Hong Kong Ruifeng International Securities

What Hong Kong Ruifeng International Securities does

Hong Kong Ruifeng International Securities (瑞豐國際證券有限公司), operating under the brand HTF Securities, is a Hong Kong-based Securities and Futures Commission-licensed corporation (Central Number BNO909) holding Type 1 (securities trading), Type 4 (securities advisory), and Type 9 (asset management) licenses, and registered as a Hong Kong Exchange participant (ID B02166). The firm provides brokerage execution in Hong Kong and US equities, equity and debt capital market services, securities advisory, and discretionary asset management including overseas-registered hedge funds and private banking–style portfolio management, with private-banking independence and confidentiality positioned for HNW clients. Distribution is built around a self-serve model: a proprietary mobile trading app for iOS and Android (HTF App, with APK distribution for Mainland China Android users) and a web trading platform (htf.ayers.com.hk) supporting Traditional Chinese, Simplified Chinese, and English, supplemented by a phone-trading desk and customer service hotline.

The revenue model is transaction- and fee-based: stock trading commissions (online/App from 0.03% with HKD 3.00 minimum; phone at 0.25% with HKD 100.00 minimum), a HKD 15.00 per-order platform usage fee, statutory pass-throughs (stamp duty, SFC levy, HKEX trading fee, FRC levy, CCASS clearing), recurring asset management fees on discretionary accounts and overseas-registered funds, and advisory fees on securities research. Settlement runs through Hong Kong's CCASS, with HKD/CNY/USD deposit and withdrawal accounts held at DBS Hong Kong and Bank of China (Hong Kong). Customer onboarding is via downloadable PDF forms routed to the firm, indicating a relatively low-automation acquisition path relative to fully digital onboarding competitors.

The firm is privately held, founded (per website copyright) in 2021, headquartered in Tsim Sha Tsui following a 2024 relocation from Wanchai, and operates with no publicly disclosed headcount, AUM, or revenue. No external funding rounds, parent company, social media presence, or marketing channels beyond the company website are evident, and no AI/ML capabilities, partnerships, or acquisitions are disclosed. The most significant recent corporate actions are operational: the mid-2024 office relocation, September 2024 adoption of severe-weather trading, and a series of fee-schedule pass-throughs tied to US and HK regulatory changes through 2024–2026.

Name

Hong Kong Ruifeng International Securities

Legal name

瑞豐國際證券有限公司

Website

https://htf.hk

Company type

Private

Founded year

2021

Operating status

Operating

Short description

Hong Kong SFC-licensed brokerage (Type 1, 4, 9) operating as HTF Securities, offering Hong Kong and US stock trading, securities advisory, and discretionary asset management to individual investors, HNW clients, and institutions via its mobile app, web platform, and phone desk.

Ownership category

akta.pro rank

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Stock Trading Commission: Commission charged on Hong Kong and US stock transactions. Online/App trading from 0.03% (minimum HKD 3.00) and phone trading at 0.25% (minimum HKD 100.00). Additional fees include platform usage fee (HKD 15.00 per order), stamp duty, SFC levy, HKEX trading fee, FRC levy, and CCASS settlement fee.
2. Asset Management Fees: Discretionary account management and overseas registered fund services generating management/investment management fees. The company manages securities and funds on a fully discretionary basis for clients.
3. Securities Advisory: Provides securities advisory services through in-depth research and analysis of listed companies, charging advisory fees embedded in the overall service offering.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels1 record

Core offering

Hong Kong Ruifeng International Securities (HTF Securities) is an SFC-licensed securities corporation providing brokerage and trading services for Hong Kong stocks and US stocks, bond and equity capital market (DCM/ECM) products, securities advisory with research analysis, and asset management services including discretionary account management, overseas registered hedge funds, and private banking independent asset management. Services are delivered through a proprietary HTF mobile app (iOS/Android) and web trading platform, with online commission starting from 0.03% (minimum HKD 3.00) and phone trading at 0.25% (minimum HKD 100).

Product overview

Hong Kong Ruifeng International Securities (HTF Securities) is a Securities and Futures Commission licensed corporation (Central No. BNO909) with Type 1, 4, and 9 licenses operating as a Hong Kong Exchange participant. The firm offers a unified securities trading and asset management platform comprising the HTF App (mobile trading for iOS/Android), a web-based online trading platform, securities trading services for Hong Kong and US stocks including ECM/DCM capital market products, and comprehensive asset management services including discretionary accounts, overseas hedge funds, and private banking services. All services are integrated with Hong Kong's CCASS clearing system and supported by multi-language (Traditional/Simplified Chinese and English) trading platforms.

Differentiator

Problem solved

Functional benefit

Brands

• 瑞豐國際APP: Mobile trading application (iOS and Android) for Hong Kong and US stock trading.
• 鯨余APP

Products and services

• Hong Kong and US Stock Trading Brokerage
• Asset Management Services
• Securities Advisory Services
• Capital Markets Services (ECM and DCM)
• HTF Mobile Trading App (瑞豐國際APP)
• Web Trading Platform (網上交易平台)

Quantifiable outcome

• Online/App commission rate as low as 0.03% per trade with minimum HKD 3.00
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature2 records

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Futu Holdings: Hong Kong-based online brokerage serving Chinese-speaking retail and HNW clients with proprietary mobile app, HK/US/China stock trading, wealth management, and IPO subscription — directly comparable to HTF in product mix and target customer.
• Webull Securities (Hong Kong): Mobile-first brokerage licensed in Hong Kong offering HK and US stock trading to retail investors through a proprietary app — comparable in digital-first distribution and target customer segments.
• Tiger Brokers (UP Fintech Holding): Hong Kong-incorporated digital brokerage offering HK, US, and global equities trading via a proprietary mobile app with multi-language support, targeting Chinese-speaking retail and HNW investors globally — directly comparable in GTM and customer profile.
• Tai Fook Securities Group (TF Securities): Hong Kong securities brokerage providing HK/US stock trading, margin financing, and wealth management to retail and HNW clients; comparable mid-sized private broker profile with multi-channel distribution.
• China Renaissance Securities (Hong Kong): Hong Kong-incorporated Chinese-affiliated securities firm offering brokerage, asset management, and investment banking to HNW and institutional clients; comparable cross-border Chinese investor focus and ECM orientation.
• China Securities (International): Hong Kong-based securities arm of a Chinese securities house offering brokerage, investment banking, asset management, and research to institutional and HNW clients — comparable in cross-border Chinese investor focus.
• Sun Hung Kai Financial: Established Hong Kong securities firm offering brokerage, wealth management, ECM, and asset management services to retail, HNW, and institutional clients — comparable in service breadth and HK regulatory positioning.
• Phillip Securities (Hong Kong): Hong Kong securities firm with multi-channel trading (POEMS platform), HK/US stock trading, futures, and wealth management services for retail investors; comparable mid-sized multi-licence Hong Kong broker.

Broad incumbents

• Interactive Brokers (Hong Kong): Global multi-asset broker with substantial Hong Kong presence offering HK and US equities trading, futures, and asset management to retail and institutional clients; comparable in product breadth but vastly larger scale than HTF.
• HSBC InvestDirect Hong Kong: Incumbent bank-led brokerage in Hong Kong offering HK, US, and global equities trading, advisory, and wealth management to retail and HNW clients; comparable in product set but vastly larger and bank-affiliated.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hong Kong Ruifeng International Securities