Futu Holdings Limited

Hello, ladies and gentlemen. Welcome to Futu Holdings' first quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a question and answer 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, Alan Toy, Investor Relations Manager at Futu. Please go ahead, sir.

Thanks, Arbiter. Thank you for joining us today to discuss our first quarter 2026 earnings results. Joining on the call today are Mr. Lee 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 beliefs regarding future events, which by their nature are not certain and are outside of the company's control. forward-looking statements involving heavy risks and uncertainties. We caution you that a number of important factors will cause actual results to differ materially from those contained in any forward-looking statement. For more information about potential risks and uncertainties, please refer to the company's guidance with the SEC, including its annual report. With that, I will now turn the call over to Liv. Liv will make his comments in Chinese, and I will translate.

Thank you for attending today's conference. In the first quarter, there were 22.5 million competitors with assets. The total number of customers with assets reached 3.59 million, which increased by 34% compared to 7%. In the first quarter, Hong Kong shares were depressed. The Hong Kong market had a slowdown, but it still contributed to the second quarter of competitors with assets. Thank you all for joining our earnings call today.