Financial Services

Looking back on 2020, Timeless Investment overcame tough times and emerged to expand the Family Office despite difficulties faced

HONG KONG, Dec. 31, 2020 /PRNewswire/ -- The global start of 2020 is quite turbulent, trade frictions continue, globalization encounters a major crisis, and the global pandemic of the new crown epidemic has caused a cliff-like decline in the global economy. The depth of the economic crisis has su...

2020-12-31 10:34 3220

Modern Chinese Medicine Group Co., Ltd. to raise a maximum of approximately HK$221 million by way of Public Offer and Placing

Highlights * The Group principally engages in the production of proprietary Chinese medicine (the "PCM") in particular, and the Group offers both OTC and prescribed medicines intended for use by the Middle-aged and the Elderly in the PRC. * During the Track Record Period and up to 21 Decembe...

2020-12-30 23:38 15514

Xiaobai Maimai Announces the Closing of P2P Disposition Agreement

BEIJING, Dec. 30, 2020 /PRNewswire/ -- Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. ("Xiaobai Maimai", the "Company", or "we"), a social e-commerce platform inChina, today announced the closing of the assignment and assumption agreement datedDecember 16, 2020, by and among B...

2020-12-30 21:56 13416

Future Fintech Group Inc. Announces the Closing of $8 Million Registered Direct Offering

NEW YORK, Dec. 30, 2020 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a leading blockchain based e-commerce company and a service provider for financial technology, today announced that it closed the registered direct offering of 4,210,530 u...

2020-12-30 21:30 12819

Farmmi Receives Prestigious High-Quality Product Designation

LISHUI, China, Dec. 30, 2020 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier inChina, today announced it received the prestigious Ecological High-Quality Agricultural Product designation for its Lishui Shangeng branded black fungus and dri...

2020-12-30 20:00 12588

Euro Tech Holdings Company Limited Reports Interim Results For The Six Months Ended June 30, 2020

HONG KONG, Dec. 30, 2020 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported its unaudited financial results for the six months endedJune 30, 2020. The Company's net income for the six months ended June 30, 2020 ("1H 2020") was approximatelyUS$869,000 as compared to ...

2020-12-30 19:00 13237

Tarena Announces Appointment of Independent Financial Advisor and Legal Counsel to the Special Committee

BEIJING, Dec. 30, 2020 /PRNewswire/ -- Tarena International, Inc. (Nasdaq: TEDU) ("Tarena" or the "Company"), a leading provider of professional education and K-12 education services inChina, today announced that the special committee (the "Special Committee") of the Company's board of directors ...

2020-12-30 18:00 12688

Doo Prime Bahamas Limited Secured the Professional Indemnity (PI) Insurance

NASSAU, Bahamas, Dec. 30, 2020 /PRNewswire/ -- Doo Prime, an international pre-eminent online broker successfully secured a one-year professional indemnity (PI) insurance for Doo Prime Bahamas Limited, effectively from December 10, 2020. ...

2020-12-30 16:55 4714

BigBrainBank disrupts financial brokerage trading ecosystem with digital bank initiative

LONDON, Dec. 30, 2020 /PRNewswire/ -- BigBrainBank has stepped up a notch with the impending launch of BigBrainBank Digital Bank in the first quarter of 2021. Following the success of TheBrain AI Trade Strategies app which provides trade ideas based on artificial intelligence and machine learning...

2020-12-30 14:40 4577

Dada Group Included on Hurun's Top 500 Private Enterprises in China List

SHANGHAI, Dec. 29, 2020 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"),China's leading local on-demand delivery and retail platform, is pleased to announce the Company's inclusion on Hurun Research Institute's" China's Top 500 Private Enterprises in 2020" list, based on market...

2020-12-30 10:55 12681

DXY completes USD 500 million financing, to enhance its professional role in healthcare sector

HANGZHOU, China, Dec. 29, 2020 /PRNewswire/ -- On December 28, DXY, a leading digital healthcare technology company inChina, announced the completion of a USD 500 million financing. This financing was led by Trustbridge Partners, and followed byTencent Investment and GL Ventures. Li Tiantian, Fou...

2020-12-30 09:30 2109

China Finance Online Reports Third Quarter and First Nine Months of 2020 Unaudited Financial Results

BEIJING, Dec. 29, 2020 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese individual investors with fintech-powered online access to securities tra...

2020-12-30 06:00 13520

Global Infrastructure Partners Announces Acquisition Of MAP® Energy's Renewable Energy Business

NEW YORK, Dec. 30, 2020 /PRNewswire/ -- Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, today announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy (MAP®). GIP's fourth flagship fund, GIP IV, will acquire 100% of the MAP...

2020-12-30 00:28 2786

Taihecap Named Best Private Equity Adviser by Triple A Country Awards as First Primary Market Investment Bank Winner in 22 Years

BEIJING, Dec. 29, 2020 /PRNewswire/ -- The Asset, a leading Asian financial monthly, recently announced the winners of its Triple A Country Awards forChina . Taihecap won the Best Private Equity Adviser award for its best-in-class deal-making, research, and empowerment capabilities, becomingthe fi...

2020-12-29 21:02 2265

CLPS Incorporation Acquires Remaining Ownership Stake of Ridik to Further Advance Global Footprint

HONG KONG, Dec. 29, 2020 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced that, through its indirectly wholly owned subsidiary, CLPS Technology (Singapore) Pte. Ltd., it has acquired the remaining 20% ownership stake in Ridik Pte. Ltd. ("Ridik"), aSinga...

2020-12-29 21:00 13327

SOS Ltd. Announces Partnering with Zhonglu P&C Insurance

QINGDAO, China, Dec. 29, 2020 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced today that it entered into a strategic cooperation agreement with Zhonglu Property And Casualty Insurance Co, Ltd  ("Zhonglu ") to cooperate in the area of  big data precision marketing, insu...

2020-12-29 21:00 14235

25th Anniversary Activity of Hitachi Elevator: "Gratitude & Achievement"

GUANGZHOU, China, Dec. 29, 2020 /PRNewswire/ -- On December 25, Hitachi Elevator (China) Co., Ltd. (hereinafter referred to as the "Hitachi Elevator") celebrated its 25th anniversary. Trade associations, partners and related parties such as State-owned Assets Supervision and Administration Commis...

2020-12-29 17:32 4471

80% of Brits Have Been Spending Less This Christmas, Survey Finds

LONDON, Dec. 29, 2020 /PRNewswire/ -- Eighty percent of Brits have decreased their Christmas spending this year amid the COVID-19 pandemic, including 14 percent who stated they "won't be able to purchase anything," financial markets platform uk.Investing.com

2020-12-29 16:50 273

UnionPay International Partners with Solidarnost Bank and Huawei to Further Encourage Contactless Payment in Russia

MOSCOW, Dec. 29, 2020 /PRNewswire/ -- UnionPay International (UPI) today announces that UnionPay cardholders using their HUAWEI or HONOR smartphones with Solidarnost Bank can now make contactless payments with HUAWEI Pay inRussia . The cooperation is a strategic move from UPI that follows the surg...

2020-12-29 14:41 1984

JinkoSolar Announces Results of 2020 Annual General Meeting

SHANGRAO, China, Dec. 29, 2020 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), one of the largest and most innovative solar module manufacturers in the world, today announced that all shareholders resolutions proposed at the Company's 2020 annual general...

2020-12-29 13:00 15035

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