SOLOWIN HOLDINGS Announces Strategic Expansion into Private Wealth Management Business

Core Insights - SOLOWIN HOLDINGS is expanding into the Private Wealth Management sector through its new subsidiary, Solomon Private Wealth Limited, targeting high-net-worth individuals, family offices, and trusts [1][2] - The company aims to provide a comprehensive suite of wealth management services that include both traditional and virtual asset classes, responding to the increasing demand for high-quality services from investors [2] - A new office has been opened in the International Commerce Center in Hong Kong to support this expansion and enhance the company's financial services infrastructure [2] Company Overview - SOLOWIN HOLDINGS is based in Hong Kong and focuses on high-net-worth investors globally, offering a wide range of products and services through its electronic platform, Solomon Win [3] - The company has shown robust growth since 2021 and operates under its main subsidiary, Solomon JFZ (Asia) Holdings Limited, which is licensed by the Hong Kong Securities and Future Commission [3] - The diversified offerings of the company include Securities Brokerage, Investment Banking, Asset Management, Virtual Assets, and FinTech Services [3]