Hantec

Overview of Hantec

Hantec, operating in Hong Kong for a decade and a half, offers a range of financial services. It is regulated by the Securities and Futures Commission of Hong Kong (License Number ARV980) for futures trading within its jurisdiction. However, caution is advised as the latest information suggests that Hantec Futures Limited may be operating outside its authorized region and lacks trading software (Regulatory Number AFL779).

Hantec provides brokerage services, allowing trading in various financial instruments such as stocks, bonds, and options. Clients can access wealth management services for portfolio diversification and insurance products for risk management. Hantec offers market access to Hong Kong, mainland China, and the US, including stock, futures, and stock options trading. The company has individual and corporate account types tailored to client needs. Fees and commissions vary and should be verified with relevant authorities. Multiple deposit methods are available, and withdrawals are processed promptly. Trading platforms are offered for Windows, web, and mobile, with enhanced security options. Clients also have access to market insights and news. Customer support is provided through telephone and email for various Hantec entities.

Pros and Cons

Hantec offers several advantages, including regulation by the SFC, a diverse range of services, and multiple trading platforms. However, caution is advised due to a cautionary note about its operations. Additionally, while they offer various deposit methods and communication channels, there is limited information available about support responsiveness. Furthermore, Hantec's services lack specific account benefits, and certain charges are subject to change, requiring verification. Cash deposits are not accepted, and there is a limited variety of market instruments available for trading.

Is Hantec Legit？

Hantec Futures Limited is regulated by the Securities and Futures Commission of Hong Kong under license number ARV980. It holds a private license for trading futures contracts in Hong Kong. Please note that as of the latest available information, there is a cautionary note indicating that Hantec Futures Limited, with regulatory number AFL779, is operating outside its authorized region and lacks trading software, so caution should be exercised when dealing with this broker.

Products & Services

BROKERAGE: Hantec offers a diverse range of brokerage services, allowing clients to trade various financial instruments such as stocks, bonds, and options. Examples of stocks available for trading include Apple Inc. (AAPL) and Microsoft Corporation (MSFT). Clients can also access government and corporate bonds, as well as trade options on indices like the S&P 500 and the Nasdaq 100.

WEALTH MANAGEMENT: Hantec provides comprehensive wealth management services, assisting clients in managing their investment portfolios. They offer investment options across different asset classes, including stocks, bonds, and mutual funds. Clients can diversify their investments using products like exchange-traded funds (ETFs) and fixed-income securities.

INSURANCE: Hantec offers a range of insurance products to meet clients' risk management needs. These insurance options encompass various aspects, including life insurance, health insurance, and property insurance. Clients can choose from multiple insurance providers and policies tailored to their specific requirements, ensuring they have appropriate coverage in place.

Market Instruments

Stock Trading: Hantec offers stock trading services across various markets, including the Hong Kong Stock Market. Clients can engage in the trading of stocks listed on the Hong Kong Stock Exchange, such as Apple Inc. (AAPL) and China Mobile Ltd. (0941.HK). Additionally, Hantec provides access to the Shanghai and Shenzhen Stock Connect, allowing clients to trade mainland Chinese stocks. For clients interested in the US market, Hantec facilitates trading with charges associated with US stock transactions.

Futures Trading: Hantec provides futures trading services with a focus on the Hong Kong Futures market. Clients can participate in futures trading on various financial instruments, including stock index futures and commodities futures. Hantec specifies charges associated with trading these futures contracts.

Stock Options Trading: In addition to stock and futures trading, Hantec offers stock options trading services. Clients can trade stock options on the Hong Kong Stock Exchange, providing them with the opportunity to manage and hedge their stock positions. Hantec outlines the charges associated with stock options trading for clients' reference.

Pros and Cons

Account Types

Hantec offers two primary account types: Individual and Corporate. The Individual account type is designed for individual investors, providing them with access to the brokerage's services. On the other hand, the Corporate account type is tailored for businesses and corporate entities, allowing them to manage and trade financial instruments through Hantec's platform. These account types cater to the different needs and preferences of clients, whether they are individuals looking for personal investment opportunities or businesses seeking corporate financial solutions.

Pros and Cons

Fees & Commissions

Hantec's fee and commission structure includes a 0.25% commission on normal trades, with additional charges like a 0.00341% handling fee and a 0.002% securities management fee. Transfer fees amount to 0.001% of each transaction per side under China Clear's Rules and 0.002% under the General Rules of CCASS. Sellers incur a 0.05% stamp duty. Receipt (SI) is waived, but withdrawal (SI) comes with a minimum RMB200.00 handling fee per stock. Other fees involve scrip fees, cash dividend collection fees at 0.2% (minimum RMB20), and corporate action service fees at RMB2 per board lot (minimum RMB20). Excess rights shares have a charge of RMB20 per transaction. The portfolio fee is at an annual interest rate of 0.008%, calculated daily, and collected monthly. Dividend and capital gain taxes apply, with specifics subject to clarification with SAT. Please note that these charges may change and should be verified with the relevant authorities.

Deposit & Withdraw

Hantec offers multiple deposit methods, including cheque deposits in HKD, RMB, and USD, with specific bank account details provided. Clients can deposit funds in person at Hantec's offices, through online banking, phone banking, ATM, or cheque deposit at counters, and via the Faster Payment System (FPS). Cash deposits are not accepted. For withdrawals, customers need to submit instructions to the Customer Service Hotline before 11:00 am on the same trading day, with late instructions processed the next working day. Hantec issues crossed cheques and directly deposits them into designated bank accounts in the afternoon, or customers can collect the cheque in person at their office.

Pros and Cons

Trading Platforms

Hantec offers trading platforms for stock and futures trading, accessible through computer software for Windows users, internet-based platforms, and mobile apps. For stock trading, Hantec Securities provides both Windows software and internet access. For mobile trading, clients can use the Hantec Securities mobile app, which includes a Security Token feature for added security. In the case of futures trading, Hantec Futures offers computer software compatible with Windows and a mobile app. An iPad version of the Hantec Futures app is also available. Additionally, a Security (2FA) Guide is provided to enhance security measures for trading.

Pros and Cons

Educational Tools

Hantec provides clients with access to educational tools, including the latest news and insights. These tools keep clients informed about critical themes and market news. For instance, as of September 5, 2023, they offer insights into the performance of companies like 藥明生物 (WuXi AppTec) and provide updates on the stock market, such as trends in the technology sector and new stock listings like ARM. These resources aim to keep clients informed about current market developments and events.

Customer Support

Hantec offers customer support through various communication channels, including telephone and email, for its different entities. For Hantec Securities Company Limited and Hantec Futures Limited, clients can contact them at (852) 2526 1085 or via email at internet@hantec.hk, with a physical address at 12/F, South China Building, 1-3 Wyndham Street, Central, Hong Kong. Hantec Wealth Management Company Limited can be reached at (852) 2129 0240 or hwm_cs@hantec.hk, with an address at Units 2103-5, 21/F, 9 Queen's Road Central, Central, Hong Kong. For Hantec Insurance Broker Company Limited, clients can use (852) 2129 0246 or info@hib.hk for inquiries, with the same address as Hantec Wealth Management. These contact options are available for client assistance and inquiries.

Conclusion

In conclusion, Hantec presents a regulated brokerage option in Hong Kong, offering a range of financial services such as stock, bonds, and options trading, wealth management, and insurance products. However, caution is advised due to potential concerns about its operating status outside its authorized region and the absence of trading software for certain entities. Hantec provides various account types and trading platforms, with a fee structure that includes commissions and additional charges. They offer multiple deposit methods andd withdrawal processes. Educational tools and customer support channels are available to keep clients informed and assist with inquiries.

FAQs

Q: What is the full name of Hantec？

A: The full name of Hantec is 亨達証券有限公司.

Q: Is Hantec a legitimate company？

A: Yes, Hantec Futures Limited is regulated by the Securities and Futures Commission of Hong Kong under license number ARV980. However, caution is advised as there are cautionary notes about its operations outside its authorized region.

Q: What services does Hantec offer？

A: Hantec offers brokerage services for trading stocks, bonds, and options, wealth management services, and insurance products.

Q: What types of accounts does Hantec offer？

A: Hantec offers two primary account types: Individual accounts for individual investors and Corporate accounts for businesses and corporate entities.

Q: What are the fees and commissions associated with Hantec？

A: Hantec's fee structure includes commissions, handling fees, securities management fees, stamp duty, and various other charges. It's essential to verify these charges with relevant authorities as they may change.

Q: How can I deposit and withdraw funds with Hantec？

A: Hantec offers multiple deposit methods, including cheque deposits and online banking. For withdrawals, clients can provide instructions to the Customer Service Hotline.

Q: What trading platforms does Hantec offer？

A: Hantec provides trading platforms for stock and futures trading, accessible via computer software, internet-based platforms, and mobile apps. Security measures like 2FA are also available.

Q: Does Hantec provide educational tools？

A: Yes, Hantec offers educational tools such as market news and insights to keep clients informed about current market developments.

Q: How can I contact Hantec's customer support？

A: You can contact Hantec's customer support through telephone and email for different entities. Contact details are provided on their website for each entity.

Q: Where is Hantec located？

A: Hantec is located in Hong Kong, with various entities having different physical addresses in Central, Hong Kong.