Tai Fook Securities will hook up with mainland-based ChinaWeb to explore business opportunities in each other's home market. Under the partnership, Homeway - a subsidiary of ChinaWeb - will provide financial information to Tai Fook customers who invest in China B shares, which are traded in US and Hong Kong dollars. The pair will also form a common online securities trading platform, to allow customers to trade on both sides. 'I believe Tai Fook and Homeway will fully utilise each other's resources,' said Wang Boming, chairman of ChinaWeb, which is held by a group of investors including blue chip Citic, Japan-based Softbank and South China Morning Post (Holdings). Tai Fook chief executive Peter Wong Shiu-hoi said that although the brokerage had a licence to trade B shares in Shenzhen and Shanghai, a partner from China was needed to execute orders in the country. 'We will be able to further expand our business scope and provide customers with new investment channels and products through Homeway's integrated trading service platform,' Mr Wong said. Homeway operates a financial portal - homeway.cn - which it claims has more than three million daily page views and 600,000 registered accounts in China. The subsidiary launched its stock-trading platform last year. Mr Wang said the online platform served about 20,000 clients and created a turnover of about 20 million yuan (HK$18.7 million) in December. Homeway had already signed service contracts with more than 100 brokerages in China, and Mr Wong expected this to swell to 200,000.