US STOCKS
FUNDS
FX & CRYPTO
SH/SZ-HK
HK STOCKS
 
 
 
 
 
 
To-be Listed
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
S.F. Holding
06936.HK
Air Freight & Logistics 32.3-36.3 200 N/A 2024/11/22 2024/11/26 2024/11/27
Jiuyuan Gene
02566.HK
Biotechnology - Medical Devices 11.48-12.56 200 N/A 2024/11/25 2024/11/27 2024/11/28
Mokingran
02585.HK
Watch & Jewellery 12-14.4 200 N/A 2024/11/26 2024/11/28 2024/11/29
Summary
We are an online investment decision-making solution provider in China with a focus on the provision of education services and financial information software services in the online investor content service market. We offer online investor content services, including online high-end investor education services and online financial literacy education services, and financial information software services to help individual investors better understand the financial market and make investment decisions, instead of providing investment or stock recommendations. According to Frost & Sullivan, with total gross billing of RMB2,001.2 million and a market share of 5.9% in 2021, we were the second largest online investment decision-making solution provider in China. With gross billing of RMB1,390.7 million from our online high-end investor education services and online financial literacy education services and a market share of 11.2% in 2021, we were the largest online investor content service provider in China, according to the same source.

We launched our business to equip investors with financial knowledge and market experience via an investor education system and investment decision-making solution services. Since our inception, we have continuously enhanced our experience, knowledge and technology and have become a comprehensive, user-oriented, and internet-based investment decision-making solution provider. Our tailored and diverse offerings, ranging from basic wealth management knowledge to advanced investment practicing skills, addresses the distinctive investment decision-making needs of individual investors at all levels of investment experience. During the Track Record Period, we generated revenue from the following three offerings:

Online high-end investor education services:
We started to provide online high-end investor education services in 2018. Online high-end investor education service typically refers to recorded videos or online live streaming courses delivering comprehensive trainings and classes to help investors form solid financial knowledge base. In line with industry practice, our online high-end investor education services provide comprehensive education curricula and internet-based professional investment decision-making solution services for the mass affluent class in China, i.e., individual investors with a balance of investible securities equal to or above RMB300,000. Our services are primarily delivered in the form of pre-recorded online courses, livestreaming broadcasts, express market reviews, as well as various premium services such as one-on-one advisory services. We mainly provide our online high-end investor education services through SmartInvest Pro, our proprietary App with both mobile and PC versions. The gross billing of online high-end investor education services was RMB413.4 million, RMB1,026.2 million, RMB1,373.0 million, RMB1,043.2 million and RMB902.8 million, respectively, in 2019, 2020, 2021 and the ten months ended October 31, 2021 and 2022.

Financial information software services :
We launched financial information software services in 2021. Our financial information software services provide professional, timely and broad financial market related information, data analysis, and investment decision-making support to our customers with greater investment experience and more complex needs, expanding our customer base amongst more seasoned investors. We mainly provide our financial information software services through SmartInvest Info, our proprietary App with both mobile and PC versions. The gross billing of financial information software services was RMB610.5 million, RMB415.1 million and RMB608.7 million in 2021 and the ten months ended October 31, 2021 and 2022, respectively.

Online financial literacy education services:
We have been offering online financial literacy education services since December 2020. Our online financial literacy education services focus on providing financial knowledge and asset management skills for novice investors through SmartInvest Intro, our proprietary mobile App. However, we switched our focus from online financial literacy education services to the other two offerings since 2022 as we believe the target customers of online financial literacy education services were more hesitant to make purchase due to the general slowdown in economic conditions, volatility in the capital markets as well as the general negative impact of the COVID-19 pandemic, and the gross billing of online financial literacy education services was RMB0.05 million, RMB17.7 million, RMB17.1 million and RMB0.008 million, respectively, in 2020, 2021 and the ten months ended October 31, 2021 and 2022, which contributed less than 0.1%, 0.9%, 1.2% and less than 0.1% of our total gross billing during the same periods.



Source: JF Wealth (09636) Prospectus (IPO Date : 2023/02/28)
Listing Market MAIN
Industry Education Services
Background Others
Major Business Area N/A
Corporate Information
Substantial Shareholders CHEN Wenbin (31.36%)
YAN Ming (17.41%)
CHEN Ning Feng (16.73%)
The Core Trust Company Limited (6.34%)
Directors CHEN Wenbin (Chairman and Chief Executive Officer and Executive Director)
CHEN Jigeng (Chief Executive Officer and Executive Director)
ZHANG Peihong (Executive Director)
CHEN Ning Feng (Non-Executive Director)
YAN Ming (Non-Executive Director)
FAN Yonghong (Independent Non-Executive Director)
TIAN Shu (Independent Non-Executive Director)
ZHAO Guoqing (Independent Non-Executive Director)
Company Secretary LEUNG Wing Han Sharon
TAO Qitao
Principal Bankers Ping An Bank
CMB Wing Lung Bank Limited
Solicitors Clifford Chance
Auditors KPMG
Registered Office Unit 2001, 20th Floor of Golden Centre, No. 188 Des Voeux Road Central, Hong Kong
Share Registrars Computershare Hong Kong Investor Services Ltd. [Tel: (852) 2862-8628]
Share Registrars Tel No (852) 2862-8628
Internet Address http://jfholdings.investorroom.com
Email Address ir@jfcf.com
Tel No
Fax No
 
SITEMAP
Email: support@aastocks.com
AASTOCKS.COM LIMITED (阿斯達克網絡信息有限公司) All rights reserved.
Disclaimer
You expressly agree that the use of this app/website is at your sole risk.

AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd, Nasdaq, Inc., their respective holding companies and/or any subsidiaries of such holding companies, their Sources and/or other third party data provider(s) endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co.Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) make any express or implied offers, representations or warranties (including, without limitation, any warranty or merchantability or fitness for a particular purpose or use) regarding the Information.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) will be liable to any Subscriber or any other party for any interruption, inaccuracy, error, or omission, regardless of cause, in the Information or for any damages (whether direct or indirect, consequential, punitive, or exemplary) resulting from its use by any party.

AASTOCKS.com Limited shall not be liable for any failure or delay in performance of its obligations under this Disclaimer because of circumstances beyond its reasonable control, including but without limitation, acts of God, typhoons, rainstorms, other natural disasters, government restrictions, strikes, wars, virus outbreak, network failures or telecommunications failures.

Morningstar Disclaimer: Copyright © 2020 Morningstar, Inc. All Rights Reserved. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and Morningstar’s third party licensors; (2) may not be copied or redistributed except as specifically authorised; (3) do not constitute investment advice; (4) are provided solely for informational purposes; and (5) are not warranted to be complete, accurate or timely. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

The information and contents contained in this app/website are based on the analyses and interpretations of publicly available information obtained from sources believed to be reliable. Such analyses and information have not been independently verified and AASTOCKS.com Limited makes no guarantees to their accuracy, completeness, timeliness or correctness.

The information, financial market data, quotes, charts, statistics, exchange rate, news, research, analysis, buy and sell ratings, Education Center and other information on this app/website should be used as references only at your own discretion. Prior to the execution of a security or any other trade based upon the Information, you are advised to consult independent professional advice to verify pricing information or to obtain more detailed market information. AASTOCKS.com Limited is not soliciting any subscriber or app/website visitor to execute any trade. Any trades executed following the said information, commentaries and/or buy/sell ratings on this app/website are taken at your own risk for your own account.

AASTOCKS.com Limited provides the information and services on an "AS IS" basis. The information and contents on this app/website are subject to change without notice. AASTOCKS.com Limited reserves the right, in its sole discretion but without any obligation, to make improvements to, or correct any error or omissions in any portion of this app/website at any time.

The subscriber or app/website visitor agrees not to reproduce, retransmit, disseminate, distribute, broadcast, publish, circulate, sell or commercially exploit the information and contents on this app/website in any manner without the express written consent of AASTOCKS.com Limited.

Investment involves risk. You may make use of the Education Center of this website for academic reference purposes at your own discretion. AASTOCKS.com Limited cannot and does not give any assurance that the present or future buy/sell commentaries and signals on this app/website will be profitable. AASTOCKS.com Limited cannot guarantee, and the subscriber or app/website visitor should not assume, that the future performance will equal past performance.

AASTOCKS.com Limited may point to other sites that may be of interest to the subscriber or app/website visitor but for which AASTOCKS.com Limited has no responsibility and only provides this as a service to the subscriber or app/website visitor.

AASTOCKS.com Limited does not represent or endorse the accuracy or reliability of any information, advertisements or contents contained on, distributed through, or linked, downloaded or accessed from any of the services on this app/website. AASTOCKS.com Limited cannot and does not guarantee the quality or reliability of any products or information purchased or obtained by you as a result of an advertisement or any other information displayed on this app/website.

AATV is a video platform owned by AASTOCKS.com Limited.

You acknowledge that: (i) AATV is provided for information purposes only and, in particular, is not intended for trading purposes; (ii) AATV does not and none of the information contained in its program constitutes a solicitation, offer, opinion, or recommendation by us to buy or sell any security, or to provide legal, tax, accounting, or investment advice or services whether or not regarding the profitability or suitability of any security or investment; and (iii) AATV is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation.

The financial analysis or opinion expressed in the AATV programs is for reference and discussion only, and does not represent AASTOCKS.com Limited. Investors must make their own investment decisions based on their own investment objectives and financial situation. AASTOCKS.com Limited shall not, directly or indirectly, be liable, in any way, to you or any other person for any: (i) inaccuracies or errors in or omissions from AATV including, but not limited to, quotes and financial data; (ii) delays, errors, or interruptions in the transmission or delivery of AATV; or (iii) loss or damage arising therefrom or occasioned thereby, or by any reason of nonperformance.

AASTOCKS.com Limited reserves the right to change this Disclaimer at any time by posting changes online at this app/website. You are responsible for reviewing regularly information posted therein to obtain timely notice of such changes. Your continued use of this app / website after changes are posted constitutes your acceptance of this Agreement as modified by the posted changes.

The disclaimer herein shall be governed by the law of the Hong Kong Special Administrative Region of the People's Republic of China ("Hong Kong") and you agree to submit to the exclusive jurisdiction of the Hong Kong courts.

In the event of any discrepancy between the Chinese and English versions, the English version shall prevail.

Last updated on 6 January 2023.