Last $0.12 HKD
Change Today 0.00 / 0.00%
Volume 2.9M
290 On Other Exchanges
Symbol
Exchange
Hong Kong
As of 11:28 PM 07/9/14 All times are local (Market data is delayed by at least 15 minutes).

china fortune financial grou (290) Snapshot

Open
$0.12
Previous Close
$0.12
Day High
$0.12
Day Low
$0.12
52 Week High
03/27/14 - $0.18
52 Week Low
07/11/13 - $0.07
Market Cap
400.0M
Average Volume 10 Days
34.7M
EPS TTM
$-0.0041
Shares Outstanding
3.4B
EX-Date
10/30/89
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA FORTUNE FINANCIAL GROU (290)

Related News

No related news articles were found.

china fortune financial grou (290) Related Businessweek News

No Related Businessweek News Found

china fortune financial grou (290) Details

China Fortune Financial Group Limited, an investment holding company, provides securities and insurance brokerage, margin financing, wealth management, asset management, and corporate finance services in Hong Kong. It operates through Broking and Margin Financing, Proprietary Trading, Corporate Finance, Money Lending, and Others segments. The company offers corporate finance advisory services, including financial advisory and initial public offerings (IPOs); investment portfolio management services, as well as private equity investment and related management and advisory services; and secondary market financial services, such as placing, rights issue, and advisory services on corporate transactions, including merger and acquisition. Its wealth management services include personal financial planning, investment and portfolio management, retirement planning, education planning, family and business risk management and insurance protection, and employee benefit schemes and MPF advisory services. The company is also involved in proprietary trading of securities, as well as the provision of money lending services and immigration and education consulting services. China Fortune Financial Group Limited serves corporate, institutional, and retail clients, as well as high net worth individuals. The company was formerly known as China Fortune Group Limited and changed its name to China Fortune Financial Group Limited in September 2011. China Fortune Financial Group Limited is headquartered in Wan Chai, Hong Kong.

81 Employees
Last Reported Date: 06/20/14

china fortune financial grou (290) Top Compensated Officers

Managing Director, Executive Director and Mem...
Total Annual Compensation: $1.6M
Executive Director
Total Annual Compensation: $705.0K
Executive Director
Total Annual Compensation: $705.0K
Compensation as of Fiscal Year 2013.

china fortune financial grou (290) Key Developments

China Fortune Financial Group Limited Announces Audited Consolidated Earnings Results for the Year Ended March 31, 2014

China Fortune Financial Group Limited announced audited consolidated earnings results for the year ended March 31, 2014. For the year, the company reported turnover of HKD 51,140,000 against HKD 46,810,000 a year ago. Loss before tax was HKD 15,591,000 against HKD 71,953,000 a year ago. Loss for the year from continuing operations was HKD 15,623,000 or 0.46 cents per diluted share against HKD 71,953,000 or 2.26 cents per diluted share a year ago. Loss attributable to owners of the company was HKD 15,254,000 or 0.46 cents per diluted share against HKD 69,002,000 or 2.18 cents per diluted share a year ago. The increase in turnover was mainly attributable to increase in turnover contributed from the gain on trading of listed securities, and service income from corporate finance. The loss for the year was principally attributable to reduction in margin interest income from securities brokerage business; change in fair value of derivative component of convertible loan notes; reduction in interest income from money lending business; and impairment loss recognized in respect of interests in joint ventures.

China Fortune Financial Group Limited Announces Executive Changes

The board of directors of China Fortune Financial Group Limited announced that Mr. ZHANG Min has tendered his resignation as executive Director, the chairman of the Board and member of the remuneration committee of the company with effect from 1 July 2014 due to his other personal commitment. The Board is announced that: with effect from 20 June 2014, Mr. TAM B Ray Billy, the independent non-executive Director, has been appointed as the chairman of the Remuneration Committee; and with effect from 1 July 2014, Mr. WONG Kam Fat Tony, the non-executive Director, will be redesignated from non-executive Director to executive Director and from vice-chairman to the chairman of the Board, and appointed as member of the Remuneration Committee in place of Mr. Zhang. Wong is the vice-chairman of the board of directors as well as the chairman of human resources and administration committee of Sik Sik Yuen. He is also the supervisor of Ho Yu College and Primary School.

China Fortune Financial Group Limited to Report Fiscal Year 2014 Final Results on Jun 20, 2014

China Fortune Financial Group Limited announced that they will report fiscal year 2014 final results on Jun 20, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
290:HK $0.12 HKD 0.00

290 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for 290.
View Industry Companies
 

Industry Analysis

290

Industry Average

Valuation 290 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 10.2x
Price/Book 1.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 4.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHINA FORTUNE FINANCIAL GROU, please visit www.290.com.hk. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.