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Futu : added 273,000 net paying clients in 2021 Q1, reflects 7x growth YoY

Operational highlights of the unaudited financial results for the first quarter ended March 31, 2021:
Total revenue in the first quarter increased 349.4% year-over-year ( YoY ) to $283.6 million, achieving triple-digit growth for five consecutive quarters.
Non-GAAP adjusted net income
[1] was up 6.3 times YoY to $151.7 million.
The number of Futu users reached 14.2 million, an increase of 69.7% YoY; the number of registered clients reached 1,957,436, an increase of 140.2% YoY; the number of Futu s paying clients reached 789,652, an increase of 231.0% YoY.
During Q1, Futu s total trading volume soared 277.5% YoY to $289.0 billion.
PALO ALTO, Calif., May 19, 2021 /PRNewswire/ Futu Holdings Limited ( Futu or the Company ) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, announces its unaudited financial results for the first quarter ended March 31, 2021 ( Q1 ). ....

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Futu Holdings Limited (FUTU) Q1 2021 Earnings Call Transcript

FUTU earnings call for the period ending March 31, 2021. ....

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First Trust MLP and Energy Income Fund Declares Monthly Common Share Distributions of $0.05 Per Share for May, June and July

Press release content from Business Wire. The AP news staff was not involved in its creation.
First Trust MLP and Energy Income Fund Declares Monthly Common Share Distributions of $0.05 Per Share for May, June and July
April 20, 2021 GMT
WHEATON, Ill. (BUSINESS WIRE) Apr 20, 2021
First Trust MLP and Energy Income Fund (the “Fund”) (NYSE: FEI) has declared the Fund’s monthly common share distributions for May, June and July of $0.05 per share for each month.
The payable, record and expected ex-dividend dates, as well as the distribution per share amount for these distributions are as follows:

First Trust MLP and Energy Income Fund (FEI): ....

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China allows eight foreign managers to launch private funds in 2020

Asia Asset Management (
AAM).
The eight wholly foreign-owned enterprises or WFOE include subsidiaries of Scottish fund manager Baillie Gifford, Hong Kong’s Income Partners, South Korea’s Hanwha Asset Management, Singapore’s iFAST Corporation, and France’s Metori.
Baillie Gifford was the only one among them to also be designated as qualified domestic limited partnership (QDLP) by the Asset Management Association of China (AMAC), allowing the firm to raise renminbi-denominated capital in China for investments overseas.
Four others firms, including Amundi Asset Management and Franklin Templeton, were also designated as QDLP last year.
WFOE are allowed to participate in various businesses in China, including investment advisory services and private fund investment. Those that intend to sell private funds to wealthy individuals and run QDLP business are required to register as private fund managers with AMAC. ....

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Magellan Midstream Partners LP (MMP) Q4 2020 Earnings Call Transcript

Operator
Greetings, everyone, and welcome to the Fourth Quarter 2020 Earnings Call. [Operator Instructions] Afterwards, we will have a question-and-answer session. [Operator Instructions]
As a reminder, this conference is being recorded today, Tuesday, February 2, 2021.
I would now like to turn the call over to Mike Mears, Chief Executive Officer. Please go ahead.
Mike Mears
Hello and thank you for joining us today for our fourth quarter earnings call.
Before we get started, I must remind you that management will be making forward-looking statements as defined by the SEC. Such statements are based on our current judgments regarding the factors that could impact the future performance of Magellan, but actual outcomes could be materially different. You should review the risk factors and other information discussed in our filings with the SEC and form your own opinions about Magellan s future performance. ....

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