLAN LOH, Nikkei staff writer

SINGAPORE -- One of China's most prominent online brokers plans to venture into "one or two" new markets in Asia within the next 12 months, in a concerted international push amid regulatory uncertainty at home, as Beijing cracks down on internet platform companies.

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