BEIJING, Jan. 6, 2017 /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 and commodities trading services, wealth
management products, investment advisory services, as well as
financial database and analytics services to institutional
customers, today announced that its subsidiary Rifa Securities
(www.rffg.com.hk) had been awarded as one of Best Hong Kong
Brokerage Firms and as the Best Hong Kong Securities Brokerage Firm
for Investor Education of year 2016, further demonstrating its
elite status among Hong Kong
securities brokerage firms.
Tencent recently released its 2016
annual voting results with awards in different categories of
Hong Kong securities brokerage
firms. Rifa Securities was awarded as one of Best Hong Kong
Securities Brokerage Firms of year 2016, together with other nine
financial services powerhouses, including Bank of China (International), Bank of Communications
(International), and EverBright Securities. In addition, due to its
industry-leading services, Rifa Securities was also the sole winner
of the Best Hong Kong Securities Brokerage Firm for Investor
Education Award.
Mr. Zhiwei Zhao, Chairman and CEO
of China Finance Online, commented, "These awards are now being
added into the many other accolades we amassed over the years, all
of which demonstrate the high recognition by the market and our
customers. Over the past 45 years in Hong
Kong, Rifa Securities has established a decent reputation
through its ongoing dedication to high-quality operational
professionalism, profound market knowledge, advanced trading
platform and excellent customer services. We believe that, together
with our subsidiary Rifa Securities, our tenacity in building the
one-stop investment and wealth management gateway for retail
investors will continue to bear fruit and create synergies among
all of our business units."
About China Finance Online
China Finance Online Co. Limited is a leading web-based
financial services company that provides Chinese retail investors
with online access to securities and commodities trading services,
wealth management products, securities investment advisory
services, as well as financial database and analytics services to
institutional customers. The Company's prominent flagship portal
site, www.jrj.com, is 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.
Safe Harbor Statement
This press release contains forward-looking statements which
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. The statements contained herein reflect management's current
views with respect to future events and financial performance.
These forward-looking statements are subject to certain risks and
uncertainties that could cause the actual results to differ
materially from those in the forward-looking statements, all of
which are difficult to predict and many of which are beyond the
control of the Company. 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 and our ability to attract new users;
- our prospect on building a comprehensive wealth management
ecosystem through providing a fully-integrated online communication
and securities-trading platform;
- our prospect on stabilization in cash attrition and improvement
of our financial position;
- our initiatives to address customers' demand for intuitive
online investment platforms and alternative investment
opportunities; and
- the market prospect of the business of securities-trading,
securities investment advisory and wealth management.
Such statements involve certain risks and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements, which risk factors and uncertainties
include, amongst others, the changing customer needs, 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 mainland Chinese stock market, Hong
Kong stock market and global financial market on our future
performance; the unpredictability of our strategic transformation
and growth of new businesses, including our commodities brokerage
services; the prospect of our margin-related business and the
degree to which our implementation of margin account screening and
ongoing monitoring will yield successful outcome; the degree to
which our strategic collaborations with partners will yield
successful outcome; 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; 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.
For more information, please contact:
China Finance Online
+86-10-8336-3100
ir@jrj.com
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SOURCE China Finance Online