Hywin Holdings Brings Insights on Asian Wealth Management to Wall Street

Rhea-AI Summary

Hywin Holdings Ltd. (NASDAQ: HYW), a leading wealth management service provider in China, recently concluded a 7-day trip to the U.S. led by CFO Lawrence Lok. The trip included a virtual panel discussion on insights from Warren Buffett at Berkshire Hathaway's annual meeting and an investor luncheon in New York, engaging with multi-family offices and hedge funds. Hywin also sponsored the Ninth Annual Family Wealth Report Awards, marking its influence as the first Asian wealth manager at the event. Lok emphasized Hywin's commitment to connecting Asian and global investors.

Positive

• Successful engagement with U.S. investors enhances Hywin's visibility.
• Sponsorship of prestigious awards showcases Hywin's industry leadership.
• In-depth discussions on market trends and strategic insights improve investor relations.

Negative

• None.

SHANGHAI, China, May 05, 2022 (GLOBE NEWSWIRE) -- Lawrence Lok, Chief Financial Officer of Hywin Holdings Ltd. ("Hywin Wealth", “Hywin”, or the "Company") (NASDAQ: HYW), a leading independent wealth management service provider in China, today wrapped up a 7-day trip to the United States during which he brought Hywin’s industry-leading insights and strategic vision on Asian wealth management and private markets to investors on Wall Street.

Lok kicked off the trip on May 1 by hosting a virtual panel discussion on key takeaways from legendary investor Warren Buffett at the 2022 Berkshire Hathaway annual shareholders meeting. The panel featured six distinguished guests from top-notch U.S. and European investment management firms, including The Carlyle Group, Wellington Management, VP Bank, Barings, Cerberus Capital Management, and Aegon Asset Management.

The webinar was broadcast live to Hywin’s 130,000 clients, providing cutting-edge perspectives on market trends and offering practical guidance. The discussion touched on not only Buffett’s long-term and foresighted investing approach, but also drew contrasts between the challenges of private versus public markets, and examined how Environmental, Social and Governance (ESG) should be an integrated part of investment philosophy, rather than merely a stock-picking filter.

May 1: Panel discussion on 2022 Berkshire Hathaway annual shareholders meeting

The panel featured six distinguished guests from leading investment management firms

On May 2, Lok hosted an investor luncheon at Pendry Manhattan West Hotel in New York with leading multi-family offices, hedge funds and other buyside institutions based in New York. Lok shared the latest developments of Hywin, as well as the Company’s unique insights on China and the global asset allocation of Chinese high-net-worth individuals. Lok’s opening remarks at the event (in Mandarin Chinese) can be viewed here: https://mp.weixin.qq.com/s/fywlEgy1v17ovvDPL9s60Q

May 2: Investor luncheon

Lok and Andrew Deane of WealthBriefing speak with leading investors

In addition, Lok was invited to attend the gala dinner for “The Ninth Annual Family Wealth Report Awards 2022” at Mandarin Oriental New York on May 4. Hywin helped sponsor this highly anticipated event, together with Charles Schwab and InvestCloud. Being the first Asian wealth manager to grace this U.S. event is an indication of Hywin’s reputation and significant global impact as an industry leader.

May 4: Gala dinner for “The Ninth Annual Family Wealth Report Awards 2022”

Sponsor of the gala dinner, Hywin is the first Asian wealth manager to join the U.S. event

“This trip has been a great opportunity to speak to investors and professionals on Wall Street to share Hywin’s strategy and market insights,” Lok said, “Hywin Wealth aims to create value for not only Chinese high net worth clients, but also global investors and partners, as a bridge for ideas and capital between Asia and the rest of the world.”

About Hywin Holdings Ltd.

Hywin (NASDAQ: HYW) is a leading independent wealth management service provider in China focused on providing asset allocation advisory services and comprehensive financial products to high-net-worth clients. The Company’s primary services are wealth management, asset management, and other comprehensive financial services. Wealth management is currently the Company’s largest business segment, in which its onshore and offshore solution platforms serve clients across generations. For more information, please visit https://ir.hywinwealth.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “anticipate,” “estimate,” “forecast,” “plan,” “project,” “potential,” “continue,” “ongoing,” “expect,” “aim,” “believe,” “intend,” “may,” “should,” “will,” “is/are likely to,” “could” and similar statements. Statements that are not historical facts, including statements about the Company's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Contact:
Hywin Holdings Ltd.
Email: ir@hywinwealth.com

Media Contact:
ICR, LLC
Edmond Lococo
Phone: +86 138-1079-1408
Email: HywinPR@icrinc.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4bcd3d8c-2a1f-45dc-9a04-21458c8197a6

https://www.globenewswire.com/NewsRoom/AttachmentNg/079e122d-04a6-42c1-87f3-dcfa81b9dc82

https://www.globenewswire.com/NewsRoom/AttachmentNg/23f7e9c1-cc3e-433a-a7a7-bf7a08929de4

FAQ

What was the purpose of Hywin Holdings' recent U.S. trip?

The trip aimed to share Hywin's industry insights and strategic vision with U.S. investors.

Who represented Hywin Holdings during the trip to the U.S.?

CFO Lawrence Lok represented Hywin Holdings during the trip.

What significant event did Hywin Holdings sponsor in May 2022?

Hywin sponsored the Ninth Annual Family Wealth Report Awards in May 2022.

When did Hywin Holdings hold a panel discussion about Warren Buffett?

The panel discussion took place on May 1, 2022, during the Berkshire Hathaway annual meeting.

How does Hywin Holdings intend to create value for investors?

Hywin aims to connect Asian high-net-worth clients with global investors and partners.