Hang Seng Bank

Terms and Conditions for Investment Services Lucky Draw (the “Offer”):

The Offer is valid from 1 April 2026 to 30 June 2026, both dates inclusive (the "Promotion Period").
The Offer is applicable to Prestige Private, Prestige Banking, Preferred Banking and Integrated Account personal customers (“Eligible Customers”) of Hang Seng Bank Limited (the “Bank”).

An Eligible Customer who successfully completes a designated product subscription or service (collectively “Designated Items”) using his/her integrated account via eligible channel during the Promotion Period can get a lucky draw chance. Only 1 lucky draw chance will be offered in respect of each Designated Item, and each Eligible Customer can get a maximum of 20 Lucky Draw Entries in total (collectively “Lucky Draw Entries”). Each Eligible Customer participated in the lucky draw can win a maximum one lucky draw prize.

	Designated Items	Terms and Conditions applicable to the Designated Items	Eligible Channel	No. of Lucky Draw Entry upon completion
1	Activate Investment Accounts designated below (“Designated Investment Accounts”): Securities Account (Account suffix 085) Investment Funds Account (Account suffix 382) SimplyFund Account (Account suffix 384) Monthly Investment Plan for Stocks Account (Account suffix 385)	Customers who have not activated all 4 Designated Investment Accounts on or before 31 March 2026 and successfully activated the Designated Investment Accounts that have not been activated by then during the Promotion Period, thereby achieving the activation of all 4 Designated Investment Accounts.	Any channels	1 Entry
2	Open Investment Financing Account (Account suffix 388)	(Only applicable to Prestige Private or Prestige Banking) Customers who have not opened Investment Financing Account on or before 31 March 2026 and successfully opened Investment Financing Account via Eligible Channels during the Promotion Period.	Any channels	1 Entry
3	Complete/ update Risk Profiling Questionnaire	Successfully complete / update the Risk Profiling Questionnaire via Eligible Channels during the Promotion Period.	Any channels	1 Entry
4	Use of “Wealth Master”	Login to “Wealth Master” analyse and generate a report on the investment portfolio in “Wealth Master” via Eligible Channels during the Promotion Period.	Any channels	1 Entry
5	Complete the “Strategic Financial Planning Goal Setting and Goal Tagging”	Setting of financial goal(s) such as Retirement, Managing Wealth, etc., and linkage with a valid Personal Integrated Account or Family+ Account for goal tracking via the Strategic Financial Planning Tool with Eligible Channels during the Promotion Period.	Any channels	1 Entry
6	Submit Hong Kong Investor Identification Regime Consent Form	Successfully submit the Hong Kong Investor Identification Regime Consent Form via Eligible Channels during the Promotion Period.	Any channels	1 Entry
7	Submit W-8BEN Form	Submit Substitute Form W-8BEN via branch or Hang Seng Invest Express mobile app and the form is successfully processed as valid by the Bank subsequently.	Any channels	1 Entry
8	Submit Use of Customer’s Deposit - Related Information Consent Form	Submit the Use of Customer’s Deposit - Related Information Consent Form via Eligible Channels during the Promotion Period.	Branch or Hang Seng Invest Express mobile app	1 Entry
9	Sign up as a Professional Investor	Successfully registered as a Professional Investor via Eligible Channels during the Promotional Period.	Any channels	1 Entry
10	Subscribe for funds via SimplyFund Account (Account suffix 384)	Subscribe for funds through SimplyFund Account via Eligible Channels during the Promotion Period.	Hang Seng Personal e-Banking or Hang Seng Mobile App	1 Entry
11	Subscribe for funds via Investment Fund Account (Account suffix 382)	Subscribe for funds through Investment Fund Account via Eligible Channels during the Promotion Period.	Hang Seng Personal e-Banking or Hang Seng Mobile App	1 Entry
12	Subscribe for Structured Notes	Subscribe for Structured Notes via Eligible Channels during the Promotion Period.	Hang Seng Personal e-Banking or Hang Seng Mobile App	1 Entry
13	Subscribe for Equity-Linked Investment	Subscribe for Equity-Linked Investment via Eligible Channels during the Promotion Period.	Hang Seng Personal e-Banking or Hang Seng Mobile App	1 Entry
14	Subscribe for Bond	Subscribe for Bond via Eligible Channels during the Promotion Period. Applicable to Bonds purchased from Initial Public Offering and secondary market bond. For Initial Public Offering bond, Eligible Customers can be entitled to a lucky draw chance upon successful application and allotment of Initial Public Offering bond during the Promotion Period.	Hang Seng Personal e-Banking or Hang Seng Mobile App	1 Entry
15	Subscribe for Certificate of Deposit	Subscribe for Certificate of Deposit via Eligible Channels during the Promotion Period.	Hang Seng Personal e-Banking or Hang Seng Mobile App	1 Entry
16	Subscribe for Capital Protected Investment Deposit	Subscribe for Capital Protected Investment Deposit via Eligible Channels during the Promotion Period.	Hang Seng Personal e-Banking or Hang Seng Mobile App	1 Entry
17	Subscribe for MaxiInterest Investment Deposit	Subscribe for MaxiInterest Investment Deposit via Eligible Channels during the Promotion Period.	Hang Seng Personal e-Banking or Hang Seng Mobile App	1 Entry
18	Trade via FX And Precious Metal Margin Trading Services or FX2 - FX and Precious Metal Trading Services	Trade via FX And Precious Metal Margin Trading Services or FX2 - FX and Precious Metal Trading Services transactions via Eligible Channels during the Promotion Period. Customers cannot open/ hold a Hang Seng FX and Precious Metal Margin Trading Services Account and a FX2 - FX and Precious Metal Trading Services Account at the same time.	Hang Seng Personal e-Banking or Hang Seng Mobile App	1 Entry
19	Buy stocks	Buy or sell stocks via Eligible Channels during the Promotion Period. Stocks include “HK stocks”, “Stock Connect Securities” and “US stocks” (each as defined below), exclude locally traded overseas stocks, any listed securities settled by non-Hong Kong dollar or non-Renminbi (except US stocks), i-Shares, Exchange Fund Notes, Hong Kong International Airport retail bonds, Government of HKSAR retail bonds/ ibonds, shares subscriptions of Hang Seng Monthly Investment Plans for Stocks and Initial Public Offering (IPO). “HK stocks” refer to Hong Kong dollar-denominated or Renminbi-denominated stocks listed on The Stock Exchange of Hong Kong Limited. “Stock Connect Securities” refer to A-shares/ Exchange Traded Funds (ETFs) listed on the Shanghai Stock Exchange and/ or Shenzhen Stock Exchange and eligible for Shanghai-Hong Kong Stock Connect Northbound Trading/ Shenzhen-Hong Kong Stock Connect Northbound Trading. “US stocks” refer to Common Stocks (excluding warrants), Exchange Traded Funds (ETFs) and American Depository Receipts (ADRs) traded on New York Stock Exchange (NYSE), Nasdaq Global Market (NASDAQ), NYSE Amex Equities Market (AMEX), NYSE ARCA and Chicago Board Options Exchange (CBOE).	Hang Seng Personal e-Banking or Hang Seng Mobile App	1 Entry
20	Sell stocks		Hang Seng Personal e-Banking or Hang Seng Mobile App	1 Entry

Lucky Draw Prize	No. of winners
HKD10,000 Apple Store Gift Card	2 winners
HKD 8,888 Cash Reward	8 winners
One God of Wealth & Gallant Horse 999.9 Pure Gold Medal Ruyi Knot (1.8 gram)*	8 winners

* The God of Wealth & Gallant Horse 999.9 Pure Gold Medal Ruyi Knot (1.8 gram) is 30mm in diameter, it was valued at approximately HKD2,651 (the value excluded the manufacturing cost), according to the supplier's gold price on 4 February 2026.

A total of 18 lucky draw winners (“Winners”) will be drawn randomly, each Eligible Customer can get a maximum of one Lucky Draw Gift only during the Promotion Period.
Completion time of the Designated Items are subject to the Bank's record. The Bank will determine the eligibility of the entries for the Lucky Draw based on the record held by the Bank. In case of any disputes, the Bank’s record shall be final and conclusive.
Winners will be notified on or before 30 Septemper 2026. All relevant accounts of the Winners must remain valid until the winning notification is issued by the Bank.
The Bank reserves the right to substitute the Lucky Draw Prizes with other gifts at any time without prior notice. The value or nature of the substitute gift may differ from the Lucky Draw Prizes mentioned above.
The Bank is not the supplier of the Lucky Draw Prizes, and shall not be responsible for any legal liabilities related to the Lucky Draw Prizes. Any disputes relating to the Lucky Draw Prizes shall be settled between the Eligible Customers and the supplier directly.
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.
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 promotion and the relevant offers 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 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.

For "Risk Profiling Questionnaire"

The Risk Profiling Questionnaire is provided by Hang Seng Bank Limited (the "Bank") and is intended to help the customer understand his/her risk profile and investment needs. The Bank makes no guarantee, representation or warranty and accepts no responsibility or liability as to the accuracy or completeness of the information or recommendation given. The suggestions are derived from information that the customer has provided to the Bank. The suggestions are designed to meet the needs discussed in this test and are in line with the customer's attitude towards risk. The suggestions are for the customer's consideration when making his/her own investment decisions. The suggestions are not an offer to sell or a solicitation to buy any financial products and the suggestions should not be considered as investment advice.

Risk Disclosure of SimplyFund Account

Investors should note that all investments involve risks (including the possibility of loss of the capital invested), prices or value of investment fund units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read carefully and understand the relevant offering documents of the investment funds (including the fund details and full text of the risk factors stated therein) and the Notice to Customers for Fund Investing before making any investment decision. Investment funds are investment products and some may involve derivatives. Investors should carefully consider their own circumstances whether an investment is suitable for them in view of their own investment objectives, investment experience, preferred investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should understand the nature, terms and risks of the investment products. Investors should obtain independent professional advice if they have concerns about their investment.
Not all of the investment funds that are distributed by Hang Seng Bank Limited (the "Bank") are available here. Only specific funds are available for subscription with this account. If you are looking for other investment funds or investment products, please visit our branches or our websites for more information.
In respect of the investment funds available for subscription with this account at the moment, they are provided either by the Bank's wholly owned subsidiary, Hang Seng Investment Management Limited, or by the Bank's affiliates HSBC Global Asset Management (Hong Kong) Limited.

Risk Disclosure of Investment Funds

Investors should note that all investments involve risks (including the possibility of loss of the capital invested), prices or value of investment fund units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read carefully and understand the relevant offering documents of the investment funds (including the fund details and full text of the risk factors stated therein) and the Notice to Customers for Fund Investing before making any investment decision. Investment funds are investment products and some may involve derivatives. Investors should carefully consider their own circumstances whether an investment is suitable for them in view of their own investment objectives, investment experience, preferred investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should understand the nature, terms and risks of the investment products. Investors should obtain independent professional advice if they have concerns about their investment.

Risk Disclosure Statement of Investment Financing Service

PLEASE READ THIS RISK DISCLOSURE STATEMENT CAREFULLY AND CONSULT YOUR OWN LEGAL ADVISER AND/OR OTHER PROFESSIONAL CONSULTANTS AS YOU CONSIDER APPROPRIATE BEFORE YOU DECIDE TO APPLY FOR INVESTMENT FINANCING SERVICE.

Below are the key risks associated with Investment Financing Service (the “Facility”) which are not exhaustive. The Facility is provided by Hang Seng Bank Limited (the “Bank”).

Risk of Trading in Investment Funds and other Investment Products
You should note that all investments involve risks (including the possibility of loss of the capital invested). Prices of units of investment funds or other investment products may go up as well as down and information on past performance is not indicative of future performance. It is as likely that losses will be incurred rather than profit made as a result of buying and selling investment products. You should read and understand the relevant product's offering documents (including the full text of the risk factors stated therein) in detail before making any investment decision.
Risk of Using Leverage
The prices of investment funds and other investment products fluctuate, sometimes dramatically. Financing transactions in investment products by collateral using leverage involves significant risk, and losses may exceed the value of your collateral and may affect your ability to repay the Facility. The higher your leverage is, the bigger your losses can be in adverse market conditions. Contingent orders such as “stop-loss” or “stop-limit” orders may not necessarily limit losses as market conditions may make it impossible to execute contingent orders. You may be required at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Force Liquidation may result in losses and you will remain liable for any resulting deficit in your account and interest charged on your account. You should therefore carefully consider whether such a financing arrangement is suitable for you in light of your own financial position and investment objectives.
Risk associated with Margin Requirements
The Facility is a financing arrangement with margin requirements. The Available Limit of the Facility is determined by the aggregate of the market value of the investment products charged by you in favour of the Bank as collateral from time to time (“Charged Securities”) multiplied by the applicable Loan Ratio and capped at the Ceiling Limit. The Loan Ratio and the Ceiling Limit are set and may be varied by the Bank from time to time. If unauthorised overdraft occurs (i.e. when the loan amount exceeds the Available Limit) for any reasons, including but not limited to decrease in value of the Charged Securities, change of the Loan Ratio or termination of the Facility, interest on the unauthorised overdraft amount will be charged at the unauthorised overdraft interest rate(s) and you undertake to forthwith repay the unauthorised overdraft amount in cash or dispose of your investments and apply the proceeds towards repayment of the unauthorised overdraft amount.

If you do not act promptly upon receiving a Margin Call notice and do not take the required actions within a prescribed period, the Bank may exercise various rights, including the right to liquidate part or all of the Charged Securities, and the right to set-off any cash held in your account at the Bank towards any amount owing by you to the Bank under the Facility, in each case at any time and in any way the Bank considers appropriate without demand or notice to you (even if the market value of the Charged Securities drops drastically due to adverse market conditions). You will bear all losses and remain liable for any resulting deficit in your account and interest charged on your account. Commissions, fees and other charges applicable to the Facility may also increase your loss. You should therefore carefully consider whether such a financing arrangement is suitable in light of your own financial position and investment objectives.
Interest Rate Risk
The interest rate applicable to the Facility is based on Hong Kong Dollar Prime Lending Rate as quoted by the Bank from time to time (“HKD Prime”) plus or minus a pre-determined rate set by the Bank. The interest rate may be subject to change over time. When HKD Prime rate increases, the interest payment under the Facility will increase.
Currency Risk
If any of the Charged Securities is denominated in a currency different from the Facility (which is denominated in Hong Kong dollar), a conversion of one currency into another currency is required and such conversion shall be calculated at the rate determined by the Bank to be prevailing in the relevant foreign exchange market at the relevant time. The value of the Charged Securities and the Available Limit of the Facility may change due to fluctuations in foreign exchange rate.
Liquidity Risk
If the Bank exercises its right to liquidate the Charged Securities under adverse market conditions, it may be difficult to sell the Charged Securities and the selling price may also be affected when there is no or little liquidity for the Charged Securities in the market. You will be liable for the shortfall if the amount of sales proceeds of the Charged Securities is not sufficient to pay off the amount owing by you to the Bank under the Facility.
Risk of Providing an Authority to Hold Mail or to Direct Mail to Third Parties
If you provide the Bank with an authority to hold mail or to direct mail to third parties, it is important for you to promptly collect in person all contract notes and statements of your accounts and review them in detail to ensure that any anomalies or mistakes can be detected in a timely fashion.
Risk of Client Assets Received or Held Outside Hong Kong Special Administrative Region
Client assets received or held by the Bank outside the Hong Kong Special Administrative Region are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance (Cap.571, Laws of Hong Kong) and the rules made under it. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in the Hong Kong Special Administrative Region.

Please refer to Investment Financing Service Factsheet for relevant terminology. Please visit Hang Seng Bank website > Personal > Investments > Investment Fund Services > Investment Financing.

Risk Disclosure of Structured Notes

Structured notes involve derivatives. You should not only base on this material alone to make any investment decisions. The investment decision is yours and you should not invest in the product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives and you fully understand and are willing to assume the risks associated with it.
Structured notes are considered as a complex product and you should exercise caution in relation to Structured note. The market value of the structured notes may fluctuate and investors may sustain a total loss of their investment. You should therefore ensure that you read and understand the nature of structured notes and the relevant offering documents of the structured notes (including the full text of the risk factors therein) and, where necessary, seek independent professional advice, before making any investment decisions.
Credit risk of the Issuer - structured notes constitute general unsecured and unsubordinated contractual obligations of the Issuer. When you buy structured notes, you will be relying on the creditworthiness of the Issuer and of no other person. You have no rights under the terms and conditions of the structured notes against any issuer of any linked underlying(s). If the Issuer becomes insolvent or default on its obligations under the product, in the worst case scenario, you could lose substantial part or all of the capital invested. The structured notes may be terminated early by the issuer.
Some structured notes are 100% capital protected at maturity provided that it is not otherwise early terminated by the Issuer
Investing in structured notes are not the same as investing in the linked reference asset(s) directly.
The structured notes are not normal time deposits, and they are not protected by the Deposit Protection Scheme in Hong Kong.
Not covered by the Investor Compensation Fund – structured notes are not traded on any markets operated by Hong Kong Exchanges and Clearing Limited or any other stock exchanges. There may not be an active or liquid secondary market.
The above is not an exhaustive list of risk factors. For details, please refer to the offering documents.

Risk Disclosure of Equity Linked Investments ("ELIs")

Equity Linked Investments ("ELIs") involve derivatives. You should not only base on this material alone to make any investment decisions. The investment decision is yours and you should not invest in ELIs unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives.
ELIs are considered as a complex product and you should exercise caution in relation to ELIs. The market value of the ELIs may fluctuate and you may sustain a total loss of their investment. You should therefore ensure that you read and understand the nature of the ELIs and the relevant offering documents of the ELIs (including the full text of the risk factors therein) and, where necessary, seek independent professional advice, before making any investment decisions.
Liquidity risk - ELIs are designed to be held to its maturity. You may not be able to sell your investment in the ELIs before maturity. If you try to sell the ELIs before maturity, the amount you receive may be substantially less than the investment amount.
Credit risk of the ELI issuer - ELIs constitute general unsecured and unsubordinated contractual obligations of the issuer . When you buy ELIs, you will be relying on the creditworthiness of the ELI issuer and of no other person. You have no rights under the terms and conditions of ELIs against any issuer of any linked stock. If the relevant ELI issuer becomes insolvent or default on its obligations under the ELIs, in the worst case scenario, you could lose substantial part or all of the capital invested. ELIs may be terminated early by the Issuer.
Some ELIs are partially capital protected at maturity provided that you hold the ELIs until maturity and the ELIs are not otherwise early terminated.
Investing in ELIs is not the same as investing in the linked reference asset(s) directly.
Not covered by the Investor Compensation Fund - ELIs are not traded on any markets operated by Hong Kong Exchanges and Clearing Limited or any other stock exchanges. There may not be an active or liquid secondary market.
The above is not an exhaustive list of risk factors. For details, please refer to the offering documents.

Risk disclosure of Bond or Certificate of Deposit Product

Bonds and Certificates of Deposit (CDs) are investment products. The investment decision is yours but you should not invest in a bond/CD unless the intermediary who sells it to you has explained to you that the bond/CD 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.
Certificate of Deposit is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
Investors who purchase bonds/CDs are exposed to the credit risk of the issuer and guarantor (if any) of the bonds/CDs. 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/CDs when due may result in a total loss of all of your investment.
Renminbi (RMB) is not a freely convertible currency. As such, investors trading bonds and/or CDs 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 and CDs.
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 / CDs. Investors should be aware that all investments involve risks (including the possibility of loss of the capital invested). The prices of Bonds and CDs 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 Currency-Linked Capital Protected Investment Deposit

Currency-Linked Capital Protected Investment Deposit (“CPI”) is a structured product involving derivatives. You should not only base on this material alone to make any investment decisions. The investment decision is yours and you should not invest in the CPI unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives and you fully understand and are willing to assume the risks associated with it. You should therefore ensure that you read and understand the nature of the CPI and the relevant offering documents of the CPI (including the full text of the risk factors therein) and, where necessary, seek independent professional advice, before making any investment decisions.
CPI is embedded with FX options. Option transactions involve risks, even when buying an option. The option’s value might become worthless if the market moves against your expectation.
You should note that CPI is not a normal time deposit and thus should not be considered as normal time deposit or its alternative. It is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
You should understand that the Principal of the CPI is protected only when it is held to maturity and you will be relying on the Bank’s (as the issuer) creditworthiness. CPI is not secured by any collateral. If the Bank becomes insolvent or default on its obligations under the CPI, in the worst case scenario, you could suffer a total loss of your investment amount.
CPI is not listed on any stock exchange and is not covered by the Investor Compensation Fund.
Investing in CPI is not the same as buying the Underlying Currency Pair directly.
Renminbi (RMB) is subject to foreign exchange control by the PRC government and thus investors investing in the CPI involving RMB are subject to the currency risk of RMB.
Certain Terms and Conditions (including some of the key dates) of CPI can be adjusted by the Bank. The CPI may be terminated early by the Bank. This might have a negative impact on the product’s Return / Coupon (if any).

Risk Disclosure of "MaxiInterest" Investment Deposit

“MaxiInterest” Investment Deposit (“MXI”) is a structured product involving derivatives. You should not only base on this material alone to make any investment decisions. The investment decision is yours and you should not invest in MXI unless the intermediary who sells it to you has explained to you that MXI is suitable for you having regard to your financial situation, investment experience and investment objectives and you fully understand and are willing to assume the risks associated with it. You should therefore ensure that you read and understand the nature of the MXI and the relevant offering documents of the MXI (including the full text of the risk factors therein), where necessary, seek independent professional advice, before making any investment decisions
MXI is embedded with FX options. Option transactions involve risks, especially when selling an option. Although the premium received from selling an option is fixed, you may sustain a loss well in excess of such premium amount, and the loss could be substantial.
You should note that MXI is not normal time deposit and thus should not be considered as normal time deposit or its alternative. It is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
Earnings on MXI are limited to the nominal interest payable and it is only payable upon maturity. As the principal and the earning will be paid in the Deposit Currency or the Linked Currency, whichever has depreciated against the other, investors will have to bear the potential losses due to currency depreciation, which may be substantial. If MXI is withdrawn before maturity, investors will also have to bear the costs involved. Such losses and costs may reduce the earnings and the principal amount of MXI.
You will be relying on the Bank’s (as the issuer) creditworthiness. MXI is not secured by any collateral. If the Bank becomes insolvent or default on its obligations under MXI, in the worst case scenario, you could suffer a total loss of your investment amount.
MXI is not listed on any stock exchange and is not covered by the Investor Compensation Fund.
Investing in MXI is not the same as buying the linked currency directly.
Renminbi (RMB) is subject to foreign exchange control by the PRC government and thus investors investing in the MXI involving RMB are subject to the currency risk of RMB.
Certain Terms and Conditions (including some of the key dates) of MXI can be adjusted by the Bank in certain circumstances. The MXI may be terminated early by the Bank. This might have a negative impact on the product’s return.

Risk Disclosure of FX and Precious Metal Margin Trading Services

The risk of loss in leveraged foreign exchange and precious metal trading can be substantial. You may sustain losses in excess of your initial margin funds. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders. You may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You will remain liable for any resulting deficit in your Account. You should therefore carefully consider whether FX and precious metal margin trading is suitable for you in light of your own financial position and investment objectives.
Renminbi (RMB) is subject to foreign exchange control by the PRC government. If your Margin Trading Contract involves Offshore Renminbi, you will be subject to foreign control and currency risk of RMB.
Trading on an electronic trading system may differ from trading on other trading systems or platforms. You will be exposed to risks associated with the system including the failure of hardware and software, which could result in your order not being executed according to your instructions or at all.
Investment involves risks. The above risk disclosure cannot disclose all the risks involved. You should read and understand all the relevant documents and risk disclosure (in particular, the Risk Disclosure Statement contained in the relevant application form) before making any investment decision.
If you are uncertain of or do not understand the nature of and the risks involved in leveraged foreign exchange and precious metal trading, you should seek independent professional advice.

Risk Disclosure of FX2 - FX and Precious Metal Trading Services

The risk of loss in foreign exchange and precious metal trading can be substantial. You may sustain losses in excess of your initial collateral. Under certain market conditions, you may find it difficult or impossible to liquidate a position of outstanding FX2 Trading Contracts. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily limit your loss at the designated price. In extreme circumstances whereby the market moves significantly against your positions, you may be required to make additional deposits or interest payments within a short period of time to maintain your positions. If you fail to provide the required deposits or interest payments immediately, your positions under all outstanding FX2 Trading Contracts may be closed out without prior notice. You may be liable for any resulting deficit in your account. You should therefore carefully consider if foreign exchange and precious metal trading is suitable for you in light of your own financial position and investment objectives.
Renminbi ("RMB") is subject to foreign exchange control by the PRC government. If your FX2 Trading Contract involves offshore RMB, you will be subject to foreign control and currency risks of RMB.
Trading on an electronic trading system may differ from trading on other trading systems or platforms. You will be exposed to risks associated with the system including the failure of hardware and software, which could result in your order not being executed according to your instructions or at all.
Investment involves risks. The above risk disclosure cannot disclose all the risks involved. You should read and understand all the relevant documents and risk disclosure (in particular, the Risk Disclosure Statement contained in the relevant application form) before making any investment decision.
If you are uncertain of or do not understand the nature of and the risks involved in leveraged foreign exchange and precious metal trading, you should seek independent professional advice.

Important Risk Warnings for Securities

Investors should note that investment involves risks. The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities.

Investors should note that investing in different Renminbi-denominated securities and products involves different risks (including but are not limited to currency risk, exchange rate risk, credit risk of issuer / counterparty, interest rate risk, liquidity risk (where appropriate)). The key risks of investing in securities via the Stock Connect Northbound Trading include:

Once the respective quota is used up, trading will be affected or will be suspended.
Stock Connect Northbound Trading will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. Investors should take note of the days the Stock Connect Northbound Trading is open for business and decide according to their own risk tolerance whether or not to take on the risk of price fluctuations in securities during the time when Stock Connect Northbound Trading is not trading.
When a security is recalled from the scope of eligible securities for trading via Stock Connect Northbound Trading, that security can only be sold but NOT bought.
Investors will be exposed to currency risk if conversion of the local currency into RMB is required.

Foreign securities carry additional risks not generally associated with securities in the domestic market. The value or income (if any) of foreign securities may be more volatile and could be adversely affected by changes in many factors. Client assets received or held by the licensed or registered person outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance (Cap.571) and the rules made thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong.

Investors should note that ETF is different from a typical unit trust and many factors will affect its performance. In general, the market price per ETF unit may be significantly higher or lower than its net asset value per unit due to market demand and supply, liquidity, and scale of trading spread in the secondary market and will fluctuate during the trading day. ETF is different from stocks, investors should read the offering documents of the relevant ETF and understand the features and risks of ETF etc. Investors should not only base on this material alone to make any investment decision, but should read in detail the relevant risk disclosure statements.

Investors should not only base on this material alone to make any investment decision, but should read in detail the relevant risk disclosure statements.