近期获发Hong Kong Securities and Futures Commission第9类牌照(asset Management) institution,In addition to internationally renowned funds,There are also many non-financial companies。For example,TCL Capital, a subsidiary of TCL Group (Hong Kong) Limited、Yuzhou Financial, which is related to Yuzhou Real Estate (01628), a Chinese real estate company that has invested in mid-level land in Hong Kong、As well as Shengyue Asset Management, which is indirectly held by China Fortune Financial (00290), etc.。
Hong Kong’s asset management advantages attract Chinese companies to settle in
Xu Zhaozhong pointed out,After years of development,Hong Kong Asset Management IndustryCertain advantages have been established in Asia,Attracting a large number of Chinese-funded enterprises to set up asset management companies in Hong Kong。The main business of the parent company of many of these companies is not finance.,However, with the advancement of internationalization and business globalization,The enterprise itself needs to carry out financial operations and asset allocation,Therefore, we directly set up an asset management company in Hong Kong.,more cost effective。
Take Lukfook Asset Management, a subsidiary of Lukfook Financial, as an example,Although the company is in its start-up stage,No fund products have been launched yet,but obtain9license plateMarking the expansion and normalization of the group’s asset management business,Facing the huge demand for diversified asset allocation among mainland investors。
This does not necessarily mean that the "Northern Water" will move southward in a big way
Xu Zhaozhong believes,近年证监会发出的9号牌数量大增,Mainly due to the huge increase in the number of companies applying for licenses,It is not a relaxation of the approval standards。but,He believes that the market conditions and trading volume of the Hong Kong stock market will still be sluggish this year.,Even though the number of institutions holding No. 9 license in Hong Kong has increased,However, in the context of mainland capital controls and the inability of the RMB to be freely convertible,,It is difficult for "Beishui" to flood in due to the large number of Chinese-funded institutions obtaining No. 9 license plates。

in the long run,"Beishui" has a strong willingness to come to Hong Kong for asset allocation,But the main premise is that Hong Kong must not only continue to strengthen its existing stock market,It is also necessary to develop more products in the bond market and commodity market,In order to further improve the efficiency of Hong Kong’s asset management industry。
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。

