Hong Kong No. 1、4No. and No. 9 license plates，Is an enterprise conducting securities trading in Hong Kong?、Common and critical licensed resources for securities advisory and asset management businesses，All are reviewed and approved by the Securities and Futures Commission of Hong Kong.。With the Shanghai-Hong Kong Stock Connect、Shenzhen-Hong Kong Stock Connect opened one after another，Mainland enterprises’ demand for Hong Kong’s securities and asset management business layout continues to increase，especiallyHong Kong license number 9，It has become a platform for mainland private equity institutions and financial companies to connect with the international market.、An important choice to expand cross-border capital platform。
For mainland enterprises，Hong Kong Securities and Futures Commission license applicationInvolving regulatory rules、Personnel qualifications、business structure、Compliance system and approval communication and other aspects。Because the process is highly professional、Rigorous review standards，Many applicants will choose to entrust professional organizations with local experience in Hong Kong to assist in the process.，To improve application efficiency and reduce compliance risks。
Hong Kong 1、4、9license platebusiness positioning
Hong Kong No. 1、4License No. 9 and License No. 9 respectively correspond to different regulated activities.，It is a core license type that companies need to evaluate when building a Hong Kong securities and asset management business structure.。
- Hong Kong License No. 1：Mainly applicable to enterprises engaged in securities trading activities，It is one of the ten major types of Hong Kong Securities and Futures Commission licenses with a larger number of licensed institutions.。
- Hong Kong license No. 4：Mainly applicable to the business of providing advice on securities，Often applied in conjunction with No. 1 license，To improve the securities trading and consulting services sector。
- Hong Kong license number 9：Mainly suitable for asset management business，This is the type of license that mainland private equity institutions focus on when they go to Hong Kong to deploy and carry out international asset management business.。
Hong Kong License No. 1：Basic qualifications for securities trading business
Hong Kong License No. 1 is applicable to enterprises engaged in securities trading activities。Since securities trading is the basic business type in Hong Kong’s financial market，1There are relatively more license holders among all types of licenses。
in practical arrangements，Enterprises usually plan the Hong Kong No. 1 license and the Hong Kong No. 4 license together.。By covering both securities trading and securities consulting services，Enterprises can form a more complete service closed loop，Helps improve customer service capabilities and facilitate transaction implementation。
Hong Kong license No. 4：Regulatory requirements for securities advisory business
Hong Kong License No. 4 corresponds to the business of providing advice on securities。When a licensed institution provides securities-related advice to clients，Relevant opinions must have a reliable reference basis，Must not influence client investment decisions in a misleading manner。
Practitioner qualifications and compliance requirements
The Securities and Futures Commission of Hong Kong has clear requirements for those engaged in providing securities opinions.。Relevant practitioners need to pass prescribed tests or meet corresponding qualifications，To prove that they have the professional ability to provide securities opinions。
in the process of business development，Practitioners shall not intentionally mislead clients into purchasing securities。In case of deliberate misleading、Misrepresentation or other regulatory violations，may be investigated and punished according to relevant laws and regulations。therefore，When an enterprise applies for and operates a Hong Kong license No. 4，A comprehensive internal review should be established simultaneously、Customer communication and compliance trace mechanism。
Hong Kong license number 9：An important path for asset management institutions to go overseas
Hong Kong License No. 9 is an asset management license，It is a key target for mainland private equity institutions to expand into the Hong Kong market.。It is generally believed in the industry，9License is one of the mainstream ways for large domestic private equity institutions to go overseas.。
Many private equity management institutions intend to use Hong Kong as a platform for the inflow of funds from international investors.，and take advantage of Hong Kong’s mature financial market、International investor base and regulatory system，Expand cross-border asset management business。Looking back at the application status of Hong Kong No. 9 license last year，A total of 165 institutions have obtained Hong Kong No. 9 license from the Hong Kong Securities and Futures Commission。
Hong Kong No. 9 License ApplicationDifficulty and handling options
in recent years，The difficulty of applying for Hong Kong No. 9 license continues to increase，The steps are also more complicated。Applicants need to face business model demonstration、Personnel arrangement、Compliance system、financial strength、Internal control and regulatory communication and other multi-faceted reviews。
Some mainland enterprises are not familiar with the policy scope and approval focus of the Hong Kong Securities Regulatory Commission.，It is easy to have insufficient preparation of materials during the self-application process、Business description is unclear、Compliance structure mismatch and other issues，Resulting in application being blocked。therefore，in practice，Enterprises usually consider two types of paths：
- Entrust a professional agency to handle the matter：By having many years of experience in Hong Kong 1、4、9A team with experience in license plate processing assists in preparing materials、Build the architecture、Follow up on approvals and handle regulatory communications。
- Doing Business Through Acquisitions：If the applicant has higher time requirements,，Can also assess the feasibility of acquiring existing licensed entities，In order to promote business implementation faster。
Hong Kong Xintong’s license processing support
Hong Kong Xintong owns Hong Kong 1、4、9Number plate processing experience，And equipped with a professional team in Hong Kong responsible for application promotion、Material follow-up and supervisory communication work。We have long been paying attention to the approval policies and practical trends of the Hong Kong Securities Regulatory Commission.，Can help companies grasp the key points of application more accurately，Improve overall processing efficiency。
For those planning to enter Hong Kong Securities、Companies in the securities advisory and asset management markets，Based on business objectives we can、Shareholder background、Staffing and scheduling，Assistance in evaluating applications、Different paths such as agency or acquisition，Help enterprises steadily promote the layout of Hong Kong financial licenses。
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。
