Amber Hill commenced operations in Mainland China since 2017 through its affiliates, mainly engaging in asset management. The affiliated companies hold licenses in private equity category, private stock category and private others category, covering standardised and non-standardised asset across different kinds of investments in primary and secondary markets. Our representative offices are located in Guangzhou, Shenzhen and Shanghai.
Amber Hill commenced business in Hong Kong since 2010 and Hong Kong is the management and administration center of the Group. One of the principal businesses of the Group currently in Hong Kong is to manage the segregated portfolio company incorporated in the Cayman Islands. Our subsidiaries and affiliated companies currently hold licenses issued by the Securities and Futures Commission, Insurance Brokers License and TCSP License. We provide comprehensive service to satisfy the increasing demand of high-net-worth customers, from insurance services, asset management, wealth management, family trust, private wealth planning to family office. We also provide offshore wealth management service to assist our customers to diversify their investment portfolio.
We see enormous business opportunities in Chinese Taipei and are confident in this rising market. The Group has recently formed a strategic alliance with Amber Hill Glory, which represents a great step forward in the Group expansion plan in Chinese Taipei. Through its affiliates in Chinese Taipei, Amber Hill provides services including wealth management and financial planning services.
Amber Hill established its presence in Singapore in December 2018 and our fellow subsidiary in Singapore holds a license of Capital Markets Services for Fund Management by the Monetary Authority of Singapore. Our principal businesses in Singapore include offshore investment management and wealth management services. We are expanding our wealth management business in Singapore rapidly and provide customised and comprehensive wealth management solutions to satisfy customers’ overseas investment needs, and assist customers to capture global investment opportunities.