TechFinancials opened Hong Kong office to expand B2B services in the Asia Pacific region 

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TechFinancials (AIM: TECH), a software developer that supplies simplified trading solutions to online brokers, is pleased to announce that it has opened a new sales office in Hong Kong to promote the Company’s B2B services and provide client support services for the Asia Pacific region.

This follows TechFinancials’ announcement on 5 January 2016, regarding the completion of a Joint Venture (“JV”) with the owners of Optionfortune Trade Limited, a Company registered in Hong Kong, to run a B2C binary options trading platform focused on the Asia Pacific region.

The Hong Kong office will allow the Company to execute new business partnerships and joint ventures with local specialists, to increase market penetration, and to support TechFinancials brokers in the region. It will also act as a hub and a focal point for the wider binary options community in the Asia Pacific market.

The office will be headed by Mr. Calvin Hau, Asia Pacific Sales Manager, who recently joined the TechFinancials team.  Mr. Hau has strong experience in capital markets and was most recently appointed as Institutional Prime Sales for a China-focused FX Prime service provider, where he was overseeing liquidity, white label and business development.

Commenting on the opening of the Hong Kong office, Asaf Lahav, Group CEO of TechFinancials, said:

“Opening an office in Hong Kong is a core part of our strategy to expand into Asia and penetrate markets with high growth potential. With the establishment of the JV to run a B2C binary options trading platform in the Asia Pacific region, our Hong Kong base will strengthen our B2B foothold and overall presence in the region.  Under Mr. Hau’s guidance, we are well placed for further growth in China and to develop new customers in the wider Asia Pacific region.”

Source: TechFinancials

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