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Which is better, Hong Kong No. 9 license application or acquisition and transfer?

Financial card care question

recently,Lide Technology submits application materials,Communicate with the Hong Kong Securities and Futures Commission (SFC),Finally got a green card,Obtained an approval document for Hong Kong No. 1 license。In fact, since the beginning of this year,Lead Technology has already begun laying out Hong Kong financial licenses,2In March, we were the first to obtain Hong Kong license No. 9.。Why do many companies obtain Hong Kong license No. 9 through new applications?。Today we focus on the important differences between Hong Kong No. 9 license application and acquisition and transfer。

1,What is the function of Hong Kong License No. 9? Hong Kong’s No. 9 license is equivalent to the mainland’s asset management license,To put it bluntly, it is to manage financial assets for customers.。Got the Hong Kong No. 9 plate,It is equivalent to setting up a private equity company,Able to issue private fund products or public fund products normally,Hong Kong also uses this to distinguish big brands from small brands.。

all in all,Whether it is a mainland enterprise or a Hong Kong enterprise,,Want to help clients manage their assets,Arrange global assets,All applicants must complete the Hong Kong No. 9 license application or acquire the Hong Kong No. 9 license transfer target.。Then the above two methods,Which one is better,The following highlights。 2,Which is the better way to apply for Hong Kong No. 9 license or transfer and acquire it? Although mergers and acquisitions are very common,But it may not be applicable to all enterprises。

The following is mainly introduced in several directions.: time:What is different from mainland financial licenses is that,The time to apply for a new Hong Kong No. 9 license may not be shorter than that of merger and acquisition.,Because shareholders and RO,When the licensee changes,SFC needs to re-examine the qualifications of shareholders,Company qualifications,There are also a lot of materials that need to be submitted,Includes asset reporting,Company flow, etc.。

So if the Hong Kong No. 9 license transfer target is not of very high quality,,It will be easier to apply for a new Hong Kong No. 9 license。 price:Registering a Hong Kong company requires a secretarial company,Registering a Hong Kong company requires a physical location,Applying for Hong Kong No. 9 license requires hiring a sufficient number of individual Hong Kong No. 9 license holders.,These are all needs

cost

of。

but,These combined Hong Kong No. 9 license applications

cost

It will still be lower than the price of purchasing a Hong Kong No. 9 license plate.,The transfer price of a Hong Kong No. 9 license plate on the market has climbed to around three million.。 process:introduced before,Although the process is different,But the actual review time is actually not much different between the two.。 3,What are the specific requirements for Hong Kong No. 9 license application?

Require

  1. Register a Hong Kong company,The company’s business scope should include the type of asset management。If an overseas company in Hong Kong wants to directly engage in asset management business in Hong Kong,You need to register at the registration office before applying for the Hong Kong No. 9 license。
  2. Hong Kong License No. 9 is actually an asset management license,So it represents the interests of investors。

Therefore, the Securities and Futures Commission of Hong Kong

Require

The company itself must have a relatively good corporate structure,There is a complete set of protection systems to ensure that the interests of investors are not violated。(3) Hong Kong Securities and Futures Commission

Require

The company itself should employ a sufficient number of,Comply with the Securities and Futures Commission

Require

responsible person。The responsible officer’s primary responsibility is to supervise the company’s operations,and conduct regular operational reports to the China Securities Regulatory Commission.。

  1. The person in charge mainly assesses academic qualifications,Industry experience,Management experience and regulatory knowledge (regulatory knowledge is actually what we often call laws and regulations)。 Have strong operational ability in handling Hong Kong financial license applications,Rich experience and has handled 800+ cases of new Hong Kong financial license applications and acquisitions。at the same time,In order to allow the boss to launch Hong Kong financial business faster, multiple high-quality Hong Kong financial licenses are available for direct transfer.。

It is recommended that we need to learn more about the Hong Kong No. 9 license application, transfer and acquisition related matters.,You can call us directly to communicate and understand clearly.。


About Hong Kong Xintong

Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong 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

Editing of articles in this issue:

Picture of Zhou Haoming

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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