This month, Hantec Group added a third representative office to China as it opened its Wenzhou office. "Wenzhou is the cradle of China's private enterprises, which now account for 90% of the city's GDP. With extensive savings and forex reserves, Wenzhou is well placed to take the lead in our country's continued economic reform. We are delighted to be able to position ourselves close to the vibrant economic activities in this area to facilitate its further development," said Mr. Tang.

Hantec's efforts to develop further in China are now supported by 3 representative offices in Beijing, Shanghai and Wenzhou.

Across the strait, Hantec Group will relocate its Taipei operations in July to an expanded office in the city's new landmark ¡V the 101 Building. The move will also mark Hantec's renewed initiative to enhance its service offerings in Taiwan, which now comprise investment consultancy and securities investment services. The Group's investment services include equity research, trading advisory and authorized trading services.

In May, the Group announced the acquisition of a further 30% stake in Fulland Securities Consultant Company Limited (renamed Hantec Fulland Securities Consultant Limited, in which it already holds 70% through indirect wholly owned subsidiary Hantec Taiwan. Hantec Fulland is engaged in the provision of wealth management, investment advisory and consultancy services in Taiwan.

The securities market in Taiwan has shown promising growth during the past three years, by value amount and by the number of investor's accounts opened. Annual aggregate trading value rose 17% year on year to NTD23,875 billion in 2004, with a total of 13,720,461 investor's accounts opened as at the end of the year. In addition, Taiwan's financial market has been gradually opened up with increasing types of financial products available.

The acquisition is in line with the Group's plan to expand market presence in Taiwan. The Group hopes to expand Hantec Fulland's existing securities investment license to engage in other financial products investment businesses in the future.

In Europe, Hantec also plans to establish its second anchor point after Paris. Later this month the Group will make its first advance into Switzerland by setting up a wholly owned subsidiary in Geneva to provide forex trading services. Through this new establishment, the Group's clients can participate directly in the global capital market, and create a more efficient investment portfolio.

"Our overseas developments will provide further impetus for our Group's sustained growth on the back of continued business expansion at our home base. Looking forward, forex operations will remain our core business segment, but we are confident that wealth management and bullion trading will soon become our new growth drivers," said Mr. Tang.

About Hantec Group
Founded in 1990 by Chairman Tang Yu Lap together with a number of financial experts and banking professionals, Hantec Group offers integrated comprehensive financial and investment services including leveraged forex trading, securities trading, financial advisory services, fund management, commodities and futures trading, asset management, corporate finance, personal financial services and affinity credit card. The Group is headed by its listed vehicle in Hong Kong, Hantec Investment Holdings Limited (HKEx: 111). It now operates 3 branches and 7 personal financial services centers locally as well as 4 subsidiaries and associated companies in New Zealand, Japan, Switzerland and Taiwan, and 5 representative offices in Beijing, Shanghai, Wenzhou, Taipei and Paris.

Issued by :
Hantec Investment Holdings Limited

Through :
t6.communications limited
Veronica Park or Angus Ho
tel: 2511 8388 / fax: 2511 8238
email: enquiry-at-t6pr.com (use "@" to replace "-at-")
URL : http://www.t6pr.com