Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) intends to commence the first Chinese daily video news broadcast from the NYSE, covering cryptocurrency and its underlying technology – Blockchain.
Wall Street Multimedia (“WSM”), an autonomous news agency located in the NYSE, will produce the videos. After it starts airing, most probably in October, the broadcasts will provide exclusive analysis and timely information pertaining to all facets of the emerging digital currency world, including cryptocurrencies like ‘Ethereum’ and ‘Bitcoin’, price movements, industry trends, sector-related stocks, ETFs and Blockchain technology.
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“I have been following the progression of the cryptocurrency market closely since 2014,” states Warren Wang, Founder and CEO of CIIX, in a news release.
“Since January 2015, the price of bitcoin has increased 500% from $200 to $1,000 in January 2017, and recently spiked to a record high over $4,800. For example, during the Cyprus bank crisis, the government imposed tax on savings accounts to make up for losses on bank books. During this crisis, Bitcoin reached nearly $1,000. Recently, with Bitcoin being recognized as an accepted payment method in Japan, coupled with the limited quantities of Bitcoin being issued in the market, the price of Bitcoin exceeded $4,000. As the cryptocurrency market continues to grow, we believe this is the optimal time to launch our daily Chinese digital currency news broadcast in conjunction with WSM from the NYSE.”
A professional financial media company, Wall Street Multimedia, Inc. gathers information from global financial markets to deliver it to Chinese audiences globally. WSM is one of the first Chinese media agencies to report trends and developments in the U.S. securities market. Consequently, WSM shares good rapport with the foremost U.S. stock exchanges dating back many years. In light of that, WSM is the only Chinese media outlet having instant access to information from several prominent U.S. stock exchanges simultaneously. Besides, it is capable of conducting on-site interviews in those stock exchanges, namely – NYSE, the American Stock Exchange, the New York Mercantile Exchange, the NASDAQ and the Chicago Mercantile Exchange.
Wang states:
“After the recent launch of our Cryptocurrency Education and Trading Subscription Service, the Company decided to further expand its presence in the digital currency market. Similar to U.S. stocks, as the price of digital currency, such as bitcoin, continues to increase, Chinese people all over the world will take notice and will want access to timely information regarding market trends, news, and analysis. We look forward to being the premier source for this information.”
ChineseInvestors.com, established in 1999, has innovation running through its veins. The company intends to provide a broad range of services including advertising, public relation, retail, online and direct sale of hemp-based products; and endeavors to deliver real-time market analysis, commentary and educational related services in Chinese language character sets.
This news has forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are uncertain, only predictions, based on current assumptions and expectations.
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