Thursday June 8, 8:03 am Eastern Time
Company Press Release
SOURCE: SINA.com
SINA.com and Charles Schwab to Empower Chinese Investors
Leading Chinese Website and Premier Online Brokerage Jointly Introduce First Class Financial Information and Services in Chinese
SAN FRANCISCO and SUNNYVALE, Calif., June 8 /PRNewswire/ -- SINA.com (Nasdaq: SINA - news; website: sina.com), a leading Internet media and services company for Chinese communities worldwide, and Charles Schwab & Co., Inc. (NYSE: SCH - news; website: schwab.com), the number one online brokerage company, have agreed to provide financial information and investment advice to the online Chinese population in the United States.
Under this agreement, SINA.com users in the United States will gain access to Schwab's renowned online trading functions as well as educational material on finance, investment, retirement and stock-all in Chinese. Schwab's information and services also include timely financial commentary from reputable analysts and researchers and are available at the newly launched Schwab@Sina investment center, schwab.sina.com .
``We are committed to introducing first class products and services of a Fortune 100 company such as Schwab to the prosperous Chinese online population,'' said Hurst Lin, U.S. General Manager and Vice President of Business Development for SINA.com. ``Chinese Americans are widely recognized by top tiered financial institutions as an affluent and active investment group. SINA.com's strategic alliance with Charles Schwab, along with an existing comprehensive finance channel, strengthens our effort to educate this bourgeoning population in making financial decisions and online transactions.''
``We are excited to be working with SINA.com, whose understanding of the Chinese online population has translated into clear leadership in the Chinese Internet industry worldwide,'' said, Larry Yu, Senior Vice President of Asia Pacific Services at Charles Schwab. ``We are proud to be empowering Chinese web audiences with financial and investment knowledge, which supports our overall goal of creating smart investors through education and comprehensive services. We look forward to expanding the online investment community with SINA.com.''
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