Terms and Conditions - Hang Seng Bank

Terms and Conditions for Online Subscription of Secondary Market Bond , Initial Public Offering Bond and/ or Structured Products Lucky Draw Offer (the “Offer”):

The Offer is valid from 1 October 2024 to 31 December 2024, both dates inclusive (the "Promotion Period").
The Offer is applicable to Prestige Private, Prestige Banking, Preferred Banking and Integrated Account personal customers of Hang Seng Bank Limited (the “Bank”) who have successfully subscribed for designated Structured Products (including structured products linked to equities, funds, indexes or interest rates offered by the Bank but do not include Capital Protected Investment Deposit and MaxiInterest Investment Deposit), subscribed for secondary market bond and/or successfully applied and allotted for initial public offering bond (“Designated Investment Products”) via Hang Seng Personal e-Banking or Hang Seng Personal Mobile App during the Promotion Period (“Eligible Customers”). The Bank will determine the eligibility of customers based on the record held by the Bank.

Each Eligible Customer can be entitled to a maximum of 3 lucky draw entries (“Lucky Draw Entry”) to participate in the lucky draw to the following lucky draw gift:

Designated Investment Products	Lucky Draw Entry
Successfully subscribed for secondary market bond	One
Successfully applied and allotted for initial public offering bond	One
Successfully subscribed for designated Structured Products	One

Lucky Draw Gift	No. of winners
Klook electronic gift card (valued at HKD5,000)	6 winners

A total of 6 lucky draw winners will be drawn randomly to get one HKD5,000 Klook Gift Card as the lucky draw gifts (each a "Lucky Draw Gift").
Each Eligible Customer can get a maximum of one Lucky Draw Gift only during the Promotion Period.
The eligibility of the Lucky Draw entry is subject to the Bank's record and discretion. In case of any disputes, the Bank’s decision shall be final and conclusive.
Winners will be notified on or before 31 March 2025. All relevant accounts of the Winners must remain valid until the winning notification is issued by the Bank.
In case of any reason the Bank is unable to provide the Lucky Draw Gifts, the Bank reserves the right to substitute the Lucky Draw Gifts with other gifts at any time without prior notice. The value or nature of the substitute gift may differ from the Lucky Draw Gifts offered for this Offer and no compensation would be provided by the Bank.
The Bank is not the supplier of the Lucky Draw Gifts, and shall not be responsible for any liabilities related to the Lucky Draw Gifts. Any disputes relating to the terms of use of Lucky Draw Gifts shall be settled between the Winners and the relevant suppliers directly. Any matters with regards to the quality and availability of the Lucky Draw Gifts will be the sole obligations of the suppliers or merchants of the Lucky Draw Gifts.
The Offer is considered on a "per-eligible customer basis". In case the relevant account is a joint-named account, only the primary account holder can enjoy the Offer.
Unless otherwise specified, the Offer is not applicable to Business Banking and Private Banking customers of the Bank, and cannot be used in conjunction with other offer(s) of the Bank.
The Bank reserves the right to suspend, vary or terminate all the offers at any time and to amend the relevant terms and conditions from time to time without prior notice. The decision of the Bank on all matters relating to this Offer shall be final and binding on all parties concerned.
No person other than the Customers and the Bank (which includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these terms and conditions.
These terms and conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
These terms and conditions are subject to prevailing regulatory requirements.
In case of any discrepancy between the English and the Chinese versions of these terms and conditions, the English version shall prevail.

Important Risk Disclosure of Bonds

Bonds are investment products. The investment decision is yours but you should not invest in a bond unless the intermediary who sells it to you has explained to you that the bond is suitable to you having regard to your financial situation, investment experience and investment objectives. Your intermediary is under a duty to assure that you understand the nature and risks of this product, and that you have sufficient net worth to be able to assume the risks and bear the potential losses of trading in this product.
Bonds are not deposits and should not be treated as substitute for conventional time deposits.
Investors who purchase bonds are exposed to the credit risk of the issuer and guarantor (if any) of the bonds. There is no assurance of protection against a default by the issuer/guarantor in respect of the repayment obligations. In the worst case scenario, any failure by the issuer and the guarantor (if any) to perform their respective obligations under the bonds may result in a total loss of all of your investment.
Renminbi (RMB) is not a freely convertible currency. As such, investors trading bonds denominated in RMB are subject to additional risks (such as currency risk).
The above is not an exhaustive list of risk factors. Please refer to the section on “Risk Factors” in the relevant “Bond / Certificate of Deposit Trading Services” Factsheet to understand other risk factors applicable to bonds.
The information displayed does not constitute nor is it intended to be construed as any professional advice, offer, solicitation or recommendation to deal in Bonds. Investors should be aware that all investments involve risks (including the possibility of loss of the capital invested). The prices of Bonds may go up as well as down and past performance is not indicative of future performance. Investors should not only base on this information alone to make investment decisions, and should carefully consider whether an investment is suitable for them in view of their own investment objectives, investment experience, investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should read the relevant product offering documents and terms and conditions (including the full text of the risk factors therein) in detail before making any investment decisions. Investors should obtain independent professional advice if they have concerns about their investment.
No guarantee, representation, warranty or undertaking, express or implied, is made as to the fairness, accuracy, timeliness, completeness or correctness of any general financial and market information, news services and market analysis, projections and/or opinions (“Market Information”) provided above and the basis upon which any such Market Information have been made, and no liability or responsibility is accepted by the Bank in relation to the use of or reliance on any such Market Information whatsoever provided in the webinar.
Investors must make their own assessment of the relevance, accuracy and adequacy of the information provided and make such independent research/investigations as they may consider necessary or appropriate for the purpose of such assessment. The Bank does not make any representation or recommendation or assessment as to whether or not any of the investment(s) mentioned are suitable or applicable to any persons and thus shall not be held responsible in this regard.

Risk Disclosure of Structured Products

Structured Products involve derivatives. The investment decision is yours but you should not invest in a Structured Product unless the intermediary who sells it to you has explained to you that the Structured Product is suitable for you having regard to your financial situation, investment experience and investment objectives. Structured Product is a complex product and you should exercise caution in relation to Structured Products. The market value of the Structured Products may fluctuate and investors may sustain a total loss of their investment. Prospective investors should therefore ensure that they understand the nature of the Structured Products and carefully study the risk factors set out in the offering documents for the Structured Products and, where necessary, seek independent professional advice, before they decide whether to invest in any Structured Products. If you purchase the Structured Products, you are relying upon the creditworthiness of the Issuer of the Structured Products.
Liquidity risk - Structured Products are designed to be held to its maturity. You may not be able to sell your investment in the Structured Products before maturity. If you try to sell the Structured Products before maturity, the amount you receive may be substantially less than the investment amount you paid for the Structured Products.
Credit risk of the Structured Products issuer - Structured Products constitute general unsecured and unsubordinated contractual obligations of the issuer. When you buy Structured Products, you will be relying on the creditworthiness of the Structured Products issuer and of no other person. You have no rights under the terms and conditions of the Structured Products against any issuer of any linked underlying(s). If the relevant Structured Products issuer becomes insolvent or default on its obligations under the Structured Products, in the worst case scenario, you could lose all of your investment.
Not the same as investing in linked underlying(s) - Investing in Structured Products is not the same as investing in the linked underlying(s). Changes in the market price or level of any linked underlying(s) may not lead to a corresponding change in the market value of, or your potential gain or loss under, the Structured Products.
Before making any investment, investors should i) read and fully understand all the offering documents relating to Structured Products and all the risk disclosure statements and risk warnings therein; and ii) make investment decisions in light of your own investment objectives, financial position and particular needs and where necessary consult your own professional advisers before investing.