Hong Kong, 19 January 2021 — Hantec Group announced today the retirement of Dr. Gordon Tsui Luen-on from the role of Chairman. Gordon will hand over his duties to the Group’s Chief Executive Officer, Freddy Lau Hoi-kit, with effect from 1 March 2021. Upon retirement, Gordon will devote more time to pursuing his personal interests and public service. He has full confidence in Freddy, who will leverage his FinTech expertise and financial experience in leading the young management team to reach new heights.

Having served Hantec for 21 years, Gordon expressed his thankfulness to his mentor, Tang Yu Lap, the founder of Hantec Group, for his guidance and inspiration, as well as his support in enabling him to serve many social causes. He is honoured to have spent the past 20 years working with the team, marking the most important chapter of his life. ‘Talent is Hantec’s edge,’ he added. ‘The Group has been continually taking in young people, giving them chances to shine as a way to nurture our next-generation management. Thanks to the creativity generated, the Group has been able to maintain its competitiveness amid a rapidly changing financial market.’

After his departure from the Group, Gordon will devote himself to public service in the financial sector and beyond, including his Chairmanship of the Hong Kong Securities Association. As he sees education as a long-term undertaking, he has assumed several public positions in the sector over the years. He will continue to devote every effort to these social causes in partnership with like-minded professionals.

Hantec Group, which marked its 30th anniversary last year, has today evolved into a multinational corporation. The Group fought its way through the first decade as a ‘startup’, as Tang Yu Lap led the company to obtain all SFC financial services licences. The following decade saw the Group consolidate its business and develop into a publicly listed financial organisation. The third decade was when the Group expanded from Greater China to many parts of the world such as the UK, Japan, Thailand, Australia, South America, the Middle East and Africa, subsequent to its sale of the listing group. While growing the existing securities and asset management businesses, the Group also widened its product portfolio to bullion, FX and CFD, to move closer to its objective of becoming a diversified international financial corporation.

Freddy will carry forward the culture of daring to open up new markets as the Group seeks to ‘restart like a startup’. Hantec’s financial business can now be found in 19 cities, with deepening footprints in the Southeast Asian and African markets as the next targets. ‘To be truly a global citizen, we train up local teams to serve local customers. Our international teams help us integrate local cultures into our operations,’ he stressed.

Concurrently, as Managing Director of Ringus Solution Enterprise Limited, a subsidiary of the Group, Freddy appreciates the weight Hantec attaches to IT, where the Group input a great deal of resources at the very beginning, making it the first trader in Hong Kong to run an online transaction platform that was developed in-house. He said, ‘the ongoing pandemic has proven our FinTech application vital. Our trading platform and intra-organisation system has helped us overcome restrictions generated by lockdowns and standstills in multiple markets, providing customers with non-stop trading service.’

About Hantec Group:

Founded in 1990, Hantec Group is a multinational corporation based in Hong Kong with a focus on providing professional financial services to global Chinese clients.

Hantec Group also operates an array of non-financial businesses, including IT, Culture & Art and Lifestyle Consultancy, which turns Hantec into a cross-sector corporation. Owing to an expansion in business scale and surge in customer numbers, Hantec is present in 19 cities across 14 countries worldwide, covering Greater China, Japan, Thailand, Australia, Europe, South America, the Middle East and Africa, creating synergistic effects between one another. 

The Group is authorised by the Australian Securities and Investments Commission (ASIC), Vanuatu Financial Services Commission, Japan Financial Services Agency and UK Financial Conduct Authority to provide financial services. These include leveraged foreign exchange, bullion and derivatives trading services. As a customer-oriented company, the Group’s professional team has expertise in different aspects including banking, securities, capital markets, bullion trading, commodity futures and wealth management, using advanced analytical software to offer quality financial services for both corporate and individual investors.

Hantec attaches great weight to IT, making it the first trader in Hong Kong to run an online transaction platform that was developed in-house. Continuous optimisation of the platform has taken place since its inception, enabling the Group to provide high-quality and customised wealth management services. While growing the existing securities and asset management businesses, the Group also widened its product portfolio to bullion, FX and CFD. The Group also provides a smart online trading service, instant stock quotation and distribution of global market information. Premised on its enduring advantage, the Group draws up unique marketing strategies for each market, in order to meet the different demands in global financial markets.

About Dr. Gordon Tsui Luen-on:

Dr. Gordon Tsui Luen-on, J.P., Chairman of Hantec Group (retiring on 1 March 2021), is responsible for the Group’s global and strategic development. Bringing with him more than two decades of senior management experience in the banking and financial services sector, Gordon has led Hantec to anchor firmly in Hong Kong while expanding into different markets. Gordon also actively drives the company’s CSR initiatives.

He is dedicated to community service as a holder of many public positions over the years, including Chairman of the Hong Kong Securities Association, member of the Human Capital Committee in the Hong Kong Financial Services Development Council, member of the Banking and Finance Training Board in the Vocational Training Council, Chairman of the Quality Education Fund Steering Committee under the Education Bureau, Chairman of the Chief Executive's Award for Teaching Excellence Steering Committee, Deputy Chairman of the Joint Committee on Student Finance, and member of the Education Commission.

About Freddy Lau Hoi-kit:

In his current capacity as Chief Executive Officer in Hantec Group, Freddy is responsible for formulating global strategies, carrying out business development and management duties. Concurrently, with his ample experience in the IT field, he is a Council Member of the Hong Kong Software Industry Association.

Freddy joined Hantec Group in 2004. As early as 2008, he led Hantec’s IT department to establish Ringus Solution Enterprise Limited, specialising in the provision of FinTech solutions. The subsidiary also proactively engaged in in-house R&D of different types of trading systems, leading up to the successful launch of RINEX. This made Hantec the front runner among the finance industry in adopting IT, which further served to promote quality technology services beyond the finance sector to the wider commercial world. In 2019, Freddy officially took up his current post as Hantec Group’s Chief Executive Officer, performing business restructuring and heading the Group towards overseas expansion in the realisation of more forward-looking FinTech practices.