LOS ANGELES, March 3, 2021 / PRNewswire / – ATIF Holdings Restricted (Nasdaq: ATIF, the “Group”, “ATIF” or “We”), a holding group offering enterprise and advisory providers. Asia and North America, introduced the Group’s enterprise growth plan for the yr 2021, specializing in selling its asset administration, organising public advisory providers and holding investments by creating an organization of particular function acquisition (“SPAC”), which ought to emerge from the gloom of the epidemic and obtain speedy progress for the Group in 2021.
Excessive effectivity Asset Madministration Sproviders
The Group launched its first fairness funding enterprise in January 2021 and achieved best outcomes. Following a cautious evaluation of the inventory market and the event of a singular ‘liquidity + volatility’ short-term buying and selling technique, the fairness funding portfolio had a powerful affect in 2020, producing a gross return of roughly 54 .02%, exceeding the S&P 500 Index annual progress fee of 16.3% in 2020.
The Group finalized its asset administration qualification submitting in February 2021 and now neatly prepares the primary batch of US $ 50 million personal fund, whose official launch is scheduled for mid-2021 and which ought to generate a considerable return for the Group this yr.
Funding holding firm because of the creation of SPAC
The 2020 pandemic has made PSPCs the preferred IPO development, dominating a lot of the U.S. IPO market in 2020, with widespread goal industries akin to fintech, biotechnology, know-how, well being, electrical autos and client items, together with two well-known Chinese language corporations. within the fields of ed-tech and leisure.
In February 2021, ATIF has arrange a PSPC division has began work to arrange for the institution of varied PSPCs, and in keeping with the Group’s analysis and analyzes up to now, the Group could also be fascinated with contemplating acquisition targets in numerous industries together with, however not restricted to fintech, blockchain, synthetic intelligence, web, biotechnology, life sciences and prescribed drugs. ATIF is at the moment in discussions with numerous angel buyers and personal fairness funds, and may match with numerous events to ascertain a number of short-term PSPCs.
Segmentation of IPO consulting providers, launch of PSPC consulting providers
In response to the growth in SPAC listings, the Group formally launched SPAC advisory providers as a serious arm of IPO advisory providers. The Group’s in depth expertise within the areas of personal fairness, IPOs and mergers and acquisitions allows ATIF to offer such advisory providers to corporations in numerous sectors with the intention to assist them put together to turn out to be a goal of fast acquisition by a PSPC.
ATIF is in communication with numerous PSPCs with a focused curiosity in numerous industries, and ATIF might signify these corporations and join them to PSPCs already listed in america and to facilitate potential acquisition transactions.
Mr. Pishan Chi, CEO and Director of ATIF, stated, “We’ve spent a number of time learning enterprise traits and the setting within the capital market. We’ve analyzed the market setting and listened to the sounds round us and established our PSPC in a well timed method. We see these business methods as a wonderful alternative for ATIF to extend its turnover. “
“Alternatively, the asset investing exercise is in a essential start-up part. We’ve excessive expectations for this exercise because it represents our formal entry into monetary exercise and brings collectively our multidimensional analytical technique capabilities. , and we’ll spare no effort to stimulate the expansion and growth of this enterprise. “
“This yr has been essential for ATIF. Confronted with a quickly altering enterprise setting, we’re growing and increasing our foremost exercise with an excellent sense of urgency and accountability with the intention to emerge from the epidemic and obtain speedy progress in 2021, delivering sustainable returns with excessive added worth for the Group and our shareholders. “
About ATIF Holdings Restricted
Based mostly at Los Angeles, California, ATIF Holdings Restricted (“ATIF”) is a holding group specializing in asset administration, funding holding and on-line monetary data. Asia and North America. ATIF operates a monetary data providers platform on the Web IPOEX.com, which supplies premium membership providers together with market intelligence, pre-IPO coaching, IR media and SME-financial establishment matchmaking providers. ATIF’s funding holding exercise consists of offering public session, mergers and acquisitions advisory and monetary advisory providers to SMEs. ATIF has suggested a number of corporations China of their plans for public itemizing in america, ATIF plans to launch a securities funding and funding advisory service within the first quarter of 2021. For extra data, please see https://ir.atifchina.com/.
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SOURCE ATIF Holdings Restricted