Fintech PR
Puyi Fund, A Subsidiary of Puyi Group (NASDAQ: PUYI), Leverages Its Excellent Resource Integration Capabilities to Create a Diversified Product Shelf System
GUANGZHOU, China, Oct. 26, 2023 /PRNewswire/ — As of October 25, 2023, the third-quarter report of mutual fund in mainland China has been disclosed. According to Wind data, over the past three years, the scale of the mutual fund market has maintained a steady increase, and currently reaching 27 trillion yuan. In the fluctuating market conditions, the overall scale of equity funds is relatively stable, and the index fund has become an important configuration tool for funds, with the scale growing against the trend. As an important component of the direct financing system, the fund industry has played an important role in asset pricing, market stabilization, the advancement of capital market reform, and the development of the real economy. The wealth allocation structure of Chinese residents is undergoing profound changes.
Puyi Fund is an independent third-party fund sales organization under Puyi Group (NASDAQ: PUYI), with a fund sales business license issued by the China Securities Regulatory Commission. Committed to the principle of buyer’s advisory, Puyi Fund is committed to providing a comprehensive range of family financial asset allocation services for individual investors and a financial technology service platform that provides diversified financial services for institutional investors. With excellent market-wide resource integration capabilities, professional investment research capabilities, and a product evaluation system, Puyi Fund selects high-quality products and partners across the market and builds a full-category, open-ended product shelf system to meet personalized asset allocation needs under various scenarios.
For the family investment and financial life scenarios, Puyi Fund provides individual investors with full-lifecycle service companionship, including multi-account management, financial product transaction, fund portfolio strategy, financial information, investor rights and interests protection, and so on. Puyi is customer-centric, emphasizing the customer’s experience throughout the investment process, insisting on accompanying customers in the long term, and helping more investors achieve sustainable long-term returns. As of December 31, 2022, Puyi Fund’s cumulative asset allocation service scale exceeds 62 billion yuan, with a compound annual growth rate of 150.56% from 2015 to 2022.
Puyi Fund provides institutional investors with comprehensive solutions, including public and private equity fund research support, allocation recommendations, intelligent online transactions, etc. It also provides corporate clients with comprehensive financial services, such as capital liquidity management, employee finance, and shareholder investment. Simultaneously, “Puyi Institutional Pass”, the intelligent OTC fund trading system for institutional investors, aims to provide institutional investors with personalized trading functions, diverse product portfolios, and systematic investment and research systems, delivering a more professional, efficient, and intelligent trading experience. As of September 30, 2023, the platform has a total of 120+ cooperative institutional clients, covering industries such as banks, insurance, trusts, securities dealers, futures, private equity, and enterprises.
In terms of mutual funds, Puyi Fund has access to 111 mutual fund companies in the whole market, with 100% access by the top 20 fund companies, 84% access by the top 50 fund companies, 81% of mutual fund managers with assets under management of 100 billion, and access to nearly 8,300 mutual fund products and more than 20 customized investment adviser strategies. It caters to the various investment needs of individual and institutional investors through money market funds, bond funds, index funds, and other categories.
In terms of private equity funds, Puyi Fund has meticulously selected over 30 fund managers in the entire market, of which 38% are managers overseeing assets exceeding 10 billion yuan and above, and 29% are managers with 5 billion-10 billion. Specifically, there are 43 private equity products and 9 customized products, covering a wide range of mainstream investment strategies in the market. Considering various dimensions such as investment threshold, liquidity period, manager’s management scale, and other dimensions to meet the allocation requirements of different categories of investors.
Furthermore, investor rights and interest protection are important foundations for the stability and healthy development of financial markets. Since its establishment in 2010, Puyi Fund has always placed the protection of investors’ rights and interests at the top of its agenda. Through strict screening systems, sales supervision, compliance reviews, risk alerts, and complaint handling, Puyi Fund ensures a safe and equitable investment environment for investors. As an independent third-party sales organization, Puyi Fund inherently possesses neutrality and impartiality, without any conflicts of interest with investors. Puyi Fund is able to better protect the rights and interests of investors.
In the future, Puyi Fund will continue to uphold the concept of buy-side advisory, take advantage of the independent third-party sales organization, and provide investors with more comprehensive and professional asset allocation services. Meanwhile, Puyi Fund will actively engage in advancing and developing efforts to protect investor rights within the entire financial industry.
BEIJING, Oct. 19, 2024 /PRNewswire/ — A report from China Daily
Officials have expressed confidence in China’s financial market and called for more efforts to ensure its constant stable development.
Recently, the People’s Bank of China has pushed for the implementation of a reduction in the reserve requirement ratio, a reduction in interest rates, four real estate financial policies and two policy tools to support the stable development of the capital market. These measures have bolstered market confidence, Pan Gongsheng, governor of PBOC,said at the opening ceremony of the Annual Conference of Financial Street Forum 2024 held in Beijing on Friday.
“To promote high-quality economic development and sustainable growth, it is necessary to grasp the dynamic balance between the economic growth rate and growth quality, internal and external factors, consumption and investment. Macro policies should focus more on expanding consumption, better managing the relationship between the government and the market, and creating a favorable legal and business environment,” Pan said.
With the theme “Trust and Confidence”, the opening ceremony of the annual conference gathered more than 350 attendees to share their insights.
As an important destination for international financial investment, Beijing witnessed a growth of more than 5 percent in its GDP over the first three quarters of 2024. During this period, the city established 40 new domestic and foreign financial institutions and attracted nearly 600 billion yuan ($84.4 billion) in direct financing. Also it saw the establishment of 1,255 new foreign-funded enterprises, an increase of 16 percent.
“Looking to the future, Beijing will accelerate the construction of a vibrant modern financial system and comprehensively enhance the level of serving the country’s financial management functions,” said Yin Li, secretary of the CPC Beijing Municipal Committee.
As an important platform for national open development, the conference is being held from Friday to Sunday, attracting more than 500 heavyweight participants from more than 30 countries and regions to hold discussions revolving around international cooperation in more than 40 activities.
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LONDON, Oct. 18, 2024 /PRNewswire/ — GBS Malta, a proud member of Global Education (GEDU), has launched a cutting-edge campus in the vibrant heart of San Ġiljan, marking a new era for student learning and campus life in Malta.
Maltese Minister for Education, Youth, Research and Innovation, the Hon. Dr Clifton Grima MP said:
“As a country, we (Government and Opposition) might argue over many things, but there are certain instances where we come together, because we know and understand that when there is unity, there is stability, and when there is stability, there is potential.”
Maltese Shadow Minister for Education and Trades, the Hon. Justin Schembri MP said:
“The establishment of this campus is a testament to GBS’ commitment to providing accessible, high-quality education that equips students with the knowledge and skills they need to thrive in today’s competitive market.”
GEDU Deputy CEO, Professor Ray Lloyd said this is a significant step forward.
“Our mission is to change lives through education and provide students with the tools, resources, and opportunities they need to succeed in an ever-changing world,” said Professor Lloyd.
“This new campus is a significant investment and as we continue to grow, GBS Malta will play a key role in our global strategy, creating a vibrant learning environment that empowers students to achieve their full potential and drive positive change in their communities.
“This investment has already boosted the local economy through the creation of skilled jobs, and it will boost the Maltese economy for years to come through continued job creation and more students spending money in local businesses.”
Director of Operations for GBS Malta, Allen Lofaro said the new campus is a game-changer for the organisation.
“At GBS Malta, we prioritise our students’ success by providing world-class facilities and resources to help them thrive academically and personally,” said Mr Lofaro.
“This new campus offers fully equipped ‘Smart Classrooms,’ a modern library, computer lab, and vibrant social spaces, ensuring our students have the best possible environment for both learning and leisure.
“We are excited to open this incredible space and continue our mission of changing lives through education.”
The campus is in the centre of St Julian’s, next to the North & South bus terminals for easy access.
We invite prospective students and partners to explore the new GBS Malta campus and discover how we’re reshaping the future of education in Malta.
Visit us in St. Julian’s or learn more here.
About GEDU: The Group offers a range of educational opportunities, including the full range of higher education qualifications, apprenticeships, and language schools. It has operations in 12 countries, including the USA, Canada, United Kingdom, Ireland, Germany, France, Spain, Malta, UAE, India, Saudi Arabia, and Australia. Its portfolio covers a wide range of subject areas and is characterised by a keen focus on both employability and student experience to maximise return on investment for students.
About GBS Malta: GBS is a higher education provider offering a range of sector-relevant courses across campuses in the UK, Malta and the United Arab Emirates. Working in partnership with several leading higher education providers, we deliver undergraduate and postgraduate programmes in banking, finance, accounting, business, healthcare – and more.
GBS HE Malta is a licenced Higher Education institution. Our licence has been approved by our regulator, Malta Further & Higher Education Authority (MFHEA) who is an independent, transparent, and international authority. Our courses are in line with the Malta Qualifications Framework and the European Qualification Framework.
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Fintech PR
Deepening International Friendship and Cooperation! The 6th China-CEEC Local Leaders’ Meeting Held in Yantai
YANTAI, China, Oct. 18, 2024 /PRNewswire/ — According to Shandian News reports:
On October 16th, the 6th China-CEEC Local Leaders’ Meeting was held in Yantai, Shandong. The four forums held during the event have built a new platform for local cooperation between China and Central and Eastern European countries.
The meeting featured two main forums, the Green and Low-Carbon Forum for Local Cooperation and Development and the High-Level Academician Forum for Local Agricultural Cooperation, and two parallel forums, the Industry-Education Integrated Development Forum and the Business Cooperation Development Forum. During the High-Level Academician Forum for Local Agricultural Cooperation, the China-CEEC Modern Agricultural Science and Education Innovation Alliance was established. Sixty-four scientific and educational institutions from China and CEEC will collaborate on high-quality education, technology, talent, and enterprise resources in the field of modern agriculture. The alliance aims to serve as a new platform for exchanges and cooperation, enhancing the cultivation of talents in modern agriculture.
Georgios Papadakis, Academician of the European Academy of Sciences and Professor of Shandong Agricultural University
Some very nice mushroom products that you produce in China. And this is really unique, for example, to be exported in other countries and also transfer the technology of producing probably these products in Central European countries. So there are really great opportunities for commerce, for increasing commerce between China and the Central European countries.
During the meeting, strengthening sister-province cooperation was also a highlight. Shandong and Vojvodina Province of Serbia officially signed an agreement on friendly cooperative relationship. The event also had four exhibitions, including the Photography Exhibition of Central and Eastern European Countries and the Exhibition of Traditional Chinese Medicine, to showcase the customs and traditions of CEEC and promote Shandong’s local culture and products. In the Qilu traditional medicine exhibition area, the pulse diagnosis and acupoint pressing experience area attracted many guests.
Todor Kushevski, Assistant to the Mayor of Kocani, North Macedonia
Definitely the medicine and traditional stuffs are very interesting. It’s not unusual for our country. However, it is very nice to see such things, but also these technologies which we have opportunity also to see during the forum. It’s very interesting.
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