Financial market connectivity between Hong Kong and the Mainland continues to deepen，Shanghai-Hong Kong Stock Connect、The launch of Shenzhen-Hong Kong Stock Connect further promotes securities business exchanges between the two places。As more and more mainland companies are no longer limited to the mainland financial market,，Instead, it will extend its business layout to Hong Kong and overseas.，Hong Kong License No. 149Processing has become a security、Compliance paths that consulting and asset management institutions focus on。
Hong Kong license No. 149 usually refers to Hong Kong Securities and Futures Commission Type 1、Combination of Type 4 and Type 9 regulated activity licenses，It is the most popular three types of license configuration among Hong Kong securities firms and financial institutions.。There are ten major types of regulated business qualification licenses in Hong Kong，1st among them、4、9Classes and Securities Trading、Close relationship between securities consulting and asset management business，Applicable to enterprises planning to develop related financial services in Hong Kong。
Business purposes of Hong Kong License No. 149
Hong Kong license No. 149 consists of Category 1、Type 4 and Type 9 license composition，Corresponding to different regulated activities。When companies plan their financial business structure in Hong Kong，Need to be based on actual business model、Service objects and future development directions，Determine whether you need to apply for relevant licenses individually or in combination。
- Hong Kong License No. 1：Mainly applicable to institutions engaged in securities trading business，is to carry out securities trading、Licenses that need to be considered when providing brokerage and related trading services。
- Hong Kong license No. 4：Mainly applicable to institutions providing securities advisory services，Including providing advice and related advisory services to clients on securities products。
- Hong Kong license number 9：Qualification documents generally applied for by asset management companies，Suitable for business scenarios such as managing securities or futures contract investment portfolios。
Hong Kong No. 149 license application threshold and corporate requirements
The Securities and Futures Commission of Hong Kong regulates Category 1、The application requirements for Type 4 and Type 9 licenses are not exactly the same，There are also differences in the actual difficulty of approval。overall，The key to Hong Kong No. 149 license application is not only the establishment of the company's main body，It’s more about capital arrangements、Responsible for staffing、Whether the internal control system and the matching of licensed personnel meet regulatory standards。
licensed corporationNeed to set up a company in Hong Kong，and meet corresponding funding and liquidity requirements.。Generally speaking，The minimum threshold for rent payment is 5 million yuan，And need to have liquidity of more than 3 million yuan。For organizations planning to apply for Hong Kong No. 149 license，financial strength、Sustainable operation capabilities and compliance management capabilities，will become an important basis for the review of the Hong Kong Securities Regulatory Commission。
In terms of personnel structure，Hong Kong No. 149 license holders need to have more than two responsible persons，And one of them must be an executive director who meets the requirements of the Hong Kong Securities and Futures Commission。Only in the company body、Funding requirements、After the responsible personnel and basic compliance conditions have met the requirements，Only then have the foundation to submit an application to the Securities and Futures Commission of Hong Kong。
Hong Kong Securities and Futures Commission review key points
Applicants need to prepare complete information，You can submit and follow up the review to the Hong Kong Securities Regulatory Commission in person or by entrusting a professional agent.。The Securities and Futures Commission of Hong Kong will assess whether applicants and applying institutions are suitable for being granted a license from multiple dimensions.，including but not limited to financial status、Solvency、Educational qualifications、Qualifications、Coordinate management capabilities、Reputation and character, etc.。
The approval process for Hong Kong license No. 149 is not easy.，Especially in the process of matching licensed personnel and responsible personnel who meet regulatory requirements，Often requires advance planning。Once the applicant is issued the Hong Kong license No. 149，Still need to continue to cooperate with the supervision and subsequent reporting requirements of the China Securities Regulatory Commission，Licensing cannot be viewed as the end of compliance efforts。
Ongoing compliance obligations after licensing
After Hong Kong license No. 149 is approved，Licensed corporations need to perform follow-up reporting and ongoing supervision obligations on time。Within 1 month after issuance of license，Need to inform the Hong Kong Securities and Futures Commission of the company’s financial year end date；Within 4 months after the end of the financial year，The company’s audited accounts and other required materials need to be submitted。
also，Licensed corporations are also required to submit company financial resource declarations to the Securities and Futures Commission of Hong Kong every month.。Continuous Compliance Reporting、financial resources maintenance、Audit account submission and regulatory communication，These are all tasks that must be completed in the long term after the Hong Kong No. 149 license is successfully processed.。
Hong Kong Xintong Hong Kong No. 149 license processing service
Hong Kong Xintong is the largest professional organization in Guangdong Province that handles Hong Kong No. 149 licenses.，Ten years of focus on Hong Kong financial license application，Develop long-term business dealings in Hong Kong，And has a large number of professional licensee docking resources。Targeting the needs of investors who want to start business quickly，We can provide professional support on the existing resources and corresponding changes of Hong Kong financial licenses No. 1-9，Assist enterprises to more efficiently promote compliance in Hong Kong’s financial services。
To learn about the application requirements for Hong Kong No. 149 license、Staffing、Current card change、Material preparation and approval cycle，Welcome to further communicate with Hong Kong Information Communications，We will provide one-stop compliance solutions based on the actual business model of the enterprise。
About Hong Kong Xintong
Hong Kong Xintong focuses onHong Kong Securities and Futures Commission license、Hong Kong Insurance Broker License、Hong Kong MSO Licenseandmoneylenders licenseApply for service，Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。
