Card of 9 cards volume distinguishs Hong Kong negotiable securities

Card of 9 cards volume distinguishs Hong Kong negotiable securities

The distinction of card of volume of 9 cards of Hong Kong basically depends on 3 respects: 1. Big shop sign of 9 cards of Hong Kong is OK hold client capital, little shop sign of 9 cards of Hong Kong is not OK; 2. Big shop sign of 9 cards of Hong Kong can do fair collect government, little shop sign of 9 cards of Hong Kong is not OK; 3. Bail of big shop sign of 9 cards of Hong Kong at least 5 million Hongkong dollar, little shop sign of 9 cards of Hong Kong does not need.

9 license plate are inspect of Hong Kong card can be released those who carry out " negotiable securities and futures orders " bear license tag of qualification of compasses pipe business the 9th kind, namely asset management license tag. This license plate meant hold to be obtained on international capital market " pass " , can participate in the investment outside the condition directly not only, still can manage the fund that uses overseas investor.

A company gets financial license plate in application or application is become when registering an orgnaization, inspect of Hong Kong card can be met according to " negotiable securities and futures orders " groups of pair of the law that hold a card and the 129th judgement that register an orgnaization to be made as follows, specific content is as follows:
1, main body qualification

Must be the company that establish is registered in Hong Kong or the company outside be in registered sea is registered in Hong Kong company.

2, ;equal;fitter;fittest;qualified;equal to ability

Group of the law that hold a card and register an orgnaization when having relevant business, want to had run the risk that faces possibly when manage, specific and the business personnel that character has appropriate business framework, good internal supervisory system and joint-stock case namely; (specific refer to: Card inspect can announce separately " of;equal;fitter;fittest;qualified;equal to ability how-to " , " hold card person or register of person personal integrity criterion " , " the person that hold a card or the management that register a person, supervise reach in-house monitoring is how-to " ) .

3, functionary

(1) gets compasses canal activity every kinds must at least two functionary monitor commission directly concerned activity;

(2) suffers compasses canal activity every kinds to must at least a controller always can control concerned business. If part arrangement won't create conflict, same person can suffer appoint to supervise a kind over to get compasses canal activity;

(There is at least in 3) controller is to accord with " negotiable securities and futures orders " defines executive trustee;

(4) all executive trustee must be met to card inspect seek sanction;

(When 5) submits license plate to apply for, meet to card inspect the approve application that one submits all drafting that become functionary.

4, the large stockholder qualification that must possess proper person selected

Any large stockholder, senior staff, someone else that get compasses canal activity and employ, with respect to this kinds of activity and a how other of Kui having couplet, must possess the qualification of proper person selected. Concerned detail consults please " negotiable securities and futures orders " the 129th. The course consults relevant data, when applying for license plate, believe Yin plan picture and the SPV such as endowment canal plan picture to be large stockholder without limitation. But basis " negotiable securities and futures orders " the 129th, want to inspect the finance ability of large stockholder and solvency, SPV may pass examine and verify very hard for large stockholder.

5, the finance ability of main body

Group of the law that hold a card and register an orgnaization when having relevant business, must maintain enough capital stock to reach fast use fund (fast move capital to point to: Can rapid changeover becomes cash or the asset) that already belonged to cash form. For example, asset management is provided in application (the 9th kind of license plate) when, group of the law that hold a card and register orgnaization lowest to answer capital stock of 5 1 million HK dollar reachs pay keep 3 1 million HK dollar fast use fund.

According to Hong Kong the person that protect Jian introduces, the basis is OK hold client assets, can divide for big shop sign and little shop sign. Big shop sign (absoluteness) can hold client assets, can do fair collect fund like home same, the client's asset can assemble the account of the company directly, whole asset can have investment government as an unified account. And these investor need not be professional investor (PI) . But because such, to guarantee average investor, inspect of Hong Kong card can ask more strictly to this kind of license plate, mix in pay enough capital stock not only fast move capital respect to have extremely high demand, to supporting card chief (RO) also have very high demand euqally. The market price of big shop sign is so higher, the business that can do is more also, because of this appears on the market greatly the orgnaization is met deflection perhaps buys big license plate at application, the development of facilitating business.

And 9 cards (small license plate) cannot hold client assets, because this must be every client establish independent account, and do not get hold these asset, can manage for you only, and investor also has opposite restriction. Because part account management compares a trouble, this kind of license plate may suit on purpose more do illicit collect fund, do not suit to make more extensive fund case.