Hong Kong SFC Type 1,4,6,9 License #1005 For Sale
| Category | Details |
| Type of License | Type 1 Dealing in securities |
| Type 4 Advising on securities | |
| Type 6 Advising on corporate finance | |
| Type 9 Asset management | |
| Year of SFC License | – 2005 (Type 1 regulated activity) |
| – 2008 (Type 6 regulated activity) | |
| – 2009 (Type 4, 9 regulated activity) | |
| License Conditions | – For Type 1: Can hold clients’ fund |
| – For Type 1: Licensee shall not engage in securities margin financing. | |
| – For Type 6: Licensee shall not advise on matters/transactions under the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission. | |
| – For Type 6: Licensee shall not act as a sponsor for securities listing on a recognized stock market. | |
| – For Type 9: Licensee shall only provide services to professional investors, as defined by the Securities and Futures Ordinance and its subsidiary legislation. | |
| – Licensee must comply with all custodial requirements for open-ended fund companies, as outlined in the Code on Open-ended Fund Companies and related guidance issued and revised by the Commission. | |
| Cash and Deposits | $4-5m (Seller will increase this amount for SFC assumption) |
| Paid-up Capital | Yes |
| Trading Rights | Yes |
| No. of Shareholders | One BVI company |
| No. of Responsible Officers (RO) | 4 |
| Total Salary of RO | Negotiable |
| RO Stay | Can stay |
| Total Salary of Staff | Negotiable |
| No. of Clients | 100 |
| P&L Over Past 3 Years | Loss |
| Cash/Margin (RA1) | Cash only |
| Trading System (RA1) | Yes |
| Internet Trading (RA1) | Yes |
| No. of Funds/AUM (RA9) | Nil |
| Office Location | Central |
| Office Rental | No rental commitment |
| Remarks | By demonstrating sufficient funding, $4m held in buyer’s lawyer firm |
For more information, please contact info@acpadvisory.com
