Hong Kong SFC Type 1,4,9 License #1011 For Sale

Key License Details

Type of License (RA): Type 1, 4, 9
License Conditions: Nil
Licensed Since: 2019
Office Location: Wanchai, Hong Kong
Office Monthly Rental: HK$80,000/month
Office Size & Lease: 2,000 sq. ft., lease until November 2025
Trading Rights: SEHK
Internet Trading System: Ayers
Cash/Margin Trading: Cash Trading

Company Structure:

• 1 Hong Kong-incorporated holding structure
  No. of Shareholders: 3
  Total No. of Staff: 5 (3 Responsible Officers + 2 Staff for Accounts and Settlement)
  Total Monthly Salary Expense:

• 2 ROs: HK$90,000/month

• 2 Staff: HK$70,000/month
  No. of Responsible Officers (ROs): 3
  ROs Staying After Transfer: 2

Financial Overview

Total Monthly Operating Expenses:

• Salary: HK$160,000/month

• Rental: HK$80,000/month

• Systems & HKEX Fees: HK$50,000/month
  Total Monthly Expenses: Approximately HK$290,000
  No. of Client Accounts: 200
  Net Asset Value (NAV): Approximately HK$9.6 million

• Including HK$6 million in bank cash
  Paid-up Capital: HK$31,000,000
  Revenue: Minimal

Compliance and Legal Status

Public Disciplinary Action: Nil
Litigation: Nil

Other Information

Bank Accounts:

• CCB (Asia)

• BOC (HK)

• DBS

Reason for Sale: Strategic reasons