Futu Holdings Surges 6.84% on Q2 Earnings Beat as $790M Retail-Driven Volume Ranks 142nd in Market Activity

Futu Holdings (FUTU) surged 6.84% on August 13, 2025, with a trading volume of $0.79 billion, a 186.4% increase from the previous day, ranking 142nd in market activity. The stock’s performance followed a Q2 earnings report that exceeded estimates, including $1.96 EPS and $603.43 million in revenue. Institutional investors showed mixed activity, with some reducing stakes while retail buying drove volume growth.

The rally defied broader volatility in the Capital Markets sector, where peers like Interactive Brokers fell 7.55%. Futu’s 47.06% net margin and 23.38% ROE highlighted its operational strength. Technical indicators suggested a short-term bullish trend, with key resistance at its 52-week high of $177.14 and support near $168.93. High-liquidity options activity, particularly in the August 22 expiration cycle, reflected speculative positioning around potential breakouts.

A backtest of FUTU’s performance after a 7%+ intraday move showed a 51.38% win rate over 3 and 10 days, rising to 55.43% at 30 days. This suggests a higher likelihood of continued gains following the recent surge. The strategy of buying the top 500 stocks by daily volume and holding them for one day from 2022 to 2025 yielded a 20.15% total return, outperforming passive benchmarks.