Heraeus has been represented by a trading unit in Hong Kong since the mid-1980s. As a wholly owned subsidiary of Heraeus Precious Metals GmbH & Co. KG under the umbrella of Heraeus Ltd., traders there work in close cooperation with the teams in Hanau and New York to ensure that the precious metal needs of Heraeus locations in the Far East can be fulfilled at any time.
The Hong Kong trading team’s customer structure clearly reflects the focus of Heraeus’ Asia business, which more than in other regions is marked by gold and only to a small extent by platinum metals. In addition to traders and banks, customers include many representatives of the jewelry and electronics industries, but they come from the Asian mining companies too, which have their raw materials processed by the Heraeus Ltd. refining company, also located in Hong Kong.
China and Hong Kong make up the most important geographic markets for the Hong Kong traders, whose offices are found in the heart of the city. With customers in the Philippines, Singapore, Malaysia, Thailand, and Korea, they are also well represented in other East and Southeast Asian countries.
The trading team in Hong Kong is five members strong, and business has recently experienced a significant internationalization in the direction of Europe, thanks to acceptance into the manufacturer list of the London Bullion Market Association for Good Delivery Bars in January 2006.
Heraeus Ltd. was China’s fifth largest precious metal refiner at the time, and the second member of the Group to obtain this status, following W. C. Heraeus GmbH.
Contact
Heraeus Ltd. Room 2112-2113
Peninsula Square
18 Sung On Street
Hunghom, Kowloon (Hong Kong)
Phone: + 852 2773 1733
Fax: + 852 2773 1090
E-Mail: tradinghk@heraeus.com
Reuters Dealing: HLHK
Contact Persons
Jack Lu, Managing Director Heraeus Ltd., Hong Kong
Emma Chan, Assistant to the Managing Director
Dick Poon, Chief Trader
Bowie Sham, Trader
Alice Chiu, Trader
Clement Wong, Trader
Kalos Kan, Marketing
