Score
5-10 yearsRegulated in Hong Kong
Dealing in securities
Self-developed
Suspicious Scope of Business
Suspicious Overrun
Medium potential risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index6.32
Business Index7.70
Risk Management Index0.00
Software Index5.69
License Index6.37
Single Core
1G
40G
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Company Name
Huarong International Financial Holdings Limited
Company Abbreviation
Huarong
Platform registered country and region
Hong Kong
Company website
Company summary
Pyramid scheme complaint
Expose
| Huarong Review Summary | |
| Founded | 1973 |
| Registered Country/Region | Hong Kong |
| Regulation | SFC (Exceeded) |
| Products & Services | Securities Trading, Corporate Finance, Asset Management, Investment Advisory, IPO Underwriting, Wealth Management |
| Demo Account | ❌ |
| EUR/USD Spread | 2 pips |
| Trading Platform | Mobile App |
| Minimum Deposit | / |
| Customer Support | Tel: (852) 3965 3965 |
| Fax: (852) 3965 3705 | |
| Email: info@hrif.com.hk | |
Huarong (now XinKong Capital) was founded in 1973 and is headquartered in Hong Kong. It provides full financial services through its licensed subsidiaries. It is funded by China's CITIC Financial AMC and offers securities trading, corporate finance, and asset management. While it holds Hong Kong SFC permits, their status is stated as “Exceeded”.
| Pros | Cons |
| Regulated by SFC | No demo or Islamic (swap-free) accounts |
| Wide range of financial services | Exceeded license status |
| Multiple account types for individuals and corporates | Limited information on fees |
| Licensed Entity | Regulated by | Regulatory Authority | Current Status | License Type | License No. |
| XinKong International Securities Limited | Hong Kong | Securities and Futures Commission (SFC) | Exceeded | Dealing in securities | ACV085 |
| XinKong International Capital Limited | Hong Kong | Securities and Futures Commission (SFC) | Exceeded | Dealing in securities | BGY986 |
Through its companies that are licensed in Hong Kong, Huarong offers a full range of financial services. China CITIC Financial AMC, the business's parent company, supports its services, which include securities trading, corporate finance advice, and asset management.
| Products & Services | Supported |
| Securities Trading | ✔ |
| Corporate Finance | ✔ |
| Asset Management | ✔ |
| Investment Advisory | ✔ |
| IPO Underwriting | ✔ |
| Wealth Management | ✔ |
There are three primary categories of live trading accounts: Individual, Corporate, and Sole Proprietor/Partnership. The company does not have demo or Islamic accounts.
Huarong's forex trading fees, as indicated in bid-ask spreads, are generally reasonable and in line with industry averages.
| Currency Pair | Bid | Ask | Spread (Approx.) |
| EUR/HKD | 9.0627 | 9.0681 | 54 pips |
| JPY/HKD | 0.0544 | 0.0545 | 1 pip |
| GBP/HKD | 10.6472 | 10.6566 | 94 pips |
| EUR/USD | 1.1548 | 1.155 | 2 pips |
| USD/JPY | 144.03 | 144.17 | 14 pips |
| GBP/USD | 1.3567 | 1.3573 | 6 pips |
| AUD/USD | 0.6482 | 0.6492 | 10 pips |
| Trading Platform | Supported | Available Devices |
| Mobile App (Android APK) | ✔ | Android |
| Mobile App (Android Google Play) | ✔ | Android |
| Mobile App (iOS English) | ✔ | iPhone |
Huarong does not mention any deposit or withdrawal fees. Bank-related charges, such as cheque clearing fees or overseas remittance charges, may apply depending on the channel used.
| Payment Method | Available Currency | Processing Time |
| ATM / Internet Banking / Phone Banking / Bank Counter | HKD / RMB | Same day if before 5:00 PM |
| Cheque Deposit | HKD | After bank clearing |
| Withdrawal via Cheque | HKD | Same day if requested before 11:00 AM |
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