BEIJING, Jan. 28, 2015 /PRNewswire/ -- China Finance
Online Co. Limited ("China Finance Online", "we" or the "Company")
(NASDAQ GS: JRJC), a leading web-based financial services company
that provides Chinese retail investors with access to securities,
commodities and wealth management products, today announced that
the Company has launched securities services in Hong Kong, which enables Chinese investors to
open trading accounts to trade in real-time, Hong Kong securities, including all stocks
listed on Hong Kong exchanges.
Our Hong Kong securities
service is integrated into the Company's one-stop platform,
Securities Master, which allows Chinese individual investors
to trade online while having access to financial information and
analytics, investment advisory service and wealth management
products.
"The launch of our Hong Kong
securities service is an important milestone to create a one-stop
platform for multiple financial products in global securities
markets," said Mr. Zhao, Chairman
and CEO of the Company. "China
Finance Online is committed to providing an ecosystem for our users to
allocate assets and to invest across markets and countries."
About China Finance Online
China Finance Online Co. Limited is a leading web-based
financial services company in China. The company provides Chinese retail
investors with online access to securities, commodities and wealth
management products, as well as financial database and analytics
services to institutional customers. The Company's two prominent
flagship portal sites, www.jrj.com and www.stockstar.com, are
ranked among the top financial websites in China. In addition to the web-based securities
trading platform, the Company offers basic financial software,
information services and securities investment advisory services to
retail investors in China. Through
its subsidiary, Shenzhen Genius Information Technology Co., Ltd.,
the Company provides financial database and analytics to
institutional customers including domestic financial, research,
academic and regulatory institutions. China Finance Online also
provides brokerage services in Hong
Kong. For more information, please visit
http://www.chinafinanceonline.com/.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates" and similar
statements. Among other things, this release contains the following
forward-looking statements regarding:
- our prospect on our newly-launched Hong Kong securities service and its
integration with our platform, Securities Master
- our prospect on attracting investors to use our Hong Kong securities service and our
Securities Master platform; and
- the market prospect of the business of internet and mobile
finance.
Such statements involve certain risks and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements, which risks and uncertainties include,
among others, the following:
- the changing customer needs and demands, regulatory environment
and market condition that we are subject to;
- the uneven condition of the world and Chinese economy that
could lead to volatility in the equity markets and affect our
operating results in the coming quarters;
- the impact of the changing conditions of the Chinese stock
market, Hong Kong stock market and
global financial market on our future performance;
- the prospect for China's
high-net-worth and middle-class households;
- the prospect of equipping our customer specialists with new
technology, tools and financial knowledge;
- the competition we are facing in the new business of internet
finance and online securities trading;
- wavering investor confidence that could impact our business;
and
- possible non-cash goodwill, intangible assets and investment
impairment may adversely affect our net income.
Further information regarding these and other risks is included
in the Company's filings with the U.S. Securities and Exchange
Commission, including its annual report on Form 20-F under
"Forward-Looking Information" and "Risk Factors." The Company does
not undertake any obligation to update any forward-looking
statement as a result of new information, future events or
otherwise, except as required under applicable law.
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visit:http://www.prnewswire.com/news-releases/china-finance-online-launches-hong-kong-securities-services-300026975.html
SOURCE China Finance Online Co. Limited