In Hong Kong, professional investors (Professional Investors) are divided into three categories:
A. Institutional Professional Investors – i.e. those falling within paragraphs (a) to (i) of Part 1 of Schedule 1 to the Securities and Futures Ordinance (SFO), e.g. authorised banks, licensed intermediaries.
B. Individual Professional Investors – i.e. individuals who, either alone or with their spouse or children on a joint account, have a portfolio of at least HK$8 million or its foreign currency equivalent. The term “portfolio” is defined as a portfolio of securities, money held by a custodian or a certificate of deposit issued by a Hong Kong authorised financial institution or a bank which is regulated in any other jurisdiction.
C. Corporate Professional Investors being:
a. Trust corporations with trust assets of at least HK$40 million;
FinEX Asia Investment Limited’s products may only sold to Professional Investors.
b. Corporations or partnerships which have a portfolio of at least HK$8 million or total assets of at least HK$40 million;
c. Corporations whose sole business is to hold investments and which are wholly owned by one or more of the following: (i) a trust corporation within (a) above; (ii) an Individual Professional Investor; (iii) a corporation or partnership within (b) above.