|Bid||3.7000 x 1000|
|Ask||4.4700 x 1200|
|Day's Range||3.8100 - 4.0139|
|52 Week Range||2.0300 - 9.1000|
|Beta (5Y Monthly)||-0.47|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 30, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
When you buy shares in a company, there is always a risk that the price drops to zero. But if you pick the right...
Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) ("Puhui" or the "Company"), a third-party wealth management service provider with a focus on wealth management services for high net worth ("HNW") individuals and corporate clients as well as asset management, today announced that two of the Company's portfolio investments successfully completed Initial Public Offerings (IPOs) on the Hong Kong Exchanges and Clearing Market ("HKEX"), including one in November 2019 and the other in October 2020.
Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) ("Puhui" or the "Company"), a third-party wealth management service provider with a focus on wealth management services for high net worth ("HNW") individuals and corporate clients as well as asset management, today announced the Company will formally initiate an international development strategy beginning with expansion in the Hong Kong market. The Company's goal is to maximize the benefits of holding Hong Kong securities licenses that it acquired as part of the acquisition of Granville Financial Services Company Ltd. ("Granville"), a registered Exchange Participant of The Stock Exchange of Hong Kong Ltd..Following the closing of the Granville acquisition and throughout 2020, Puhui has focused on expanding its wealth and asset management services to include international regions as a complement to its business in mainland China. Puhui holds Type 1 (Dealing in securities), Type 2 (Dealing in futures contracts) and Type 9 (Asset management) of regulated activities licenses from the Securities and Futures Commission through Granville, and has positioned the Company to take advantage of a burgeoning Hong Kong securities market on behalf of its investor clientele.