CITIC CLSA GOES EXTRAMILE; Collaboration leads to a new level of Greater Bay Area Fintech Collaboration 

· Press Release

Hong Kong, June 15, 2022 - Goldhorse Capital Management (HK) Limited (“Goldhorse”), a Hong Kong fintech company today announced that it has signed co-operation agreements with affiliates of CITIC CLSA. CITIC CLSA is set to get further advanced in financial products distribution to the Extramile Community, while the fintech journey of CITIC Securities Wealth Management (HK) takes an advanced leap forward.

"We are privileged to partner with both the buyside and sellside of CITIC Securities at the same time to achieve mutual benefits. Extramile ecosystem has now another competitive issuer, CITIC CLSA, providing wider range of choices for our members, " said Ka Long Lee, CEO of Goldhorse. "Meanwhile, from price discovery to trend analysis, from trade execution to life-cycle management, Extramile provides all-round and bespoke solutions that matches the digital ambition of CITIC Securities Wealth Management (HK)."

"International businesses of CITIC Securities Wealth Management (HK) continues to accelerate the transformation and upgrading of its wealth management business to provide clients with a wider variety of products and services," commented Mr. James Xu, Head of Equities Derivatives & Prime Brokerage and CEO of Wealth Management at CITIC CLSA, "The growth of client base, fast-changing markets and demand for product diversification, all require
us to proactively stay ahead of our clients, to make our services digital, community-based and scalable. Extramile not only aligns with us on our industry-leading technology standard, it also offers products from CITIC CLSA. This is a win-win for us."

Built upon a user led approach, Extramile is acommunity-based, SaaS mobile sales tool served for buyside intermediaries and product issuers. Connected to dozens of investment grade rated issuers, it offers desktop and mobile apps so users can take care of their end clients anytime and anywhere. The convenience of a plug-n-play solution is popular, while White-Label solution caters to the complex and customized requirements of large organizations.

Read the release on PR Newswire.