- Xinhua Finance
Infobox_Company
company_name = Xinhua Finance Limited
company_
foundation = November 1999
location =Hong Kong ,China
key_people = Ms. Fredy Bush, Executive Vice Chairman & Mr. Jae Lie, Chief Executive Officer Mr. Daniel Connell, Chief Operating Officer Mr. David Wang, Chief Financial Officer | company_type = Public nasdaq|XFML and tyo|9399
industry =Finance
revenue = US$257.7 million (as of December 31, 2007)
num_employees = 2,423 (as of Dec 31, 2007)
homepage = [http://www.xinhuafinance.com www.xinhuafinance.com]Xinhua Finance Limited ( _zh. 新華財經有限公司; _ja. ファイナンス・リミテッド) (tyo|9399 NASDAQ|XFML) formed in 1999 is engaged in the provision of financial information and media services in China, Japan, and the United States. It is headquartered in
Shanghai . It is listed on Tokyo Mothers Board (9399) and alsoNASDAQ (XFML), and has a network spanning 19 locations across North America, the Asia-Pacific, and Europe. As of December 31, 2007 the company has 2,423 employees.The share registrar is Tricor Investor Services Limited.History
Xinhua Financial Network, Ltd. (XFN) was incorporated in Hong Kong in November 1999. In late 2000, XFN established joint venture with FTSE Group, forming the Xinhua FTSE Index.
In 2003, it formed an international alliance with
Agence France-Presse (AFP) Finance. Xinhua Financial Network Ltd. purchased the news agencies of AFP Asian Finance in Hong Kong, Japan, South Korea, and Singapore and eight other Asian countries and regions, which expanded the coverage ofXinhua News Agency 's international network.In July 2006,
Mergent , a subsidiary of Xinhua Finance, purchased the business of Praedea Solutions, Inc., a developer of enterprise software for automated data extraction.In June 2007, XFN announced it had agreed to sell seven of its Asia-Pacific news bureaus in in
Tokyo ,Manila ,Jakarta ,Kuala Lumpur ,Singapore ,Sydney andSeoul toThomson Financial , part of Canadian publisherThomson Corp. , in order to focus on the greater China region [cite web |url= http://www.reuters.com/article/businessNews/idUSSHA12165020070601|title= Thomson buys non-China bureaus of Xinhua Finance|date= 2007-06-01|publisher= Reuters] . XFN stated they would retain their operations inBeijing ,Shanghai ,Hong Kong andTaipei , while news operations of Xinhua Finance's other subsidiaries, includingMarket News International and Stone & McCarthy Research Associates would also not change. Financial terms were not disclosed.ee also
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Xinhua PR Newswire References
External links
* [http://www.xinhuafinance.com/ Xinhua Finance Network web site]
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