Profile: China Finance Online Co Ltd (JRJC.OQ)
24 Mar 2017
China Finance Online Co. Limited, incorporated on November 2, 1998, is a Web-based financial services company in China. The Company provides Chinese retail investors with online access to securities and commodities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers. The Company operates through three segments: commodities brokerage services, online financial information and advisory service, and other related services in the People's Republic of China (PRC), and Hong Kong brokerage services. The Company offers 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.
Subscription Services and other Related Services in the People's Republic of China
The Company's subscription services and other businesses include its financial services business, financial information and advisory business, and advertising business. The Company offers securities trading platform, Securities Master (Zhengquantong). Its Yinglibao is an Internet-based financial platform that integrates cash management solutions and mutual fund distribution. The Company's investment advisory service platform, Investment Masters (iTougu), provides securities investment advisors and their clients a real-time communication channel. It also provides various Chinese individual investors access to securities investment advisors where they attain private investment advice from various investment advisors. The Investment Masters platform provides features, such as text and audio interactive messaging system for real-time broadcast, and questions and answers (Q&As) between investment advisors and their clients; daily market analytics, research reports and investment strategies for investment advisors; access to trade order placement with direct connection to the Company's Securities Masters platform, and client management system for investment advisors to view and manage client profiles, historical data and activities. The Securities Master (Zhengquantong) is accessible to investors through a user interface via computers, smartphones, tablets and over time smart televisions.
The Company's financial information and advisory business includes its individual research tool subscription business and its institutional subscription business. To conduct its subscription services, the Company collects and processes its Website content through its research tools, and provides to its subscribers financial analysis tools, real-time and historical data, news, research reports and online forums in an integrated information platform. The Company's subsidiary, Shenzhen Genius Information Technology Co. Ltd. (CFO Genius), is a professional financial database provider in China. The Company is also engaged in the online advertising business through its Website, www.jrj.com, a financial information Website.
Commodities Brokerage Services
The Company conducts its precious metal trading business through its subsidiaries, including Zhengjin (Fujian) Precious Metal Investment Co., Ltd. (Zhengjin Fujian), Zhengjin (Tianjin) Precious Metal Management Co., Ltd. (Zhengjin Tianjin) and Henghui (Tianjin) Precious Metals Management Co., Ltd. (Henghui). The Company's precious metals trading affiliates' business include precious metals spot trading, silver product sales and financial investment advisory services. The Company also acts as one of the market makers in the commodities exchanges.
Hong Kong Securities and Futures Contracts Brokerage Business
The Company provides certain brokerage and related services through iSTAR International Securities Co. Limited (iSTAR Securities). The Company provides brokerage and related services to its customers investing in stocks listed on Hong Kong Stock Exchanges and Clearing Limited (HKEx). iSTAR Securities, together with iSTAR International Futures Co. Limited (iSTAR Futures) and iSTAR International Wealth Management Co. Limited (iSTAR Wealth Management), serve as its platform for developing financial services outside mainland China.
The Company competes with Alibaba Group Holding Limited, Tencent Holdings Limited and Baidu, Inc.
China Finance Online Co Ltd
17th floor of Fuzhuo Plaza A
No.28 Xuanwai Street, Xicheng Di
BEIJING BEJ 100052