China Finance Online and China Investment Securities Sign Strategic Cooperation to Develop Intelligent Finance Technology to Empower Investment Advisory Services
BEIJING, December 15, 2017
China Finance Online Co. Limited, a leading web-based financial services company that provides Chinese retail investors with online access to securities trading services, wealth management products, investment advisory services, as well as financial database and analytics services to institutional customers, today announced the signing of a strategic cooperation agreement with a Top 20 leading brokerage firm in China, China Investment Securities Co., Ltd.
Pursuant to the strategic cooperation agreement, China Finance Online will provide CISC with China Finance Online’ s proprietary cloud-based software products for CISC’s investment advisory and wealth management services. In addition, both parties also agreed to hold co-branded events and co-developed training programs for CISC’s wealth management advisors.
Mr. Zhiwei Zhao, CEO and Chairman of China Finance Online commented, “We firmly believe that technology empowerment will unlock the potential of financial advisors and wealth management professionals for the large equity capital market in China. We are excited to partner with the three-time winner of Best Investment Advisor Services to raise the bar of the wealth management industry in China.”
China Investment Securities Co., Ltd. (CISC), formerly known as China Jianyin Investment Securities Co., Ltd., is a nationwide full-service investment bank and brokerage firm based in Shenzhen. Acquired in late 2016, CISC is a subsidiary of China International Capital Corporation. Established in 2005, CISC posted a total revenue of RMB 4.38 billion in 2016 with over 3,700 employees spread out in 28 provinces in China. In 2016, CISC’s total asset was ranked No. 19 in China. CISC was the winner of the “Best Investment Advisor Service Brand” by the Securities Times in three consecutive years from 2014 to 2016.
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 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.