Hywin Holdings Ltd. (HYW) News
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HYW News Highlights
- For HYW, its 30 day story count is now at 5.
- Over the past 4 days, the trend for HYW's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- DEC, SON and TALK are the most mentioned tickers in articles about HYW.
Latest HYW News From Around the Web
Below are the latest news stories about HYWIN HOLDINGS LTD that investors may wish to consider to help them evaluate HYW as an investment opportunity.
Hywin's debacle underscores close links between China's property and wealth management sectorsHywin Wealth, a Shanghai-based wealth management company with ties to embattled property developer China Evergrande Group, said it would look into missed payments on its investment products, after talk of repayment difficulties sent shares of its Nasdaq-listed parent plunging to a third of its value over the past week. Hywin Wealth, controlled by Nasdaq-listed Hywin Holdings, said in a statement on Sunday that its "projects were delayed due to a declining economy", and that it had established a |
Chinese wealth manager Hywin to offer resolution plans after missed paymentsChina's Hywin Wealth Management said it is reviewing its outstanding business and will provide resolution plans to investors by month-end, following missed payments on some investment products amid Chinese property-sector woe. That shareholder is controlled by Han Xiao, son of Hywin controller Han Hongwei, local media reported. |
UPDATE 3-China's Hywin hits record low over missed payments amid property woesShares of Chinese wealth manager Hywin Holdings Ltd. fell by nearly 18% to a record low on Friday after it said that it has been unable to promptly fulfill client redemption requests. While Hywin is a small player with total assets of 2.37 billion yuan ($328 million) as of the end of June, company documents showed, its troubles show how China's faltering property sector is causing strain throughout the financial system. Hywin, whose products are primarily invested into real estate, announced on Thursday that asset managers for some products the company distributes were unable to reach an agreement with "relevant clients" to defer their redemption requests. |
China's Hywin seeks payment delay on some products amid property woesChinese wealth manager Hywin Holdings Ltd., whose products are primarily invested into real estate, said it has been unable to meet some repayments on time, a sign of spreading stress in a financial market dragged down by a property crisis. The announcement comes after market chatter on social media that the firm missed payments on some investment products. Hywin derives most of its revenues from distributing real estate products, including those investing in projects from troubled China Evergrande Group and Sunac China Holdings Ltd. |
Hywin Holdings Reports Redemption Issues Relating to Certain Asset-Backed ProductsSHANGHAI, China, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management service provider in China, today announced that redemption issues have been reported on certain asset-backed products previously distributed by the Company. The asset managers of these products were unable to reach an agreement with the relevant clients to defer redemption. While the Company acted only as distributor of these asset-backed produ |
Hywin Holdings Wins Key Honor from Hong Kong Limited Partnership Fund Association (HKLPFA)Photo 1 The Award Ceremony Photo 2 The Hywin Team Photo 3 The Award Trophy HONG KONG, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management and health management service provider in China, was recognized as “Best Provider of Family Office Services” at the “Hong Kong Limited Partnership Fund Association - Annual Awards 2023”, a tribute to its contributions to the Hong Kong-domiciled asset management |
Hywin and Tencent Cloud Form Strategic Partnership Agreement for Digital TransformationSource: HYW Hywin and Tencent Cloud Form Strategic Partnership Agreement for Digital Transformation SHANGHAI, China, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management and health management service provider in China, is pleased to announce that the Company has officially signed a strategic partnership agreement with Tencent Cloud, a leading cloud computing provider in China, to fully leverage Te |
Hywin Holdings and WealthBriefingAsia Launch Global Healthcare Trends ReportPhoto 1 The launch ceremony of the Report in Hong Kong Photo 2 More than 60 family offices, private banks, asset managers and healthcare operators attended the ceremony Photo 3 Ms. Shuming Zhu speaking at the ceremony Photo 4 Mr. Lawrence Lok sharing the key findings of the Report The launch ceremony of the Report in Hong Kong SHANGHAI, China, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management s |
Hywin Holdings Ltd. (NASDAQ:HYW) insiders have significant skin in the game with 85% ownershipKey Insights Significant insider control over Hywin Holdings implies vested interests in company growth The largest... |
Deutsche Bank ADR Investor Conference: Presentations Now Available for Online ViewingCompany Executives Share Vision and Answer Questions at VirtualInvestorConferences.comNEW YORK, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Deutsche Bank Depositary Receipts Virtual Investor Conference (“dbVIC”) held on November 8th and 9th are now available for online viewing. REGISTER NOW AT: https://bit.ly/3SyFOaq The company presentations will be available 24/7 for 90 days. Nove |