China Shifts Course on Financial Markets

NEW YORK, August 21, 2017 /PRNewswire/ --

According to a study by Citigroup Inc., China is shifting its approach to financial markets, which is projected to result in faster economic growth. China's efforts to internationalize its currency faced major obstacles back in 2015. Currently, policy makers are changing course, focusing on development of domestic financial markets. Bloomberg reported that China's nominal GDP, which is unadjusted for inflation, is projected reach $28 trillion by 2025 in Citigroup's study. This is compared with $26 trillion for the U.S.-based on anticipated growth rates and a gradual appreciation of the yuan to 5 per dollar from 6.8 now. Chineseinvestors.com, Inc. (OTC: CIIX), China Finance Online Co. Limited (NASDAQ: JRJC), Jumei International Holding Limited (NYSE: JMEI), Weibo Corporation (NASDAQ: WB), Alibaba Group Holding Limited (NYSE: BABA).

Citigroup analysts led by Liu Li-Gang wrote, "In years to come, 2017 could be viewed as a tipping point for global asset allocation. Removal of restrictions to entry, together with eventual inclusion of China in various global capital market indexes, will raise foreign ownership of Chinese assets, likely creating further momentum for market broadening and deepening," Bloomberg reported.

Chineseinvestors.com, Inc. (OTCQB: CIIX) just announced this morning that it will attend the Southern California Investment Forum ('SCIF'), taking place August 24, 2017, at Morton's Steakhouse in San Francisco. The Company will also attend the MoneyShow conference at the Marriott Marquis in San Francisco, taking place August 24 - 26, 2017.

The MoneyShow is a global network that provides investment and trading education and hosts live and online events attracting over 75,000 potential investors, traders, and financial advisors from around the world.

In addition, the Company is excited to announce its partnership with Weibo whereby it will broadcast its daily stock commentary program, 'U.S. Stock Billionaire,' as well as roadshow and conference reports on Weibo's official YouTube channel. Currently, the official Weibo YouTube channel has more than 300,000 subscribers. The Company is confident that its partnership with Weibo will draw even more attention to the Company's programs, events and business updates.

"I am delighted that CIIX has been invited to attend the Southern California Investment Forum and MoneyShow San Francisco," says Warren Wang, Founder and CEO of CIIX. "MoneyShow hosts one of the most well-known investor conferences, which attracts traders and financial advisors from all over the world providing the Company with a valuable opportunity to network with top market experts, analysts and media companies. We encourage attendees to visit our booth at MoneyShow to learn more about CIIX and the incredible opportunities that await."

China Finance Online Co. Limited (NASDAQ: JRJC), a web-based financial services company that provides Chinese retail investors with online access to securities and commodities trading services, wealth management products, investment advisory services, as well as financial database and analytics services to institutional customers, on August 14th, announced its unaudited financial results for the second quarter and first six months ended June 30, 2017. Mr. Zhiwei Zhao, Chairman and CEO of China Finance Online, commented, "Our intelligent-finance driven fintech business is gaining traction as accredited retail investors began to subscribe our mobile application based analytical tools to guide their quantitative trading investment strategies."

Jumei International Holding Limited (NYSE: JMEI), China's leading online retailer of beauty products, on May 4th, announced that it had entered into definitive agreements to acquire equity interests in Shenzhen Jiedian Technology Co., Ltd for a total cash consideration of RMB 300 million. Jiedian is one of the leading players in the portable power bank sharing business. It facilitates master power charging boxes in highly frequented points of interest. Mr. Leo Ou Chen, Founder and CEO of Jumei, commented, "The sharing economy is rapidly developing as hundreds of millions of Chinese consumers have embraced internet mobility as a way of life, both professionally and socially."

Weibo Corporation (NASDAQ: WB) is a leading social media for people to create, share and discover Chinese-language content. Weibo provides an unprecedented and simple way for people and organizations to publicly express themselves in real time interact with others and stay connected with the world. On August 9th, the company announced its unaudited financial results for the second quarter ended June 30, 2017. "Revenues from key accounts and non-advertising all saw robust growth, while our profit and user base reached new highs," said Gaofei Wang, CEO of Weibo.

Alibaba Group Holding Limited (NYSE: BABA) aims to build the future infrastructure of commerce. On August 17th, Alibaba announced its financial results for the quarter ended June 30, 2017. Our technology is driving significant growth across our business and strengthening our position beyond core commerce," said Daniel Zhang, Chief Executive Officer of Alibaba Group. "The significant growth in customer management revenue represents the differentiated business value we provide to our customers," said Maggie Wu, Chief Financial Officer of Alibaba Group.

Please SIGN UP NOW at http://www.FinancialBuzz.com To Receive Alerts on Trending Financial News from all these companies. "The Latest Buzz in Financial News"

Subscribe Now! Watch us report from NYSE https://www.youtube.com/FinancialBuzzMedia

Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz

Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz

Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/

About FinancialBuzz.com  

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions as we purely incorporate public market research along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. We also do not include any personal opinions, recommendations or commentary. For this release, FinancialBuzz.com expects to be compensated three thousand dollars for financial news dissemination and PR services by chineseinvestors.com Inc. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com has signed a two year agreement with chineseinvestors.com inc. for one hundred thousand restricted common shares for continued financial news dissemination and PR services. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on the Site, company profiles, and quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: http://www.financialbuzz.com.

Media Contact:
info@financialbuzz.com
+1-877-601-1879

URL: http://www.FinancialBuzz.com

SOURCE FinancialBuzz.com