SHANGHAI, September 12, 2011 /PRNewswire/ --
ChinaScope Financial (http://www.chinascopefinancial.com), an integrated provider of China-focused analytics and business intelligence, today announced it has received a strategic investment from Moody's Corporation, representing an ownership stake of approximately 16.7% of the Company.
"We are proud to have Moody's as a strategic partner, and we envision that a broad spectrum of synergies will result from this relationship," said Tom Liu, CEO of ChinaScope, "Moody's investment demonstrates confidence in the potential for growth in our Company and in the markets we serve."
The investment will help expand content offerings, upgrade technologies and enhance the Company's global and domestic sales capabilities. Additionally, ChinaScope and Moody's will seek to cooperate in commercial opportunities that benefit their customers.
"Moody's investment in ChinaScope underscores our commitment to serving the growing need among international market participants for high-quality financial information about Chinese companies," said Robert Fauber, Senior Vice President for Corporate Development at Moody's Corporation.
ChinaScope was introduced into the market in January of 2011, and its platform is utilized mainly by large and small investment banks, private equity funds, hedge funds, mutual funds, research firms, and academic institutions.
About ChinaScope Financial
Founded in 2009, ChinaScope is a web-based, all-English research platform that provides financial professionals with better access to China-related information. Seasoned in both global and Chinese investment communities, ChinaScope understands the lack of systematic and reliable analytics on Chinese companies and markets. Taking into account differences and peculiarities in accounting standards, disclosure habits, government regulations and policies, macro factors, operating environments and culture, ChinaScope helps to lower the barrier of accessing and analyzing business intelligence in China on a systematic basis. ChinaScope currently employs approximately 100 people and has clients in the US and Asia. Further information is available at http://www.chinascopefinancial.com.
SOURCE ChinaScope Financial