Hong Kong, November 1, 2001 - Hantec Holdings Limited today announces that its wholly-owned securities brokerage arm, HT Securities Limited has been qualified by the China Securities Regulatory Commission (CSRC) as a licensed broker of B shares, with approval to operate B-share related businesses both on the Mainland and overseas for a term of two years.

Mr Tang Yu Lap, Chairman of Hantec Holdings and listed Hantec Investment Holdings Limited (SEHK: 111) commented, "It is very timely for our Group to be granted the broker license with the foreseeable gradual opening up of the finance sector following China's accession to the World Trade Organisation (WTO). We will leverage our early-mover advantage to cement our relationship with local industry participants, as well as to strengthen our competitive position in China."

HT Securities is a member of the Stock Exchange of Hong Kong and participates in stock broking and related businesses, including underwriting, new issues and share placements. Following CSRC's granting of the broker license, the company will take steps to strengthen its ties with Mainland-based securities houses, with a view to establishing strategic alliances and joint business ventures in the future.

"We have already established a representative office in Beijing to plan our business developments in China. With CSRC's approval, we will expedite the rollout of such plans including the establishment of official operations in Shenzhen or Shanghai. We will also consider acquiring a seat as designated B-share dealer in order to accept local and foreign investors' consignment for trading, as well as to undertake B-share fund raising projects."
The Group's brand building activities have already started on the Mainland through participating in industry exhibitions and forums. To support its future Mainland-based operation and in preparation for the proposed 24-hour operation of the border checkpoint, the Group also plans to open new branches in northern New Territories.

Initially, a new office is planned for Shenzhen to provide B-share brokerage and corporate finance services, including listing of shares in Hong Kong by domestic enterprises.

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 5 personal financial services centres in the SAR, as well as 5 representative offices in Beijing, Paris, Tokyo, Manila and Taipei.

Issued by :
Hantec Holdings Limited

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