Crypto, Personal Finance, Technology, Tools

Galileo FX Breaks New Ground in Crypto Trading Accuracy

In a game-changing development for the cryptocurrency market, Galileo FX, a leader in automated trading solutions, has announced a significant breakthrough. The company’s advanced algorithm has achieved an astonishing 99% accuracy rate, setting a new industry standard and positioning Galileo FX at the forefront of crypto trading technology.

Galileo FX’s cutting-edge algorithm has shown remarkable performance across major cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin. These digital assets are the mainstay of Galileo FX’s trading strategies.

From January 2024 to June 2024, Galileo FX underwent rigorous testing, demonstrating its superior predictive capabilities in a variety of market conditions. During this period, the trading bot executed over 10,000 trades with an extraordinary success rate.

High-Risk Strategies Yield High Rewards

For investors willing to take on higher risks, Galileo FX delivered impressive results. Despite drawdowns of up to 25%, the system maintained exceptional accuracy and profitability. This strategy proved highly effective during volatile market periods, capitalizing on significant price swings. Users reported gains of over 200% within three months. John L., an early adopter of this high-risk strategy, said, “The returns have been phenomenal. I’ve never seen anything like it.”

Balanced Strategies for Steady Returns

For those preferring a balanced approach, Galileo FX offered consistent profits with drawdowns around 15%. This strategy combines security with substantial returns, adaptable to varying market conditions. Users experienced steady growth, with average monthly returns of 15%. Sarah M., who opted for a moderate-risk strategy, noted, “It’s the perfect balance for me. I feel secure yet still see impressive returns.”

Conservative Strategies for Reliable Growth

For conservative investors seeking steady growth, Galileo FX provided stable performance with minimal drawdowns of 5%. This approach ensured capital preservation while delivering reliable gains, averaging monthly returns of 5%. Michael R., a cautious investor, commented, “Galileo FX gives me peace of mind and consistent growth, exactly what I need.”

Automated Trading vs. Traditional Investing

Using a trading bot like Galileo FX is a fundamentally different approach compared to traditional investing. A trading bot actively scans the market and executes trades automatically based on predefined algorithms. This method allows for a high volume of trades, enabling investors to capitalize on small price movements and potentially generate substantial profits. The bot’s ability to operate 24/7 ensures that trading opportunities are never missed.

In contrast, traditional investing typically involves buying and holding assets over a longer period, relying on gradual appreciation rather than frequent trades. This approach requires less active management and is associated with lower risk and steadier, long-term gains.

Galileo FX bridges the gap by offering an automated solution that leverages the benefits of trading bots while minimizing the need for constant manual oversight. This innovation provides everyday investors with the potential for higher returns without the intensive time commitment typically required for active trading.

Galileo FX invites investors of all experience levels to explore its state-of-the-art trading bot and experience the benefits of its highly accurate trading solutions.

For more information, please visit Galileo FX’s official website or contact the sales team at: sales@galileofx.com.

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HPH Announces Changes to the Board of Directors

2024-10-01T20:30:00Z

GUANGZHOU, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The board of directors (the “Board”) of Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced the appointment of Ms. Hang Suong Nguyen (“Ms. Nguyen”) as the new chairwoman of the Board, effective from September 30, 2024. Ms. Nguyen will succeed Mr. Chin Hua Peh, who will continue to serve as a director of the Company.

Ms. Hang Suong Nguyen, Director and the Chairwoman of the Board

Ms. Hang Suong Nguyen has over 10 years of investment management experience. Since October 2019, Ms. Nguyen has been serving as Deputy Director of International Investment Strategy at Voyager Labs Limited (Global Leader in Advanced AI-based Survey solutions), enabling global organizations to gain in-depth investigative insights on entities, individuals, groups and topics. She also served as vice president of Doji group (formerly TTD Technology Development and Trading Company) from 2016 to 2019. Previously, Ms. Nguyen served as head of investment at VNG Corporation from 2013 to 2016. VNG Corporation is Vietnam's leading local digital AI ecosystem, providing diverse products and services through four key business units: gaming, communications and media, fintech and digital services. From 2010 to 2013, she served in management roles for the Empower Consulting Group. Ms. Nguyen obtained her bachelor’s degree in international business from Vietnam National University in 2008 and her MBA degree from Hanoi University of Science and Technology (HUST) in 2009.

The Board also announces that Mr. Jidong Luo has decided to resign from the Board as director and chairman of the audit committee due to personal reasons, effective from September 30, 2024.

The Board has also appointed the following individuals to new roles of the Company, effective from September 30, 2024:

Dr. Lihong Zhai, as independent director and the chairman of the audit committee;

Ms. Min Zhou, as independent director and the chairwoman of the nominating and governance Committee; and

Ms. Yingying Li, as independent director and the chairwoman of the compensation committee.

Ms. Min Zhou, Independent Director and the Chairwoman of the Nominating and Governance Committee

Ms. Min Zhou has been an executive director of Tian Ruixiang Holdings Ltd (NASDAQ “TIRX”) since April 2024. Prior to this role, Ms. Zhou worked as an investment manager at Huobi Capital from September 2021 to September 2022, where she developing investment plans and agreements for participating in the negotiation and trading of investment projects. She has rich experience in supervising the operation and development of investment projects. From September 2016 to June 2021, Ms. Zhou was the business development manager of Delta Insurance Brokerage Co. , Ltd. Ms. Zhou has extensive experience in ensuring compliance with securities laws and regulations, protecting shareholders’ interests, as well as participating in the formulation of company strategy and supervising management implementation to promote the company’s long-term development and enhance shareholder value. Ms. Zhou graduated from Hunan University with a bachelor’s degree in mechanical automation.

Ms. Yingying Li, Independent Director and the Chairwoman of the Compensation Committee

Since 2022, Ms. Yingying Li has served as the OEM cotton product director at Qinshu (Shanghai) Trading Co., Ltd. From July 2021 to October 2022, Ms. Li served as the general manager of the Product Planning Department at Shanghai Metersbonwe Fashion Co., Ltd., where she had extensive experience in leading the planning team to collect, sort, analyze fashion trends, and develop product strategies based on brand positioning and annual business goals. She also had experience in preparing planning proposals, themes, and quarterly development timetables. From October 2017 to June 2021, Ms. Li served as the manager of the Product Planning Department at E-Land Group. She had extensive experience in leading the planning, design, and production teams in conducting product sketch review, sample review at selection meetings, and pricing work to ensure product completion. Ms. Li graduated from Donghua University with a Master’s degree in textile engineering.

Following the foregoing changes, our Board consists of eight directors, three of which are independent directors, and is chaired by Ms. Nguyen. Our current directors as of the date of this press release are as follows:

   
Name Position
Hang Suong Nguyen· Chairwoman of the board
Yinan Hu Vice-Chairman and Chief Executive Officer
Youjie Kong Director
Yong Ren Director
Chin Hua Peh Director
Lihong Zhai Independent Director and the Chairman of Audit Committee
Min Zhou Independent Director and the Chairwoman of Nominating and Governance Committee
Yingying Li Independent Director and the Chairwoman of Compensation Committee
   

Mr. Yinan Hu, vice-chairman and chief executive officer of HPH, commented: “We would like to extend our warmest welcome to Ms. Nguyen, our new Chairwoman. Ms. Nguyen brings a wealth of industry experience, outstanding leadership, and sharp market insight. I believe her joining will bring new development ideas and opportunities to the Company. Under her leadership, the Company is sure to make great strides in its journey to transform into an intelligent service provider for families and businesses, achieving our mission and making new leaps forward. At the same time, we sincerely thank the outgoing Board member for his valuable contributions to the Company. Together, we will ensure a smooth transition and maintain the momentum of our growth.”

Ms. Hang Suong Nguyen, chairwoman of HPH, said: “As HPH embarks on its journey of transforming into an intelligent service provider for families and businesses, I look forward to working closely with the Board and management to actively drive the Company’s innovation. By fully leveraging the power of technology, we will build an AI-driven service platform that offers comprehensive and personalized solutions for families and businesses, while also creating greater value for shareholders.”

Forward-looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When HPH uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from HPH’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: HPH’s ability to obtain proceeds from the Agreement; HPH’s goals and strategies; HPH’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the third-party wealth management industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets HPH serves and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by HPH with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in HPH’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. HPH undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Highest Performances Holdings Inc.

CONTACT: For more information, please contact:

Highest Performances Holdings Inc.
Tel: +86-20-28866499
Email: [email protected]

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