Financial Technology
X Financial Announces US$48.7 Million Share Repurchase from Major Shareholder
SHENZHEN, China, Dec. 19, 2024 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading online personal finance company inChina, today announced that it has entered into a repurchase agreement with a major shareholder onDecember 16, 2024, pursuant to which the Company will repur...
OneConnect Announces Extraordinary General Meeting Results
SHENZHEN, China, Dec. 18, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for the financial services industry in China, today announced the results of its extraordinary general me...
Toss Securities Publishes 2025 U.S. Investment Outlook
* Toss Securities continues to see compelling opportunities in U.S. equities in 2025 * Market corrections in the summer could provide attractive entry points * Opportunities in Financials, Energy, Consumers and AI benefiting from Trump policies and corporate investment SEOUL, South Korea, De...
Huber Management Reports Notable Rise in Client Retention Rate to 82% for 2024, Surpassing Industry Benchmarks
VANCOUVER, BC, Dec. 17, 2024 /PRNewswire/ -- Huber Management, a leading Canada andBahamas-based investment and wealth management firm, is pleased to report a significant achievement in its client retention rate, which has risen to 82% for the fiscal year 2024. This improvement not only highlight...
MMTEC, Inc. Announces 1-for-8 Reverse Stock Split
HONG KONG, Dec. 12, 2024 /PRNewswire/ -- MMTEC, Inc. ("MMTEC" or the "Company") (Nasdaq: MTC) reported that it expects to implement a 1-for-8 reverse stock split on its common stock. The effective date is scheduled to beDecember 18, 2024, subject to the Company's satisfaction of Nasdaq Operations...
U Power and Major Shareholder Chatchaval Jiaravanon Outline Strategic Collaboration for 2025
Third-generation member of Thailand's Charoen Pokphand Group and Fortune magazine owner reinforces commitment to U Power's innovative EV battery solutions SHANGHAI, Dec. 9, 2024 /PRNewswire/ -- U Power Limited (the "Company" or "U Power"), today announced a strategic meeting between CEO Jia Li a...
Noah Showcases Global Expansion and Investment Product Leadership at 2024 Corporate Open Day
* Accelerating global expansion into emerging markets with new brands * Global investment allocation strategies and expanded product offerings drive long-term value for clients * Expanding comprehensive service matrix to address evolving client needs globally SHANGHAI, Dec. 9, 2024 /PRNewswi...
XChange TEC.INC RECEIVES NASDAQ NOTICE OF REGAINING COMPLIANCE
SHANGHAI, Nov. 29, 2024 /PRNewswire/ -- XChange TEC.INC (NASDAQ: XHG) (the "Company"), today announced that it has received a notice (the "Compliance Notice") from The Nasdaq Stock Market LLC ("Nasdaq") datedNovember 26, 2024 stating that the Company has regained compliance with the requirement t...
Fintica AI and Legend Arb of Hong Kong Announce Strategic Investment and Partnership
HONG KONG, Nov. 27, 2024 /PRNewswire/ -- Fintica AI Ltd, a leading innovator in next-generation AI solutions for capital markets, and Legend Arb Trading Limited, aHong Kong-based proprietary trading firm with a global footprint across major financial hubs such asShanghai, Taiwan, and Singapore, h...
X Financial Reports Third Quarter 2024 Unaudited Financial Results
SHENZHEN, China, Nov. 26, 2024 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading online personal finance company inChina, today announced its unaudited financial results for the third quarter endedSeptember 30, 2024. Third Quarter 2024 Operational Highlights Three Mont...
W Straits Limited and Global Lights Acquisition Corp. Announce Letter of Intent for a Business Combination
NEW YORK, Nov. 22, 2024 /PRNewswire/ -- W Straits Limited ("W Straits"), a leading international fintech company, and Global Lights Acquisition Corp. ("GLAC") (NASDAQ: GLAC, GLACR and GLACU), a special purpose acquisition company whose securities are currently listed on The Nasdaq Stock Market LL...
CLPS Incorporation Appoints Ms. Sarah Wu as Non-Executive Director of QCC to Drive Strategic Growth in Credit Card Solutions
HONG KONG, Nov. 22, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced the appointment of Ms.Sarah Wu as a Non-Executive Director of Qinson Credit Card Services Limited("QCC"), a wholly-owned subsidiary of CLPS. QCC provides fintech services with a f...
X Financial to Hold Annual General Meeting on December 20, 2024
SHENZHEN, China, Nov. 22, 2024 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading online personal finance company inChina, today announced it will hold its 2024 annual general meeting of shareholders at 7/F – 8/F, Block A, Aerospace Science and Technology Plaza, No. 168 Ha...
Changes in Board and Committee Composition
SHANGHAI, Nov. 22, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners inChina, today announced that (i) Mr. Gregory Dean Gibb has retired from his roles as an executive director and the co-chi...
Yiren Digital Reports Third Quarter 2024 Financial Results
BEIJING, Nov. 20, 2024 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-powered platform providing a comprehensive suite of financial and lifestyle services inChina, today announced its unaudited financial results for the quarter endedSeptember 30, 2024. ...
Toss Securities Launches Dedicated Research Center for Retail Investors Focusing on US Stock Markets
* Aims to deliver high-quality reports accessible to all Toss Securities users as a means to empower retail investors to invest in global capital markets * The Center's initiation report analyzes benefits of widening portfolio into US equities and investing in dollar assets * Next report them...
Yiren Digital Reports Third Quarter 2024 Financial Results
BEIJING, Nov. 20, 2024 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-powered platform providing a comprehensive suite of financial and lifestyle services inChina, today announced its unaudited financial results for the quarter endedSeptember 30, 2024. ...
X Financial to Report Third Quarter 2024 Financial Results on November 27, 2024
SHENZHEN, China, Nov. 19, 2024 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company"), a leading online personal finance company inChina, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2024, before the open of U.S. markets on Wednesd...
Wealth Broker: The One-stop Wealth Management Platform Trusted by Investors
SINGAPORE, Nov. 19, 2024 /PRNewswire/ -- Wealth Broker's brokerage app has undergone a major technical upgrade in the third quarter of this year, enhancing compliance and user service experience. Based in Singapore, Wealth Broker has further established its roots and is steadily advancing its gl...
FinVolution Group Reports Third Quarter 2024 Unaudited Financial Results
-Third Quarter Total Transaction Volume reached RMB52.2 billion, up 1.8% year-over-year- -Third Quarter International Transaction Volume reached RMB2.7 billion, up 22.7% year-over-year- -Third Quarter International Revenues increased to RMB635.5 million, up 8.7% year-over-year, contributing 19.4%...
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