Financial Services
True North Financial invests $8 Million in China Rapid Finance
SHANGHAI, Dec. 24, 2019 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) ("XRF" or the "Company"), one ofChina's leading Fintech companies, today announced that True North Financial, LLC("TNF") will invest$8M in a private transaction for unregistered shares of the company's stock. On Dec...
Phoenix Finance Ranked in the "2019 KPMG China Fintech 50"
BEIJING, Dec. 24, 2019 /PRNewswire/ -- On December 23rd, KPMG officially announced the list of "2019 KPMG China Fintech 50" and held the awards ceremony for "2019 KPMG China Fintech 50" in Beijing. Phoenix Finance, a comprehensive intelligent financial service platform established by Phoenix TV G...
China Finance Online to Report Third Quarter and First Nine Months of 2019 Unaudited Financial Results on December 26, 2019
BEIJING, Dec. 24, 2019 /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 retail investors with online access to securities trading services, wealt...
LightInTheBox Announces Share Repurchase Program
BEIJING, Dec. 24, 2019 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce company that delivers products directly from manufacturers to its customers around the world, today announced that its board of directors (the "Board")...
ATU Partners Launches Asia's First esports Private Equity Fund
SEOUL, South Korea, Dec. 23, 2019 /PRNewswire/ -- ATU Partners ("ATU") has launchedAsia's first esports private equity fund, according to Jamie Park, CEO of ATU. The 'ATU esports Growth Fund' (the "Fund") seeks to invest in companies in the esports space. The Fund is the first of its kind in Asi...
360 Finance selected in KPMG China's Top 50 Fintech companies
BEIJING, Dec. 23, 2019 /PRNewswire/ -- KPMG China announced top 50 leading companies in Fintech, and 360 Finance,Inc., a leading digital consumer finance platform, awarded one of the top 50 companies of the year. KPMG China Leading 50 Fintech Companies is an authoritative list which is devoted t...
CLPS Incorporation Integrates Singapore Subsidiaries to Strengthen Business Development in Southeast Asia
SHANGHAI, Dec. 23, 2019 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), a leading information technology consulting and solutions service provider focusing on the banking, insurance, and financial sectors inChina and globally, today announced that it has recently comp...
MMTEC, Inc. Announces Half Year 2019 Unaudited Financial Results
BEIJING, Dec. 20, 2019 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), aChina based technology company that provides access to the U.S. financial markets, today announced its unaudited financial results for the six months endedJune 30, 2019. Second Half 2019 Su...
Hexindai Announces Strategic Cooperation with Entertainment Manufacturing International Culture Media Group Co. Limited to Develop Business
BEIJING, Dec. 20, 2019 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced that it has entered into a non-binding Memorandum of Understanding ("MOU") of intent toestablish a strategic cooperation with Ente...
Specialty Chemical Company China XD Plastics Announces Drawdown of US$135 million Loan Financing
HARBIN, China, Dec. 20, 2019 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD Plastics" or the "Company"), one ofChina's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive appli...
China (Guangdong) Pilot Free Trade Zone committed to a world-class business environment
GUANGZHOU, China, Dec. 20, 2019 /PRNewswire/ -- December 20, 2019, marks the 20th anniversary ofMacao's return to the motherland. Hengqin Area of Zhuhai, part ofChina (Guangdong) Pilot Free Trade Zone (GDFTZ), was established thanks to its neighboringMacao. Now with the most open system on the ma...
Youths celebrate the 20th anniversary of Macao's return to China with paeans to Macao-Zhuhai bond
ZHUHAI, China, Dec. 20, 2019 /PRNewswire/ -- December 20 marks the 20th anniversary ofMacao's return to China, and a flash mob event themed "Budding Zhuhai andMacao, Chasing Dreams in the Greater Bay Area" was held at places such as the Hengqin Port of Zhuhai, a city of the neighboringGuangdong P...
DouYu International Holdings Limited Announces Share Repurchase Program
WUHAN, China, Dec. 20, 2019 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform inChina and a pioneer in the eSports value chain, today announced that its board of directors has authorized a share repurchas...
New Oriental to Report Second Quarter 2020 Financial Results on January 20, 2019
BEIJING, Dec. 20, 2019 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services inChina, today announced that it will report its financial results for the second quarter endedNovember 30, 2...
22-Year-Old International Winter Fair Attracts Merchants from 32 Countries and Regions
HAIKOU, China, Dec. 20, 2019 /PRNewswire/ -- From December 12 to 16, China ( Hainan) International Tropical Agricultural Products Winter Trade Fair 2019 (hereinafter referred to as "the Winter Fair") was held inHainan, attracting 5,300 merchants from 32 countries and regions to seek business oppor...
Limeade Debuts on Australian Securities Exchange (ASX) with A$100M IPO
Enterprise SaaS company seeks to capitalize on global employee experience market opportunity SYDNEY and Bellevue, Washington, Dec. 20, 2019 /PRNewswire/ -- Limeade, an employee experience software company, announced it has raisedA$100 million (U.S. $68.75 million) with a market capitalization ope...
Kingold Jewelry Announces Results of 2019 Annual Meeting of Stockholders; Schedules Date of 2020 Annual Meeting of Stockholders
WUHAN, China, Dec. 19, 2019 /PRNewswire/ -- Kingold Jewelry, Inc. ("Kingold" or the "Company") (NASDAQ: KGJI),one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, today announced the results of its 2019 Annual Meeti...
Shenzhen signs projects worth RMB 560 billion as it promotes investment globally
SHENZHEN, China, Dec. 19, 2019 /PRNewswire/ -- Shenzhen Global Investment Promotion Conference 2019, hosted by the People's Government of Shenzhen and organized by such government entities as the Development and Reform Commission of Shenzhen Municipality, was held in the southern Chinese city on ...
Dunxin Financial Holdings Limited Reports Financial Results for the First Six Months of 2019
WUHAN, China, Dec. 19, 2019 /PRNewswire/ -- Dunxin Financial Holdings Limited ("Dunxin" or the "Company") (NYSE American: DXF), a leading licensed microfinance lender serving individuals and small and medium enterprises (SMEs) inHubei Province, China, today announced its unaudited financial resul...
Hexindai Receives NASDAQ Notification Regarding Minimum Bid Price Compliance
BEIJING, Dec. 19, 2019 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced that it received notification from NASDAQ Listing Qualifications ("NASDAQ") onDecember 16, 2019 that it is not in compliance with ...
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