Financial Services
Tencent Music Entertainment Group Announces $400 million Share Repurchase Program
SHENZHEN, China, Dec. 17, 2019 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music", "TME", or the "Company") (NYSE: TME), the leading online music entertainment platform inChina, today announced that its board of directors (the "Board") has authorized a share repurchase program und...
OneSmart Files Annual Report on Form 20-F for Fiscal Year 2019
SHANGHAI, Dec. 16, 2019 /PRNewswire/ -- OneSmart International Education Group Limited (NYSE: ONE) ("OneSmart" or the "Company"), a leading premium K-12 education company inChina, today announced that it filed its annual report on Form 20-F for the fiscal year endedAugust 31, 2019 with the Securi...
China Ceramics Announces Pricing of Registered Direct Public Offering
JINJIANG, China, Dec. 16, 2019 /PRNewswire/ -- China Ceramics Co., Ltd. (NASDAQ Capital Market: CCCL) (the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced that it has...
China TH Capital Honored as 'Best Venture Capital Deal' in FinanceAsia's Achievement Awards 2019
HONG KONG, Dec. 16, 2019 /PRNewswire/ -- FinanceAsia, an international authoritative media, announced the "Best Deals of 2019". China TH Capital, a leading investment bank inChina was awarded the "Best Venture Capital Deal" because of its extraordinary transaction ability in the$1.5 billion equit...
VolitionRx Limited Announces Strategic Acquisition
AUSTIN, Texas, Dec. 16, 2019 /PRNewswire/ -- VolitionRx Limited (NYSE AMERICAN: VNRX) ("Volition") today announced an agreement by its subsidiary Belgian Volition SPRL to acquire an epigenetic reagent company, Octamer GmbH ("Octamer"), for approximately$725,000 consisting of cash and shares of r...
China Rapid Finance Reports 2019 Unaudited Financial Results for the Six and Nine Months Ended June 30 and September 30, 2019
SHANGHAI, Dec. 16, 2019 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) ("XRF" or "the Company"), one ofChina's leading Fintech companies, today reported its unaudited financial results for the six and nine months endedJune 30, 2019 and September 30, 2019, respectively. Dr. Zane Wang, Fo...
Qudian Inc. Announces Letter of Intent to Lock up Guosheng Investment Limited and Appointment of Mr. Yingming Li to Board of Directors
XIAMEN, China, Dec 16, 2019 /PRNewswire/ -- Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading technology platform empowering the enhancement of online consumer finance experience inChina, today announced that Guosheng ( Hong Kong) Investment Limited ("Guosheng") has entered into a non-...
Weidai Ltd. to Hold Annual General Meeting on December 27, 2019
HANGZHOU, China, Dec. 16, 2019 /PRNewswire/ -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced that it will hold its annual general meeting of shareholders at 50/F, West Building, Fortune Finance Center, No. 33 Jiefan...
Jupai to Hold 2019 Annual General Meeting on December 24, 2019
SHANGHAI, Dec. 16, 2019 /PRNewswire/ -- Jupai Holdings Limited ("Jupai" or the "Company") (NYSE: JP), a leading third-party wealth management service provider focusing on distributing wealth management products and providing quality product advisory services to high-net-worth individuals in China...
FinVolution Group Announces Strategic Investment and Partnership with Fujian Haixia Bank
SHANGHAI, Dec. 16, 2019 /PRNewswire/ – FinVolution Group (formerly known as "PPDAI," or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced the completion of an equity investment inFujian Haixia Bank ("FHB"). Pursuant to the share purchase agreement, FinVolution Gro...
Bat Group Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued Listing and Plans to Start New Business
BEIJING, Dec. 13, 2019 /PRNewswire/ -- Bat Group, Inc. (Nasdaq: GLG) (the " Company"), is pleased to announce that it has regained compliance with Nasdaq's minimum bid price requirement. On December 11, 2019, the Company received a written notification from the Nasdaq Stock Market Listing Qualifi...
Pingtan Marine Enterprise to Hold Annual General Meeting of Members on December 18, 2019
FUZHOU, China, Dec. 13, 2019 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a global fishing company based in the People's Republic of China (PRC), today announced that the Company will hold its Annual General Meeting of Members onDecember 18, 2019 at ...
Sogou Vocational Avatar Taps into Contemporary Art at Guangzhou Exhibition
BEIJING, Dec. 13, 2019 /PRNewswire/ -- Sogou Inc. (NYSE: SOGO) ("Sogou" or "the Company"), an innovator in search and a leader inChina's internet industry, today showcased the first application of its proprietary Vocational Avatar "Yanny" in the field of contemporary arts. At an exhibition titled...
Weidai Ltd. Works on Applying for Online Microcredit Company License
HANGZHOU, China, Dec. 12, 2019 /PRNewswire/ -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced that it is working on applying for an online microcredit company license inChina, in an effort to further diversify its bu...
OneConnect wins prestigious award at the 2019 Kotler Future Marketing Summit for its outstanding global marketing efforts
SINGAPORE and BEIJING, Dec. 11, 2019 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd (OneConnect), an associate company of Ping An Group, won the "Kotler New Marketing Year Successful Overseas Marketing Award" at the prestigious "2019 Kotler Future Marketing Summit" held inBeijing on 12 ...
Tencent's insurance platform WeSure celebrates its 2nd anniversary; 55 million users within WeChat ecosystem
SHENZHEN, China, Dec. 12, 2019 /PRNewswire/ -- WeSure, Tencent's insurance platform celebrated its second anniversary with an event themed Tech for Social Good, Insurance for Everyone inBeijing on November 28. WeSure released its operational results for the last two years. WeSure now boasts a use...
Acorn International Reports Financial Results for the Third Quarter of 2019, Declares Quarterly Dividend
SHANGHAI, Dec. 11, 2019 /PRNewswire/ -- Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company"), a leading marketing and branding company inChina, today announced its preliminary unaudited financial results for the quarter and nine months endedSeptember 30, 2019. Third Quarter 2019 Fina...
Cango Inc. Named in EqualOcean's Rankings for Top 20 Most Innovative Automotive Fintech and Service Providers Worldwide in 2019
BEIJING, Dec. 11, 2019 /PRNewswire/ -- Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, has been named to the list for the Top 20 Most Innovative Automotive Fintech and Service Providers Worldwide in 2019. Conducted by EqualOcean and ...
Renren Announces Plan to Implement ADS Ratio Change
BEIJING, Dec. 11, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a leading premium used auto business inChina through its subsidiary Kaixin Auto Holdings (NASDAQ: KXIN) as well as several U.S.-based SaaS businesses, today announced that it plans to chang...
TradingView Launches Top Brokers Product to Increase Financial Transparency and Accountability
NEW YORK, Dec. 11, 2019 /PRNewswire/ -- TradingView
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