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| Formerly |
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|---|---|---|---|---|---|
| Company type | Public | ||||
| TYO: 9399 | |||||
| ISIN | KYG9827X1025 | ||||
| Industry | Finance | ||||
| Predecessor | Xinhua Financial Network | ||||
| Founded |
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| Founder | Fredy Bush | ||||
| Headquarters |
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Key people | GEN MATSUDA (Chairman & CEO) | ||||
 (US$4.165 million) (2015) | |||||
| Total assets |  US$19.603 million (2015) | ||||
| Total equity | US$11.842 million (2015) | ||||
| Owner |
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Number of employees | 79 (2015) | ||||
| Website | beatholdings | ||||
| Footnotes / references in a consolidated basis[1] | |||||
Beat Holdings Limited (Chinese: 貝德控股有限公司, Japanese: ビート・ホールディングス・リミテッド), formerly known as Xinhua Holdings Limited (Chinese: 新华控股有限公司; Japanese: ファイナンス・リミテッド) and Xinhua Finance, is a company founded in 1999. It is headquartered in Hong Kong, listed on the Tokyo Standard Board (9399),[2] and is engaged in the provision of financial information and services, primarily in the Chinese market. The company's subsidiary, Xinhua Finance Media Ltd, was listed on NASDAQ (Nasdaq: XFML), but was unlisted in 2011 after the exposure of a scandal.
Xinhua News Agency owned a stake in Xinhua Finance[3] of 3.45% in February 2006.[4] However, the state-owned news agency had sold all of its stake prior to 2007.[3] The agency stated in a press release in 2007 that they have no relation to Xinhua Finance.[3]
In 2013, former CEO Loretta Fredy Bush, as well as former board members Shelly S. Singhal and Dennis L. Pelino, were charged with and sentenced for conspiracy to impede the lawful functions of the Internal Revenue Service.[5] This was in connection with them being charged with engaging in a conspiracy to defraud the SEC and Xinhua Finance.[6]
- ^ a b "2015 Annual Report" (in Japanese). Xinhua Holdings. 31 March 2016. Archived from the original on 28 October 2016. Retrieved 27 October 2016 – via Financial Services Agency.
- ^ "Listed Issues". Japan Exchange Group. 3 April 2022. Retrieved 19 August 2022.
- ^ a b c "新华社关于终止与新华财经股权关系的声明(全文)" (Press release) (in Chinese). Xinhua News Agency. 28 April 2007. Archived from the original on 28 October 2016. Retrieved 27 October 2016.
- ^ Cite error: The named reference
XinhuaAnnualReport2006was invoked but never defined (see the help page). - ^ "Former CEO and Two Associates Sentenced to Prison Terms for Conspiracy to Impede the Lawful Functions of the Internal Revenue Service". U.S. Attorney for the District of Columbia. 29 April 2013. Retrieved 27 October 2016.
- ^ "Former CEO and Two Board Members of Chinese Publicly Traded Company Charged in Connection With $50 Million Scheme to Defraud" (PDF). U.S. Attorney for the District of Columbia. 10 May 2011. Retrieved 19 August 2022.