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ByteDance Co-founder Zhang Yiming's Firm Receives Type 9 Asset Mgmt License from HK SFC
Cool River Venture HK Limited, a subsidiary of Zhang Yiming, the co-founder of ByteDance, was granted Type 9 asset management license by the Securities and Futures Commission of Ho...
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ByteDance Co-founder Zhang Yiming's Firm Receives Type 9 Asset Mgmt License from HK SFC
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Cool River Venture HK Limited, a subsidiary of Zhang Yiming, the co-founder of ByteDance, was granted Type 9 asset management license by the Securities and Futures Commission of Hong Kong (SFC) on 21 November, which allows it to start asset management business in Hong Kong, with Liu Bide and Liu Zhao being the two registered licensed responsible persons, according to the information on the website of the SFC.

Cool River Venture HK Limited was registered in Hong Kong in May 2023, with Zhang being the sole director, while the Company's main office is located on the 21st floor of Two International Finance Centre in Central.

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