Financial Telecom Limited Inc. (Fintel Group) www.fintel.com, announced today that its board of directors has appointed Mr. David Chen to be its CEO, effective immediately. Mr. Chen and his new management team will start the implementation of a new strategic plan to grow Fintel Group into an investment and financial consulting firm serving Chinese small-and medium-sized enterprises (SMEs).
For the past 20 years, Fintel has provided financial information and stock market data to major Hong Kong institutional and retail investors. Leveraging this business connection, Fintel plans to expand into financial consulting services to Chinese SMEs. The strategy calls for a steady growth of consulting contracts, targeting profitable pre-IPO clients. Fintel will also consider investing in these companies to profit from the upside potential.
