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Stock impact report

CLPS Incorporation Relocates Global Corporate Headquarters to Hong Kong; Establishes Another Milestone In Its Global Expansion Strategy

CLPS Incorporation (CLPS) 
Company Research Source: PR Newswire
HONG KONG, May 19, 2020 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced the relocation of its global corporate headquarters to Hong Kong to further expand its business as part of the implementation of its global expansion strategy. Shanghai will now serve as CLPS's regional headquarters in Mainland China. Founded in Shanghai, CLPS has achieved more than a decade of consistent development, including large scale operation growth since 2005. As one of the largest financial hubs in the world, Hong Kong has been accelerating its fintech development to promote the growth of its fintech services sector. Thus, CLPS decided to relocate its global corporate headquarters to Hong Kong to reinforce its global expansion strategy and to achieve further business growth. The Company specifically aims to bridge and expand its financial technology services business on a global scale, which adheres to the Company's commitment to deliver a globally competitive Show less Read more
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