Hywin Holdings Announces Strategic Business Transformation Plan [Yahoo! Finance]
Hywin Holdings Ltd. - American Depositary Shares (HYW)
Company Research
Source: Yahoo! Finance
strategic business transformation in light of recent regulatory policies and market developments. Under this new strategy, the Company will (i) shift its financial services and product distribution businesses towards public market funds and NAV-based products, (ii) strategically promote growth of its insurance brokerage services business, (iii) continue to grow and develop its overseas wealth management and asset management services, and (iv) diversify income streams by continuing to develop other non-financial service businesses such as high-end health management services, and opportunistically expanding into consumer industries including distribution of Chinese liquors and other consumer products, which Hywin expects may achieve potential synergy with its existing clientele of high-net-worth individuals in China. Exit from Distribution of Asset-Backed Products Historically, Hywin has relied heavily on its wealth management services business and generated a significant amount of
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News
- Hywin Holdings Announces Strategic Business Transformation PlanGlobeNewswire
- ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Hywin Holdings Ltd. Investors to Inquire About Securities Class Action Investigation - HYWPR Newswire
- ROSEN, A LEADING AND RANKED FIRM, Encourages Hywin Holdings Ltd. Investors to Inquire About Securities Class Action Investigation - HYWPR Newswire
- ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Hywin Holdings Ltd. Investors to Inquire About Securities Class Action Investigation – HYWGlobeNewswire
- HYW LOSS ALERT: ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Hywin Holdings Ltd. Investors to Inquire About Securities Class Action Investigation - HYWPR Newswire