RMIHere’s Why China Finance Online Has Actually Increased 500 % Because In 2013
Although nowhere near its peak of $39, which it achieved prior to the monetary crisis, China Finance Online Co. (JRJC) has risen even more than 500 % in the last twelve months and is trading above $10 today.
China Finance Online provides vertically-integrated financial services that consist of information and brokerage services through internet portals. It has subscription-based services that supply a broad range of data imperatives to Chinese people for making trading decisions.
The main motorist behind the stock cost boost is the intro of it new item, Zhengquantong, the first-of-its-kind web-based securities-trading platform in China. Zhengquantong (Securities Master) is the outcome of a strategic partnership in between CITIC Securities Co, Ltd and China Finance Online. CITIC is the biggest brokerage in China, and will provide trading and settlement services for Securities Master.
Securities Master will present many facilities that have already been readily available in the West for rather a long time. These consist of trading from ones smartphone along with access to advisory reports and study reports, all on a single platform.
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