Futu Holdings Limited

Hello, ladies and gentlemen. Welcome to Futu Holdings' third quarter 2024 earnings 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 to CEO, Head of Strategy and IR at Futu. Please go ahead, sir.

Thanks, Operator, and thank you for joining us today to discuss our third quarter 2024 earnings results. Joining me on the call today are Mr. Leif Leif, Chairman and Chief Executive Officer, Arthur Chen, Chief Financial Officer, and Robin Xu, Senior Vice President. As a reminder, today's call may include four 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 uncertainties. We caution you that a number of important factors could cause actual 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 its annual report. With that, I will now turn the call over to Leif. Leif will make his comments in Chinese, and I will translate.

In this quarter, we have added 15.4 million real estate customers, with a total growth of 138%, compared to the basic level. The total number of real estate customers has reached 2.2 million, with a total growth of 33%. In the first three quarters of 2024, we have added 48.7 million real estate customers. We expect that, with the steady growth of mature market customers and the double promotion of the new market, Thank you all for joining our earnings call today. We wrapped up the quarter with 154,000 new paying clients, up 138% year-over-year, and flattish quarter-over-quarter.