MMTEC(US:MTC) Jin Rong Jie·2025-12-15 15:15Core Viewpoint - Haichuan Securities (MTC) has shown a significant increase in stock price and revenue, but it also reported a substantial net loss, indicating potential challenges ahead for the company [1]. Financial Performance - On December 15, Haichuan Securities opened with a 5.56% increase, reaching $3.23 per share, with a total trading volume of $1.6004 million and a market capitalization of $81.3536 million [1]. - For the fiscal year ending December 31, 2024, Haichuan Securities reported total revenue of $1.8683 million, reflecting a year-on-year growth of 114.77% [1]. - The company recorded a net loss attributable to shareholders of $91.1683 million, which represents a year-on-year decrease of 300.36% [1]. Company Overview - Haichuan Securities is an offshore holding company registered outside of China, operating through domestic subsidiaries [1]. - It is the first securities financial institution from mainland China to be listed in the United States [1]. - The company offers a range of financial services, including asset management, institutional brokerage, investment banking, and investment advisory, leveraging a professional team with localized, specialized, and cross-market capabilities [1].