What are the requirements for applying for Hong Kong license plate 1469?

As a major offshore and non-offshore center in the Asian financial market, Hong Kong is in the international financial market in terms of the maturity of its regulatory framework, the perfection of its public trading market and the richness of its financial products. Qianxian is the preferred platform for international investors to invest in Asia.

The Hong Kong market implements a financial license management system, and financial institutions can conduct transactions in stocks, financial derivatives, foreign exchange, gold and other products at the same time.

License No. 9 is the Type 9 regulated business qualification license issued and implemented by the Securities and Futures Ordinance of Hong Kong, that is, an asset management license. Holding this license means that you have obtained a "pass" in the international capital market. You can not only directly participate in overseas investments, but also manage and utilize the funds of overseas investors.

There are often companies operating in the financial sector in the mainland or companies in other industries that have the strength to develop asset management in Hong Kong to inquire about the application conditions for the Hong Kong No. 9 license. Now I would like to share with you the relevant points to note:

First of all, a Hong Kong company must be registered in Hong Kong, and then the company needs to prepare about 3 to 5 million Hong Kong dollars as the Hong Kong company’s working capital to prove that the company has the strength to engage in related business development. It is best to have practical experience in Hong Kong. Office space is generally done by companies that really want to operate, and then the company's senior executives and licensees must be in place. The rest is the information system that the company needs for business operations, which can be purchased or rented. , you can wait to get the license after passing the test.

License No. 4 is a license approved by the Hong Kong Securities and Futures Commission to provide securities investment consulting services. As a domestic securities and futures, asset management, international trust, and private equity fund company, how to apply to the Hong Kong Securities Regulatory Commission to successfully obtain these financial licenses, fully participate in international capital market investment, expand the scope of investment targets, and enrich investors’ product choices; On the other hand, we can seize investment opportunities in overseas markets, improve the company's asset management capabilities and market competitiveness, and become an international asset management company.

After being granted a financial license by the Hong Kong Securities Regulatory Commission, the company will be qualified to provide various financial product services such as stocks, funds, bonds, etc. to domestic and foreign institutions. Using the Hong Kong capital market platform, we can not only develop more products such as overseas real estate or stock funds, but also provide more diversified services to high-net-worth customers by launching value-added services such as investment immigration and investment consulting.

Hong Kong financial licenses are classified from 1 to 9, and the difficulty of applying for each type of license is also different. For example, the Hong Kong Securities Regulatory Commission stipulates that the Hong Kong No. 9 asset management license application requirements require two Hong Kong licensed responsible persons, and the licensed responsible persons need to have a continuous public capital market performance record of 3 to 5 years and must pass a series of rigorous examinations. and qualification review, etc. At the same time, companies also require an actual office address in Hong Kong and an experienced management team to assist in operating the company. Usually, obtaining an independent Hong Kong asset management license No. 9 is an endorsement of a company's strength.

The following is a detailed explanation of the contents of various licenses

License No. 1: Securities Trading

1 Provides customers with trading/brokerage services in stocks and stock options

2. Buy and sell bonds for clients

3. Buy/sell mutual funds and unit trust funds, place and underwrite securities for clients

No. 2: Futures Contract Trading

1 Provide customers with index or commodity futures trading

2 Provide customers with index or commodity futures brokerage services

3 Buy or sell futures contracts for customers

Plate No. 3: Leveraged foreign exchange transactions

Conduct foreign exchange transactions for customers in the form of margin trading

Plate No. 4: Provide advice on securities

1 Provide clients with investment advice on selling or buying securities

2 Issue research reports or analyzes on securities

No. 5: Provide advice on futures contracts

1 Provide clients with investment advice on selling or buying futures contracts

2 Issue research reports or analyzes on futures contracts

No. 6: Advising on institutional financing

1 Acting as a sponsor for an initial public offering for a listing applicant

2 Advising on the Code on Corporate Acquisitions, Mergers and Share Buy-Backs

3Advising listed companies on compliance matters under the Listing Rules

No. 7: Providing automated trading services

Operating an electronic trading platform that matches customer orders

Plate No. 8: Provide securities margin financing

Provide financing to customers who buy stocks and use the customer’s stocks as collateral

Plate No. 9: Provide assets Management

Manage securities or futures contract investment portfolios for clients on a discretionary basis

Manage funds on a discretionary basis