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What is the difference between Hong Kong No. 1 license and No. 4 license?

Financial card care question

What is the difference between Hong Kong No. 1 license and No. 4 license? Special agent for Hong Kong 149 license application review and approval,Hong Kong Money Lenders License、Money service operator license application、Hong Kong insurance license application、Professional services,Many successful cases: Hong Kong No. 1 license application:Also called a securities trading license,The company or individual it holds has the business qualifications for trading stocks and various assets.。

Hong Kong No. 4 license application:Securities advisory license;Holding individuals or companies can take advantage of corresponding securities knowledge,To guide securities investors。 Hong Kong No. 9 license application:Asset management license;Projects that can manage securities or other assets for overseas investors。 If the unit holds any license,There must be not less than two licensees,However, units holding Hong Kong license No. 1.4.9,Only 3 licensees can operate。

726th of the month,Zhongzhou Securities (01375.HK) issued an announcement,The company's Hong Kong subsidiary Zhongzhou International Financial Holdings Co., Ltd. obtained the No. 4 license (securities consulting) yesterday,The previous July 19,It has just obtained the No. 9 license (asset management)。

It is understood,Since all financial licenses in Hong Kong have been liberalized,,Competition among major financial institutions is fierce,Can I have all the licenses in a short time?,To better serve customers,It is an important criterion for measuring the comprehensive strength of a financial institution.。

Zhongzhou International obtained the No. 1 license (brokerage business) in July last year,9Officially open for business in month,In February this year, it completed the acquisition of Pan Asia Financial, a local investment bank in Hong Kong.,Successfully obtained license No. 6 (investment banking business),Also obtained a moneylender's license,Have vigorously developed margin trading、Capital intermediary businesses such as stock pledges and convertible bond investments and sponsor companies to the Hong Kong Main Board、A good foundation for investment banking business such as listing on GEM。

After obtaining the No. 4 and No. 9 licenses this time,Zhongzhou International already owns 1、4、6、9and moneylenders license,It marks another big step forward in the construction of a fully licensed financial institution in Hong Kong.。 It is reported that,Zhongzhou International’s operating conditions were good in the first half of the year,In the second half of the year, with the smooth development of new businesses such as asset management,,Its operating performance is expected to further improve


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Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong 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

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Lin Zixuan

Owned by Mr. Lin Zixuan 15 year securities、Asset management and investment banking experience,Served as senior compliance officer in several licensed financial institutions。He is well versed in the Hong Kong Securities and Futures Commission (SFC) regulatory requirements,Successfully dominated the SFC 1st 1、4、9 Application and annual maintenance of licenses (including RO licenses for legal persons and individuals)。He is particularly skilled in developing and enforcing financial resource rules (FRR)、internal control system,as well as ensuring that the company is fully compliant with the SFC’s requirements in terms of customer vetting (KYC) and anti-money laundering (AML/CFT),To meet strict regulatory compliance standards。

Areas of expertise:SFC license (Type 1, 4, 9) Application and maintenance、RO/MIC Approval、internal control system、Client Asset Rules (FRR)、KYC/Anti-Money Laundering Policy

Previous institutions:international investment bank、Licensed securities trading company、asset management company

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