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Solowin Holdings Ordinary Share - $SWIN STOCK NEWS

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Rhea-AI Summary

SOLOWIN HOLDINGS strengthened its partnership with OSL to facilitate Hong Kong’s innovative spot virtual asset ETFs through in-kind subscription and redemption. Solomon, a subsidiary of SOLOWIN, is the first SFC-approved participating dealer for this process in Hong Kong. This collaboration aims to enhance liquidity and accessibility for digital asset investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.71%
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partnership
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Rhea-AI Summary
SOLOWIN HOLDINGS selected as a key participating dealer for Harvest Global’s first spot Bitcoin and Ethereum ETF in Hong Kong. The company's operating subsidiary, Solomon JFZ (Asia) Holdings , will play a important role in offering the ETF to investors. The approval marks a regulatory milestone for Hong Kong, positioning it as a global virtual asset hub.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
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none
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Rhea-AI Summary
Solowin Holdings (SWIN) reports a 126.4% year-over-year revenue increase to $2.64 million for the first six months of fiscal year 2024. Net income also rose significantly to $1.25 million, showcasing enhanced profitability. The company attributes its success to innovative product offerings, a diverse client base, and a focus on customer service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-30%
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Rhea-AI Summary
SOLOWIN Holdings (SWIN) expands into Private Wealth Management business in Hong Kong through Solomon Private Wealth Limited, targeting high-net-worth individuals and family offices with a comprehensive suite of services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-46.94%
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none
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Rhea-AI Summary
Solowin Holdings (SWIN) recently showcased its virtual asset business at two major investment conferences, highlighting the successful approval from the Securities and Futures Commission of Hong Kong to provide virtual asset dealing services. The company aims to expand its business scope to include both traditional securities dealing and virtual asset trading services, emphasizing the importance of safety and regulation in the trading process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.76%
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none
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Rhea-AI Summary
SOLOWIN HOLDINGS (Nasdaq: SWIN) announced its participation in the Sequire Investor Summit and The Microcap Conference to present its vision for integrated financial services infrastructure for next-generation investors. The events will take place from January 23 to 25, 2024, in San Juan, Puerto Rico, and from January 30 to February 1, 2024, in Atlantic City, New Jersey.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.85%
Tags
conferences
Rhea-AI Summary
SOLOWIN HOLDINGS (NASDAQ: SWIN) to participate in The Microcap Conference on January 30, 31, and February 1, 2024 at Caesars Atlantic City Hotel & Casino. Thomas Tam, CEO, will be presenting on January 31 & February 1, 2024. Interested parties can register to attend. Members of the management team will also be conducting one-on-one meetings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.76%
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none
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Rhea-AI Summary
Solowin Holdings closes IPO, raising $8.0 million at $4.00 per share
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Rhea-AI Summary
Solowin Holdings announces pricing of IPO at $4.00 per share, expects to receive $8.0 million in gross proceeds.
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End-of-Day
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Solowin Holdings Ordinary Share

Nasdaq:SWIN

SWIN Rankings

SWIN Stock Data

234.75M
2.00M
85.71%
0.06%
0.87%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States of America
Tsim Sha Tsui