The Hong Kong market implements a financial license management system, and financial institutions can trade stocks, financial derivatives, foreign exchange and gold at the same time.
License No.9 is an asset management license issued and implemented by the Hong Kong Securities Regulatory Commission, which is the qualification license for the ninth regulated business of the Securities and Futures Ordinance. Holding this license means getting the "passport" of the international capital market, not only can directly participate in overseas investment, but also can manage and use the funds of overseas investors.
There are often mainland companies engaged in financial business or companies in other industries that have the strength to develop asset management in Hong Kong to consult about the conditions for handling Hong Kong's No.9 license. Now, let's popularize the relevant precautions:
First, a Hong Kong company must be registered in Hong Kong, and then the company needs to prepare about 3 million to 5 million Hong Kong dollars as the working capital of the Hong Kong company, which proves that the company has the strength to engage in related business development. It is best to have an actual office space in Hong Kong, which is what real enterprises usually do. Then, the company's executives and licensees should be in place, and the rest is the information system that the company needs when it needs exhibitions, which can be bought or rented. After passing the test, it can wait for the license.
License No.4 is a license granted by the Hong Kong Securities Regulatory Commission to provide securities investment consulting services. As a domestic securities and futures, asset management, international trust and private equity fund company, how to apply to the Hong Kong Securities Regulatory Commission for successfully issuing these financial licenses, fully participate in international capital market investment, expand the scope of investment targets, and enrich investors' product choices; On the other hand, we can seize the investment opportunities in overseas markets, improve the company's asset management ability and market competitiveness, and enter the ranks of international asset management companies.
After obtaining the financial license of the Hong Kong Securities Regulatory Commission, the company will be qualified to provide various financial products and services such as stocks, funds and bonds to domestic and foreign institutions. Using Hong Kong's capital market platform, we can not only develop more products such as overseas real estate or stock funds, but also provide more diversified services for high-net-worth customers by providing value-added services such as investment immigration and investment consulting.
The classification of financial licenses in Hong Kong ranges from 1 to No.9, and the difficulty of applying for various licenses is also different. For example, the application conditions for Hong Kong No.9 asset management license stipulated by the Hong Kong Securities Regulatory Commission require that there are two licensed institutions in Hong Kong, and the licensed institutions need to have a continuous public record of capital market performance for 3-5 years, and have to go through a series of strict audits and qualification examinations. At the same time, enterprises also need to have an actual office address in Hong Kong and an experienced management team to assist in operating the company. Under normal circumstances, obtaining an independent Hong Kong Asset Management No.9 license is the recognition of a company's strength.
The following is a detailed explanation of the contents of various licenses.
Number plate 1: securities trading
1 Provide trading/brokerage services for stocks and stock options for customers.
Buying and selling bonds for customers
Buying and selling mutual funds and unit trust funds for customers, placing and underwriting securities.
Second: futures contract trading.
1 trading of index or commodity futures for customers.
Provide brokerage services for index or commodity futures to customers.
Buying and selling futures contracts for customers
Third: leveraged foreign exchange transactions
Trading foreign exchange for customers in the form of exhibitions.
Fourth: provide securities advice.
1 Provide investment advice for customers to sell or buy securities.
Publish securities research report or analysis.
Fifth: provide advice for futures contracts.
1 Provide investment advice for customers to sell or buy futures contracts.
Release the research report or analysis of futures contracts.
Sixth: provide suggestions for institutional financing.
1 is the sponsor of the IPO of the listing applicant.
2. Express opinions on the company's code of acquisition, merger and share repurchase.
3 to provide advice to listed companies on compliance with listing rules
Section 7: Providing automated trading services.
Operate an electronic trading platform for matching customer orders.
Eighth: provide securities margin financing.
Provide financing for customers who buy stocks, and use customers' stocks as collateral.
Ninth: provide asset management.
Manage the portfolio of securities or futures contracts for customers in the form of discretionary power.
Manage the fund in the form of discretion.