Hithink RoyalFlush

Hithink RoyalFlush, known in Chinese as 同花顺 and commonly rendered in English as Hithink RoyalFlush or RoyalFlush, is a Chinese financial-information and investment-technology brand. Its principal consumer-facing website is 10jqka.com.cn, and its products are centered on securities-market information, quotation data, investment analysis, trading-related tools, and financial services delivered through websites, desktop software, and mobile applications. The brand is associated with Zhejiang Hithink RoyalFlush Information Network Co., Ltd., a Hangzhou-based technology company established in the early 2000s. It developed during the expansion of China's online securities-information market, when investors increasingly moved from printed market publications and broker-provided terminals toward internet-based quotations, charts, news, research tools, and portfolio monitoring. The company's core proposition has been to aggregate market data and analytical functions into accessible products for individual investors, while also supplying technology and information services to securities firms, financial institutions, and other professional customers. RoyalFlush's consumer ecosystem covers real-time and delayed market quotations, historical price and volume data, financial statements, technical indicators, stock-screening functions, watchlists, portfolio tools, market news, research content, and information about listed companies and funds. Availability and functionality can vary by product, market, licensing arrangement, and subscription tier. Some data and services are provided without charge, while advanced information, analytics, tools, or services may require payment or an institutional agreement. A major part of the brand's identity is its software-and-data platform rather than a conventional financial product. The company does not primarily present itself as a bank or asset manager; instead, it operates as a financial-information and digital-services provider supporting investment research and decision-making. Its products are used by retail investors in mainland China and by financial-sector customers that need market-data interfaces, investor-service tools, or digital-finance infrastructure. The company became a listed enterprise on the Shenzhen Stock Exchange in 2009. Public-company status expanded the visibility of the RoyalFlush brand and provided a platform for continued investment in data infrastructure, software development, mobile distribution, artificial-intelligence applications, and financial-technology services. The brand has remained closely identified with the 同花顺 name and the 10jqka.com.cn domain. The supplied English label, “Hexun Flush,” is ambiguous and appears to combine Hexun, a separate Chinese financial-media brand, with 同花顺. The Chinese name 同花顺 and the supplied website identify the subject as Hithink RoyalFlush rather than Hexun. This dossier therefore covers Hithink RoyalFlush and marks the naming issue for review.

Hithink RoyalFlush emerged in Hangzhou during the early development of China's internet-based securities-information industry. The company was established in 2001, a period in which online access to stock quotations, company disclosures, market commentary, and analytical tools was becoming increasingly important to Chinese investors. Its business developed around the delivery of financial information through software and internet platforms rather than through a traditional branch-based financial-services model. The RoyalFlush proposition was built on consolidating multiple investment-information functions in one user environment. Retail users could access market quotations, price charts, technical indicators, company information, news, and screening tools, while professional customers could use data services and technology products in their own financial-service operations. The company's products were distributed through web services, desktop applications, and, as mobile internet expanded, smartphone applications. During the 2000s, China's securities market and internet economy grew together. Brokerages, exchanges, listed companies, financial-media organizations, and independent technology providers all increased their use of digital channels. RoyalFlush benefited from this structural shift by developing a recognizable consumer brand around the Chinese name 同花顺 and by making investment information available to a broad retail audience. Its service model combined publicly accessible information with premium data, analytics, and institution-oriented offerings. The company completed its listing on the Shenzhen Stock Exchange in 2009 under stock code 300033. The listing formalized its position as a public financial-technology company and increased the transparency and scale associated with the business. Following the listing, its development continued to emphasize software products, market-data services, mobile distribution, financial institutions, and technology investment. As Chinese investors increasingly used smartphones and online accounts to follow markets, the mobile application became an important channel alongside the company's website and desktop software. RoyalFlush's later development has reflected the broader evolution of wealth technology. Its service range has included financial news, fund and securities information, portfolio monitoring, investment research tools, data visualization, screening, and technology services for financial institutions. Like other market-information platforms, it operates in a regulated environment in which data licensing, securities-related communications, privacy, cybersecurity, and investor-protection requirements affect product design and distribution. The brand should be distinguished from Hexun, another Chinese financial-information name. “Hexun Flush” is not a reliable standard English identification for 同花顺. The available Chinese name and the 10jqka.com.cn website point to Zhejiang Hithink RoyalFlush Information Network Co., Ltd. and its RoyalFlush brand. Because the supplied subject name conflates two separate names, the identity mapping remains flagged for editorial review even though the intended Chinese brand is reasonably clear.

• 2009

  Shenzhen Stock Exchange listing

  [2]Shenzhen Stock Exchangeszse.cn

  The company became publicly listed on the Shenzhen Stock Exchange under stock code 300033.

• 2001

  Company established

  [1]Hithink RoyalFlush official website10jqka.com.cn

  Zhejiang Hithink RoyalFlush Information Network Co., Ltd. was established in Hangzhou and began developing financial-information and investment-technology services.

A Chinese financial-information and wealth-technology platform combining securities-market data, investment-analysis tools, financial news, and digital services for retail and institutional users.

• Financial-information portal

  10jqka.com.cn

  The brand's principal web portal provides securities-market quotations, financial news, company information, charts, investment-analysis content, and tools for monitoring stocks, funds, and other market instruments. The portal functions as a broad entry point into the RoyalFlush information ecosystem, combining publicly accessible resources with features that may be subject to product, data, or subscription conditions.

• Mobile investment-information application

  同花顺 mobile application

  The mobile application extends RoyalFlush's market-information and investor-tool offering to smartphones. Typical functions include market quotations, watchlists, charts, news, company and fund information, portfolio monitoring, and screening or analysis features. Exact functionality depends on the relevant version, market, data permissions, and user services.

• Desktop market-data and analysis software

  同花顺 desktop software

  RoyalFlush desktop software is designed for users who need a fuller market-monitoring and analysis workspace. It brings together quotations, historical data, charts, technical indicators, financial information, screening, and related research or news functions. The software is primarily an information and analysis tool rather than a deposit-taking or asset-management product.

• B2B financial technology

  Institutional financial-technology services

  The company also supplies technology and information capabilities to financial institutions and other professional customers. These services can support market-data presentation, digital investor services, information systems, and related financial-platform functions. Specific modules and customer arrangements are not treated as a single consumer product because they vary by institutional contract.

• 2024

  Investment advisory business suspended from adding new clients over exaggerated promotion and disguised return promises

  In November 2024, the CSRC Zhejiang Bureau found that Zhejiang Hithink RoyalFlush Cloud Software Co., Ltd. engaged in exaggerated and misleading promotion and disguised promises of returns, and that some personnel providing investment advice were not registered as securities investment advisers. It ordered correction and suspended the addition of new clients. The specific responsible entity is Hithink's cloud software subsidiary.

  Source

• 2016

  Administrative penalty from CSRC for illegal securities business

  On November 25, 2016, the CSRC found that Hithink RoyalFlush, knowing that clients did not have securities business qualifications, still provided asset management systems and clearing services, constituting illegal securities business. It confiscated illegal gains of approximately 2.177 million yuan, imposed a fine of approximately 6.531 million yuan, and penalized responsible persons. This entry is an administrative penalty record.

  Source

Read more

1. 1Hithink RoyalFlush official website10jqka.com.cn
2. 2Shenzhen Stock Exchangeszse.cn
3. 3同花顺财经__让投资变得更简单10jqka.com.cn
4. 4Investment advisory business suspended from adding new clients over exaggerated promotion and disguised return promisescsrc.gov.cn
5. 5Administrative penalty from CSRC for illegal securities businesscsrc.gov.cn