Early Life and Career
Li Hua's early career included a significant role at Tencent, a prominent internet company in China. This experience provided a foundation for his entrepreneurial endeavors in the financial services sector. In 2007, Li Hua founded Futu Holdings, marking a pivotal moment in his career.
Rise to Success
Futu Holdings, under Li Hua's leadership, has become a successful online brokerage and wealth management platform. The company's investment apps, Futubull (for China) and Moomoo (for international markets), have attracted a substantial user base. Despite facing regulatory scrutiny in mainland China in 2022, the company strategically expanded into international markets, including Malaysia, Singapore, and the U.S..
Key Business Strategies
A key strategy for Futu has been its international expansion, particularly in regions like Southeast Asia and the United States. The company has used marketing campaigns, like giving away free Apple shares, to attract new customers. The expansion and the equity boom in markets like the U.S. and Hong Kong have contributed to the company's growth. This strategic shift allowed Futu to bounce back from government crackdowns and continue to grow.
Philanthropy
There is no readily available information about Li Hua's specific philanthropic initiatives.