Puhui Wealth Investment Management (PHCF) Soars Over 46% Today: Good Time For Good Investment?

Puhui is a wealth management service provider that offers a comprehensive suite of wealth management services to high-net-worth individuals and corporate clients. The company intends to use the proceeds from the offering to fund working capital and other general corporate purposes. After deducting the commissions and other expenses paid by the placement agent, the Company has received net proceeds of approximately $2.1 million. PHCF stock is rising over 46% in today’s pre-market session. It was closed at $2.45 of yesterday’s session. As of today, it’s trading at $3.58.

Puhui is a China-based wealth management firm that provides financial products and services to individuals and corporate clients. It was listed on the Nasdaq Capital Market on December 27, 2018. It offers various products and services to high-net-worth individual and corporate clients. It provides a variety of investment services, such as private equity funds and securities.

Anthony Gonzales

Biotech, Tech, and Crypto reporterAnthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.