Halcyon Capital
Halcyon Capital is a Hong Kong SFC-licensed corporate finance advisory firm and HKEX-approved IPO sponsor offering M&A, compliance advisory, and brokerage services to Main Board and GEM issuers and securities trading clients.
- Company typePrivate
- Founded2013
- HeadquartersCentral, Hong Kong SAR China
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Halcyon Capital does
Halcyon Capital Limited is a Hong Kong corporate finance advisory firm licensed by the Securities and Futures Commission and approved by the Stock Exchange of Hong Kong to provide sponsorship and professional financial advisory services. Founded in 2013, the firm operates through two linked entities: Halcyon Capital Limited, which delivers IPO sponsorship, M&A advisory, and compliance advisory to companies listed or seeking listing on the HKEX Main Board and GEM, and Halcyon Securities Limited (CE No.: BAM857), its wholly-owned Type 1 brokerage subsidiary and HKEX Exchange Participant that executes securities trades for individual and corporate clients in HKD, RMB and USD.
The firm's product surface is anchored by a multi-channel securities trading platform comprising a browser-based online trading system, a downloadable desktop client, the proprietary 'Halcyon Qinlong Trading System' for Hong Kong stock execution, and an iOS/Android mobile application distributed via the Apple App Store and Google Play Store. Corporate finance services span IPO sponsorship, M&A advisory (pre-deal planning, target identification, valuation, negotiation and regulatory compliance), securities underwriting, share placements, and ongoing compliance advisory. The firm cites a track record of 430+ M&A and restructuring transactions with HK$9.2 billion of cumulative value, participation in 300+ IPOs as underwriters, and 200+ placements of shares, warrants and convertible bonds.
Halcyon Capital generates revenue through a hybrid commission and fee model. Brokerage commissions are 0.25% for non-electronic trades and 0.15% for electronic trades (minimum HK$100 per transaction). Recurring fee streams include a HK$10 monthly account maintenance fee per securities/futures client, custody fees of HK$0.15 per board lot (semi-annual, capped between HK$50 and HK$5,000), margin financing at HSBC Prime + 5% per annum, and IPO application handling charges of HK$100 per subscription. Advisory mandates and underwriting fees provide project-based revenue on top of brokerage flows. Operations and client service are concentrated in Wanchai, Hong Kong, and the firm is privately held with no disclosed external investors.
Halcyon Capital firmographics
Firmographics- Name
- Halcyon Capital
- Legal name
- Halcyon Capital Limited
- Website
- https://halcyon.com.hk
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Halcyon Capital is a Hong Kong SFC-licensed corporate finance advisory firm and HKEX-approved IPO sponsor offering M&A, compliance advisory, and brokerage services to Main Board and GEM issuers and securities trading clients.
- Ownership category
- akta.pro rank
Halcyon Capital industry classification
Industry- Product category
- Investment Banking & Brokerage
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Debt Capital Raising Intermediation (Private Debt/Mezzanine/Bonds) (FSAEALAM)
Keywords
Where Halcyon Capital is headquartered
LocationHeadquarters
- HQ city
- Central
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices1 record
Markets served
Halcyon Capital business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Commission for non-electronic securities trading services |
| Transaction based/ take rate | Pay-as-you-go | Commission for electronic securities trading services (Hong Kong clients only) |
| Subscription | Monthly | Account Maintenance Fee |
| Subscription | Pay-as-you-go | Custody Fee |
| Usage-based | Pay-as-you-go | Margin Account Financing |
| Usage-based | Pay-as-you-go | Cash Account Overdraft Interest |
| Transaction based/ take rate | Pay-as-you-go | IPO Application Handling Charge |
Distribution channels5 records
Marketing channels2 records
Halcyon Capital product offering
Product offeringCore offering
Halcyon Capital Limited is a corporate finance advisory firm licensed by the Securities and Futures Commission of Hong Kong and approved by the Stock Exchange of Hong Kong to provide IPO sponsorship, mergers and acquisitions advisory, and compliance advisory services. Through its wholly-owned subsidiary Halcyon Securities Limited, it also provides securities trading and brokerage services for Hong Kong listed equities via web, desktop, mobile, and proprietary Qinlong trading platforms supporting HKD, RMB, and USD denominated trades.
Product overview
Halcyon Capital operates as a corporate finance advisory platform offering investment banking services through two main divisions: Halcyon Capital (corporate finance advisory including IPO sponsorship, M&A advisory, and compliance advisory) and Halcyon Securities (securities brokerage and trading services). The securities division provides multiple trading channels including web-based online trading, downloadable desktop trading system, Halcyon Qinlong proprietary trading system, and iOS/Android mobile applications. These products are offered as integrated components of a unified financial services platform serving Hong Kong Stock Exchange investors.
Differentiator
Problem solved
Functional benefit
Brands
- Halcyon Qinlong Trading System: Securities trading system offering for Hong Kong stocks connectivity.
Products and services
- Corporate Finance Advisory Licensed corporate finance advisory services providing IPO sponsorship, mergers and acquisitions advisory, and compliance advisory for companies listed or seeking listing on the Hong Kong Stock Exchange.
- IPO Sponsorship Sponsor services for companies undertaking initial public offerings on the Main Board and GEM of the Stock Exchange of Hong Kong, including regulatory liaison and underwriting coordination.
- Mergers and Acquisitions Advisory Advisory on mergers, acquisitions, takeovers, group restructuring, and assets exchange for Hong Kong listed companies, including pre-deal planning, industry research, target identification, valuation, negotiation, and regulatory compliance.
- Compliance Advisory
Companies that use Halcyon Capital
Customer profileSegments2 records
Ideal customer profiles2 records
Halcyon Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Halcyon Capital partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights4 records
Halcyon Capital competitors and assessment
Company assessmentDirect peers
- Octal Capital: HK boutique corporate finance advisor with SFC Type 1 licensing and IPO sponsorship capability, serving Main Board and GEM issuers. Directly overlapping scope and target segment with Halcyon Capital.
- Somerley Capital Management: Hong Kong-based SFC-licensed corporate finance advisory and IPO sponsor with comparable focus on Main Board/GEM sponsorships and M&A advisory for HK and PRC clients. Directly overlapping business model, client segment, and regulatory license set.
- Opus Capital Management: Hong Kong boutique advisory firm specializing in IPO sponsorship for HKEX Main Board and GEM listings. Directly comparable in niche focus, sponsor licensing, and small-team advisory delivery.
- Asian Capital (Holdings): HK-based boutique with extensive IPO sponsorship and corporate finance advisory track record under SFC Type 1/Type 6 licensing. Closest comparable to Halcyon in size, license scope, and HK listing-market positioning.
- Christfund Securities: HK SFC-licensed brokerage and corporate finance participant offering retail brokerage and small-cap sponsorship. Comparable in size, license scope, and Hong Kong market focus.
Emerging players
- Futu Holdings: App-first online broker with dominant HK stock trading app (Futu Niuniu) competing for the same retail brokerage client base that Halcyon's mobile/desktop platforms target. Represents the digital-native threat to Halcyon's traditional brokerage franchise.
Broad incumbents
- CITIC Securities International: Hong Kong arm of CITIC Securities providing full-service investment banking, securities brokerage, and wealth management. Broad incumbent competing across Halcyon's entire product set with substantially greater balance-sheet capacity.
- Haitong International Securities Group: Major Chinese investment bank with deep HKEX sponsorship and brokerage business. Derek Chan previously served as Executive Director and head of Haitong's corp finance division — making it both an alumni and a broad incumbent competitor across all of Halcyon's lines.
- China Renaissance Securities (HK): Hong Kong subsidiary of China Renaissance focused on IPO sponsorship, M&A advisory, and brokerage for Greater China issuers. A larger, well-capitalized incumbent offering the same services as Halcyon across sponsorship, advisory, and trading.
Regional players
- Kingsway Group / Get Nice Holdings: HK-domiciled financial group combining securities brokerage, margin financing, and corporate finance with similar small-to-mid scale. Comparable in product mix (brokerage + advisory) within the same Hong Kong geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Halcyon Capital social profiles
Digital presenceHalcyon Capital compliance and trust
Trust signalCompliance1 record
Halcyon Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Halcyon Capital leadership team
Management profileNumber of profiles
Profiles5 records
Halcyon Capital subsidiaries and ownership
Company hierarchySubsidiaries1 record
Halcyon Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Halcyon Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Halcyon Capital
What does Halcyon Capital do?
Halcyon Capital Limited is a corporate finance advisory firm licensed by the Securities and Futures Commission of Hong Kong and approved by the Stock Exchange of Hong Kong to provide IPO sponsorship, mergers and acquisitions advisory, and compliance advisory services. Through its wholly-owned subsidiary Halcyon Securities Limited, it also provides securities trading and brokerage services for Hong Kong listed equities via web, desktop, mobile, and proprietary Qinlong trading platforms supporting HKD, RMB, and USD denominated trades.
Is Halcyon Capital a public or private company?
Halcyon Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Halcyon Capital founded?
Halcyon Capital was founded in 2013. It employs 1 to 10 people.
Where is Halcyon Capital based?
Halcyon Capital is headquartered in Central, Hong Kong SAR China, in the Asia region.
Who are Halcyon Capital's main competitors?
Direct peers on record are Octal Capital, Somerley Capital Management, Opus Capital Management, Asian Capital (Holdings) and Christfund Securities. Futu Holdings is listed as an emerging player. Broad incumbents are CITIC Securities International, Haitong International Securities Group and China Renaissance Securities (HK). Kingsway Group / Get Nice Holdings is listed as a regional player.
Does Halcyon Capital have an API?
No public API is recorded for Halcyon Capital.
What industry is Halcyon Capital in?
Halcyon Capital's product category is Investment Banking & Brokerage. Its primary akta.pro industry code is FSAEALAM, Debt Capital Raising Intermediation (Private Debt/Mezzanine/Bonds). Its NAICS code is 523 and its SIC code is 6211.