How Can We Help?

According to the Securities and Futures Ordinance, there are 3 categories of professional investors, namely:
Institutional Professional Investor
Corporate Professional Investor
Individual Professional Investor

 

Institutional Professional Investors refer to
Persons falling under paragraphs (a) to (i) of the definition of “professional investor” in section 1 of Part 1 of Schedule 1 to the Securities and Futures Ordinance
Such as recognized exchanges, recognized clearing houses, intermediaries, recognized financial institutions, authorized insurers, recognized collective investment schemes, mandatory provident fund schemes, occupational retirement schemes, governments, etc.

 

Corporate Professional Investors refer to
Trust corporations, corporations, or partnerships falling under sections 4, 6, or 7 of the Securities and Futures (Professional Investor) Rules.

 

Individual Professional Investors refer to
Individuals falling under section 5 of the Securities and Futures (Professional Investor) Rules.

 

Proof of assets

Include Cash, bank deposits, stocks, funds, bonds, asset management plans, trust plans, cash portion of futures accounts
Not include
Real estate certificates, futures, private company stocks, MPF, ORSO, insurance contracts (policy).

 

Institutional professional investors are not required to submit proof of assets

 

Corporate professional investor

A trust corporation must have total assets of at least HKD 40 million (or its foreign currency equivalent);
A corporation or partnership must have a portfolio of at least HKD 8 million (or its foreign currency equivalent)), or total assets of at least HKD 40 million (or its foreign currency equivalent).

 

Individual professional investor

A portfolio of at least HKD 8 million (or its foreign currency equivalent)

 

When there is more than one account owner

If the client's assets are proven to be in a joint account without additional proof, the calculation will be done on a pro-rata basis, e.g. 50% for a joint account with 2 persons. The associates of the joint account must be parents, spouse, and children (proof required).

 

Type of certificate documents

Bank statement / securities statement / trust certificate / proof of assets

 

Certificate must contain

Issuing organization, and your name
Total assets of at least HKD 8 million or its foreign currency equivalent (currency needs to be specified).

 

Certificate validity

Date of issue within one year
If multiple certificates are submitted, all certificates must have a date difference of 1 month or less.
Issuer

A statement of account or a certificate issued by a custodian;
A certificate issued by an auditor or a certificated public accountant;
A public filing submitted by or on behalf of the trust corporation (whether on its own behalf or in respect of a trust of which it acts as a trustee), corporation, or partnership.

Please go to HY Pro App - “Me” - “PI” for accreditation.

Before you are accredited as an individual professional investor, you need to clearly understand the risks and consequences, especially concerning the exemption of Solomon from certain requirements of relevant regulations, including but not limited to the following obligations.

 

1. Upon successful application to become a professional investor, Solomon Securities can provide you with more investment products. However, such investment products may not be recognized and regulated by the Hong Kong Securities and Futures Commission, and therefore your investment in such products may carry certain risks. You are advised to seek professional advice from an independent third party before applying.

 

2. Upon becoming a professional investor, you acknowledge that Solomon Securities is exempt from the following obligation to
(a) provide information regarding the identity and employment status of employees of Solomon Securities and other persons acting on behalf of Solomon Securities.
(b) confirm with you the key points of the transaction.
(c) provide you with the data files prescribed by the Stock Exchange of Hong Kong Limited regarding the Nasdaq-Amex Pilot Program.
(d) provide you with any contract notes, statements of account, or receipts as required by the “Securities and Futures (Contract Notes, Statements of Account and Receipt) Rules”. Please note that it is not the case that Solomon Securities will cease to perform these obligations to you, but Solomon Securities has the right to be exempt from such obligations.

 

3. If you find that you no longer qualify as a professional investor, you must inform Solomon Securities immediately. You also have the right to cancel your professional investor status at any time by informing Solomon Securities.