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Millennials and Gen Z investors prefer stocks in high-growth industries: FUTU

Felicia Tan
Felicia Tan4/7/2021 9:24 PM GMT+08  • 2 min read
Millennials and Gen Z investors prefer stocks in high-growth industries: FUTU
The heightened interest, according to FUTU, is also attributable to the increased accessibility and usability of digital tools.
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A survey conducted by NASDAQ-listed FUTU Holdings has found that more individuals – in particular millennials and Generation Z – are taking greater ownership of their finances by turning towards a greater interest in investing.

The heightened interest, according to FUTU, is also attributable to the increased accessibility and usability of digital tools, plus an uncertain and volatile future arising from the Covid-19 pandemic.

In 2020 alone, among in-profits investors, 18.8% of millennials and 17.7% of Generation Z investors doubled their position, implying that they had achieved 100% of their investment returns.

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