BEIJING, Jan. 6, 2017 /PRNewswire/ -- China Finance Online
Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading 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, today announced that its subsidiary Rifa Securities (www.rffg.com.hk) had been awarded as one of Best Hong Kong Brokerage Firms and as the Best Hong Kong
Securities Brokerage Firm for Investor Education of year 2016, further demonstrating its elite status among Hong Kong securities brokerage firms.
Tencent recently released its 2016 annual voting results with awards in different categories of
Hong Kong securities brokerage firms. Rifa Securities was awarded as one of Best Hong Kong
Securities Brokerage Firms of year 2016, together with other nine financial services powerhouses, including Bank of China (International), Bank of Communications (International), and EverBright Securities. In addition, due
to its industry-leading services, Rifa Securities was also the sole winner of the Best Hong Kong Securities Brokerage Firm for
Investor Education Award.
Mr. Zhiwei Zhao, Chairman and CEO of China Finance Online, commented, "These awards are now
being added into the many other accolades we amassed over the years, all of which demonstrate the high recognition by the market
and our customers. Over the past 45 years in Hong Kong, Rifa Securities has established a decent
reputation through its ongoing dedication to high-quality operational professionalism, profound market knowledge, advanced
trading platform and excellent customer services. We believe that, together with our subsidiary Rifa Securities, our tenacity in
building the one-stop investment and wealth management gateway for retail investors will continue to bear fruit and create
synergies among all of our business units."
About China Finance Online
China Finance Online Co. Limited is a leading web-based financial services company that provides Chinese retail investors with
online access to securities and commodities trading services, wealth management products, securities investment advisory
services, as well as financial database and analytics services to institutional customers. The Company's prominent flagship
portal site, www.jrj.com, is ranked among the top financial
websites in China. In addition to the web-based securities trading platform, the Company offers
basic financial software, information services and securities investment advisory services to retail investors in China. Through its subsidiary, Shenzhen Genius Information Technology Co. Ltd., the Company provides
financial database and analytics to institutional customers including domestic financial, research, academic and regulatory
institutions. China Finance Online also provides brokerage services in Hong Kong.
Safe Harbor Statement
This press release contains forward-looking statements which constitute "forward-looking" statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform
Act of 1995. The statements contained herein reflect management's current views with respect to future events and financial
performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results
to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are
beyond the control of the Company. These forward-looking statements can be identified by terminology such as "will,"
"expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, this
release contains the following forward-looking statements regarding:
- our prospect and our ability to attract new users;
- our prospect on building a comprehensive wealth management ecosystem through providing a fully-integrated online
communication and securities-trading platform;
- our prospect on stabilization in cash attrition and improvement of our financial position;
- our initiatives to address customers' demand for intuitive online investment platforms and alternative investment
opportunities; and
- the market prospect of the business of securities-trading, securities investment advisory and wealth management.
Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the
forward-looking statements, which risk factors and uncertainties include, amongst others, the changing customer needs, regulatory
environment and market condition that we are subject to; the uneven condition of the world and Chinese economy that could lead to
volatility in the equity markets and affect our operating results in the coming quarters; the impact of the changing conditions
of the mainland Chinese stock market, Hong Kong stock market and global financial market on our
future performance; the unpredictability of our strategic transformation and growth of new businesses, including our commodities
brokerage services; the prospect of our margin-related business and the degree to which our implementation of margin account
screening and ongoing monitoring will yield successful outcome; the degree to which our strategic collaborations with partners
will yield successful outcome; the prospect for China's high-net-worth and middle-class
households; the prospect of equipping our customer specialists with new technology, tools and financial knowledge; wavering
investor confidence that could impact our business; and possible non-cash goodwill, intangible assets and investment impairment
may adversely affect our net income. Further information regarding these and other risks is included in the Company's filings
with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F under "Forward-Looking Information"
and "Risk Factors". The Company does not undertake any obligation to update any forward-looking statement as a result of new
information, future events or otherwise, except as required under applicable law.
For more information, please contact:
China Finance Online
+86-10-8336-3100
ir@jrj.com
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SOURCE China Finance Online