EXPERIENCE SHARING CASES
香港上環皇后大道中 287-299號 299QRC 11樓1104室
電話：+852 3955 0277
EXPERIENCE SHARING CASES
Experience Sharing Cases — Client C
Client C was founded in China in 1992. The present substantial shareholder is a listed company in China A-shares. The major business is dealing in futures contracts, advising on futures contracts and asset management. Approved by China Securities Regulatory Commission, Client C is a model enterprise leading futures industry in China and actively takes part in developing foreign futures brokerage.
ComplianceOne provides Client C with ongoing compliance support service. We act as the bridge of communication between the client and the SFC; we draft the reply to the enquiry from the SFC; we solve the problems concerning the substantial shareholder and shareholding structure.
Now, ComplianceOne is handling a project about A-shares listing and equity transfer for Client C. We are providing compliance advisory service which is relevant to the licences; conducting a comprehensive review and being their representative to communicate with the SFC.
Experience Sharing Cases — Client B
Client B is a large-scaled conglomerate and State-owned enterprise. The Group has onshore and offshore assets of 10 billion RMB. Under the direction of the Group leaders and the support from relevant departments, the Group was getting involved actively in the works related to financial licenses in Hong Kong. ComplianceOne assisted Client B to purchase Hong Kong companies with financial licenses. Related works include negotiating with potential sellers, drafting Memorandum of understanding (MOU), following up audit report, arranging transaction procedures and so forth. Eventually, Client B successfully purchases a Hong Kong asset management company (Type 9 licence).
Currently, we are constantly cooperating with Client B to provide ongoing compliance and operational support service; set up a Cayman Islands offshore fund; assist in issues regarding the purchase of Type 1 licence; recruit Responsible Officers/ Finance and Accounting officers/ dealing officers/ marketing officers, and apply for Type 4 licence.
Clients:
Our clients come from Hong Kong, mainland China, Taiwan, Korea, United Kingdom, Singapore, Cambodia, Italy and so on. We also have state-owned enterprise client.
Experience Sharing Cases — Client A
Client A is a Private Fund in Shenzhen, established in 2011. As a registered member of the Asset Management Association of China, Client A is specialized in Pre-IPO investment in mainland China for years. For the expansion of service scope, Client A came to Hong Kong to develop a comprehensive financial platform. With successful application for Type 1, 4 and 9 licenses, their business has stretched from A-shares (mainland China) to Hong Kong stock market. ComplianceOne provided Client A with comprehensive services: company registration; office renting assistance at Hong Kong Island; recruitment of RO and other personnel; application for SFC Type 1, 4 and 9 licenses; application for HKEX Trading Right and Participantship; setting up a Cayman Islands fund which objective is equity investment (Segregated Portfolio Company, or SPC structure). Client A has already completed the first significant project during mid-2019. The fund invested HK$200 million in a Hong Kong listed company.