Wilson Wang

Lion Announces Unaudited First Half 2023 Financial Results

Retrieved on: 
Mittwoch, Dezember 6, 2023

HONG KONG, Dec. 6, 2023 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services, today announced its unaudited financial results for the six months ended June 30, 2023.

Key Points: 
  • HONG KONG, Dec. 6, 2023 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services, today announced its unaudited financial results for the six months ended June 30, 2023.
  • Mr. Chunning (Wilson) Wang, CEO of Lion, commented, "We are pleased to report a great improvement in our overall business during the first half of 2023, with a strong rebound in the first half growing over pre-Covid revenue levels.
  • Total revenue for the first half of 2023 was US$13.3 million, a record high for the Company.
  • "The strong results in the first half demonstrate our resilience and the tangible outcomes of our continued focus on CFD and TRS trading.

Lion Announces Unaudited Full Year 2022 Financial Results

Retrieved on: 
Freitag, April 28, 2023

HONG KONG, April 28, 2023 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services, today announced its unaudited financial results for the full year ended December 31, 2022.

Key Points: 
  • HONG KONG, April 28, 2023 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services, today announced its unaudited financial results for the full year ended December 31, 2022.
  • Our general and administrative expenses decreased by 39.1% year-over-year in 2022 as a result of our internal cost control efforts.
  • TRS trading volume was $484 million and $1,074 million for the years ended December 31, 2022 and 2021, respectively.
  • Other income increased by US$1.2 million from US$0.3 million for the year ended December 31, 2021, to US$1.5 million for the year ended December 31, 2022.

Lion Announces It Will Explore ChatGPT Related AI & NLP Technologies To Empower Digital Program

Retrieved on: 
Mittwoch, Februar 8, 2023

Lion envision that this initiative will enhance core product competencies, increasing content diversity, reducing production costs, and increasing business growth.

Key Points: 
  • Lion envision that this initiative will enhance core product competencies, increasing content diversity, reducing production costs, and increasing business growth.
  • In the future, the Company will continue to study artificial intelligence grid computing ("AIGC") related technologies to inject new momentum into the development of various innovative businesses.
  • The technological breakthrough of ChatGPT will open up massive application scenarios and Lion will look at fully leveraging applicable technology for the Company's relevant innovative business sectors.
  • We believe that the application of leading AI technology will become a core feature of new content production infrastructure in the fields of Web3.0 and the metaverse.

Lion to Participate in Upcoming Maxim Conference on June 23, 2022

Retrieved on: 
Donnerstag, Juni 23, 2022

Mr. Chunning (Wilson) Wang, Chief Executive Officer of Lion, commented: "We are pleased to participate in this event and share our service offerings in the NFT and metaverse space.

Key Points: 
  • Mr. Chunning (Wilson) Wang, Chief Executive Officer of Lion, commented: "We are pleased to participate in this event and share our service offerings in the NFT and metaverse space.
  • As the market landscape continuously evolves, Lion strives to seek out new opportunities to develop our business as we continue our growth strategy and deliver meaningful value to our shareholders."
  • Lion is also fully committed to building the world's top one-stop, cross-chain, high-expansion non-fungible token (NFT) marketplace and entering metaverse space through blockchain technology.
  • Lion cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Lion Signs Letter of Intent with New Full Rich to Invest in Tajikistan's Digital Mining Project

Retrieved on: 
Donnerstag, November 18, 2021

New Full Rich specializes in the construction, development and operation of overseas digital mines and digital mining business.

Key Points: 
  • New Full Rich specializes in the construction, development and operation of overseas digital mines and digital mining business.
  • In addition, the two groups will gradually promote the construction of a 300,000-load mine field for the second phase of the Project.
  • Lion will work closely to execute the Project and expects to achieve profit sharing of US$5 million in 2022.
  • Through this project with New Full Rich, Lion's investment and operations in digital mining in Central Asia will create valuable achievements and mark another solid step for Lion in the global digital asset industry.

Lion Announces Singapore Trading License, Expanding Southeast Asia Presence

Retrieved on: 
Montag, Oktober 4, 2021

Ltd. ("Lion Singapore") has been granted a Capital Markets Service License ("CMS License") from the Monetary Authority of Singapore.

Key Points: 
  • Ltd. ("Lion Singapore") has been granted a Capital Markets Service License ("CMS License") from the Monetary Authority of Singapore.
  • "We are pleased to establish Lion into Singapore and expand our regional Asia presence," said Mr. Chunning (Wilson) Wang, CEO of Lion.
  • "As part of our strategic expansion plan, this milestone allows us to explore new business opportunities across Southeast Asia.
  • With the initiation of Lion Singapore, the group now has licenses in Hong Kong, Singapore, Cayman Islands and Dubai.