Ford Type 9 transmission

UP Fintech Holding Limited’s Hong Kong Subsidiary Receives SFC Approval on Type 9 License to Provide Asset Management Services

Retrieved on: 
Wednesday, March 27, 2024

Mr. Yang Xu, the Head of Wealth Management business, stated that TBHK’s asset management services will feature a seasoned investment team adept in tactical asset allocation and long-term value investing, crafting bespoke asset allocation strategies for discretionary account retail clients, complemented by a user-friendly platform interface to facilitate wealth accumulation.

Key Points: 
  • Mr. Yang Xu, the Head of Wealth Management business, stated that TBHK’s asset management services will feature a seasoned investment team adept in tactical asset allocation and long-term value investing, crafting bespoke asset allocation strategies for discretionary account retail clients, complemented by a user-friendly platform interface to facilitate wealth accumulation.
  • Additionally, TBHK’s asset management team will provide comprehensive services for Hong Kong investment immigration, along with tailored investment strategies for managed accounts, and is set to offer a multifaceted fund service infrastructure in the future.
  • Over the past year since entering Hong Kong market, TBHK has garnered popularity among Hong Kong users with its optimized product offerings and one of the most competitive pricing.
  • We are also one of the few brokers that offers recurring investment and fractional shares trading feature for both U.S. and Hong Kong shares.

Hywin Holdings Announces Strategic Business Transformation Plan

Retrieved on: 
Wednesday, March 27, 2024

SHANGHAI, China, March 27, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin”, or the “Company”) (NASDAQ: HYW) today announced its plan for strategic business transformation in light of recent regulatory policies and market developments.

Key Points: 
  • SHANGHAI, China, March 27, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin”, or the “Company”) (NASDAQ: HYW) today announced its plan for strategic business transformation in light of recent regulatory policies and market developments.
  • Sharpen focus on the following businesses:
    insurance brokerage services: Hywin will simplify and improve the competitiveness of its commission structures in order to promote its insurance brokerage business.
  • As part of the business transformation plan, Hywin is undertaking a structural reorganization plan, which includes elimination of certain positions and aggressive cost saving measures, including the redundancy of approximately 300 middle- and back-office employees.
  • While the Company believes its strategic business transformation plan will open up opportunities for a “New Hywin” and bring about sustainable growth in the long run, it cautions investors about the risks associated with investing in the Company’s American Depositary Shares.

Tonghai Securities Obtains Approval from SFC, Becomes One of the Pioneers to Provide Virtual Asset Related Services in Hong Kong

Retrieved on: 
Monday, March 13, 2023

HONG KONG, Mar 13, 2023 - (ACN Newswire) - China Tonghai International Financial Limited (Stock Code: 00952.HK) is pleased to announce that its wholly owned subsidiary China Tonghai Securities Limited ("Tonghai Securities" or "the Company") is now one of the first full-fledged brokerage firms in Hong Kong to provide virtual asset ("VA") dealing and advisory services to the professional investors.

Key Points: 
  • HONG KONG, Mar 13, 2023 - (ACN Newswire) - China Tonghai International Financial Limited (Stock Code: 00952.HK) is pleased to announce that its wholly owned subsidiary China Tonghai Securities Limited ("Tonghai Securities" or "the Company") is now one of the first full-fledged brokerage firms in Hong Kong to provide virtual asset ("VA") dealing and advisory services to the professional investors.
  • Tonghai Securities has been licensed by the Securities and Futures Commission (SFC) to conduct Type 1 (dealing in securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities.
  • Mr. Calvin Chiu, Deputy Chief Executive Officer of Tonghai Securities says, "In recent years, VA have been undergoing rapid development.
  • Effectivesupervision is essential to promote investor confidence as well as to support a healthy and long-term development of the industry.

DL Holdings Announces 2022 Interim Results

Retrieved on: 
Thursday, December 1, 2022

HONG KONG, Nov. 30, 2022 /PRNewswire/ -- DL Holdings Group Limited ("DL Holdings" or the "Company" and its subsidiaries (together, the "Group"), Stock Code: 1709.HK) is pleased to announce its unaudited consolidated interim results for the six months ended 30 September 2022 (the "1H FY2022").

Key Points: 
  • HONG KONG, Nov. 30, 2022 /PRNewswire/ --DL Holdings Group Limited ("DL Holdings" or the "Company" and its subsidiaries (together, the "Group"), Stock Code: 1709.HK) is pleased to announce its unaudited consolidated interim results for the six months ended 30 September 2022 (the "1H FY2022").
  • It will facilitate DL Holdings' wealth management and impact investment pipeline in Singapore and North American markets, and expand its asset management scale and business scope.
  • DL Holdings (1709.HK) also holds a Singapore RFMC fund license, a Cayman Islands SIBL fund license and owns more than 18 Hong Kong limited partnership funds (LPF) for investing Private Equity.
  • This press release is issued by Joint PR Consultants Limited on behalf of DL Holdings Group Limited.

Lion Announces Hong Kong Virtual Asset Trading Platform License Application, to Strengthen Digital Business Footprint

Retrieved on: 
Thursday, November 17, 2022

Presently, Hong Kong is establishing a standardized global virtual asset (VA) trading market.

Key Points: 
  • Presently, Hong Kong is establishing a standardized global virtual asset (VA) trading market.
  • Lion remains focused on cultivation in Hong Kong and Singapore, which are both global financial centers and also competing global virtual asset hubs.
  • The Group's VATP license application in Hong Kong will enable Lion Group to further expand in the fintech sector and opens new revenue opportunities.
  • "After successfully obtaining the SFC Type 7 VA trading license from the Hong Kong SFC, Lion will meet the relevant compliance requirements making it eligible as a VATP.

GTJAI Successfully Launched "China Funds Festival" Live Broadcast

Retrieved on: 
Thursday, October 27, 2022

Mr. GAN Tian, Chief Executive Officer of ChinaAMC Funds (Hong Kong), said, "in recent years, the international environment has been turbulent.

Key Points: 
  • Mr. GAN Tian, Chief Executive Officer of ChinaAMC Funds (Hong Kong), said, "in recent years, the international environment has been turbulent.
  • Nevertheless, ChinaAMC Funds (Hong Kong) has been able to seize opportunities and launch innovative products despite the complex environment.
  • CSOP's team consists of nearly 80 professionals and clients around the world include sovereign wealth funds, pension/retirement funds, insurance companies, family offices, and banks.
  • E Fund possesses provision of asset management services including China mutual funds, social security funds, pension insurance funds, corporate pension funds, segregated accounts, QDII, and for global investors: QFII, RQFII.

HashKey Capital Limited Secures SFC's Consent to Manage 100% Virtual Asset Portfolio

Retrieved on: 
Tuesday, September 13, 2022

HashKey Capital Limited is part of HashKey Capital , the investment arm of the HashKey Group and one of the leading crypto-native asset managers in Asia.

Key Points: 
  • HashKey Capital Limited is part of HashKey Capital , the investment arm of the HashKey Group and one of the leading crypto-native asset managers in Asia.
  • HashKey Capital or its affiliates serve as general partners in managing investment funds focusing on digital assets and the blockchain ecosystem.
  • Following the uplift, HashKey Capital Limited will be allowed to manage funds exclusively investing in virtual assets in compliance with the SFC's regulations, joining the first batch of Hong Kong's few licensed virtual asset managers.
  • HashKey Capital is an asset manager investing exclusively in blockchain technology and digital assets, managing over US$1 billion in client assets since its inception.

DL Holdings to cooperate with Harvest Global Capital Investments to expand capital market investment business

Retrieved on: 
Saturday, April 30, 2022

HONG KONG, April 30, 2022 /PRNewswire/ -- DL Holdings announced on April 29 that the company signed an agreement with Harvest Global Capital Investments Limited (HGCI) to reach a strategic partnership.

Key Points: 
  • HONG KONG, April 30, 2022 /PRNewswire/ -- DL Holdings announced on April 29 that the company signed an agreement with Harvest Global Capital Investments Limited (HGCI) to reach a strategic partnership.
  • Joseph Lang, executive director of DL Holdings group and CEO of DL Securities, said that "DL Holdings is a listed company that provides one-stop financial services for high-net-worth clients in Asia.
  • With rich experience, professional team, good reputation and strict risk control, DL Holdings provides HGCI with excellent capital market investment opportunities and post investment management services.
  • Harvest Global Capital Investments 's comprehensive investment and research coverage can also provide DL Holdings with competitive and unique market information and views.

Fore Elite Capital Management Limited approved to issue 100% virtual asset funds

Retrieved on: 
Thursday, March 3, 2022

HONG KONG, March 2, 2022 /PRNewswire/ -- Fore Elite Capital Management Limited ("Fore Elite") gladly announced that it has successfully obtained the approval of the Hong Kong Securities and Futures Commission (the "SFC") on January 18, 2022, which allows Fore Elite to manage and distribute 100% virtual asset funds under the SFC's "Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets" ("T&C").

Key Points: 
  • HONG KONG, March 2, 2022 /PRNewswire/ -- Fore Elite Capital Management Limited ("Fore Elite") gladly announced that it has successfully obtained the approval of the Hong Kong Securities and Futures Commission (the "SFC") on January 18, 2022, which allows Fore Elite to manage and distribute 100% virtual asset funds under the SFC's "Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets" ("T&C").
  • It makes Fore Elite the fourth virtual asset management company approved by the Hong Kong SFC.
  • The company is also one of the few approved to issue multi-strategy virtual asset funds in Asia.
  • Meanwhile, Fore Elite (February 28, 2022) closed 100 million USD seed funding from the Founder and CEO of Fore Elite, Mr Ejoe Ye and Huobi Group.

Bin Yuan Capital Becomes First Signatory of Net Zero Asset Manager Initiative in China

Retrieved on: 
Thursday, November 18, 2021

Bin Yuan Capital has fully incorporated ESG factors across its investment portfolios since it was formed by the ex-GE Asset Management Team in China in 2012.

Key Points: 
  • Bin Yuan Capital has fully incorporated ESG factors across its investment portfolios since it was formed by the ex-GE Asset Management Team in China in 2012.
  • As a Climate Action 100+ investor, Bin Yuan Capital is responsible for direct engagements with focus companies, individually and collaboratively.
  • Bin Yuan Capital is an asset management company specialised in investing in Chinese public listed equities.
  • In the same year, Bin Yuan was recognised as the Asset Manager under Asset Management Association of China ("AMAC") in August.