Futu Holdings Limited

Hello, ladies and gentlemen. Welcome to Fatu Holden's second quarter 2022 conference call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a Q&A session. Today's conference call is being recorded. If you have any objections, you may disconnect at this time. I would now like to turn the conference over to your host for today's conference call, Daniel Yuan, Chief of Staff and Head of IR at Fatu. Please go ahead, sir.

Thanks, operator. And thank you for joining us today to discuss our second quarter 2022 earnings results. Joining me on the call today are Mr. Lace Lee, Chairman and Chief Executive Officer, Arthur Chen, Chief Financial Officer, and Robin Xu, Senior Vice President. As a reminder, today's call may include forward-looking statements, which represent the company's belief regarding future events, which by their nature are not certain and are outside of the company's control. Forward-looking statements involving hearing risks and uncertainty. We caution you that a number of important factors could call back to results to differ materially from those containing any forward-looking statements. For more information about the potential risks and uncertainties, please refer to the company's filings with the SEC. including this registration statement. So with that, I will now turn the call over to Leif. Leif will make his comments in Chinese, and then we'll translate.

Thank you for attending today's conference. By the end of the second quarter, our real estate customers have reached about 1.39 million, which is 39% of the total growth. In the second quarter, the real estate customers competed with about 60,000 people. In the first half of the year, the total competition was 14.3 million. Thank you all for joining us today. As of quarter end, we had approximately 1.4 million paying clients, up 39% year over year. Net addition was over 60,000, bringing our first half paying clients growth to 143,000.