Hong Kong license number 9Usually refers to Hong KongAsset management license，To be precise，It is a Type 9 regulated business license regulated by the Securities and Futures Commission of Hong Kong in accordance with the Securities and Futures Ordinance.。in recent years，The demand for Mainland private equity institutions to apply for Hong Kong’s No. 9 license continues to increase。After obtaining the license，Private equity institutions can carry out fund-raising activities in the Hong Kong market，Attract overseas assets to invest in mainland products，At the same time, it can also provide overseas investment channels for mainland customers.。
For mainland private equity firms，Hong Kong License No. 9 has obvious strategic value：On the one hand, it helps expand sources of overseas funds.，On the other hand, it can expand business boundaries、Enhance the organization’s international development space。But it should be noted that，The Hong Kong Securities and Futures Commission’s review standards for Type 9 license applications are quite strict.，The financial status of the applicant organization、Personnel qualifications、credibility、Both internal control and compliance capabilities need to meet rigid requirements。
Although the application threshold is relatively high，The industry's enthusiasm for Hong Kong's No. 9 license is still high。The reason is that，The cross-border asset management capabilities and long-term commercial value carried by this license have become relatively clear.。The following is from the applicant、Responsible personandProcessthree aspects，Sort out the core application requirements for Hong Kong No. 9 license。
Hong Kong No. 9 License Application Subject Requirements
The entity applying for the Hong Kong No. 9 license must be a company registered in Hong Kong，Or a non-Hong Kong company that has been registered with the Hong Kong Companies Registry。
existcapital requirementsaspect，Applicants need to pay a minimum registered capital of HKD 5 million.，Liquidity capital shall not be less than HKD 3 million。This requirement reflects the Hong Kong Securities Regulatory Commission’s focus on the applicant’s financial soundness and ability to continue operating.。
Requirements for the person responsible for Hong Kong No. 9 license
The Hong Kong Securities Regulatory Commission has very strict requirements for responsible persons。Responsible personnel must have academic certificates in specific majors，its industry experience、Management experience and other qualifications must also be recognized by the Hong Kong Securities and Futures Commission。
In terms of staffing，The applicant organization must have at least two responsible personnel，and meet the following requirements：
- At least one responsible officer shall be a member of the board of directors；
- At least one responsible officer is based in Hong Kong，To provide direct supervision over relevant businesses。
Except as arranged by the person in charge，The applicant institution must also establish a risk control mechanism that meets regulatory standards.、business structure、Internal control system and compliance staffing。The Hong Kong Securities and Futures Commission will comprehensively assess whether the applicant institution has the ability to sustainably、careful、Ability to conduct asset management business in compliance with regulations。
Hong Kong No. 9 license application process and review points
In the process of applying for Hong Kong No. 9 license，The Securities and Futures Commission of Hong Kong will use strict criteria to assess whether the applicant institution has the qualifications to be licensed.。The focus of the regulatory review mainly includes the financial status of the applicant institution.、Solvency、Personnel qualifications、Industry experience、Institutional reliability and financial soundness, etc.。
When the applicant institution is in subject qualification、capital conditions、Responsible person、business structure、When internal control and compliance systems and other aspects comply with regulatory requirements，Have a chance to obtain Hong Kong license No. 9。
after obtaining the licenseContinuous ComplianceRequire
After obtaining Hong Kong license No. 9，Enterprises still need to continue to comply with the relevant provisions of the Securities and Futures Ordinance when conducting business，And regularly submit audited accounts and financial application forms in accordance with regulatory requirements。
We recommend，Organizations that intend to apply for Hong Kong No. 9 license should formally submit the application.，Complete the business model review first、Personnel Qualification Assessment、capital arrangement、Establishment of risk control mechanism and preparation of compliance documents，To improve application efficiency and reduce regulatory review risks。
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