Chinese wealth management provider, Hywin Holdings Ltd., is set to showcase its recent achievements at the Deutsche Bank (ETR:DBKGn) ADR Virtual Investor Conference on November 8, 2023. The firm's CFO Lawrence Lok and Investor Relations Director Ryan Teng will represent the company.
In the fiscal year 2023, Hywin reported a 7.7% revenue increase to RMB 2,091.8 million ($330 million), alongside an 8.2% surge in client numbers to 152,607. This growth has been attributed to the firm's innovative approach and commitment to serving high-net-worth individuals in Asia.
The company's subsidiary, Shanghai Hywin Network (LON:NETW) Technology Co., Ltd., has been recognized as a Specialized, Refined, Distinctive and Innovative Small Medium Enterprise by the Shanghai Municipal Commission of Economy and Informatization. This honor underscores Hywin's commitment to leveraging technology in providing sophisticated wealth management solutions.
In collaboration with Swiss fintech Leonteq Securities AG and hybrid fintech platform Arta TechFin, Hywin launched the "Global Mega-Trends Series". This series of principal-protected structured products is designed to cater to the evolving needs of wealthy Asian clients.
Hywin's efforts have not gone unnoticed in the industry. The firm was named the “Best Wealth Manager of Greater China 2023”, marking its third consecutive win. Additionally, its CEO, Madame Wang Dian, was honored with the “Best CEO in Greater China Wealth Management 2023” title, further solidifying the company's position as a leader in the region's wealth management sector.
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