The Hong Kong Securities and Futures Commission speeds up the pace of licensing, and mainland institutions accelerate their entry into the market
Hong Kong Securities and Futures Commission继3月份向3家机构发放俗称「9号牌」的资产管理牌照后，4Similar licenses will be issued to 2 more organizations in the next month，Many of the licensed institutions have Chinese capital backgrounds，The more notable ones include China Post Venture International Asset Management and Zhongrong International Asset Management.。Market analysts believe，As Shenzhen-Hong Kong Stock Connect approaches and the development of Shenzhen Qianhai Financial Services Center，Mainland financial institutions are significantly accelerating their mergers and acquisitions or setting up their own asset management companies in Hong Kong.；Participation of some leading mainland companies and high-net-worth individuals，It also makes relevant licenses "valuable and marketable"，Promote continued activity in license applications and transfers。
香港9号牌照申请基础条件
Company Registration and Legal Entities
The entity applying for a Hong Kong financial license must be a company incorporated in Hong Kong，or inHong Kong company registrationNon-Hong Kong companies registered with。This is a prerequisite for the entire application process。
Competencies and internal control systems
The applicant organization must have a suitable business structure、Good internal control system and qualified personnel，to ensure that when carrying out the activities described in the business plan，Able to properly manage various risks that may be faced。For detailed guidance, please refer to the following SFC core documents:：
- "Guidelines on Competence"
- Code of Conduct for Persons Licensed or Registered with the Securities and Futures Commission
- "Applicable to the Management of Persons Licensed or Registered by the Securities and Futures Commission"、Supervision and Internal Control Guidelines"
负责人员委任规定
每类所申请的受规管活动均须达到下列Hong Kong No. 9 license application and transfer：capital conditions、Responsible Personnel Regulations and Company Acquisitions（Responsible Officers）配置要求：
- Appoint at least two responsible officers to directly oversee the proposed activities。
- At least one responsible officer can supervise the relevant business at all times。If the candidate is appropriate and the roles do not conflict,，The same person may be appointed as a responsible officer for more than one type of regulated activity at the same time。
- Among the responsible persons to be appointed，At least one must be an executive director as defined in the Securities and Futures Ordinance。
- All executive directors must seek approval from the Securities and Futures Commission，To become a responsible officer of the applicant corporation。
- When submitting your license application，All applications for approval of proposed responsible officers must be submitted to the SFC together，for simultaneous consideration。
Qualifications of suitable candidates for major shareholders and senior personnel
Applicant’s major shareholder、senior staff，and any other person employed or associated with the regulated activity applied for，All candidates must be suitably qualified。The specific evaluation criteria must comply with the provisions of Section 129 of the Securities and Futures Ordinance。
financial resource requirements
持牌法团必须时刻维持不少于《证券及期货（financial resources）规则》所指明金额的缴足股本及速动资金。If applying for more than one type of regulated activity，shall maintain the higher of the specified amount in the relevant category。For Type 9 regulated activity (asset management) the minimum amount under normal circumstances is：
- Paid-up share capital：5,000,000Hong Kong dollar
- Liquid capital：3,000,000Hong Kong dollar
香港1号牌照与149号牌照转让
Hong Kong License No. 1 is a securities trading license，Together with the No. 9 license, it is one of the core licenses in Hong Kong’s financial market.。Except for direct application，Achieve license transfer by acquiring existing companies holding license No. 149，It is also a more common market operation method in recent years.。Hong Kong Xintong can according to the customer's business layout，Full assistance in applying for No. 1、9No. 1 financial license，And support professional due diligence and compliance arrangements for ready-made license transfer transactions，Also covers pawn shops、finance lease、small loan、commercial factoring、Fund sales、Nationwide payment、Corporate credit report、Application requirements for various types of licenses such as rural banks and financial leasing。
About Hong Kong Xintong
GXT-HKComposed of professional teams from mainland China and Hong Kong，Focus on providing global company registration、Financial license application、Bank account opening、One-stop cross-border services such as tax financial planning and compliance consulting，Core covers Hong Kong MSO license、Hong Kong Insurance Brokers and Hong Kong Money Lenders Licenses、US MSB license、Hong Kong 149 license、9license plate，Helping enterprises to go overseas efficiently and compliantly，Steady global layout。
