Binary platform provider and operator TechFinancials Inc (LON:TECH) is expanding further into the Asia Pacific market.
The company today announced that it has opened a new sales office in Hong Kong to promote the its B2B services and provide client support services in the region.
This announcement comes shortly after TechFinancials announced the completion of a Joint Venture with the owners of Optionfortune Trade Limited, a Hong Kong-registered company, to run a B2C binary options trading platform.
The Hong Kong office will enable TechFinancials to launch new business partnerships and joint ventures with local businesses, to expand its market share, and to support TechFinancials brokers in the region. The new office will also server as a hub and a focal point for the wider binary options community in the Asia Pacific market.
Mr. Calvin Hau, Asia Pacific Sales Manager, who recently joined the TechFinancials team, will be at the helm of the new office.
Asaf Lahav, Group CEO of TechFinancials, comments:
“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.”
You can view the full announcement from TechFinancials by clicking here.