Moomoo Financial Canada announces Dinghao Zhang as winner of Canada's Top Trader Competition, showcasing increased interest in self-directed investing.
Quiver AI Summary
Moomoo Financial Canada has unveiled the winner of its first-ever Canada's Top Trader Competition, a live, real-money trading contest conducted in partnership with Nasdaq. From June 1 to July 31, 2026, the event attracted over 8,000 participants nationwide, marking a significant increase in trading activity for the company. Dinghao Zhang from Thunderbay, Ontario, emerged as the top trader with an impressive 4,972% return, earning recognition on the Nasdaq MarketSite billboard in Times Square. Moomoo CEO Michael Arbus noted the competition's success reflects the rising interest in self-directed investing among Canadians. The organization plans to host a second competition starting September 1, 2026, providing another opportunity for participants to compete and connect over trading strategies, with incentives including a new Tesla Model 3 for the winner.
Potential Positives
- Moomoo Financial Canada's inaugural Canada’s Top Trader Competition attracted over 8,000 participants, indicating strong engagement and interest in self-directed investing among Canadians.
- The competition generated the highest trading activity in the company's history, showcasing its growing popularity and potential market influence.
- The winner, Dinghao Zhang, achieved an impressive 4,972% return, highlighting the competitive nature and potential for significant gains within the trading community.
- The upcoming second edition of the competition is set to further enhance Moomoo's commitment to making investing accessible, with incentives like a Tesla Model 3 as a prize, which may attract even more participants.
Potential Negatives
- The announcement highlights a lack of noteworthy milestones or innovations outside of the trading competition, potentially suggesting stagnation in product development or service offerings.
- The competitive nature of the event may inadvertently promote high-risk trading behaviors among participants, which could lead to negative financial outcomes for inexperienced investors.
- The focus on a single event, while successful, raises concerns about the company's ongoing engagement and activities outside of this competition.
FAQ
What is Canada's Top Trader Competition?
Canada's Top Trader Competition is the country's first live, real-money national trading competition, organized by Moomoo Financial Canada and Nasdaq.
Who won Canada’s Top Trader Competition 2026?
Dinghao Zhang from Thunderbay, Ontario, was named Canada’s Top Trader 2026, achieving an impressive 4,972% return.
How many people participated in the competition?
Over 8,000 registered participants from across Canada took part in the inaugural Canada’s Top Trader Competition.
When will the next Canada’s Top Trader Competition start?
The second Canada’s Top Trader Competition will launch on September 1, 2026, running through November 2026.
What prizes are offered in the next competition?
Participants in the upcoming competition will have the chance to win a new Tesla Model 3 as part of the prizes.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FUTU Hedge Fund Activity
We have seen 154 institutional investors add shares of $FUTU stock to their portfolio, and 281 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF AMERICA CORP /DE/ added 2,722,449 shares (+844.0%) to their portfolio in Q2 2026, for an estimated $255,202,369
- FMR LLC removed 2,062,617 shares (-99.3%) from their portfolio in Q2 2026, for an estimated $193,349,717
- CITIGROUP INC added 1,762,532 shares (+92.0%) to their portfolio in Q2 2026, for an estimated $165,219,749
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 1,712,927 shares (+61972.8%) to their portfolio in Q2 2026, for an estimated $160,569,776
- FIRST BEIJING INVESTMENT LTD added 1,379,102 shares (+inf%) to their portfolio in Q2 2026, for an estimated $129,277,021
- AGF MANAGEMENT LTD removed 843,734 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $115,389,061
- NATIONAL BANK OF CANADA /FI/ removed 740,865 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $69,448,685
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$FUTU Price Targets
Multiple analysts have issued price targets for $FUTU recently. We have seen 2 analysts offer price targets for $FUTU in the last 6 months, with a median target of $150.0.
Here are some recent targets:
- Katherine Lei from JP Morgan set a target price of $100.0 on 05/26/2026
- Jiong Shao from Barclays set a target price of $200.0 on 03/16/2026
Full Release
Image 1 Michael Arbus, CEO of Moomoo Financial Canada and the winner of the Canada’s Top Trader competition, Dinghao Zhang at the Moomoo Store at CF Markville, located in Markham, Ontario, Canada.
TORONTO, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Moomoo Financial Canada has announced the winner of its inaugural Canada's Top Trader Competition, the country's first live, real-money national trading competition held in partnership with Nasdaq. Running from June 1 to July 31, 2026, the competition attracted more than 8,000 registered participants from across the country and generated the highest trading activity in Moomoo Financial Canada’s history.
Over two months, investors competed using their own capital in live markets while tracking their performance on a national leaderboard. The competition brought together participants from coast to coast, highlighting Canadians’ growing interest in self-directed investing and financial education.
Following the competition, Dinghao Zhang of Thunderbay, Ontario earned the title of Canada’s Top Trader 2026, achieving a 4,972% return to secure first place among thousands of participants. In recognition of the achievement, the winner’s name will be showcased on the iconic Nasdaq MarketSite billboard in New York City’s Times Square, celebrating Canada’s top trader on one of the world’s most recognizable financial stages.
"This competition surpassed our expectations, bringing together more than 8,000 Canadians from across the country to learn, compete and engage with markets,” said Michael Arbus, Chief Executive Officer of Moomoo Financial Canada. "The overwhelming response and record trading activity demonstrate the growing demand for accessible investing tools and financial education. We are proud to have created an experience that empowered investors of all levels while fostering a strong investing community."
Dinghao added, “Winning Canada’s Top Trader Competition is an incredible honour. Competing alongside thousands of investors from across the country challenged me to stay disciplined, trust my strategy, and continue learning. I am grateful to have been part of an experience that celebrates investing and inspires more Canadians to build confidence in the markets.”
The strong response to the inaugural competition is setting the stage for the second Canada’s Top Trader Competition, launching this September and running through November 2026. The next edition will once again give Canadians an opportunity to put their trading strategies to the test in live markets while connecting with a growing community of self-directed investors.
The new competition is set to launch on September 1, 2026, and will offer participants a chance to win a new Tesla Model 3. Canadians can begin pre-registration today at https://www.moomoo.com/ca/competition/top-trader2 .
Highlights from the Inaugural Competition
- More than 8,000 registered participants
- 40% of participants represented cities such as Toronto and Vancouver
- SpaceX and NVIDIA were the most traded stocks amongst the participants
- Canada's first live, real-money national trading competition in partnership with Nasdaq
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$1,000,000 CAD prize pool awarded
As Moomoo Financial Canada looks ahead to the second edition, Canada’s Top Trader reflects the company’s ongoing commitment to making investing more accessible through innovative technology, investor education and community engagement. By bringing Canadians together to learn, compete and participate in live markets, the competition aims to foster greater confidence and engagement among today’s self-directed investors.
More details about the second Canada’s Top Trader Competition is available at https://www.moomoo.com/ca/competition/top-trader2 .
About Moomoo Financial Canada
Moomoo Financial Canada Inc. is an award-winning trading platform built to democratize access to professional-grade tools, real-time market data, and advanced analytics typically associated with institutional trading environments. Named by Benzinga as the #1 U.S. Stock Trading Platform for Canadians, the platform helps active and self-directed investors see market signals sooner and act with more confidence.
Regulated by the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF), Moomoo Financial Canada Inc. is an affiliate of Futu Holdings Limited (NASDAQ: FUTU), a global fintech company serving more than 30 million users worldwide.
Learn more at www.moomoo.ca .
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Media Contact:
Carlee Snyder
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c6966643-8df5-447b-b3b7-a6ae951fc0ec
