China Securities Regulatory Commission Issues Release Addressing 'Illegal Cross-Boarder Securities, Futures, and Fund Operations'

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Morgan Stanley on Futu Amid CSRC Action: 'the stock price might overshoot on the downside in the near term. A potential hit on Futu's bottom line from fines will be something to watch'

May 22, 2026 6:06 AM EDT

Morgan Stanley analyst Chiyao Huang reiterated an Overweight rating and $225.00 price target on Futu Holdings Limited (NASDAQ: FUTU).

The analyst comments "CSRC has issued a joint notice with other departments to curb cross-border brokerage business. Compared with previous requirements, the new change is... More