As domestic capital market volatility increases、There is uncertainty about the future trend of the RMB exchange rate，Overseas asset allocation is becoming an important focus of Chinese high-net-worth clients。More and more investors hope to passoverseas investmentBalanced portfolio，Diversify single market risk，and enhance global asset management capabilities。
Hong Kong is one of the core financial centers in Asia，Maturity in regulatory architecture、It has long been at the forefront of the international financial market in terms of professional service capabilities and financial product development.，It is an important platform for international investors to deploy in Asia.。Hong Kong’s financial market implements licensing management system，Mainlandprivate equityIf you want to expand overseas financial business，gain independenceHong Kong financial licenseOften the critical first step。
According to the Hong Kong regulatory system，Financial license covers regulated businesses from Category 1 to Category 10。After a financial institution is issued the corresponding license，Stocks can be carried out within the scope of compliance、financial derivatives、Forex、Gold and other related businesses。in，Hong Kong license number 9It is a Type 9 regulated business license regulated by the Securities and Futures Commission of Hong Kong under the Securities and Futures Ordinance.，Right nowAsset management license。After the enterprise is approved to hold the license，Can provide stocks to domestic and foreign institutions、fund、Eligibility for bond and other portfolio management services。
The core advantages of holding Hong Kong license No. 9
Hong Kong’s No. 9 license plate has a higher value。For mainland private equity institutions that want to move from the domestic market to the international market，Applying for Hong Kong License No. 9 is an important choice for expanding overseas asset management business。
As a compliance pass for overseas investment
9The license can be regarded as an important "pass" for private equity institutions to carry out overseas investment business.。After obtaining the license，Institutions can directly carry out overseas investment activities within the compliance framework，thereby further expanding the scope of investment，Improve the global capabilities of asset allocation。
Obtain a more mature international investment environment
Compared with the domestic A-share market，Institutional design of overseas financial markets、Relatively rational and complete in terms of trading rules and market mechanisms，It can provide domestic private equity funds with a more international investment environment.。This helps institutions accumulate cross-border investment experience，and improve management capabilities across multiple asset classes.。
Attract more stable overseas investors
Holding a Type 9 license will help mainland private equity funds attract more overseas investors。Overseas investors usually have stronger risk tolerance and professional identification capabilities，More stringent screening of private equity firms；But once the selection is made，Often have strong long-term holding willingness and stability。
The revenue extraction mechanism is commercially flexible
Overseas investors generally have more flexible performance requirements。For example，Domestic private equity funds usually need to achieve positive returns and achieve a new high in net worth，Only then can you withdraw 20% of the floating income；Overseas investors generally require private equity funds to outperform reference indexes.，Usually international mainstream stock index，Earnings can be withdrawn。This mechanism can bring greater profit space to domestic private equity institutions.。
Leverage Hong Kong’s tax advantages，Optimize overseas structure
Domestic private equity institutions usually need to set up companies overseas to carry out investment activities，Common structures include Cayman Corporations。If a fund management company is established in Hong Kong at the same time，Leverage Hong Kong’s mature tax system and tax advantages，It can help investors reduce certain tax burdens under the premise of compliance.。
Improve international asset management capabilities
The international market is full of opportunities and challenges。Private equity institutions invest in overseas markets，Can accumulate more sufficient operating experience and investment experience，Cultivate a more mature management team and working model，Further enhance corporate competitiveness，and move towards an international asset management company。
Two ways to obtain Hong Kong No. 9 license
For mainland enterprises，There are two main ways to obtain Hong Kong No. 9 license：
- Register a company in Hong Kong，And use the Hong Kong company as the main body to apply for the No. 9 license to the Hong Kong Securities Regulatory Commission。
- Acquired a company that has successfully obtained license No. 9，and conduct asset management business through the company。
The second method can bring more convenience to institutions to develop in Hong Kong and even further expand overseas business.。However, given the current market conditions，9No. 1 license is one of the Hong Kong financial license types with the highest demand from mainland institutions.，Application is not easy。
Hong Kong Securities Regulatory Commission’s requirements for companies applying for Type 9 license
The Hong Kong Securities Regulatory Commission has clear requirements for applicants for Type 9 licenses，Applying for a company requires registration qualifications、business structure、internal control、Financial capabilities and responsible staffing meet regulatory standards.。
- The applicant must be a company incorporated in Hong Kong，Or an overseas corporation registered with the Hong Kong Companies Registry。
- The company needs to have an appropriate business structure、Good internal control system，And company personnel should have corresponding qualifications and experience。
- The company’s financial condition and solvency must remain in good condition，The minimum paid-up share capital is HKD 5 million，Liquid capital is no less than HKD 3 million。
- The company must have at least two responsible officers，At least one of the responsible persons must be a member of the board of directors，And at least one responsible officer must be based in Hong Kong。
Licensing Requirements for Hong Kong License No. 9 Personnel
9No. license application not only examines the company entities，Also pay close attention to the qualifications of responsible personnel and licensed representatives。The Hong Kong Securities and Futures Commission usually starts with academic or industry qualifications、Relevant industry experience、Assessments include management experience and local regulatory framework exams.。
| review project | Responsible personnel requirements | Licensed Representative Requirements |
|---|---|---|
| Academic/Industry Qualifications | Hold a university degree in a specified field，For example, accounting、Business Administration、economy、Finance and Legal；Or hold other degrees and pass the examination in at least two subjects in the specified areas；or have professional qualifications，For example, Chartered Financial Analyst、Certified Financial Planner, etc.。 | Must meet the relevant qualification review requirements of the Hong Kong Securities Regulatory Commission for licensed representatives。 |
| Relevant industry experience | At least 3 years of relevant industry experience。 | Requires experience in related industries。 |
| Management experience | 2 years of management experience required。 | No management experience required。 |
| Local Regulatory Framework Examination | Passed Paper 1 and Paper 6 of Hong Kong Securities and Futures Qualification Examination。 | Passed Hong Kong Securities and Futures Practitioner Qualification Examination Paper 1。 |
Hong Kong No. 9 license application process and time period
The process of applying for Hong Kong No. 9 license is not inoperable，Core materials mainly include business plans and basic company information.。However，Mainland private equity managers are often not familiar with Hong Kong’s legal and regulatory practices，The Hong Kong Securities Regulatory Commission has very strict requirements for the responsible personnel of companies applying for No. 9 licenses.，Applicants need to pass a series of examinations and qualification reviews。
at the same time，Hong Kong Securities and Futures Commission regulations，When the responsible person leaves the company，The company's No. 9 license may then expire。therefore，It is difficult to find licensed people in the market who are willing to leave the original company，Join a company that has not yet successfully obtained a license。
also，The Securities and Futures Commission of Hong Kong strictly scrutinizes the issuance of licenses，The approval time is also somewhat uncontrollable。therefore，Most private equity firms will choose to use professional intermediaries to assist with the application process.。Generally speaking，The required time is at least 6 months，Most private equity firms usually take 9 to 12 months to complete relevant arrangements.。
No. 9 license application support that Hong Kong Xintong can provide
Hong Kong Information Communication as a high-end commercial service organization，Has 13 years of agency service experience and rich social resources，and established a team of senior tax experts、lawyer、An efficient service team composed of accountants。In view of the current market situation of scarce No. 9 license plate resources，We can combine existing resources and regulatory policy requirements，Assist customers to apply for Hong Kong No. 9 license，And match suitable shell company resources。
In the process of processing，We can provide professional advice to our clients、Efficient communication and full-process support，Help institutions that intend to expand into the international financial market more securely advance the planning of Hong Kong asset management licenses。
If you are interested in applying for Hong Kong license No. 9，Welcome to contact Hong Kong Information Communications Consultants to learn more about the solutions。
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。
