Zhong Yang Financial Group Ltd.

General Information
Business:

We are a Hong Kong-based online brokerage serving institutional and individual investors in Asia. (Incorporated in the Cayman Islands) 

Zhong Yang Financial Group Ltd. is a holding company incorporated in the Cayman Islands with operations conducted in Hong Kong by its operating subsidiaries, ZYSL and ZYCL, both incorporated in Hong Kong, and WIN100 TECH, incorporated in the British Virgin Islands. We are an online brokerage firm in Hong Kong specializing in the trading of local and foreign equities, futures, and options products. We create value for our customers by providing reliable trading platforms, user-friendly web and app interface, and seamless customer support. Our operating subsidiaries generate revenues primarily by charging commission fees on futures transactions at a flat rate for each futures transaction contract. Currently our customers are mainly high volume and frequency trading institutional and individual investors. Our clients primarily reside in Asia, and we are currently focusing on expanding our customer base to Southeast Asian investors.

Our trading platforms, which our operating subsidiaries license from third parties, enable investors to place trades on more than 100 futures products on multiple exchanges around the world, including the Chicago Mercantile Exchange (CME), Hong Kong Futures Exchange Limited (HKFE), The New York Mercantile Exchange (NYMEX), The Chicago Board of Trade (CBOT), The Commodity Exchange (COMEX), Eurex Exchange (EUREX), ICE Clear Europe Limited (ICEU), Singapore Exchange (SGX), Australia Securities Exchange (ASX), Bursa Malaysia Derivatives Berhad (BMD), and Osaka Exchange (OSE). Our continuous efforts focused on offering value-added services and access to exchanges around the globe, together with user friendly experience, have enabled us to become a fast-growing online trading platform. 

Our operating subsidiaries conduct the futures and stock brokerage business through two trading platforms, Esunny for futures trading, and 2Go for stock trading, both of which were licensed from third parties and can be easily accessed through our application (APP) software and websites. 

(Note: Zhong Yang Financial Group Ltd. priced its IPO on May 31, 2022, in line with the terms in its prospectus: 5 million shares at $5 – the bottom of its $5-to-$6 price range – to raise $25 million.)

Industry: Online brokerage
Employees: 11
Founded: 2015
Contact Information
Address 118 Connaught Road West Room 1101 Hong Kong
Phone Number +852-3107-0731
Web Address http://www.zyfgl.com/
View Prospectus: Zhong Yang Financial Group Ltd.
Financial Information
Market Cap $192.5mil
Revenues $16.9 mil (last 12 months)
Net Income $5.0 mil (last 12 months)
IPO Profile
Symbol TOP
Exchange NASDAQ
Shares (millions): 5.0
Price range $5.00 - $5.00
Est. $ Volume $25.0 mil
Manager / Joint Managers Univest Securities/ Valuable Capital
CO-Managers
Expected To Trade: 6/1/2022
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change