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A new Chinese Robinhood challenger, Ether Securities, poised to take market share, JFU up 70%, gearing up to battle FUTU

9F Inc. (soon) Ether Securities, JFU, Company Business Profile

 

 

Ether Securities, JFU, is an AI driven Fintech Platform providing Credit, Insurance and Wealth management services and technology to investors, through a wide array of network partners in the financial service sector.

The company operates in mainland China, Hong Kong and the neighboring Southeast Asian countries. The company has developed a great reputation, loyal customer base and huge dataset that the company plans to use to deploy new products and services that are more meaningful to customers and more profitable to the company.

The recent surge in online trading has prompted the company to double down on its wealth management/investment management business and the company has decided to expand the highly lucrative stock trading, margin financing business. To better reflect the new business direction and to build a better brand and compete more aggressively, the company has decided to assume a new name and new digital identity, so henceforth, the company will be known as Ether Securities.

Ether will pivot to a new business vertical serving millions of individual investors in China and elsewhere, while continuing to provide technology to manage credit, insurance and wealth management tools to its business partners throughout Asia.

 

The Changing Landscape

 

The Pandemic has drastically changed the investment/trading landscape for better, millions of new investors for the first time were able to participate in the market, in the US, it was the Stimulus and Zero cost trading that prompted millions of everyday Americans to try their luck in the market, in China, it was a glut of accumulated savings and nowhere to spend the pile of cash lead to a huge Real Estate boom, as more and more Chinese investors found online investing rewarding, the online trading skyrocketed and Chinese investors started to invest in Chinese companies Listed on Hong Kong and the US Exchanges and more broadly investing directly in American companies through their online brokerage accounts.

 

The Leader of the pack

The leading Brokerage firm FUTU has a market value of more than $23 billion, Ether, JFU wants to aggressively increase its market share in a fast growing online trading and financing marketplace. The company has nearly two decades of experience and great tech stack to fully take advantage of this highly lucrative and extremely rewarding market opportunity. Investors seem to like what the company is doing, especially, since the company formally announced its intention to pivot and its desire to change the name to better reflect the new business, and the stock has skyrocketed!

https://www.9fgroup.com/

Learn more about the Chinese trading landscape: https://dailystockdeals.com/more/latest-news

 

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