Hong Kong No. 9 License Application|11 measures for opening up the financial industry to the outside world

Hong Kong No. 9 License Application|The financial industry is open to the outside world. 11 applications for Hong Kong No. 9 license|11 central bank website messages for opening up the financial industry to the outside world，为贯彻落实党中央、国务院关于进一步扩大对外开放的决策部署，按照“宜快不宜慢、宜早不宜迟”的原则，在深入研究评估的基础上，推出以下11条金融业对外开放措施：

1. 允许外资机构在华开展信用评级业务时，可以对银行间债券市场和交易所债券市场的所有种类债券评级。
2. 鼓励境外金融机构参与设立、投资入股商业银行理财子公司。
3. 允许境外资产管理机构与中资银行或保险公司的子公司合资设立由外方控股的理财公司。
4. 允许境外金融机构投资设立、参股养老金管理公司。
5. 支持外资全资设立或参股货币经纪公司。
6. The transition period for the increase in the foreign shareholding limit in personal insurance from 51% to 100%，Moved forward from 2021 to 2020。
7. Cancel the requirement that domestic insurance companies hold no less than 75% of the total shares of insurance asset management companies.，Allow foreign investors to hold more than 25% of shares。
8. 放宽外资保险公司准入条件，取消30年经营年限

Require

。

1. Securities companies originally scheduled to be canceled in 2021、The time limit for foreign shareholding ratios in fund management companies and futures companies will be advanced to 2020。
2. 允许外资机构获得银行间债券市场A类主承销牌照。
3. 进一步便利境外机构投资者投资银行间债券市场。What changes will be brought about by the "11 measures for opening up the financial industry to the outside world"?

——It will be more convenient for foreign investors to invest. ——Foreign-funded pension management companies are coming. ——Foreign-controlled wealth management companies are coming. ——It will be easier for foreign insurance companies to come to China. ——It is expected to introduce more diversified life insurance products. ——Elevating "financing difficulties".、Financing is expensive" problem with the introduction of Article 11，Various types of licenses in Hong Kong will also continue to heat up，Among them, No. 9 license plate will be the most。

Mainland China carries out relevant business activities in Hong Kong，Like local investors in Hong Kong, they need to obtain the corresponding business qualification licenses，Hong Kong license No. 9 application has become one of the licenses that mainlanders have been competing to apply for in recent years.。So，What kind of business can be operated with Hong Kong License No. 9? License No. 9：Provide asset management and manage securities or futures contract investment portfolios for clients on a discretionary basis. Manage funds on a discretionary basis. What are the benefits of holding No. 9 license plate?

Advantages

？

9The license is a Type 9 regulated business qualification license issued by the Securities and Futures Ordinance of Hong Kong.,i.e. asset management license。Hold this license,It means that you have obtained a "pass-pass" in the international capital market.,Not only can you directly participate in overseas investments,,It can also manage and utilize funds from overseas investors。dealing cards

Require

What are the main factors to consider?

Mainly consider the company's financial status and solvency、Qualifications and experience of company personnel，and whether the company has the ability to conduct regulated activities。

Require

The company must demonstrate that it has an appropriate business structure、Good internal control systems and qualified personnel，To ensure proper risk management and compliance with relevant rules and regulations。What are the personnel

Require

? 2 persons：Responsible officers and licensed representatives。

Responsible person：

Require

Hold a university degree in a specified field (e.g. accounting、Business Administration、economy、Finance and Law) or other degree (and pass the examination in at least two specified subjects)；Professional qualifications (e.g. Chartered Financial Analyst、Certified financial planner, etc.) with at least 3 years of engagement in related industries (recommended for public fund companies) in the past 6 years and more than 2 years of management experience Hong Kong Securities and Futures Practitioners Qualification Examination - Papers 1 and 6 - Qualified Licensed Representative：

Require

Passed the Chinese/English + Mathematics examination in Hong Kong or equivalent (high school public examination such as university entrance examination). In the past 8 years, at least 5 years have been engaged in related industries (some private equity companies are enough). More than 2 years of management experience. Overall, passed the Hong Kong Securities and Futures Practitioners Qualification Examination.，9The gold content of number plates is very high。

For companies that want to expand into overseas financial markets，9Number plate is undoubtedly the first choice。

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