Waton Financial (WTF)
Combines Hong Kong brokerage services with trading-platform software licensing and support.
Something off on this page? Send us feedback.
Combines Hong Kong securities brokerage, margin financing and trading-platform software licensing with related support, principally through Hong Kong subsidiaries. The BVI parent functions as a holding company rather than a material operating company.
Combines Hong Kong securities brokerage with trading-platform software licensing and related support services. Broker Cloud brings the software, support, brokerage and margin-financing elements together for securities-broker clients.
Operations are conducted principally through Hong Kong subsidiaries, including Waton Securities International and Waton Technology International. The parent holding company has no material standalone operations.
Brokerage operations trace to a Hong Kong predecessor incorporated in 1989, while software licensing and support began development in 2021. Management’s stated strategy is to strengthen the brokerage and software licensing services through technology innovation. The business depends on its Hong Kong operating subsidiaries.
Company facts
Categories
No analyst consensus on record.
Not reported.
Balance sheet, Mar 31, 2026Cash & short-term investments $13.0M · Total debt $2.6M · Total assets $54.7M · Shareholders' equity $21.7M
- Revenue
- $614.7K
- Operating income
- −$825.6K
- Net income
- −$870.5K
No dividends on record.
| Institutions3 holders · as of Mar 31, 2026 | 0.10% | 50.1K shares | |
| Insiders3 holders · as of Apr 1, 2026 | 86.84% | 41.89M shares | |
| Otherremainder | 13.06% | 6.30M shares |
48.24M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Zhou KaiInsider | 84.95% | 40.98M | 13Gfiled Sep 3, 2025 ↗ |
Huaxin WenInsiderofficer: Chief Financial Officer | 1.43% | 688,458 | Form 4filed Apr 1, 2026 ↗ |
James Beeland Jr. RogersInsiderdirector, other: Senior Advisor | 0.46% | 220,746 | Form 4filed Mar 23, 2026 ↗ |
Geode Capital Management, LLCInstitution | 0.06% | 29,578 | 13Fas of Mar 31, 2026 |
UBS Group AGInstitution | 0.04% | 19,817 | 13Fas of Mar 31, 2026 |
| See all 6 → | |||
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
Nothing filed in the last 12 months.
- Futu (ADR)
Hong Kong/US online brokerage and cross-market margin financing
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Waton Financial | $2.73 | +2.63% | $134.1M | — | — | 96.1 | — |
| Futu (ADR) | $117.50 | −0.47% | $16.48B | 11.7 | 10.9 | 5.0 | +35.7% |
| Median | 11.7 | 10.9 | 5.0 | +35.7% |



