Chinese financial consulting services provider Asia Times Holdings Ltd. (ATIF) plans to secure gross proceeds of up to $20 million from a U.S. initial public offering (IPO).

ATIF intends to extend its offerings to other Asian countries by the year 2020, including Malaysia, Vietnam, and Singapore.

In September, ATIF purchased Chinese news outlet dedicated to financial information platform www.chinacnnm.com.

And in August last year, Asia Times debuted a financial consulting service in Shenzhen named AT Consulting Center.