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Hong Kong Asset Management License No. 9:Application conditions、Licensee requirements and cross-border investment examples

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Hong Kong license number 9Overview

Hong Kong Financial License No. 9 is a Type 9 regulated business qualification license issued by the Securities and Futures Commission of Hong Kong in accordance with the Securities and Futures Ordinance.,also known asAsset management license。Hong Kong’s financial licensing system covers ten types of regulated activities,Among them, license No. 9 is specifically for asset management business.。Driven by interconnection mechanisms such as Shenzhen-Hong Kong Stock Connect,Mainland institutions have actively applied for or acquired Type 9 licenses in recent years,To expand the cross-border asset management market。

Basic requirements for applying for Hong Kong No. 9 license

Apply for Hong Kong Asset Management License No. 9,Core requirements include having at least twolicensed representative(person in charge)。If the applicant can provide some qualification documents by himself,The overall service fee will be reduced accordingly;If you choose the all-inclusive plan,The cost is basically the same as directly acquiring an existing license.。Specific application and acquisition plans,For consultation, please call Hong Kong Information Network:134-170-46218。

License application examples:private equity fundscross-border acquisition

Hong Kong private equity funds holding license No. 9 can flexibly participate in overseas investments。Nuo Capital, a private equity fund under the Hong Kong Bao Group, recently acquired a 30% stake in Sozzi Arredamento Group, the parent company of Italian luxury furniture brand Promemoria.。Romeo Sozzi, president and founder of the group announced,Signed a medium- and long-term cooperation agreement with Nuo Capital。

According to the agreement,Nuo Capital will hold 30% stake,and appointed a new general manager to join the leadership team,With Romeo Sozzi and his three sons - Paolo (responsible for product)、Davide (responsible for projects) and Paolo (responsible for R&D and operations) jointly manage the brand。Promemoria said,Both parties share the same vision for the future development of the brand,This cooperation will not change the existing management and strategic planning。also,Brand confirmed for 2018 in Munich、Hamburger、Opening of single-brand stores in Hong Kong and Miami。

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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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Zhou Haoming

Zhou Haoming has experience in the fields of asset management and securities regulatory compliance in Hong Kong. 8 years of experience,Served in key business and compliance positions in a licensed asset management company。He is familiar with the Hong Kong Securities and Futures Commission (SFC) regarding 9 Application conditions for asset management license、Risk control framework requirements、internal compliance system、Compliance rules such as portfolio management control and officer qualification requirements。Zhou Haoming is good at formulating internal compliance manuals and ongoing operational compliance processes that comply with the Securities and Futures Ordinance.。

Areas of expertise:SFC 9 Application for number license、risk control framework、Officer qualification requirements、Securities and Futures Ordinance、Internal Compliance Manual。

Previous institutions:Hong Kong licensed asset management company & SFC Compliance Team

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