EXHIBIT 8.1
Significant Subsidiaries of the Registrant | ||
| Subsidiary | Place of Incorporation | |
| Lion Financial Group Limited | British Virgin Islands | |
| Lion Wealth Management Limited | British Virgin Islands | |
| Lion International Securities Group Limited | Hong Kong | |
| Lion Futures Limited | Hong Kong | |
| Lion Foreign Exchange Limited | Hong Kong | |
| Lion Asset Management Limited | Hong Kong | |
| BC Wealth Management Limited | Hong Kong | |
| Lion Wealth Limited | Hong Kong | |
| Lion Brokers Limited | Cayman Islands | |
| Lion Investment Fund SPC | Cayman Islands | |
| Lion International Financial (Singapore) Pte LTD | Singapore | |
| Lion Group North America Corp. | Nevada, USA | |