TIRX stock icon

Tian Ruixiang Holdings


Market Cap: 4.98M


About: Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.

Employees: 30

Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 2 [Q4 2023] → 2 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

0.19% less ownership

Funds ownership: 0.92% [Q4 2023] → 0.73% (-0.19%) [Q1 2024]

50% less capital invested

Capital invested by funds: $18.9K [Q4 2023] → $9.57K (-$9.38K) [Q1 2024]

Research analyst outlook

We haven’t received any recent analyst ratings for TIRX.

Financial journalist opinion

7 months ago
TIAN RUIXIANG Holdings Ltd Receives Nasdaq Notice of Deficiency Regarding Minimum Bid Price Requirement
BEIJING, Dec. 05, 2023 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that on November 30, 2023, it received a written notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), indicating that the Company is not in compliance with the minimum bid price requirement of US$1.00 per share under the Nasdaq Listing Rules (the "Listing Rules"). Based on the closing bid price of the Company's Class A ordinary shares for the last 30 consecutive business days from October 17, 2023 to November 29, 2023, the Company no longer meets the minimum bid price requirement set forth in Listing Rule 5550(a)(2). The Notice does not impact the Company's listing on the Nasdaq Capital Market at this time. In accordance with Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until May 28, 2024, to regain compliance with Listing Rule 5550(a)(2). To regain compliance, the Company's Class A ordinary shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by May 28, 2024, the Company may be eligible for additional time to regain compliance or may face delisting.
TIAN RUIXIANG Holdings Ltd Receives Nasdaq Notice of Deficiency Regarding Minimum Bid Price Requirement