Hong Kong, March 21, 2001 - Financial services group Hantec Holdings Limited today announces the commencement of full operation of Cosmos International Money Brokers Ltd, the Group's new money broking arm that serves to complement its existing financial product offering.

Cosmos is a wholly-owned subsidiary of Hantec Holdings and is one of the few money dealers in Hong Kong licensed under the Hong Kong Monetary Authority. It aims to serve the banking and finance sector of Hong Kong through provision of professional services in the money, foreign exchange, notes and capital markets. In its initial stage of establishment, Cosmos provides local and foreign currency dealing, HKD and USD spot and futures. The company will extend its services to cover notes and bonds trading, derivatives and other consultancy services in the near future.

"Being one of the few authorised money dealers in Hong Kong, we are confident of our future business rollouts and prospects. We will also leverage on the favourable macro factors, and draw on the support of the brokers' industry and the Hantec Group to extend our reach in Hong Kong and eventually to other overseas markets," noted Mr PS Choy, Chief Executive Officer, Cosmos International Money Brokers.

Mr Andrew Tang, Vice Chairman of Hantec Holdings added, "Hantec is a leading foreign exchange market participant in Hong Kong, with well-established position and clientele. Our expansion into money broking is a natural progression of our Group's developments towards a one-stop financial services provider, and is extremely synergistic with existing services of our Group."

Based in Hong Kong, Cosmos has business connections in London, Tokyo, Singapore, Taipei and Macau. The company will actively pursue to establish representative offices in Beijing, Shanghai and other major cities in China, following her accession to the WTO.

About Cosmos International Money Brokers Ltd
Cosmos is a wholly-owned subsidiary of Hantec Holdings Limited, and is one of the few money dealers in Hong Kong licensed under the Hong Kong Monetary Authority. Equipped with a team of experienced foreign exchange experts, Cosmos participates in the money, foreign exchange, notes and capital markets, providing professional services to the banking and finance sector. Cosmos currently has a staff of 11.

About Hantec Holdings Limited
Hantec Holdings Limited was established in 1990 by Chairman Tang Yu Lap. Its expertise services cover a full range of leveraged forex trading, securities trading, global futures trading, corporate finance, asset management, bullion exchange, insurance and integrated personal financial services. Hantec Investment Holdings Limited (SEHK: 111), the Group's listed forex trading arm, is one of the largest and most active leveraged foreign exchange traders in Hong Kong. It was also among the first batch of foreign exchange traders licensed by the Securities and Futures Commission in December 1994. Hantec Group is headquarterd in Hong Kong and operates 6 branches and 2 personal financial services centres in the SAR, as well as 4 representative offices in Beijing, Paris, Tokyo and Manila.

Issued by :
Hantec Holdings Limited

Through :
Troika Communications Limited
Jenny Lee / Angus Ho
tel: 2511 8388 / fax: 2511 8238
email: enquiry-at-t6pr.com (use "@" to replace "-at-")
URL : http://www.t6pr.com