There are ten major categories of securities dealer licenses in Hong Kong，Want to start different financial businesses in Hong Kong，You need to apply to the China Securities Regulatory Commission for different types of financial licenses，This article will focus on analyzing license plate No. 149。

Hong Kong No. 1 license application conditions have changed since Shanghai-Hong Kong Stock Connect、The opening up of stock interoperability mechanisms such as Shenzhen-Hong Kong Stock Connect，Hong Kong’s securities market is developing rapidly，It is increasingly common for mainland investors to deploy Hong Kong financial markets through Hong Kong financial licenses.，

For those mainland Chinese institutions and fund managers who want to gain a foothold in the Hong Kong market，Acquiring licensed companies in Hong Kong seems to have become a popular approach。But in our opinion，

Hong Kong No. 1、4Number、9The license plate is a separate license plate，Different licenses target different business activities，Those who engage in asset management must apply for a Hong Kong license No. 9，Those who carry out securities consulting must apply for a Hong Kong license No. 4，

Hong Kong’s financial license classification，The most popular financial license is 1、2、4、6、9Number，The Securities and Futures Commission of Hong Kong has different requirements for different types of license applications.，The difficulty of applying for a license is also different.。Hong Kong Securities and Futures Commission regulations，

Cooperation and exchanges between Hong Kong and the Mainland are reflected in all aspects，Securities exchange is one aspect。Securities exchanges between Hong Kong and mainland China benefit from the opening of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.，Many mainland companies are no longer satisfied with deploying the mainland's financial market.，

Domestic financial industry is turbulent，Far less stable than overseas assets，Therefore, in recent years, domestic private equity and other financial institutions have been applying for Hong Kong No. 149 licenses.，The new battlefield of Zhulu International Assets has begun。

Compared with the financial license application in the Mainland,，It is still relatively difficult to apply for a Hong Kong financial license.。Let’s look at a data，As of September last year，There are a total of 1,093 organizations holding Hong Kong License No. 1，

There are ten major categories of securities dealer licenses in Hong Kong，Want to start different financial businesses in Hong Kong，You need to apply to the China Securities Regulatory Commission for different types of financial licenses，This article will focus on analyzing license plate No. 149。

According to the Hong Kong Securities Regulatory Commission’s statistics on licensed companies holding Hong Kong financial licenses，As of December 2017，The total number of licensed companies in Hong Kong reaches 4892。The number of Hong Kong No. 149 license plates processed accounted for 82.07%，