Company: GRAN
Filing Date: 2025-07-01
Form Type: 424B4
Source: 0001213900-25-060039
Chunk: 150

Company: Grande Group Ltd/HK
Filing Date: 2025-07-01
Form: 424B4
Chunk 150
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 and funding, which are vital to the growth of the ecosystem. Hong Kong as the dominant gateway to the Mainland China Hong Kong has always played a strategic role in linking the Mainland China market with international financial markets, providing international investors with a familiar regime and platform to conduct various kinds of financial, investment and wealth management activities. The National 14 thFive -YearPlan strengthens Hong Kong’s position as an international financial center, a global offshore renminbi business hub, as well as asset management and risk management centers. This together with global economic trends has reinforced our conviction that Hong Kong should continue to enhance its unique value as a bridge connecting the Mainland China and international markets. Opening Up New Capital Sources At the end of 2023, the Asia -Pacificregion’s first Exchange Traded Fund (ETF), which tracks stocks in Saudi Arabia, was listed in Hong Kong, a milestone in enhanced mutual access between our two markets. The HKMA is also working with a number of financial institutions on the listing of an ETF in the Middle East that tracks Hong Kong stock indices. 87 Entry Barriers to the Corporate Finance Advisory in Hong Kong Regulatory requirements SFC is the gatekeeper of standards for individuals and corporations seeking to enter the securities and futures markets of Hong Kong. As a highly regulated industry in Hong Kong, the licensing requirements imposed by the SFC must be met and the cost for new entrants to comply with and fulfil licensing conditions and ongoing regulatory requirements under the Securities and Futures Ordinance (SFO) is high. The SFC operates a system of authorizing corporations and individuals to act as financial intermediaries through licenses. Through licensing, the SFC regulates the financial intermediaries of licensed corporations and individuals that are carrying out the regulated activities, including mainly dealing in and advising on securities and futures, leveraging foreign exchange trading, asset management, and so on. Requirement to comply with the Securities and Futures (Financial Resources) Rules The requirement is to always maintain a minimum paid -upshare capital and liquid capital pursuant to the relevant requirements under the SFO. In the case of Type 6 (advising on corporate finance) regulated activity where the corporation is subject to the licensing condition that it shall not hold client assets, the minimum liquid capital requirement is HK$100,000. In the case of Type 6 (advising on corporate finance) regulated activity where the corporation is qualified to act as a sponsor, which is the case for Grande Capital, the minimum paid -upshare capital and the minimum liquid capital requirement is HK