Founded in 1986 in Hong Kong as part of the Polytec Group, Hantec offers a comprehensive range of financial services, including securities and futures brokerage, wealth management, and insurance solutions. These services are provided through Hantec Securities Company Limited/Hantec Futures Limited, Hantec Wealth Management Company Limited, and Hantec Insurance Broker Company Limited, respectively.
Hantec is known for its transparent fee structure and offers a versatile trading platform with a mobile app for securities trading. The company is currently regulated by the China Hong Kong Securities and Futures Commission (SFC) with license numbers AFL779, ARV980, and BSF395.
- Regulatory Oversight: Hantec is regulated by the China Hong Kong Securities and Futures Commission (SFC) and holds three licenses.
- Transparent Fee Structure: Hantec offers a clear fee structure for its brokerage and financial services.
- Comprehensive Services: They provide a wide range of financial services including securities and futures brokerage, wealth management, and insurance solutions.
- Long-standing Reputation: With a history dating back to 1986 and being part of the Polytec Group, Hantec has built a reputation for reliability and stability.
Is It Safe?
Regulations:
Hantec operates under the regulatory jurisdiction of prominent global financial authorities. It currently operates under China Hong Kong Securities and Futures Commission of Hongkong (SFC) regulation with license numbers AFL779, ARV980 and BSF395, demonstrating its commitment to upholding the highest standards of financial operations.
Safety Measures:
Hantec employs 2FA (Two-Factor Authentication) across its platforms, accessible via iOS, Google Play, and Android. This security feature enhances transaction protection by requiring users to verify their identity using a secondary method alongside their password, adding an extra layer of security against unauthorized access and ensuring secure trading experiences.
What are the Securities to Trade with Hantec?
Hantec offers a wide range of services categorized into brokerage, wealth management, and insurance solutions.
Brokerage Services: Hantec provides diversified products and services, including local and overseas stock brokerage for Hong Kong stocks, China A shares, US stocks, European stocks, and other regional stocks.
Their offerings extend to securities margin financing, underwriting, new share subscriptions, share placements, local and overseas bond brokerage, exchange-traded funds (ETFs), warrant trading, stock options trading, and CBBCs trading.
Customers can utilize an efficient and stable multi-asset class trading platform to conduct transactions anytime, anywhere, encompassing stocks, options, futures, and connections through Hong Kong, Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect, and US stock products.
Wealth Management: Hantec Wealth Management is dedicated to providing top-tier asset management and financial planning services.
Insurance Solutions: Hantec offers a comprehensive range of insurance products, including Life Insurance and General Insurance such as Home Insurance, Domestic Helper Insurance, Travel Insurance, Private Car Insurance, Decoration Insurance, Accident Insurance, Fire Insurance, Group Medical Insurance, Employee Compensation Insurance, Pet Insurance, and MPF solutions.
Fees Review
Hantec charges various fees for its brokerage services for securities trading.
Take Hong Kong stock trading fees as an example. The standard commission rate is 0.25%, with a minimum charge of HK$100. In addition to the commission, a transaction levy of 0.0027% is charged by the Securities and Futures Commission (SFC), and a further transaction levy of 0.00015% is imposed by the Accounting and Financial Reporting Council (AFRC).
The Hong Kong Exchanges and Clearing Limited (HKEX) trading fee is 0.00565%, and a stamp duty of 0.10% is applied, both payable by the buyer and seller.
Physical share deposits and withdrawals incur HK$5.00 per transferdeed and HK$3.50 per board lot respectively, along with a HK$50 handling fee per stock.
Settlement instructions for transfers out are subject to a minimum handling fee of HK$200 or 0.25% of the market value per stock.
HK stock charges:
Additional charges include dividend payments, subscription rights, IPO subscriptions, margin finance interest, and various administrative fees such as for historical statements and telegraphic transfers etc. Since all these fees are subject to change, we encourage you to contact with Hantec directly for clarification or visit https://www.hantec.hk/en/services/brokerage, find the “Fees and Charges” section and choose the exact trading fee (stock and futures) files you would like to know and look up for details.
App/Platform
Hantec offers robust trading platforms, accessible via both computer software and mobile applications.
For stock trading, Hantec provides a computer software platform compatible with Windows, allowing seamless access through the internet. Additionally, they offer the Hantec Securities mobile app, available for iOS, Google Play, and Android.
For futures trading, Hantec delivers a specialized computer software platform also compatible with Windows. Mobile users can utilize the Hantec Futures app, available on iOS, Google Play, and Android, as well as a dedicated Hantec Futures version for iPad on iOS.
In addition to its trading apps, Hantec provides a Security Token App, available on iOS, Google Play, and Android, to enable two-factor authentication (2FA) for enhanced protection of customer's accounts and transactions against unauthorized access.
Customer Service
Hantec offers comprehensive customer service through various channels.
- Hantec Securities Company Limited and Hantec Futures Limited
Address: 12/F, South China Building, 1-3 Wyndham Street, Central, Hong Kong
Phone: (852) 2526 1085
Fax: (852) 2868 4887
Email: internet@hantec.hk
- Hantec Wealth Management Company Limited/Hantec Insurance Broker Company Limited
Address: Units 2103-5, 21/F, 9 Queen's Road Central, Central, Hong Kong
Phone: (852) 2129 0240; (852) 2129 0246
Email: hwm_cs@hantec.hk; info@hib.hk
And there is also a contact form available on their website. Additionally, Hantec maintains an active presence on social media including Facebook, Twitter and Instagram to engage with clients and provide updates.
Conclusion
Hantec, founded in 1986 and part of the Polytec Group, offers a wide range of financial services including securities and futures brokerage, wealth management, and insurance solutions. Regulated by the China Hong Kong Securities and Futures Commission (SFC) with license numbers AFL779, ARV980, and BSF395, Hantec adheres to stringent standards.
While investors should always be cautious in any investing activities, Hantec is a trusted and credible company due to its long history, regulatory oversight, and transparent fee structure. These qualities provide a solid foundation for investors to confidently pursue their financial goals with Hantec.
Q&A
- Is Hantec regulated by any financial authority?
Yes, it holds three regulatory licenses by China Hong Kong Securities and Futures Commission of Hongkong (SFC) regulation, numbering AFL779, ARV980 and BSF395.
- What financial services does Hantec offer?
Securities and futures brokerage, wealth management, and insurance solutions.
- Is Hantec suitable for beginners?
Yes, with its SFC regulation and transparent fee structure, user-friendly trading app, Hantec is friendly for beginners.
- What additional security measures does Hantec offer for trading?
Hantec provides a Security Token App, available on iOS, Google Play, and Android, which enables two-factor authentication (2FA) for enhanced transaction security.
- Are there any fees associated with physical share transactions?
Yes, physical share deposits incur a fee of HK$5 per transfer deed, and withdrawals cost HK$3.5 per board lot plus a handling fee of HK$50 per stock.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.