HWH International partners with Asia Business College to launch Hapi Wealth program in China, promoting financial education.
Quiver AI Summary
HWH International Inc. announced a strategic partnership with Asia Business College to launch its Hapi Wealth program in China in early 2025. This flagship program focuses on providing education in equity investment and wealth-building strategies. Following a successful soft launch in November 2024, the official rollout will include a dedicated headquarters in China to conduct in-person tutorials and workshops while also delivering high-quality content in both Chinese and English. HWH aims to expand Hapi Wealth globally, with a subsequent launch planned for North America, utilizing its Hapi Cafés for program sessions and community-building. The initiative is part of HWH’s broader mission to empower individuals toward financial independence and resilience through a community-centric approach to wealth-building.
Potential Positives
- HWH International Inc. announced a strategic partnership with Asia Business College to launch its Hapi Wealth program in China, demonstrating a commitment to international expansion and financial education.
- The Hapi Wealth program, designed to provide comprehensive knowledge in equity investment and wealth-building strategies, is expected to help empower individuals towards financial independence, aligning with HWH's mission.
- The establishment of Hapi Wealth's China headquarters aims to foster community engagement through in-person tutorials and workshops, enhancing the program's effectiveness and reach.
- The collaboration aims to deliver content in both Chinese and English initially, with plans for further language expansion, broadening the program's accessibility to diverse audiences.
Potential Negatives
- The press release includes a substantial disclaimer regarding forward-looking statements, emphasizing the significant risks and uncertainties that could affect HWH's future performance, which may raise concerns among investors about the company's ability to achieve its projected goals.
- There is no mention of existing partnerships or market presence that could support the ambitious plans for global expansion, potentially indicating a lack of infrastructure or market readiness to achieve the outlined objectives.
- The reliance on a strategic partnership with Asia Business College to launch Hapi Wealth in China may come across as a vulnerability, as this could suggest that HWH lacks sufficient internal resources or expertise to independently execute the program.
FAQ
What is the Hapi Wealth program by HWH International Inc.?
The Hapi Wealth program is HWH's flagship initiative focused on equity investment and wealth-building strategies.
When will the Hapi Wealth program launch in China?
The official launch of the Hapi Wealth program in China is scheduled for the first quarter of 2025.
Where will the Hapi Wealth program be conducted in China?
Hapi Wealth sessions will take place at community colleges, Hapi Cafés, and other strategic venues across China.
What languages will the Hapi Wealth program materials be available in?
Initially, materials will be offered in Chinese and English, with plans for additional languages in the future.
How does HWH International Inc. support financial education?
HWH supports financial education through community-centric initiatives, in-person tutorials, workshops, and leveraging Hapi Cafés as learning venues.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HWH Insider Trading Activity
$HWH insiders have traded $HWH stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $HWH stock by insiders over the last 6 months:
- HENG FAI AMBROSE CHAN has traded it 3 times. They made 3 purchases, buying 10,446,301 shares and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HWH Hedge Fund Activity
We have seen 5 institutional investors add shares of $HWH stock to their portfolio, and 6 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG added 39,231 shares (+170.0%) to their portfolio in Q3 2024
- TWO SIGMA SECURITIES, LLC added 15,473 shares (+inf%) to their portfolio in Q3 2024
- POLAR ASSET MANAGEMENT PARTNERS INC. removed 14,500 shares (-100.0%) from their portfolio in Q2 2024
- CITADEL ADVISORS LLC removed 12,635 shares (-39.3%) from their portfolio in Q3 2024
- ARISTIDES CAPITAL LLC removed 10,661 shares (-100.0%) from their portfolio in Q3 2024
- XTX TOPCO LTD added 10,342 shares (+inf%) to their portfolio in Q3 2024
- BLACKROCK, INC. removed 6,632 shares (-100.0%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
BETHESDA, MD, Dec. 16, 2024 (GLOBE NEWSWIRE) -- HWH International Inc. (“HWH” or the “Company”) (Nasdaq: HWH) is pleased to announce a strategic partnership with Asia Business College to launch its Hapi Wealth program in China in the first quarter of 2025.
Hapi Wealth is HWH’s flagship program dedicated to providing comprehensive knowledge in equity investment and wealth-building strategies. Following a successful soft launch in November 2024, which garnered keen interests from selected potential facilitators, the official launch is scheduled for the first quarter of 2025. Building on the momentum, HWH plans to expand Hapi Wealth globally, with a targeted rollout in North America thereafter.
To further support its mission, Hapi Wealth has established its China headquarters as a dedicated hub, providing a collaborative and supportive environment for individuals to engage in in-person tutorials and workshops. This space is designed to foster deeper understanding of equity investment and facilitate the practical application of wealth-building strategies.
The strategic partnership with Asia Business College will further amplify HWH’s mission by delivering high-quality educational materials on equity investment and wealth-building strategies to a broader audience. The collaboration will initially focus on content delivery in Chinese and English, with plans to expand into additional languages in the near future.
HWH also plans to leverage its network of Hapi Cafés as venues for program sessions, promotions, and community-building efforts. By combining in-person engagement with its financial education initiatives, HWH aims to create a stronger connection with participants while driving interest in its broader suite of offerings. These programs will be rolled out at key locations across Asia, including community colleges, Hapi Cafés, and other strategic venues.
Asia will serve as a foundational market for Hapi Wealth, with lessons and best practices from this experience shaping the program’s expansion into North America. HWH envisions adapting its offerings to regional opportunities and partnerships in sectors such as education, retail, travel, and food and beverage.
“Hapi Wealth is designed to empower individuals on their journey toward financial independence and resilience,” said Mr. Heng Fai Chan, Executive Chairman of HWH. “This aligns with HWH’s vision as a lifestyle membership company, where promoting health, wealth, and happiness is at the core of our mission.”
Hapi Wealth is committed to making wealth-building accessible and effective through its unique, community-centric approach, equipping members with the tools to make informed financial decisions and create pathways for sustained growth.
About HWH International Inc.
HWH International Inc. is a purpose-driven lifestyle company encompassing differentiated offerings from four core pillars: Hapi Marketplace, Hapi Cafe, Hapi Travel and Hapi Wealth Builder. HWH develops new pathways to help people in their pursuit of Health, Wealth and Happiness.
For more information, visit: https://www.hwhintl.com/
About Asia Business College
Founded in 2003, Hong Kong Asia Business College is registered in business management education, academic communication, and consultation (registration Numbers: 51468047-000-11-10 – A), which is approved by the Hong Kong SAR government. Hong Kong Asia Business College is an expert in interconnecting traditional teaching and remote instruction. There are about five thousand students in the greater China, widely distributed in Hong Kong, Macao, Taiwan, Southeast Asia, and mainland China.
Based in Hong Kong with a focus on Asia, the Hong Kong Asia Business College emphasizes practicality and results over rigid forms. Specializing in corporate management research and the development of professional managers, the institution attracts a distinguished team of internationally renowned management professors and experts. By integrating the latest advancements in Western management theories with the most current practices in Asian business, the college aims to cultivate a new generation of world-class business leaders across Greater China. It also seeks to provide innovative perspectives, strategies, and solutions to support Chinese enterprises in advancing to the forefront of the global business landscape.
For more information, visit: http://www.abcollege.net.cn/
Forward Looking Statements
This press release contains, and certain oral statements made by representatives of HWH and its affiliates, from time to time may contain, “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. HWH’s actual results may differ from expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding HWH’s continued growth and expansion and its ability to deliver value to customers and investors, along with those other risks described under the heading “Risk Factors” in the registration statement on Form S-1, filed by HWH with the Securities and Exchange Commission (the “SEC”) on December 3, 2024, and those that are included in any of HWH’s future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of HWH and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. HWH undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
No Offer or Solicitation
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.
For investor and media inquiries, please contact:
HWH International Inc.
4800 Montgomery Lane, Suite 210
Bethesda, MD 20814
301-971-3955
contact@hwhintl.com