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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. ....
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 News provided by Share this article 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. ....