ACN Newswire and Finet Agree to HK and Mainland Chinese News Distribution

May 14, 2010 12:43 JST

Source: Finet Group Ltd

HONG KONG, May 14, 2010 - (ACN Newswire) - ACN Newswire and Finet Group (HK:8317) have agreed on a partnership that will see ACN Newswire content in English, Traditional Chinese (HK & TW), and Simplified Chinese (Mainland China) integrated into Finet's products and distributed across the Finet price and data network in Hong Kong and mainland China.

Finet Group's products and services are categorized into three types: Finet Information Technology Solutions ("FITS") for corporate customers, Finet PowerStation ("FPS") for professional investors, and Finet Web Products for retail investors.

FITS is a proprietary technology platform for standardizing and deploying financial information systems, database management and content provision from a wide range of internal and external sources. FITS is built upon the increasing demand from banks and brokerage houses for online securities trading and Internet-based technologies for database management and financial content provision.

FPS is the Group's revolutionary terminal product with a focus on Chinese language content. As a stand-alone application software, FPS offers an integrated solution for cross region financial news and data analysis in one place and provides brokerage houses, banks, fund managers and professional investors a user-friendly interface to access in-depth market data, comprehensive news, advanced charting functions and listed company fundamentals.

Finet Web Products are provided through the popular websites www.finet.hk and www.finet.com.cn for individual investors. The Group has bundled its content offerings, including real-time market data on stocks, warrants, options and futures, and analytical tools or the Hong Kong and US markets, into modular information packages which power these market-leading websites.

About Finet

Finet Group Limited ("Finet Group") is a company listed on the Growth Enterprise Market of Stock Exchange of Hong Kong Limited with a stock code of HK:8317. Finet Group is a premier financial media and information provider engaging in the development, production and provision of financial information services and technology solutions to corporate clients and individual investors. Developed based on Internet technologies, the Group's products and services have been used by major banks, brokerage houses, institutional investors, retail investors for real-time financial data transmission, financial content management and financial information solutions to help online securities trading and investment decision making. www.finet.hk.

Contact:

Ben Lin
Chief Operating Officer
Finet Group Ltd.
Tel: +852-2110-3690
Fax: +852-2110-0186
benlin@finet.com.hk

Bruce Porter
Managing Director
ACN Newswire 
Tel: +81-3-5791-1821
Fax: +81-3-5791-1813
Email: bruce.porter@acnnewswire.com

Source: Finet Group Ltd
Sectors: Broadcast, Film & Sat