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Chinese wealth manager begins international expansion


Following acquisition of a Hong Kong-based firm
Beijing-headquartered Puhui Wealth Management will formally initiate an international development strategy beginning with expansion in the Hong Kong market.
The plan comes after it acquired Hong Kong-based Granville Financial Services in December 2019. Granville offers services in securities, futures and asset management. With the acquisition, Puhui now holds SFC licences for dealing in securities (Type 1), dealing in futures contracts (Type 2) and asset management (Type 9).
Founded in 2013, Puhui Wealth is a third-party wealth management service provider targeting high net worth individuals and private clients. In December 2018, the firm’s ordinary shares were listed and began trading on the Nasdaq Capital Market. ....

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Puhui Investments Announces Successful Initial Public Offering of Two Healthcare Industry Investments


Puhui Investments Announces Successful Initial Public Offering of Two Healthcare Industry Investments
Healthcare Industry Investments to be an Increasing Focus of the Company in 2021
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BEIJING, Jan. 19, 2021 /PRNewswire/
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. ....

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Detailed text transcripts for TV channel - MSNBC - 20111104:20:08:00

Legal to give the greeks this kind of leverage. well, look at the swaps market. the swaps market is anywhere between $300 billion and $600 billion trillion! trillion, trillion dollars. and the whole global economy, you know, its capital value, is not that much. it s a fraction of that much. which means if rhode island fails, just the swaps on rhode island s debt is enough to take down the entire u.s. banking system and ripple across the pond. and that s exactly the problem. greece is like rhode island failing. that s the interconnectedness, and that s why you need not just financial reform in this country, but financial reform that has a global reach. absolutely. one idea that has been proposed, or at least has been bandied about, for a long time, is to push the swaps market, where a lot of this risk is hidden, on to exchanges. we have our commodity on exchanges, we have our stocks on exchanges. we trade pretty much everything in at least some sort of clearing market, inc ....

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