Hong Kong is a special administrative region under "one country, two systems"，Maintain a highly open financial market environment for the long term。As the demand from mainland institutions to carry out securities and asset management business in Hong Kong increases,，Hong Kong License No. 149It has become a compliance configuration that many financial institutions focus on when deploying the Hong Kong market.。
in Hong Kong，There are 12 types of financial licenses defined in the Securities and Futures Ordinance，The more common ones on the market are generally No. 1 toClass 9 license。in，149No. license usually refers to Type 1 securities trading license、Combination of Type 4 Advising on Securities License and Type 9 Asset Management License。If an enterprise has completed the Hong Kong license No. 149 application，Or obtain ready-made license resources that can be changed，This will enable you to accelerate business implementation after completing corresponding compliance changes.。
Since Hong Kong financial licenses are divided by category serial numbers，Business scope corresponding to different licenses、Application requirements、There are differences in staffing and capital conditions。We recommend that companies before formally applying for or acquiring a license，First, clearly judge your own business model、Client asset arrangement and responsible person allocation，To improve overall processing efficiency。
Core Purposes of Hong Kong License No. 149
Class 1 license：Securities trading license
Type 1 license under the Securities and Futures Ordinance is a securities trading license，Mainly used to provide customers with securities trading related services，For example, providing stock and options trading services、Buy and sell bonds for clients、Buy and sell mutual funds, etc.。Type 1 license is the type with the larger number of licensed individuals and licensed entities among Types 1 to 9 licenses.，It is also a common basic license for companies to carry out securities trading business.。
Class 4 license：License to advise on securities
Type 4 license under the Securities and Futures Ordinance is a securities advisory license。Organizations holding such licenses，Can provide investors with appropriate securities investment advice。In practice，In order to cooperate with the development of securities trading business，Type 4 licenses are usually applied for together with Type 1 licenses or configured in combination.。
Class 9 license：Asset management license
Type 9 license under the Securities and Futures Ordinance is an asset management license，Can be used to help overseas customers manage assets。This type of license has long attracted the attention of large mainland private equity institutions.，innocent heart、Shengshi Investment、Institutions such as Tianma Asset have entered the Hong Kong market through application or acquisition.。
Hong Kong license No. 149 application requirements
Category 1 license application requirements
The application for a Type 1 license focuses on whether the business involves holding client assets。Generally speaking，The difficulty of applying for a license that holds client assets is different from that of a license that does not hold client assets.，Regulatory concerns、Internal control arrangements and compliance review requirements will also differ.。Enterprises should plan in advance how to handle customer assets and their operational structure based on their actual business models.。
Category 4 license application requirements
Applying for a Type 4 license usually requires registering a Hong Kong company，And configure an organizational structure and compliance management system that is suitable for the company's business scale。at the same time，The company needs to be equipped with more than 2 responsible personnel (RO)。Subject to compliance with regulatory requirements，The licensed responsible person for a Category 4 license may communicate with the Category 1、The responsible persons holding licenses for Type 9 licenses overlap。
Class 9 license application requirements
Apply for a Type 9 asset management license，The enterprise needs to have a company in Hong Kong or be an overseas corporation，And have the corresponding financial capabilities、Personnel qualifications and responsible person allocation。The main requirements include：
- Have a company in Hong Kong，Or apply in the form of an overseas corporation；
- Have certain financial capacity to repay debts；
- Equipped with personnel who have passed the assessment of the Securities and Futures Commission of Hong Kong；
- Equipped with at least 2 persons in charge；
- Have paid-up share capital of more than HK$5 million；
- Have liquid capital of more than HK$3 million。
149licenseRO configurationSuggestions for dealing with existing licenses
Among investors inquiring about application for Hong Kong No. 149 license，Many people hope to find companies with RO。In practice，If the company also owns Category 1、Class 4 and Class 9 licenses，Subject to compliance with the requirements of the Securities and Futures Commission of Hong Kong，Just configure 3 ROs，Some positions can be shared。therefore，When an enterprise is planning to apply for or acquire a license，RO resources should be evaluated simultaneously、past experience、Regulated functions and subsequent changes arrangements。
We have long-term focus on Hong Kong financial license processing，Familiar with the regulatory requirements and license application process of the Hong Kong Securities and Futures Commission，And maintain stable Hong Kong business contacts and licensed talent docking resources。For investors who want to start a business quickly，If you choose the ready-made Hong Kong financial license resources No. 1 to 9，After completing the corresponding changes，Can promote business start-up more efficiently。
If you need to know how to apply for Hong Kong No. 149 license、Current card change、RO configuration、Company structure establishment and compliance operation arrangements，Welcome to further communicate with Hong Kong Information Communications，We can provide professional assessment and processing solutions based on the company's business model。
About Hong Kong Xintong
Hong Kong Xintong focuses onHong Kong Securities and Futures Commission license、Hong Kong Insurance Broker License、Hong Kong MSO Licenseandmoneylenders licenseApply for service，Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。
