The Hong Kong market implements a financial license management system, including securities trading, futures contract trading, leveraged foreign exchange trading, securities consulting, institutional financing consulting, listing consulting of the Hong Kong Stock Exchange (investment banking services), securities guarantee financing, asset management and credit rating services. Financial institutions can simultaneously trade stocks, financial derivatives and leveraged foreign exchange. Securities companies or fund companies in Hong Kong can obtain license numbers 1, No.2, No.4, No.6 and No.9. Therefore, many domestic counterparts have consulted Hong Kong about the transfer of asset management licenses, stock exchange licenses, futures contract trading licenses and institutional financing proposal licenses (investment banking licenses):

Permission application matters to obtain permission

Shareholders review shareholders' background, capital status, capital source and legitimacy 1, 2 review shareholders' background, capital status, capital source and legitimacy 1, 2

Business, operation, management, compliance, corporate governance, trading systems and facilities, etc. Be re-established. You can continue to use the existing systems and facilities of the acquired licensing company. three

The person in charge and other employees need to find suitable at least 2 persons in charge. 2. They can continue to employ the responsible persons and employees of the acquired licensing company. three

Material preparation and approval time 9-1February 4, about 6 months 4

The probability of successful approval is medium 5 and high 5.

1. The applicant must ensure that there are sufficient legal funds in the banking system of Hong Kong at the time of application for obtaining an existing license or applying for a new license and operating a licensed company.

2. Major examination and approval matters of the CSRC (the deliberation of the CSRC will vary with time and case, and the scope of deliberation may not be limited to the above matters).

3. The CSRC has recognized the governance and measures of the original shareholders and the management team, but it will also ask the shareholders about the situation after the share conversion.

This is an estimate of the general situation, and the application time may be affected by the actual situation and individual circumstances.

This is an estimate of the general situation. When applying, the actual situation is different from the case, which may affect the chances of successful application.

6. If you have any further questions, please consult Success Power Investment Consultant Co., Ltd..