Strategic alliance provides Firstock members with direct access to
Chinese-language news releases from PR Newswire
NEW YORK, Dec. 9 /PRNewswire/ -- PR Newswire and Firstock Global
Investment Services Inc. (Firstock), a specialized Chinese financial Web site,
today announced a strategic alliance in which PR Newswire will deliver
Chinese-language news releases directly to Firstock, and its up to 10,000
unique visitors, the vast majority of whom are stock traders and come to the
site on a regular basis to update themselves on the latest stock and financial
markets news.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000306/PRNLOGO )
Chinese-language news releases from PR Newswire will be available through
a designated channel on Firstock's Web site as the news crosses the wire.
News releases will be displayed in chronological order from most recent to
most distant, and users will have the option to access specific company and
industry information through ticker and category searches.
"The rapid expansion of China's economy has created a groundswell of
investor interest from the more than 3.8 million people of Chinese origin in
the United States and Canada. Yet, this incentive to invest has been offset by
a difficulty for Chinese speakers to obtain news and financial information in
their native language," commented Patricia Canary, vice president of
International Services for PR Newswire. "The alliance between PR Newswire and
Firstock helps to remedy this situation by providing Chinese-language news
releases to Firstock's content-rich, in-language financial web site, thus
giving Chinese investors a full complement of strategic and actionable
investment tools and market information."
Distribution to Firstock is part of PR Newswire's North American
Chinese-language circuit. News releases distributed via this circuit are
written or translated into Chinese and disseminated to the over 280
Chinese-language newspapers, magazines, TV stations, radio stations, satellite
broadcasters, online news outlets, portals and websites across the United
States and Canada -- from major newspapers including World Journal, Ming Pao
Daily, Sing Tao Daily, International Daily and the China Press to local and
regional newspapers and radio stations in cities and regions with a Chinese
community across North America.
Cities and metropolitan areas covered in the circuit include Atlanta,
Austin, Boston, Chicago, Dallas, Denver, Detroit, Honolulu, Houston, Las
Vegas, Los Angeles, Miami Beach/Fort Lauderdale, New York, Philadelphia,
Phoenix, Portland (Ore.), St. Louis, Salt Lake City, San Diego, San
Francisco/Silicon Valley, Seattle, Tucson and Washington in the USA; and
Calgary, Edmonton, Montreal, Ottawa, Toronto, Vancouver and Winnipeg in
Canada. Distribution to AFX Asia, Bloomberg, Charles Schwab, Dow Jones
Chinese Language Service, Reuters (Chinese Domestic and Chinese News
Services), Yahoo! Chinese, and Factiva among others, is also included.
Members can choose to distribute to the circuit on its own or in combination
with PR Newswire's premium national newsline, US1, or any of the company's
in-region newslines in China.
"It is a challenge for the majority of Chinese investors who must work in
English to obtain information or participate in investment opportunities
involving stocks, options, bonds or foreign exchange trading," said Yu
Chiping, Firstock founder, president and CEO. "By partnering with PR Newswire,
Firstock will be able to provide our users with up-to-the-second
Chinese-language news on the leading companies in North America and China."
About PR Newswire
Now in its 50th year, PR Newswire Association LLC
(http://www.prnewswire.com) provides electronic distribution, targeting,
measurement, translation and broadcast services on behalf of some 40,000
corporate, government, association, labor, non-profit, and other customers
worldwide. Using PR Newswire, these organizations reach a variety of critical
audiences including the news media, the investment community, government
decision-makers, and the general public with their up-to-the-minute, full-text
news developments.
Established in 1954, PR Newswire has offices in 10 countries and routinely
sends its customers' news to outlets in 135 countries and in 30 languages.
Utilizing the latest in communications technology, PR Newswire content is
considered a mainstay among news reporters, investors and individuals who seek
breaking news from the source. PR Newswire's leading services include ProfNet
Experts(SM), eWatch(TM), MEDIAtlas(TM), NewsPrompt(TM), Search Engine
Visibility (SEV) and MultiVu(TM). PR Newswire is a subsidiary of United
Business Media plc of London.
Through its International Services division, PR Newswire offers companies
around the world the ability to disseminate news in their language of choice,
and also have releases translated into several languages, including Simplified
and Traditional Chinese.
About Firstock Global Investment Services Inc.
Founded in 2002, Toronto-based Firstock Global Investment Services Inc.
(Firstock) provides investors with Chinese-language financial news, market
trends, company information, stock price quotes, share performance analysis,
technical analysis, stock charting and buy recommendations to over 2,500
registered members in the USA, Canada and 15 countries around the world. With
its functionality-rich and content-rich, easy-to-navigate and quick response
online investment information service, Firstock's functionality-rich and
content-rich, easy-to-navigate and quick response investment information
website is North America's most specialized in-language financial information
service for Chinese investors who prefer to do their investing in their native
language. According to website ranking analyzer http://www.alexa.com,
Firstock's website http://www.firstock.com is the leading Chinese-language
investment web site in North America. Firstock is a Canadian federally
registered limited liability company.
Firstock has developed a top of the line Chinese-language classification
system for 7,000 leading US and Canadian stocks as well as for all PRC, Hong
Kong and Taiwanese companies that trade on US and Canadian exchanges, allowing
comparison and sorting by ticker symbol, quoted price, trading price range,
earnings, P/E ratios, analysts rankings among other data points.
For more information, please contact:
PR Newswire:
Rachel Asche, Director, Public Relations
Tel: 212.282.1929
Fax: 212.596.1506
Email: Rachel.asche@prnewswire.com
Firstock:
Sherry Peng, Senior Assistant to President
Tel: 416.386.9919
Fax: 416.696-5427
Email: sherrypeng@firstock.com
SOURCE PR Newswire
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Related links:
http://www.prnewswire.com
http://www.firstock.com http://www.alexa.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20000306/PRNLOGO
AP Archive: http://photoarchive.ap.org
CONTACT:
Rachel Asche, Director, Public Relations of
PR Newswire, +1-212-282-1929, or fax, +1-212-596-1506,
Rachel.asche@prnewswire.com; or Sherry Peng, Senior Assistant to
President of Firstock, +1-416-386-9919, or fax, +1-416-696-5427,
sherrypeng@firstock.com
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