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Hong Kong No. 9 plate processing,Transfer of companies licensed by the Securities and Futures Commission of Hong Kong

Financial card care question

Companies that recently received the "No. 9 License",In addition to some internationally renowned funds,There are also many companies that are not engaged in the financial industry.,For example, TCL Capital, a subsidiary of TCL Group(HongKong)Limited、Yuzhou Real Estate, a mainland real estate company that has acquired land in the Mid-Levels in Hong Kong(1628)Related Yuzhou Financial、China Rich Financial(0290)Shengyue Asset Management, which indirectly holds shares, etc.。

Hong Kong asset management equipment

Advantages

Attracting Chinese enterprises to settle down, Xu Zhaozhong pointed out,After years of hard work,Hong Kong’s asset management industry,There is a certain amount in Asia

Advantages

,Attracting many Chinese companies to set up asset management companies in Hong Kong,Among them are the parent companies of many companies,This business is not a financial institution,However, due to the rapid development of Chinese companies,,And business globalization requires certain financial operations and asset allocation.,Therefore, I came to Hong Kong to set up an asset management company on my own.,more cost effective。

Lukfook Asset Management, a subsidiary of Lukfook Financial, was issued the “No. 9 License”,Xu Zhaozhong said,Lukfook Asset Management is in the start-up stage,There are currently no fund products,However, obtaining the "No. 9 License" marks the expansion and normalization of the group's asset management business.,Huge demand for mainland investors to diversify their asset allocation。

It does not necessarily mean that the "North Water" will move south in a big way. He believes that,The number of "No. 9 licenses" issued by the China Securities Regulatory Commission has increased significantly in recent years.,Mainly due to the greater increase in companies applying for licenses,It’s not that the SFC is “relaxing”。but,he thinks,Hong Kong stock market conditions and transactions will remain sluggish this year,Even though there are more "No. 9 plates" in Hong Kong,However, under mainland capital controls and the inability of the RMB to be freely convertible,,It is expected that "Beishui" will be difficult to flock to Hong Kong due to the large number of Chinese-funded institutions obtaining "No. 9 License"。

But in the long run,He believes that "Beishui" has great willingness to come to Hong Kong for asset allocation,But the main premise is that Hong Kong must not only continue to strengthen the existing stock market,We also need to develop more products for the bond market and commodity market.,This will help further improve the efficiency of Hong Kong’s asset management industry.


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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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