Since the domestic A-share market has not yet been fully internationalized,，More and more management institutions choose to enter the Hong Kong market，Introduce overseas investors by setting up a company in Hong Kong。we observed，Many private equity fund managers are actively considering applying for a Type 9 license from the Hong Kong Securities and Futures Commission，Build Hong Kong into a hub for attracting international capital and developmentAsset management businessimportant platform。
According to Hong Kong’s Securities and Futures Ordinance，Hong Kong’s Type 9 license is mainly applicable to institutions that provide regulated activities such as managing securities or futures contract investment portfolios。For companies planning to launch asset management business in Hong Kong，Whether it meets the licensing standards of the Securities Regulatory Commission、Corporate structure requirements、Responsible personConfiguration andOngoing Compliance Responsibilities，These are the core issues that must be assessed before applying.。
Hong Kong license number 9General licensing requirements for
The Securities and Futures Commission of Hong Kong will only issue licenses to applicants who meet the "fit and proper" criteria，Applicants include companies and related personnel。The SFC will usually assess whether an applicant is fit and proper from the following aspects:：
- Financial condition and solvency；
- Educational qualifications、Other qualifications and relevant experience，and will make a judgment based on the nature of the functions the applicant intends to perform.；
- Are you capable of doing your job competently?、Conduct relevant regulated activities honestly and fairly；
- Reputation、character、Reliability and financial soundness。
It should be noted that，Licensed corporations and individuals affiliated with licensed corporations，In addition to complying with securities and futures regulatory requirements，You must also comply with other Hong Kong legal requirements including immigration and taxation.。
asset management companySubject requirements for applying for Hong Kong No. 9 license
Asset management companies planning to apply for a Type 9 license in Hong Kong，Must be a company incorporated in Hong Kong，Or an overseas corporation registered with the Hong Kong Companies Registry。According to the Securities and Futures Ordinance，Neither sole proprietorship nor partnership will be issued a license。
When assessing whether a company is a fit and proper person，The China Securities Regulatory Commission will comprehensively consider the company’s financial status and solvency、Qualifications and experience of company personnel，and whether the company has the ability to carry out regulated activities competently。
In terms of competence，The company must demonstrate that it has an appropriate business structure、Good internal control system and qualified personnel，to ensure proper risk management，and comply with relevant rules and regulations。
Responsible personnel and licensed representative configuration requirements
Asset management company issued Type 9 license，There must be at least two responsible persons。For the nationality of licensed individuals and responsible persons，The Securities and Futures Commission of Hong Kong does not have any restrictions or special requirements。
At least one responsible officer of the asset management company must be a member of the board of directors。but，If other board members are not actively involved in or directly responsible for overseeing asset management activities，You do not necessarily need to be licensed to be a responsible person in the asset management business。
also，The SFC requires that at least one responsible officer must be based in Hong Kong，in order to directly supervise the relevant business。The responsible officer does not need to be in Hong Kong at all times，but when needed，The SFC must have immediate access to at least one responsible officer of the asset management company。
Except for the responsible person，Any person who conducts asset management activities for or on behalf of a licensed asset management company，All must be licensed to become licensed representatives。
Hong Kong license number 9Funding requirements
Companies planning to apply for a Hong Kong Securities and Futures Commission license，Must meet relevant funding requirements。If the company holds a Type 9 regulated activity license，and will not hold customer information，You must maintain a minimum liquid capital of HK$100,000。
Ongoing compliance responsibilities after license is issued
After the company obtains the Type 9 license，Still must continue to maintain fit and proper status，and comply with all applicable provisions of the Securities and Futures Ordinance and its subsidiary legislation，and codes and guidelines issued by the Securities and Futures Commission of Hong Kong。
Licensed companies are required to submit audited accounts and financial returns regularly。at the same time，In the event of specific events related to the company's business，or related information changes，The company must also notify the Securities and Futures Commission of Hong Kong within the prescribed time limit.。
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