Shanghai-Hong Kong Stock Connect、Shenzhen-Hong Kong Stock Connect opened one after another，Further stimulate mainland asset management institutions to rush to enter the Hong Kong market，Introduce overseas investors by setting up a Hong Kong company。港信通观察到，At this stage, a large number of mainland private equity institutions are actively planning to applyHong Kong financial license，Among themHong Kong Asset Management License No. 9most popular。
The Hong Kong market implements a financial license management system，Financial institutions can conduct securities transactions at the same time、futures、Forex、Trading of gold and other varieties，But must be licensed。The Securities and Futures Ordinance issued by the Hong Kong Securities and Futures Commission divides regulated businesses into 10 categories，Category 9 is an asset management license。All companies providing services in managing portfolios of securities or futures contracts in Hong Kong，including fund management companies，均须先取得“9号牌照”。
Application conditions
Apply for Hong Kong Asset Management License No. 9，The following conditions must be met：
- Have an appropriate business structure、Good internal control system and qualified personnel，To ensure proper risk management and compliance with relevant regulations。
- at least twoHong Kong No. 9 License Practice：RO configuration、Capital requirements and processing paths。The China Securities Regulatory Commission has no restrictions or special regulations on its nationality。
- At least one responsible officer of the asset management company must be a member of the board of directors。If other directors do not actively participate in or directly supervise asset management activities，It is not necessary to be licensed to be a responsible officer。
- Except for the responsible person，Any person who carries out asset management activities for or on behalf of a licensed asset management company，All must be licensed to serve as representatives。
Key advantages of holding a Type 9 license
After domestic private equity institutions obtain Hong Kong’s No. 9 asset management license，It will form the following advantages:：
- The company is eligible to provide stocks to domestic and foreign institutions、fund、Bond and other investment portfolio management services。
- Leveraging the Hong Kong Asset Management Platform，Companies can not only develop overseas real estate、Stock funds and other products，Investment immigration can also be launched、Investment consulting and other value-added services，Provide more diversified services to high net worth clients。
- Overseas investors are more sensible，Once funds are selected, they will be held for the long term，More relaxed performance requirements。In China, it is usually required that positive income reaches a new high before 20% of floating income can be withdrawn.，Overseas, you only need to exceed the international mainstream stock index to withdraw profits.。
- Private equity institutions can participate in overseas investments，Not only expands the scope of investment targets，and benefit from relative rationality、Well-established overseas market environment，Provide better practical soil for value investment concepts。
- Establishing an investment company in Hong Kong can enjoy tax benefits。Many private equity institutions choose to register in the Cayman Islands，At the same time, a fund management company was established in Hong Kong，Effectively reduce tax burden。
- After accumulating sufficient operating experience and investment experience in the international market,，Private equity institutions can cultivate more mature operating models and management teams，Improve one's competitiveness，Officially entered the ranks of international asset management companies。
How to obtain
现阶段获取Hong Kong license number 9There are two main ways：One is to set up a subsidiary in Hong Kong；The second is to directly acquire a company that has successfully obtained the No. 9 license.。
Learned from domestic private equity managers who already hold No. 9 license，At present, there are relatively few cases of obtaining licenses to enter the international market through direct acquisition.。generally，Larger mainland private equity institutions are more likely to set up subsidiaries in Hong Kong，This can keep the name of the Hong Kong company consistent or similar to that of the mainland parent company，Conducive to brand building。at the same time，Direct acquisition of licenses and initiation of application for licenses cost、There is no significant difference in time and overall cost。therefore，港信通建议拟申请香港9号牌照的私募机构，Choose the most appropriate acquisition method according to your actual situation。
Except Hong Kong license No. 9，港信通亦提供香港1-9号金融牌照的申请咨询与转让中介服务，We also provide application and transfer support for a series of domestic financial licenses to institutions in need.，Includes private equity fund license、Public fund license、Fund sales license and insurance intermediary license, etc.。For further information，欢迎联系港信通市场顾问。
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。
