Solowin Holdings (NASDAQ:SWIN) shares are falling sharply Thursday following a spike of over 135% last week. Here's a look at what's going on.
What To Know:
The company announced its expansion into the private wealth management business under its newly formed Hong Kong subsidiary, Solomon Private Wealth Limited.
Solowin Holdings said it expects to serve a range of high-net-worth individuals, family offices, and trusts, by offering wealth management services and solutions in traditional and virtual asset classes.
“We are dedicated to empowering our clients and investors with a comprehensive suite of services that are designed to manage, diversify, preserve, and grow wealth with confidence. We understand the importance of capital preservation for our high-net-worth clients, so we are strategically expanding our investment into our private wealth management business to better serve the increasing demand for high-quality services we are seeing ...