Read The Times Australia

Daily Bulletin

International Share Trading Platform Moomoo Reveals Investors Were More Cautious in Approach to Investing in 2022

  • Written by: PR Newswire Asia - Daily Bulletin Au RSS
International Share Trading Platform Moomoo Reveals Investors Were More Cautious in Approach to Investing in 2022

SYDNEY, Feb. 14, 2023 /PRNewswire/ -- A new product report by international share trading platform moomoo reveals its 10 most used features in 2022, among which include the app's Earnings Calendar and Paper Trading tools.

The product report is conducted annually to evaluate changing global investor behaviours and uses data from moomoo's Australia, US and Singapore users. The latest report suggests that moomoo users were more cautious when selecting which shares to buy than they were in previous years.

New moomoo report reveals some of the most used and favorite moomoo features in 2022. New moomoo report reveals some of the most used and favorite moomoo features in 2022.

Moomoo Global Product Manager Shine Deng says the 2022 report shows a significant shift in investors' risk tolerance.

"In 2021, fast growing companies and emerging industries were highly sought after, however in 2022 investors were more interested in seeking out companies with ample cash flow and stable operational performances," Deng said.

"We also saw investors use tools to assist with decision making more frequently in 2022, suggesting they were more cautious in their approach to investing in 2022's bear market than previous years."

Top 10 Platform Features – moomoo users (Australia, US and Singapore)

Sera McKenna, a moomoo Australia user and full-time mum of four, recommends novice investors use the tools available on the app to help them map out their investment strategy.

Using moomoo's Industrial Chain and Earnings Calendar features, Sera discovered a connection between rising EV companies and the Australian mining industry.

"Don't forget the big guys behind the finished products," McKenna said.

"When everyone is driving electric vehicles, hopefully I have learned and invested enough in the right companies, as we all know the industry is going to explode. I want to build something up for my children."

Being a customer-focused online trading platform, moomoo is devoted to empowering investors of all kinds to trade like a pro. The report summarizes 20 cases studies that demonstrates how various users leverage the key moomoo features, as well as what they have learned from their past investing experience.

The full product report can be viewed here.

About moomoo AU

Based in Sydney, NSW, Australia, Futu Securities (Australia) Ltd is an indirect and wholly-owned subsidiary of Futu Holdings Ltd, an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform.

Moomoo's mission is to provide all investors with an intuitive and powerful investing platform, built with proprietary technology. We leverage our deep technological R&D capabilities and future-focused operating model to constantly improve our clients' experience and drive industry-wide innovation.

Securities services available on the moomoo App are offered by but not limited to the following brokerage firms: Futu Securities (Australia) Ltd regulated by the Australian Securities and Investments Commission (ASIC); Moomoo Financial Inc. regulated by the U.S. Securities and Exchange Commission (SEC), Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS), and Futu Securities International (Hong Kong) Ltd. regulated by the Securities and Futures Commission of Hong Kong (SFC).

Moomoo Financial Inc. is a member of the U.S. Securities Investor Protection Corporation (SIPC). The SIPC provides limited protection over an investor's U.S. securities and cash when a member brokerage firm is to be liquidated. SIPC does not protect against losses due to market volatility.

Contact: pr@moomoo.com

 

Source: Futu Securities (Australia) Ltd.

Authors: PR Newswire Asia - Daily Bulletin Au RSS

Read more https://www.prnasia.com/story/archive/4014037_AE14037_0

Business News

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

When Should You Speak to a Lawyer About a Legal Issue?

Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Choosing an ELISA Format That Matches Your Target

A colorimetric ELISA ends with a plate that has developed color, and the instinct is to read more ...

Why Accurate Measurements Matter When Ordering Flatpack Cabinets

Ordering flatpack cabinets can make a renovation or storage project more manageable, but the proce...

How Long Does Interstate Freight Take in Australia?

If you have ever arranged for stock, equipment or materials to travel from one Australian state to a...

How AEC Firms Can Scale Faster Without Sacrificing Project Quality

Growth presents a fundamental dilemma for architecture, engineering, and construction firms: expan...

What Makes an Aesthetic Clinic Worth Going Back To?

Trying an aesthetic clinic for the first time can feel like a bit of a gamble. You can read review...

Elevate Your Morning Routine with Cafe-Style Coffee at Home with the Right Coffee Machine

There's something magical about that first sip of coffee in the morning. It’s more than just a bev...

Top Garment Steamers for Busy Professionals in Australia

The gap between garment steamers built for a quick touch-up and ones built to keep pace with a wor...

Correct Sleeping Posture to Minimize Back Strain

Most people don’t pay much attention to how they sleep until they start waking up with a stiff bac...

Why Product Longevity Matters for Sustainable Australian Buildings

Sustainability in building design is often associated with recycled materials, renewable resources a...