Hongkong

Hong Kong’s Type 1 license (securities trading) is issued by the Hong Kong Securities and Futures Commission (SFC) in accordance with the Securities and Futures Ordinance (SFO) officially implemented in 2003.，It is the core access qualification for Hong Kong’s capital market.。Licensed corporations are allowed to execute securities transactions on behalf of clients、Providing securities margin financing and fund distribution。Under the Financial Resources Rules (FRR)，The applicant corporation must maintain a paid-up share capital of HK$5 million to HK$10 million and liquid capital of HK$3 million.。Corporations must establish substantial physical offices in Hong Kong，and appoint at least 2 Responsible Officer (RO) and 8 Project Core Function Manager (MIC)。in recent years，SFC establishes regulatory framework for virtual assets (VA)，1Number plate becomes the legal prerequisite for traditional institutions to conduct VA transactions。Hong Kong Huitong provides coverage for corporate establishment、RO/MIC fitness (Fit & Proper) match、Legal agency services for business plan preparation and SFC inquiry (Requisitions) defense。

Hong Kong Virtual Asset Service Provider (VASP) and Trading Platform Operator (VATP) License，Regulated by the dual licensing regime of the Hong Kong Securities and Futures Commission (SFC) (covering SFO No. 1、7Class and AMLO license，The practice is collectively referred to as "1+7+VASP")。Since the compulsory licensing system comes into effect in June 2023，Capital threshold for industry entry (5 million paid/3 million quick)、High legal standards have been established in terms of asset custody (AE+TCSP and 98% cold wallet reserve) and external assessment (EAR)。Hong Kong Huitong provides applying entities with coverage of the establishment of Hong Kong corporations.、TCSP trust subsidiary structure construction、Coordination of external evaluation reports、Full case legal agency services for Responsible Officer (RO) eligibility review and SFC administrative inquiry defense。