Hong Kong SFC 1: Hong Kong stock exchange license

One.Hong Kong SFC one license plate business

1. Provide trading/brokerage services for stocks and stock options.

2. Buying and selling bonds for clients.

3. Purchase/sell mutual funds and unit trust fund placement and underwriting securities for clients.

2.Hong Kong SFC one license requirements

The handling conditions of Hong Kong no.1 license are mainly formulated in accordance with the relevant requirements of the Hong Kong securities and futures commission. According to our actual handling experience in mingkang, we can summarize as follows:

1. There should be at least two heads of the organization.The person in charge should have relevant industry qualification certificate or five years of relevant industry experience.

2. The registered capital and working capital shall meet the corresponding requirements for the application of Hong Kong no.1 license.

3. The main body of the company should be a Hong Kong company or a foreign company registered in the Hong Kong registry.

4. The company should have a good business structure and be able to reasonably deal with risks and crises in the business operation.

5. Corresponding directors and responsible personnel are required.

3.How to apply for or buy SFC one

There are two options for holding a Hong Kong securities license:

3.1.Apply for a Hong Kong securities license through the securities and futures commission (SFC);

3.2.Is a direct acquisition of a securities licensing company

I. procedures for purchasing Hong Kong no. 1 license:

1. Prepare application materials that meet the above requirements.

2. Submit the materials to SFC.(mainly investigate the company's personnel, financial situation, ability to fulfill obligations and soundness)

3, after the licensing, also need to submit the relevant financial resources declaration form every month.

II. Application process for Hong Kong no. 1 license:

1. Supplementary conditions: when RO, fund and Hong Kong company are in place, application can be submitted to Hong Kong securities regulatory bureau;

2. Submission of materials: submit the materials related to the application conditions to the acceptance department and submit the application;

3. Audit stage: the SFC shall conduct the audit mainly from the financial situation, personnel qualifications and reputation of the enterprise;

4. License issuance: the SFC issues the Hong Kong no.1 license for qualified units.

4.Application or purchase of license fee

4.1 application fee

Hong Kong no. 1 license fee: fee composition factors are diverse, among which, according to whether to hold investors' assets for operation is different for big 1 license and small 1 license, big 1 can be held, small 1 can not hold, under the balance, the cost of the former slightly higher than the latter.

4.2 license purchase fee

The purchase price of no.1 big-brand license market is between hk $7 million and hk $10 million.

The purchase price of no.1 small license market is between hk $5 million and hk $8 million.