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Hong Kong license number 9:Acquisition advantages and application requirements

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Mention of Hong Kong License No. 9,Most mainland private equity institutions are no strangers to。According to Hong Kong’s Securities and Futures Ordinance,There are 12 types of regulated businesses,Among them, Type 9 license is the asset management license.。Hold this qualification,Mainland enterprises can use Hong Kong as a platform,Provide stocks to investors at home and abroad、fund、Bond and other investment portfolio management services。Against the backdrop of continued tightening of audits by the Hong Kong Securities and Futures Commission (SFC),Obtaining licenses through acquisition has become the main way。

Judging from the data released in 2016,The Hong Kong Securities and Futures Commission has approved asset management licenses for 165 companies,Many of them were obtained through acquisitions。Obtaining a license in the form of transfer will have no impact on normal business operations,and approved by the China Securities Regulatory Commission,More suitable for companies that urgently need to develop overseas business。

At this stage,Hong Kong’s No. 9 license is of critical significance to mainland private equity institutions。Obtain an asset management license,Equivalent to obtaining a pass for overseas business development,Not only can it broaden the scope of investment targets,Easier to gain recognition from overseas investors,At the same time, you can also enjoy the tax advantages of Hong Kong policies.,This is a condition that mainland licenses do not meet。

Advantages of Hong Kong No. 9 License

Holds Hong Kong license No. 9,This means that companies can provide asset management services in Hong Kong,and rely on Hong Kong’s financial market to connect to global capital。The license entitles the holder to invest in、More room for strategic flexibility,At the same time, it will be more competitive in terms of tax structure.,Helps improve the trust of overseas investors and the efficiency of fund raising。

Hong Kong No. 9 license application requirements

Talking about license acquisition and transfer,First, you need to have a basic understanding of license application。The Hong Kong Securities Regulatory Commission has always been rigorous in its review and approval of business qualifications and licenses.,The pace of distribution has been significantly tightened in recent years.,Applicants must meet higher standards to be approved。

The entity applying for the Hong Kong No. 9 license must be a registered Hong Kong company or other overseas corporation,And it needs to be equipped with a compliance monitoring system that matches the business structure.。also,Good solvency is also an indispensable hard condition,to deal with potential risks。Organizations unfamiliar with Hong Kong policies,Priority can be given to business implementation through license acquisition.。

among mainland private equity institutions,Representatives who already hold Hong Kong license No. 9 include Jinglin Assets、Shengshi Investment、Innocent Heart etc.。Through acquisition or new establishment, these enterprises,Successfully improved overseas business layout。


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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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