TOKYO, April 4 /Xinhua-PRNewswire-FirstCall/ -- Xinhua Finance
(TSE Mothers: 9399), China's premier financial services and media company,
today announced a new venture in Japan with RiskMonster.com to market credit
rating reports on Chinese companies.
According to the agreement, RiskMonster.com that has over 2000 corporate
clients will distribute credit investigation reports on Chinese companies
compiled by Xinhua Finance to clients in Japan who have expressed a desire for
increasing amounts of data on Chinese companies.
The agreement takes effect from April 4, providing essential assistance to
Japanese companies looking to expand their business into the China mainland
market.
Xinhua Finance Japan Managing Director Kogi Chiba said the service
represented a significant expansion of Xinhua Finance's services in the Japan
market.
"Japanese companies looking to invest in Chinese companies, or to partner
with them, need more information with which to assess these companies, and
Xinhua Finance's credit ratings service offers the best reports in the
market," Mr Chiba said.
RiskMonster.com also welcomed the opportunity work closely with Xinhua
Finance, which was listed in Tokyo last October, the first China company to
list in Japan.
"RiskMonster.com's corporate clients are professional and demand a high
level of service quality, so we chose Xinhua Finance as the report provider
for this service to make it competitive," said Mr. Kenichi Sugano, President
of RiskMonster.com. "Xinhua Finance has the right network in China and great
expertise on China's financial markets."
RiskMonster.com is a credit administration service company which listed on
the Osaka Securities Exchange Hercules board on March 23. The partnership
with Xinhua Finance will allow RiskMonster.com to expand its reach to include
reports on non-Japanese companies.
Under the agreement between Xinhua Finance and RiskMonster.com, both
companies get a revenue share on all credit reports sold into the Japan market
by RiskMonster.com.
About Xinhua Finance Limited
Xinhua Finance Limited is China's premier financial services and media
company, listed on the Mothers Board of the Tokyo Stock Exchange (symbol:
9399). The Company provides financial news and information, as well as a
broad array of financial products and services unique to the China markets.
Xinhua Finance provides real time coverage of Chinese and Asian equity markets,
delivering an integrated platform of China-specific indices, financial news
feeds, credit ratings, and investor relations services to global financial
institutions and re-distributors via leased line, Internet, and satellite
technology.
Founded in 1999, the Company is headquartered in Hong Kong and has 21
offices and 19 news bureaus across Asia, Australia, North America and Europe.
For more information, see http://www.xinhuafinance.com .
For further information, please contact:
JAPAN:
Mr Sun Jiong
Tel: +81-3-3500-5328
Email: jsun@xinhuafinance.com
HK:
Ms Joy Tsang
Tel: +852-3196-3983 or +852-9486-4364
Email: joy.tsang@xinhuafinance.com
US:
The Ruth Group (PR Contact in the US)
Mr Gregory Tiberend
Tel: +1-646-536-7005
Email: gtiberend@theruthgroup.com
Mr Jason Rando
Tel: +1-646-536-7025
Email: jrando@theruthgroup.com
SOURCE Xinhua Finance Limited
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Related links:
http://www.xinhuafinance.com
CONTACT:
Ms Hu Ying of Xinhua PR Newswire,
+86-10-6515-9449, or, cncs@xprn.com; in Japan, Mr Sun Jiong,
+81-3-3500-5328, or jsun@xinhuafinance.com, in HK, Ms Joy Tsang,
+852-3196-3983, or, +852-9486 4364 or
joy.tsang@xinhuafinance.com, all of Xinhua Finance; in US, Mr
Gregory Tiberend, +1-646-536-7005, or,
gtiberend@theruthgroup.com, or Mr Jason Rando, +1-646 536-7025 or
jrando@theruthgroup.com , both of the Ruth Group for Xinhua
Finance
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