Licensing consultants can cost as much as $1 million to advise corporations on the appliance, an individual accustomed to the matter mentioned. Exchanges are required to keep up a paid-up share capital of 5 million Hong Kong {dollars} ($640,000), and liquid capital of not less than $380,000. They have to maintain liquid belongings equal to not less than a 12 months of working bills, not counting digital belongings.