Zhong Yang Financial Group Ltd

TOP Financial Group Ltd. is a holding company, which engages in the provision of futures brokerage and other financial services through a trading platform. The company was founded by Jun Li Yang on August 1, 2019 and is headquartered in Hong Kong.

Earnings data Q1 2024

Hong Kong China, Feb. 12, 2024 (GLOBE NEWSWIRE) -- TOP Financial Group Limited (the "Company") (NASDAQ: TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today announced that it has entered into a definitive agreement with certain investor for the purchase and sale of 2,000,000 ordinary shares together with warrants to purchase up to 2,000,000 ordinary shares at a combined purchase price of $2.50 per share and accompanying warrant (together the “Securities”), pursuant to a registered direct offering resulting in total gross proceeds of approximately $5 million before deducting placement agent commissions and other estimated offering expenses. The warrants will have an exercise price of $2.75, will be exercisable immediately after the date of issuance and will expire three months following the initial exercise date. The closing of the offering and sale of the Securities is expected to occur on or about February 14, 2024, subject to the satisfaction of customary closing conditions.

TOP Financial Announces $5 Million Registered Direct Offering

Shares of TOP Financial Group Ltd. fell 12.2% in premarket trades after ending Friday's session up 64.8% — the biggest daily percentage gain since April 28, 2023 when the stock rose 441.1%.

TOP Financial's stock slides after Hong Kong-based company saw huge gains

Top Financial (NASDAQ: TOP) stock price went parabolic on Friday as American equities continued their bull run. Shares of the meme stock soared to a high of $7.75, its highest point since July 2023.

What's happening with the Top Financial stock price?

Equifax

NVIDIA

Though not the most heartwarming topic, investors will likely do well to at least consider the topic of overvalued stocks to sell. Just from the “gravitational” concept, what goes up eventually comes back down.

3 Overvalued Stocks That Might Not Survive the 2024 Market

AMC Entertainment

GameStop

Meme stocks AMC and GameStop have risen and fallen on social media hype.

Are Meme Stocks A Buy Now?

Addentax Group Corp

Cheche Group Inc

Huadi International Group

Luckin Coffee

Magic Empire Global Ltd

Despite the opacity of China's economy, small-cap Chinese stocks continue to attract attention, according to Stocktwits, a social platform for investors and traders.

Traders and investors see opportunity in high-stakes ‘musical chairs' of Chinese stocks, Stocktwits says

The Hong Kong-based financial services provider is going to the investor well for more financing. It aims to raise up to $300 million through the issuance of one or several financial instruments.

Why Top Financial Group Stock Dived Suddenly Today

The Hong Kong-based financial services provider published its fiscal 2023 annual report. It boosted its revenues by 24%.

Why Top Financial Group Stock Soared 20% Higher Today

One of this morning's top earnings movers is TOP Financial Group (NASDAQ: TOP ) stock. The Hong Kong-based digital brokerage firm recently reported financial results for the fiscal year ending March 31, 2023.

TOP Stock Alert: Why Is TOP Financial Group Up 30% Today?

HONG KONG, June 30, 2023 (GLOBE NEWSWIRE) -- TOP Financial Group Limited (the "Company") (NASDAQ: TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today reported its financial results for the fiscal year ended March 31, 2023.

TOP Financial Group Limited Reports Financial Year Results Ended March 31, 2023

Shares of TOP Financial Group (NASDAQ: TOP ) stock are up by about 25% on no company-specific news. The company, headquartered in Hong Kong, engages in the provision of equities, futures and options trading through its subsidiaries.

TOP Stock Surges 25% After Company Rebounds From Stock Halts

TOP Financial Group (NASDAQ: TOP ) resumed trading yesterday after shares were suspended from May 12 to May 25. And were then suspended again from May 25 to May 30.

TOP Stock Alert: TOP Financial Group Resumes Trading

Top Financial Group (NASDAQ: TOP ) stock is on some investors' minds on Friday. Traders were hoping that TOP stock would reopen for trading today, but that was not the case.

Nasdaq Announces Trading Will Resume in TOP Stock on May 30

TOP Financial Group (NASDAQ: TOP ) stock is in focus after the Nasdaq decided to suspend shares from May 12 to May 25. Under “Reason Codes,” the exchange provided H10, T1 and T3.

TOP Stock Alert: TOP Financial Group Still Not Trading After SEC Suspension

Top Financial (NASDAQ: TOP ) stock is in the news Friday after the company's shares were suspended by the SEC. The big news here is the SEC halting trading of TOP stock as it investigates recent volatile movements.

TOP Stock Alert: SEC Suspends Trading in Top Financial

Shares of meme stock TOP Financial Group Ltd. TOP, -38.79% fell 39.4% Friday amid heavy trading volume.

Meme stock Top Financial Group plunges 39.4% on heavy trading volume

TOP Financial Group (NASDAQ: TOP ) is back at it on Wednesday, with TOP stock up more than 50% as of this writing. This action comes shortly before the Federal Reserve makes its rate-hike announcement and updates investors on its outlook.

TOP Stock: What Is Going on With TOP Financial Group Today?

Baosheng Media Group Holdings

China Jo-Jo Drugstores Holdings

GD Culture Group Limited

AMTD Digital

JX Luxventure Ltd

Leju Holdings Ltd.

Mmtec Inc

Powerbridge Technologies Co Ltd

Quhuo Limited

Sentage Holdings

Tian Ruixiang Holdings

Wah Fu Education Group Ltd

WeTrade Group Inc

Small-cap Chinese stocks have been attracting plenty of attention in recent days, according to data from Stocktwits, a social platform for investors and traders.

Small-cap Chinese stocks spark meme-like buzz

Top Financial is a small online brokerage based in Hong Kong. One trader sees the momentum behind the stock fading soon.

Why Shares of Top Financial Group Are Up Again Today

Meme stock Top Financial Group Ltd. TOP rose 8.9% in premarket trades Tuesday after ending Monday's session down 52.4%.

Meme stock Top Financial Group climbs 8.9% premarket after plummeting Monday

Amazon

Compass

Mullen Automotive

TOP Financial Group Ltd. joined the list of meme stocks last week when its shares skyrocketed more than 890% before pulling back in Monday trading.

After TOP Financial's surge, influential meme-stock trader looks for next big opportunity

Shares of meme stock TOP Financial Group Ltd. TOP fell 38.6% in premarket trades Monday after soaring to a record high last week.

Meme stock TOP Financial Group falls 38% after skyrocketing last week

TOP Financial rose well over 1,000% at one point intraday. This is an absurdity, a financial market mania.

TOP Financial: Manias Do Exist You Know

Agba Acquisition Ltd

Stocks of many Hong-Kong-headquartered companies were halted by the Nasdaq stock exchange in action reminiscent of the meme-stock era.

Hong Kong-Based Stocks Rally Hard on Nasdaq

Top Kingwin Ltd

U Power Ltd

The U.S.-listed shares of small and micro-cap Chinese firms soared on Friday, reminiscent of meme-like rallies last summer that were underpinned by strong demand from retail investors.

News for Zhong Yang Financial Group Ltd Stock (TOP)