TOP Financial Group Relocates Headquarters to Singapore Following CMS License Acquisition
Hong Kong, China – August 25, 2025 — TOP Financial Group Limited (NASDAQ: TOP), a rapidly expanding online brokerage firm previously headquartered in Hong Kong, has officially announced the relocation of its corporate headquarters to Singapore. The company’s new address is 101 Cecil Street, #13-05 Tong Eng Building, Singapore 069533. This strategic move aligns with TOP’s broader expansion plan across Southeast Asia and follows its subsidiary, TOP Financial Pte Ltd., obtaining a capital markets services (CMS) license from the Monetary Authority of Singapore (MAS) in June 2025. ### Strategic Expansion into Singapore’s Financial Hub
TOP Financial Group specializes in a diverse range of financial products and services including equity and futures trading, options, asset and fund management, trading solutions, money lending, and trust services. The company’s decision to relocate to Singapore reflects the city-state’s standing as a premier global financial center with a robust, stable political environment, favorable tax regime, and significant economic growth potential.
Chief Executive Officer Ka Fai Yuen underscored the benefits Singapore presents for the company’s long-term growth. “Singapore is one of the major financial centers in the world, with stable political policies, economic growth, and a supportive social environment, along with a low tax rate. Its mature foreign trade, financial, and banking industries are ideal for sustaining our strategic growth ambitions,” Yuen stated.
Capital Market Services License: A Key Milestone
The pivotal acquisition of the CMS license by TOP Financial Pte Ltd. authorizes the company to carry out regulated activities in dealing with capital markets in Singapore, enabling enhanced product diversification and greater flexibility for investors. This license not only allows TOP to deepen its engagement in Singapore’s developed financial sector but also serves as a gateway to explore wide-ranging business opportunities throughout Southeast Asia.
“Securing the CMS license was a critical step for us,” said Yuen. “It empowers TOP to expand its product offerings and investor services, while strategically positioning our operations to capitalize on emerging financial markets within the region.”
Overview of Operations and Subsidiaries
TOP Financial Group operates a network of subsidiaries providing comprehensive financial services:
- Zhong Yang Securities Limited and Zhong Yang Capital Limited: Licensed in Hong Kong to conduct regulated activities including dealing in securities and futures contracts, advising on securities and futures, and asset management.
- TOP 500 Sec Pty Ltd.: An Australia-licensed company offering derivatives, foreign exchange contract dealings, and financial advice.
- TOP Financial Pte Ltd.: Singapore-based subsidiary holding the CMS license for capital market dealings.
- WIN100 TECH Limited: A fintech and IT support firm delivering trading solutions globally.
- Winrich Finance Limited: A licensed money lending company in Hong Kong.
- Winrich Trust Limited: Provides trust services under Hong Kong law.
- Zhong Yang Financial Services Limited: Offers investor relations and public relations services and is progressing toward acquiring a Trust or Company Service Provider (TCSP) license in Hong Kong.
About TOP Financial Group Limited
TOP Financial Group has built a reputation as a versatile online brokerage that caters to both local and international investors. Its offerings span stock and futures trading, portfolio management, fintech tools, and financial advisory services. The move to Singapore signifies a robust commitment to broadening its footprint and harnessing the growth potential in Southeast Asian capital markets.
For more information, visit http://www.zyfgl.com/.
This press release contains forward-looking statements subject to risks and uncertainties as outlined under relevant securities laws.