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Hong Kong No. 9 financial license:Licensee requirements、Cross-border fundraising advantages and Nuo Capital acquisition examples

Hong Kong No. 9 financial license:Licensee requirements、Cross-border fundraising advantages and Nuo Capital acquisition examples | Hong Kong Xintong Financial Compliance Services

Hong Kong No. 9 financial licenseyesHong Kong Securities and Futures Commission依据《证券及期货条例》发放的第9类受规管业务资格牌照,i.e. asset management license。Driven by interconnection mechanisms such as Shenzhen-Hong Kong Stock Connect,,More and more mainland companies are turning their attention to this license,Actively obtain qualifications through new applications or acquisitions。持有9号牌照的境内私募机构,On the one hand, funds can be raised directly in the Hong Kong market,Guide overseas funds to invest in mainland asset management products;On the other hand, it also facilitates the establishment of an international fund structure.,Provide mainland investors with a compliant overseas asset allocation channel。

香港9号牌照收购审查
Hong Kong No. 9 License Acquisition Review

Core requirements for applying for No. 9 license

Apply for Hong Kong License No. 9The key threshold is the need to have at least two licensed representatives。If the applicant institution itself can provide qualified personnel who meet the requirements of the Securities Regulatory Commission,Overall compliance costs will drop significantly;If the entire process is outsourced,,The overall expenditure may be close to the cost of directly acquiring an existing license。

香港9号金融牌照:持牌人要求、跨境募资优势与Nuo Capital收购实例配图2
Hong Kong No. 9 financial license:Licensee requirements、Cross-border fundraising advantages and Nuo Capital acquisition examples:Relevant supervision and handling points

9号牌照在跨境投资中的应用:Nuo Capital Acquisition

Fund managers holding the No. 9 license can flexibly carry out cross-border investment layout。Nuo Capital, a private equity fund under the Hong Kong Bao Group, passed the No. 9 license qualification,Completed the acquisition of 30% equity of Sozzi Arredamento Group, the parent company of Italian luxury furniture brand Promemoria。Romeo Sozzi, President and Founder of Sozzi Arredamento, has signed a medium- and long-term cooperation agreement with Nuo Capital,After the transaction, a new general manager will be responsible for brand operations together with Romeo Sozzi and his three sons.:Paolo is in charge of products、Davide (architect) is in charge of the project,Another Paolo is responsible for R&D and operations。Promemoria said,Both parties are highly consistent in the future development direction of the brand.,Existing management and strategic planning remain stable,The brand also plans to launch a new exhibition in Munich in 2018、Hamburger、New single-brand stores open in Hong Kong and Miami。

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。

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connect:Hong Kong Information Communications Consultant

Picture of Zhou Haoming

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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