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SOLOWIN Invests in Leading Web 3 Media Outlet ME Group
Globenewswire· 2025-08-26 12:30
HONG KONG, Aug. 26, 2025 (GLOBE NEWSWIRE) -- via IBN -- SOLOWIN HOLDINGS (NASDAQ: SWIN) (“Solowin” or the “Company”), a leading financial services firm providing comprehensive solutions across traditional and digital assets, today announced its strategic investment in MetaEra, which has rebranded as ME, a leading Web 3 industry news platform and specialist in brand growth strategies. This Pre-Series A funding round was co-led by Fenbushi Inc. and Hashkey Capital, with participation from Solowin and other in ...
SOLOWIN Launches Dubai Operations Center, Accelerating Expansion in UAE Market Following Saudi Layout
Globenewswire· 2025-08-22 12:30
HONG KONG, Aug. 22, 2025 (GLOBE NEWSWIRE) -- via IBN -- Solowin Holdings (NASDAQ: SWIN) (“Solowin” or the “Company”), a leading financial services firm providing comprehensive solutions across traditional and digital assets, today announced the official launch of its Dubai Operations Center and the commencement of its application for a Category 3C asset management license from the Dubai International Financial Centre (DIFC), one of the world’s most advanced financial centers and the leading financial hub fo ...
SOLOWIN Enters Saudi Market to Drive Web3 and Data Science Through CITIC Partnership
Globenewswire· 2025-08-20 12:00
Core Insights - The strategic collaboration between Solowin Holdings and CITIC Contracting Company aims to enhance investment offerings and develop tokenized real estate opportunities in Saudi Arabia [1][2] - This partnership seeks to connect the private real estate market with investor demand for diversified yield-generating alternatives, leveraging Solowin's technology and CITIC's real estate expertise [2][3] Company Overview - Solowin Holdings is a leading financial services firm that operates in both traditional and digital asset markets, providing a full-spectrum ecosystem that integrates traditional finance with decentralized finance [5] - The company has a robust Web3 Infrastructure division and is licensed by the Hong Kong Securities and Futures Commission, enabling it to offer compliant traditional finance, real-world asset tokenization, and global digital payment solutions [5] Strategic Goals - The collaboration aligns with Saudi Vision 2030, which focuses on digital transformation and economic diversification in Saudi Arabia [3][4] - The partnership will utilize CITIC's execution capabilities alongside Solowin's regulated stablecoin infrastructure to modernize traditional assets [3]
华赢控股上涨5.16%,报4.48美元/股,总市值2.56亿美元
Jin Rong Jie· 2025-08-14 20:15
8月15日,华赢控股(SWIN)盘中上涨5.16%,截至03:57,报4.48美元/股,成交126.85万美元,总市值 2.56亿美元。 财务数据显示,截至2025年03月31日,华赢控股收入总额281.9万美元,同比减少34.3%;归母净利 润-853.8万美元,同比减少87.4%。 资料显示,华赢控股有限公司是一家金融公司,持有香港证券及期货事务监察委员会(SFC)颁发的许可 证。公司致力于提供全面的投资和财富管理服务,通过跨境、跨产品、跨服务和跨平台服务帮助客户实 现更多目标。它的交易外套很低,交易系统快捷方便,满足您的所有投资需求,让您随时掌握第一手市场信 息,抓住机会。 该公司提供安全、用户友好、广泛的交易系统,包括通过其专有的集成数字平台"Solomon Pro"为美国、 香港特别行政区和中国互联股票提供交易服务。 该公司的目标是通过坚持优先考虑用户和用户体验的使命,推动产品升级的高度创新,丰富满足投资者、 公司和行业不断变化的需求的产品和服务,成为全球有影响力的金融服务平台。 本文源自:金融界 作者:行情君 受证监会监管的持牌公司(CE编号:BIF 175),包括1类证券交易许可证、4类证券咨询 ...
华赢控股上涨5.21%,报4.24美元/股,总市值2.42亿美元
Jin Rong Jie· 2025-08-08 14:09
Financial Performance - As of March 31, 2025, the company's total revenue was $2.819 million, representing a year-over-year decrease of 34.3% [1] - The net profit attributable to the parent company was -$8.538 million, reflecting a year-over-year decline of 87.4% [1] Company Overview - The company, Huaying Holdings (SWIN), is a financial firm licensed by the Hong Kong Securities and Futures Commission (SFC) [1] - It aims to provide comprehensive investment and wealth management services, facilitating clients in achieving their goals through cross-border, cross-product, cross-service, and cross-platform offerings [1] - The company holds various licenses, including Type 1 Securities Trading License, Type 4 Securities Advisory License, Type 6 Corporate Finance Advisory License, and Type 9 Asset Management License [1] Product and Service Innovation - The company's mission is to prioritize user experience and drive product upgrades through high innovation, aiming to meet the evolving needs of investors, companies, and the industry [2]
华赢控股上涨3.08%,报3.68美元/股,总市值2.10亿美元
Jin Rong Jie· 2025-07-03 16:19
Group 1 - The core viewpoint of the article highlights the financial performance of Huaying Holdings (SWIN), which experienced a significant decline in revenue and net profit for the fiscal year ending March 31, 2025 [1][2] - As of July 4, 2023, Huaying Holdings' stock price increased by 3.08% to $3.68 per share, with a total market capitalization of $210 million [1] - The company's total revenue for the fiscal year was $2.819 million, representing a year-on-year decrease of 34.3%, while the net profit attributable to shareholders was -$8.538 million, a decline of 87.4% compared to the previous year [1][2] Group 2 - Huaying Holdings is a financial company licensed by the Hong Kong Securities and Futures Commission (SFC), providing comprehensive investment and wealth management services [2] - The company operates under various licenses, including Type 1 securities trading, Type 4 securities advisory, Type 6 corporate finance advisory, and Type 9 asset management [2] - Huaying Holdings aims to enhance user experience and innovate its product offerings through its proprietary integrated digital platform "Solomon Pro," which facilitates trading services for U.S., Hong Kong, and Chinese stocks [2]
Solowin(SWIN) - 2025 Q4 - Annual Report
2025-06-30 20:58
Financial Performance - Total revenue for the fiscal year ended March 31, 2025, was $2,819,000, a decrease of $1,472,000, or 34%, from $4,291,000 for the fiscal year ended March 31, 2024[79]. - Revenue from investment advisory fees decreased by 64% to $1.03 million for the fiscal year ended March 31, 2025, down from $2.86 million for the fiscal year ended March 31, 2024[80]. - The company reported a net loss of $8.54 million for the fiscal year ended March 31, 2025, compared to a net loss of $4.56 million for the fiscal year ended March 31, 2024[81]. - Operating expenses increased to $10.95 million for the fiscal year ended March 31, 2025, from $8.72 million for the same period in 2024[81]. - A significant portion of revenue is derived from advisory fees, which accounted for approximately 36%, 67%, and 56% of total revenue for the fiscal years ended March 31, 2025, 2024, and 2023, respectively[80]. Cash Management and Dividends - Solowin's cash transfers to its subsidiaries totaled approximately $2,465,000 for the fiscal years ended March 31, 2023, 2024, and 2025[35]. - The cash flow from Solomon JFZ (Asia) Holdings Limited was $774,000 in 2024 and $7,000 in 2025, while Solomon Private Wealth Limited had cash flows of $544,000 in 2025[41]. - Solowin does not currently plan to distribute earnings or declare cash dividends in the foreseeable future, intending to retain future earnings for business expansion[36]. - As of the report date, Solowin and its HK Subsidiaries have not paid any dividends or made distributions to shareholders, including U.S. investors[34]. - Solowin relies on dividends and distributions from its subsidiaries to fund cash and financing requirements, and any limitations on these payments could adversely affect its business operations[39]. Regulatory Environment - The New Overseas Listing Rules, effective March 31, 2023, require PRC domestic companies to file with the CSRC within three working days after applying for an overseas listing[30]. - Solowin is not currently subject to the New Overseas Listing Rules as it does not own any PRC entity[31]. - The Holding Foreign Companies Accountable Act may prohibit Solowin's securities from trading if its auditor cannot be fully inspected by the PCAOB[32]. - HK Subsidiaries have received all requisite licenses and permissions from Hong Kong authorities to conduct their businesses, including licenses for dealing in securities and asset management[45]. - The company operates in a heavily regulated industry, subject to extensive regulatory requirements from the Securities and Futures Commission of Hong Kong and the Cayman Islands Monetary Authority[83]. Client Engagement and Market Conditions - As of March 31, 2025, Solomon JFZ had 1,240 revenue-generating clients, a decline from 1,400 clients in the previous year, indicating a decrease in client engagement and trading activity[91]. - The trading volume on Solomon JFZ's platform has historically grown due to an increasing number of active clients, but this growth has stalled or declined over the past three fiscal years[91]. - Solomon JFZ's revenue is significantly derived from commissions based on trading volume, which may be adversely affected by declining investor confidence in the Hong Kong stock market since 2022[91]. - Approximately 81%, 92%, and 78% of total revenues were contributed by the top five customers for the years ended March 31, 2025, 2024, and 2023, respectively[108]. - The client base increased at a CAGR of 0.8% from approximately 15,500 to 15,600 from fiscal year 2023 to fiscal year 2025, with over 1,200 active clients as of March 31, 2025[109]. Compliance and Legal Risks - The company is currently in full compliance with HKSFC requirements for Type 1, Type 4, and Type 9 regulated activities, but is not fully compliant for Type 6 activities since March 3, 2025[48]. - Compliance with applicable laws and regulations is complicated and may result in sanctions if non-compliance occurs, adversely affecting the company's reputation and financial condition[84]. - The company faces risks related to fluctuations in exchange rates, particularly between Hong Kong dollars and U.S. dollars, which could impact its financial results[101]. - The company may face scrutiny from Mainland Chinese authorities if its activities are deemed to involve PRC residents, creating compliance challenges[166]. - The company has not identified any material fraud or misconduct by its directors, officers, employees, agents, clients, or other third parties since its inception in 2016[125]. Cybersecurity and Operational Risks - Cybersecurity risks are prevalent, with potential exposure to data breaches that could harm the company's reputation and financial condition[117]. - The company has implemented stringent internal control policies to mitigate risks of fraudulent or illegal activities on its platform[132]. - High-profile fraudulent activities could lead to regulatory intervention, diverting management's attention and incurring additional costs[133]. - The company is exposed to increased risks of fraud or cyberattacks due to the nature of virtual assets, which could adversely affect operations[137]. - The company has a disaster recovery and business continuity plan, but system failures could lead to significant operational disruptions and reputational damage[115]. Market and Economic Conditions - Economic conditions in Hong Kong and China are sensitive to global economic conditions, and a prolonged slowdown could negatively impact client confidence and business results[175]. - The company may face challenges in implementing new business lines or products, with risks associated with market acceptance and regulatory compliance[122]. - Expansion into new markets may present additional risks, including regulatory compliance and competition from more experienced local firms[123]. - The company incurs significant legal, accounting, and compliance costs as a public company, which were not present as a private entity[148][149]. - Any adverse political or economic conditions in Hong Kong could materially affect the company's business operations and financial condition[176]. Shareholder Rights and Corporate Governance - The dual class voting structure allows holders of Class B Ordinary Shares to control approximately 62.1% of the voting power of the company's outstanding share capital[66]. - The company has not declared or paid dividends on Class A Ordinary Shares historically, and future returns will depend on appreciation in share value[211]. - The market price of Class A Ordinary Shares is currently below $5.00, which could subject them to SEC's "penny stock" rules if delisted from Nasdaq[203]. - The company operates through subsidiaries in Hong Kong and does not have direct operations in the PRC, which may affect its tax status under PRC laws[199]. - Solowin's shareholders have limited rights to convene general meetings or present proposals, as per Cayman Islands law[219].
华赢控股上涨2.6%,报1.97美元/股,总市值9768.45万美元
Jin Rong Jie· 2025-06-17 14:29
Group 1 - The core viewpoint of the articles highlights the financial performance and upcoming reporting of Huaying Holdings (SWIN), indicating a significant decline in revenue and net profit [1][2] - As of June 17, Huaying Holdings' stock price increased by 2.6% to $1.97 per share, with a total market capitalization of approximately $97.68 million [1] - Financial data shows that for the period ending September 30, 2024, Huaying Holdings reported total revenue of $1.055 million, a year-over-year decrease of 60.04%, and a net loss attributable to shareholders of $6.255 million, a decrease of 601.2% compared to the previous year [1] Group 2 - Huaying Holdings is a financial company licensed by the Hong Kong Securities and Futures Commission (SFC), providing comprehensive investment and wealth management services [2] - The company operates under various licenses, including Type 1 securities trading, Type 4 securities advisory, Type 6 corporate finance advisory, and Type 9 asset management [2] - Huaying Holdings aims to enhance user experience and innovate its products to meet the evolving needs of investors and the industry, aspiring to become a globally influential financial services platform [2]
Solowin and Partners Invest US$10M in AlloyX's Pre-A Funding Round
Newsfilter· 2025-01-03 22:00
Core Summary - SOLOWIN Holdings, a leading financial services firm, has made a strategic investment in AlloyX Limited, an Asia-based stablecoin infrastructure firm, through its subsidiary Solomon JFZ (Asia) Holdings Limited [1] - AlloyX secured a US$10 million Pre-A funding round with participation from SOLOWIN and other notable partners, including Arbitrum Foundation and Offchain Labs [2] - The investment aligns with SOLOWIN's commitment to fostering innovation in the global financial infrastructure sector, particularly in the stablecoin payments ecosystem [3] Investment Details - AlloyX plans to use the funding to expand its operations in high-growth regions such as the UAE, ASEAN, and Africa [2] - The investment highlights the growing importance of stablecoins in global finance, as evidenced by recent developments like Stripe's $1.1 billion acquisition of Bridge and BVNK's $50 million Series B funding round valued at $750 million [3] Company Overview: AlloyX - AlloyX is building next-generation payments infrastructure that bridges traditional banking with blockchain technology [4] - The platform enables businesses to send and receive stablecoin payments, facilitate currency exchanges, and integrate crypto payments while maintaining regulatory compliance [4] - AlloyX leverages institutional-grade custodial wallets, multi-chain security, and tokenization technology to empower businesses to tokenize real-world assets and operate across diverse financial ecosystems [4] - With licenses spanning virtual assets, payments, and trusts, AlloyX serves institutional and retail clients in over 70 countries [4] Company Overview: SOLOWIN Holdings - SOLOWIN Holdings is a Hong Kong-based financial services firm offering a comprehensive one-stop solution for high-net-worth and institutional investors worldwide [5] - The company provides services across traditional and virtual assets, including investment banking, wealth management, asset management, and Web3 solutions [5] - SOLOWIN's subsidiary, Solomon JFZ (Asia) Holdings Limited, is one of Hong Kong's first regulated virtual asset service providers, offering the Solomon VA+ app, which integrates traditional and virtual asset trading with wealth management services [5]
Solowin and Partners Invest US$10M in AlloyX's Pre-A Funding Round
Globenewswire· 2025-01-03 22:00
Company Overview - SOLOWIN HOLDINGS (NASDAQ: SWIN) is a Hong Kong-based financial services firm offering comprehensive solutions for high-net-worth and institutional investors, including investment banking, wealth management, asset management, and Web3 solutions [5] - The company's subsidiary, Solomon JFZ (Asia) Holdings Limited, is one of Hong Kong's first regulated virtual asset service providers, operating the Solomon VA+ platform, which integrates traditional and virtual asset trading with wealth management services [5] Strategic Investment - SOLOWIN announced a strategic investment in AlloyX Limited, an Asia-based stablecoin infrastructure firm, through its subsidiary Solomon JFZ (Asia) Holdings Limited [1] - AlloyX secured a US$10 million Pre-A funding round, supported by SOLOWIN and other partners including Arbitrum Foundation, Offchain Labs, PMT Capital, Ming Capital, Fern Win Capital, Whitecove Capital, and Kiln SAS [2] - The funds will be used by AlloyX to expand operations in the UAE, ASEAN, and Africa, targeting high-growth regions [2] Industry Context - The investment aligns with SOLOWIN's commitment to fostering innovation in the global financial infrastructure sector, particularly in the stablecoin payments ecosystem [3] - Recent developments in the stablecoin payments space include Stripe's acquisition of Bridge for $1.1 billion and BVNK's $50 million Series B funding round valued at $750 million, highlighting the transformative potential of stablecoins in global finance [3] AlloyX Overview - AlloyX is building next-generation payments infrastructure, bridging traditional banking with blockchain technology [4] - The platform enables businesses to send and receive stablecoin payments, facilitate currency exchanges, and integrate crypto payments while maintaining regulatory compliance [4] - AlloyX leverages institutional-grade custodial wallets, multi-chain security, and tokenization technology to empower businesses to tokenize real-world assets and operate across diverse financial ecosystems [4] - With licenses spanning virtual assets, payments, and trusts, AlloyX serves institutional and retail clients in over 70 countries [4]