BEIJING, Oct. 2 /PRNewswire-Asia/ -- China Finance Online Co. Limited (Nasdaq: JRJC), a leading Chinese online financial information and listed company data provider, today announced that it has entered into a definitive agreement with HKEx Information Services Limited (HKEx-IS), a business subsidiary of Hong Kong Exchanges and Clearing Limited Group. Under the agreement, www.JRJ.com, one of the most popular Chinese finance websites owned by China Finance Online, will become the first HKEx-IS designated finance portal in mainland China to provide free real-time basic market prices to global investors. The trial version of the services will be available starting October 5, 2009, with the official launch of the services on January 1, 2010. JRJ.com is authorized to provide free real-time prices of all securities traded on the Hong Kong Stock Exchange.
JRJ.com is one of the leading finance portals in mainland China to provide comprehensive and timely coverage of Hong Kong market. With the addition of "Free Real-time Market Prices," JRJ.com will play a significant role in helping mainland investors understand and invest in Hong Kong market.
"This agreement with HKEx-IS is strategically important to us," said, Mr. Zhiwei Zhao, CEO of China Finance Online. "It will further strengthen our leading position in providing Hong Kong market related financial information and services to mainland China investors."
About China Finance Online Co. Limited
China Finance Online Co. Limited is the market leader in providing online financial and listed company data, information and analytics in China. Through its websites, http://www.jrj.com and http://www.stockstar.com, the company provides individual users with subscription-based service packages that integrate financial and listed company data, information and analytics from multiple sources with features and functions such as data and information search, retrieval, delivery, storage and analysis. These features and functions are delivered through proprietary software available by download, through internet or through mobile handsets. Through its subsidiary, Shenzhen Genius Information Technology Co. Ltd, the Company provides financial information database and analytics to institutional customers including domestic securities and investment firms. Through its subsidiary, Daily Growth Investment Company Limited, the Company provides securities brokerage services for stocks listed on Hong Kong Stock Exchange.