LGHL

Lion Group Holding Set to Launch AI-driven Multi-currency Account Services by End of March

Retrieved on: 
Tuesday, March 19, 2024
RMB, OTC, AI, LGHL, Cryptocurrency

The system will adjust to different currency accounts in real-time and offer a suite of user-friendly investment tools and trading services to accommodate diverse investment strategies.

Key Points: 
  • The system will adjust to different currency accounts in real-time and offer a suite of user-friendly investment tools and trading services to accommodate diverse investment strategies.
  • Targeting global users across multiple industries, Lion's new services are designed to allow customers enjoy significant cost savings and enhanced efficiency.
  • The adoption of offshore RMB settlement in Lion's new trading services, however, mitigates these currency fluctuations and substantially supports the liquidity and flexibility of customers' financial strategies.
  • "Our new suite of enhanced AI-driven products and services will not only address but also anticipate the evolving needs of our customers," said Lion CEO Mr. Chunning (Wilson) Wang.

Lion's OTC Options Services Grows Significantly, Unlocking New Territory for Its Brokerage Business

Retrieved on: 
Monday, January 29, 2024
Risk, Fintech, LGHL, Carbon, OTC, Risk management, Security (finance)

In the fourth quarter of 2023, the Company's OTC options business revenue reached US$8 million (unaudited),  a significant increase in both nominal principle and transaction volume, with the effect of significant accretion.

Key Points: 
  • In the fourth quarter of 2023, the Company's OTC options business revenue reached US$8 million (unaudited),  a significant increase in both nominal principle and transaction volume, with the effect of significant accretion.
  • Under sensitivity analysis, the Company's OTC options business revenue is expected to reach between US$45 and US$60 million in 2024.
  • In terms of business model, the Company has adopted an advanced electronic trading platform to ensure the transparency and efficiency of each transaction.
  • Throughout the rapid development of the global OTC options markets, as a derivative product of underlying securities investment, stock options are an important supplement to equity investment tools.

Lion Announces Unaudited First Half 2023 Financial Results

Retrieved on: 
Wednesday, December 6, 2023
Sale, Policy, Risk management, TRS, Risk, Insurance, CFD, Wilson Wang, Marketing, LGHL, Total, Growth, OTC, Cryptocurrency, Lion, COVID-19

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.

Leveraging AI technology, Lion launches the intelligent trading algorithm service "Phoenix"

Retrieved on: 
Tuesday, September 5, 2023
Database, Research, Language, TWAP, VWAP, Machine learning, Algorithm, Logic, Artificial intelligence, LGHL, Growth, Ecology, AI, Safety, Medical device

HONG KONG, Sept. 5, 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 the launch of the intelligent trading algorithm service "Phoenix" based on independent innovation and research and development of AI technology, providing users with an intelligent trading service experience deeply supported by AI algorithms.

Key Points: 
  • HONG KONG, Sept. 5, 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 the launch of the intelligent trading algorithm service "Phoenix" based on independent innovation and research and development of AI technology, providing users with an intelligent trading service experience deeply supported by AI algorithms.
  • The launch of our intelligent trading algorithm service, "Phoenix" is another key development of our AI strategy following the successful creation of the intelligent investment advisory robot "Lion AI".
  • "Phoenix" is an intelligent trading service system that integrates intelligent trading, strategy customization, and margin trading and short selling.
  • From a technical perspective, Phoenix has the unique advantage of leading AI technology innovation in the industry with its rigorous technology selection and AI algorithm optimization.

Lion Announces Plan to Implement ADS Ratio Change

Retrieved on: 
Monday, July 3, 2023
DTC, Depository Trust & Clearing Corporation, Lion, Effective date, ADS, American depositary receipt, Tax, Depository Trust Company, Sale, LGHL, DRS, Security (finance)

HONG KONG, July 3, 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 that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to one (1) Class A ordinary share, to a new ADS Ratio of one (1) ADS to fifty (50) Class A ordinary shares (the "ADS Ratio Change").

Key Points: 
  • HONG KONG, July 3, 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 that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to one (1) Class A ordinary share, to a new ADS Ratio of one (1) ADS to fifty (50) Class A ordinary shares (the "ADS Ratio Change").
  • The Company anticipates that the ADS Ratio Change will be effective on or about July 13, 2023 (the "Effective Date").
  • The ADS Ratio Change will have no impact on Lion's underlying Class A ordinary shares, and no Class A ordinary shares will be issued or cancelled in connection with the ADS Ratio Change.
  • As a result of the change in the ADS Ratio, Lion's ADS trading price is expected to increase proportionally, although the Company can give no assurance that the ADS trading price after the ADS Ratio Change will be equal to or greater than fifty (50) times the ADS trading price before the change.

Lion Announces Unaudited Full Year 2022 Financial Results

Retrieved on: 
Friday, April 28, 2023
Bitcoin, Pressure, Taiwan, Advertising, Internet, Wilson Wang, Policy, TRS, COVID, Sale, Friction, OTC, Lifting, LGHL, Growth, City, Cryptocurrency, CFD

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 Internal Testing of Robo-Advisor LionAI

Retrieved on: 
Friday, March 31, 2023
SPAC, Insurance, NFT, ChatGPT, Fintech, Research, Wilson, Acquisition, LGHL, Diagnosis, AI, Cryptocurrency

Lion, with its professional technical team, has successfully created Robo-Advisor LionAI, which has entered the internal testing phase.

Key Points: 
  • Lion, with its professional technical team, has successfully created Robo-Advisor LionAI, which has entered the internal testing phase.
  • From the perspective of commercial value, LionAI is believed to have the potential to become a leading AI natural language and intelligent investment advisory system in the field of financial technology.
  • Mr. Wang Chunning (Wilson), CEO of Lion Group Holding Ltd, said, "Lion is committed to being a pioneer in the forefront of financial technology development, continuously improving operational efficiency, and addressing environmental changes and industry trends.
  • Finance, technology, and digitalization are the three cornerstones of Lion's efforts to move forward in the frontier of financial technology.

Lion Announces Move into Green Digital Finance/Carbon Finance Sector

Retrieved on: 
Friday, February 24, 2023
Carbon, Kyoto, United Nations Framework Convention on Climate Change, DMCC, Greenhouse gas, ESG, Securities and Futures Commission, Cayman Islands Monetary Authority, Digital asset, Fintech, Dubai Multi Commodities Centre, SFC, CIMA, Security (finance), CMS, Growth, NFT, Monetary Authority of Singapore, Climate change, Wilson, LGHL, Refinitiv, Kyoto Protocol, SPAC, Money, Cayman Islands, Lion, Cryptocurrency, Finance

Carbon finance refers to any and all kinds of financial transactions and institutional arrangements that serve to reduce greenhouse gas emissions (GHGs).

Key Points: 
  • Carbon finance refers to any and all kinds of financial transactions and institutional arrangements that serve to reduce greenhouse gas emissions (GHGs).
  • It originated from two international agreements, the United Nations Framework Convention on Climate Change and the Kyoto Protocol.
  • "In the future, we will continue to increase our efforts in the fields of fintech, digital carbon finance, AIGC, ESG, Web 3.0 and more.
  • Lion will devote itself to promoting the high-speed construction and high-quality sustainable development of the digital financial ecosystem business, creating meaningful growth and value for our shareholders," Mr. Wang remarked.

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

Retrieved on: 
Wednesday, February 8, 2023
Natural language processing, Non-player character, Natural language, SPAC, Data analysis, UGC, Work, Artificial intelligence, LGHL, ESG, Fintech, ChatGPT, NFT, AI, Wilson Wang, Cryptocurrency, Metaverse

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.

Lanvin Group and Primavera Capital Acquisition Corporation Announce Updates in Relation to Business Combination

Retrieved on: 
Monday, December 5, 2022
Registration statement, Person, Intellectual property, Sale, Communication, Annual report, NYSE, CRIMINAL, PCAC, Government, LGHL, COVID-19, Prospectus, Multimedia, Failure, Risk, Acquisition, Register, Risk management, Security (finance)

Forward-looking statements reflect PCAC's and Lanvin Group's expectations, plans, projections or forecasts of future events and view.

Key Points: 
  • Forward-looking statements reflect PCAC's and Lanvin Group's expectations, plans, projections or forecasts of future events and view.
  • PCAC and Lanvin Group anticipate that subsequent events and developments may cause their assessments to change.
  • In addition, the analyses of Lanvin Group and PCAC contained herein are not, and do not purport to be, appraisals of the securities, assets or business of the Lanvin Group, PCAC or any other entity.
  • This communication relates to a proposed business combination between Lanvin Group and PCAC.