About FAC
FAC is a Hong Kong-based advisory firm founded in 2017. Its founding team includes executives from Fortune 500 companies' Hong Kong offices, licensed financial institutions and FinTech founders. FAC helps institutional clients establish in Hong Kong and, using Hong Kong as a node, expand into mainland China or the Middle East.
HKCAS was registered in Hong Kong as a non-profit in 2019. Its controlling member is China Zhongzi Chanrong (Beijing) Technology Co., Ltd., a subsidiary of the central state-owned enterprise China International Engineering Consulting Corporation. See www.hkcas.org
FAC and HKCAS teams work closely together, providing industry advisory and matching investment for foreign enterprises entering the Chinese market.
From Quanzhou to Hong Kong: a trade route a thousand years old
FAC's founder comes from Fujian, China. A thousand years ago Quanzhou was China's largest port of foreign trade. Through the Song and Yuan dynasties, Arab and Persian merchants settled there, traded there and raised families there. Quanzhou still keeps the Qingjing Mosque of 1009, the Islamic tombs traditionally held to be those of companions of the Prophet, and Cao'an in Jinjiang — the only surviving Manichaean temple in the world, inscribed on the UNESCO World Heritage List in 2021 with the wider Quanzhou site.
That history stayed in the local commercial character. The genealogy of the Ding clan of Chendai, Jinjiang, records its ancestor as the Yuan-dynasty statesman Sayyid Ajall Shams al-Din; the same family later founded Anta. The province also produced Zhang Yiming of ByteDance (TikTok), Robin Zeng of CATL, Cao Dewang of Fuyao Glass and Wang Xing of Meituan (Keeta). Fujianese merchants carry more than a thousand years of seafaring trade in their DNA: they are long-term players, tolerant and cohesive by nature, and they work in good faith with their partners to grow together.
A thousand years ago our forebears traded in the same harbour. We are simply reconnecting the route.
The founder has carried one ambition: to make that route run both ways again — matching Middle Eastern and Chinese companies entering each other's markets, and getting the business done together. FAC is based in Hong Kong because it is the practical place for this work: licences, capital, talent and the two-way channel between the mainland and the Middle East all meet here.
Advisory work is delivered and billed by FAC directly. For provider matching, you contract and pay the provider directly at transparent prices, while FAC handles selection and coordination.