The Group is headed by its listed vehicle in Hong Kong, Hantec Investment Holdings Limited (SEHK:111). The Group now operates 2 branches and 8 personal financial servies centers locally as well as 5 representative offices and associated companies in Beijing, Shanghai, Pairs, Tokyo, Manila, Taipei and New Zealand. “The downside for Hong Kong property stocks will be limited considering the sector’s relatively low valuation,” said Liu Jieqi, vice president of Zhongtai Financial International Ltd. “The fundamentals of real estate stocks are generally solid. In the short-term, concern over the economic slowdown is largely priced in.”

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The Hong Kong branches of the last three of these nine were closed in 1954 when their parents were shut down by the central government, and management of the remaining six public-private banks were transferred to the Hong Kong and Macau…

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