Mainland China and Hong Kong continue to promote financial market interconnection，The securities market is one of the most representative fields。With the Shanghai-Hong Kong Stock Connect、Two major mechanisms for Shenzhen-Hong Kong Stock Connect were proposed and launched one after another.，Hong Kong’s hub value in connecting mainland capital and international capital markets is further highlighted。For those planning to enter Hong KongSecurities businessFor mainland investors in the field，ApplyHong Kong Securities and Futures CommissionType 1 Regulated Activities License (Hong Kong License No. 1），It is an important compliance step in deploying Hong Kong’s financial market.。
As the demand from mainland enterprises to register securities companies in Hong Kong increases,，Hong Kong regulators have also tightened their scrutiny of licensed institutions。Based on data from December 2017，Hong Kong License No. 1 ApplicationThe number of enterprises has reached 1247。The individual or company holding the license，Can carry out stocks in Hong Kong、Asset and other securities trading related activities，In practice, Category 4 is usually usedSecurities advisory licensecommon use，To cover more complete securities business scenarios。
Hong Kong License No. 1Core regulatory requirements for applications
One of the key points in Hong Kong No. 1 license application，It depends on whether the applicant can allocate talents and management structure that match the business to be carried out.。Qualified Responsible Person(RO) search and matching，This is a difficulty that mainland applicants often encounter.。Some Hong Kong market participants may consider acquiring existing licenses，At the same time, merge and acquire the original operation team，To reduce the pressure on talent allocation；However, since the license transfer process is not short,，and involves price、Transaction structure and subsequent integration and other factors，Many mainland companies will eventually choose to directly apply for the Hong Kong No. 1 license。
becauseHong Kong Securities and Futures CommissionQualifications for RO、Experience and compliance capabilities are required，Mainland companies often face difficulties in finding suitable licensed personnel.。in this case，Entrust a professional agency to plan the application path on your behalf、Matching compliance talents and preparing application materials，is a more efficient and deterministic way。
The impact of customer asset arrangements on application difficulty
Before applying for Hong Kong License No. 1，Investors must clearly define how future securities business will be conducted，In particular, it is necessary to clarify whether it involves holding client assets。Whether to hold client assets，Will directly affect the difficulty of application、capital requirementsand regulatory review focus。
If a Hong Kong securities company wishes to obtain qualifications to hold client assets，Usually funds need to be transferred to the account、Achieve higher standards in terms of paid-up share capital and internal control arrangements，In order to meet the screening requirements of the Hong Kong Securities Regulatory Commission。therefore，Conduct a business model assessment before applying、Capital structure planning and compliance system design，It is an important prerequisite for improving the success rate of application.。
Hong Kong Xintong's Hong Kong No. 1 license application service
Hong Kong Xintong has been deeply engaged in Hong Kong Securities and Futures Commission license application and transfer services for a long time.，Have ten years of relevant experience。We can provide Hong Kong 1、2、3、4、6、9Various Hong Kong financial license application and transfer services，Always oriented to customer needs，Develop appropriate compliance entry plans for enterprises。
Up to now，Hong Kong Xintong has successfully assisted 500+ mainland companies to open up the Hong Kong market，And can provide matching talent resource support according to business needs。For planning application Hong Kong No. 1Securities trading licenseof enterprises，We can further discuss the specific business model、Staffing、Capital requirements and application plans，Assist enterprises to complete compliance layout at a more competitive cost，The price is guaranteed to be lower than the market average price。
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。
