Terms and Conditions

Terms and Conditions for 2026 God of Wealth & Gallant Horse 999.9 Pure Gold Medal Investment Privileges (the "Offer"):

The promotion period is from 1 January 2026 to 31 December 2026, both dates inclusive (the "Promotion Period").
The Offer is applicable to existing Prestige Private or Prestige Banking personal customers of Hang Seng Bank Limited ("the Bank") who have held or subscribed for Relevant Investment Products between 1 January 2026 and 27 February 2026 via any integrated account(s) and channels and fulfilled the criteria stated in clause 3 below ("Eligible Customers").

Eligible Customers who successfully subscribed for Relevant Investment Products through any channels of the Bank during the Promotion Period and accumulated the Designated Investment Amount will receive the following gift:

Relevant Investment Products	Designated Investment Amount (HKD or equivalent in foreign currencies)	Gift
Investment Funds, Structured Products and/or Secondary Market Bonds	HKD20,000,000 or above	One God of Wealth & Gallant Horse 999.9 Pure Gold Medal (6.1 gram)^{^}

^{^}The God of Wealth & Gallant Horse 999.9 Pure Gold Medal (6.1 gram) is 35mm in diameter, it was valued at approximately HKD7,000 (the value excluded the manufacturing cost), according to the supplier's gold price on 28 October 2025.

The Offer is only applicable to:
Eligible Customers who successfully subscribed for and/or switching to any investment funds distributed by the Bank (except for the funds set out in paragraph 5 below) through general subscription, Advanced Switching Service^#, the General Fund Switching Service and/or Investment Financing Service (under the account number suffix of 388), subscribe for Structured Products (including structured products linked to equities, funds, indexes , forex or interest rates offered by the Bank) and purchase Secondary Market Bonds (except for the bonds set out in paragraph 5 below) through any channels of the Bank.
The Offer is not applicable to fund subscription through Hang Seng Monthly Investment Plan for Funds, fund subscription via SimplyFund Account (under the account number suffix of 384), fund subscription with no subscription fees, money market funds and other funds/ fund transactions as specified by the Bank from time to time; and is not applicable to any bonds purchased from Initial Public Offering.

The Offer will be awarded in 4 stages:

	Period that the Relevant Investment Products subscription accumulated the Designated Investment Amount (the "Subscription Period")	Fulfillment Date
Stage 1	1 January 2026 – 31 March 2026	On or before 31 July 2026
Stage 2	1 April 2026 – 30 June 2026	On or before 31 October 2026
Stage 3	1 July 2026 – 30 September 2026	On or before 31 January 2027
Stage 4	1 October 2026 – 31 December 2026	On or before 30 April 2027

Any investment application made after the cut-off time of the Relevant Investment Products on 31 March 2026 (Stage 1)/ 30 June 2026 (Stage 2)/ 30 September 2026 (Stage 3)/ 31 December 2026 (Stage 4) will not be regarded as investment application made during that Subscription Period and will not be counted towards the Accumulated Investment Amount within the respective Subscription Period. Any investment application made after the cut-off time on 31 December 2026 will not be regarded as investment application made during the Promotion Period. All such applications will be handled in the next dealing day. Please note that the cut-off time for different investment products through different channels may vary. Eligible Customers are advised to check the cut-off time for the Relevant Investment Products with our staff.
About "Accumulated Investment Amount":
- The Accumulated Investment Amount of Relevant Investment Products will be calculated in Hong Kong dollar. Only the value of completed transactions in Prestige Private and Prestige Banking Account(s) will be counted in determining the Accumulated Investment Amount, while the value of any cancelled or unsuccessful transactions will be excluded. If Eligible Customers hold more than one Prestige Private or Prestige Banking Account, the cumulative investment amount of the Relevant Investment Product will be combined. If Relevant Investment Products invested during the Promotion Period are denominated in currency other than Hong Kong dollar, the Accumulated Investment Amount within the Promotion Period will be calculated by converting it into Hong Kong dollar based on the exchange rate as determined by the Bank on the last dealing day of March 2026 (Stage 1)/ June 2026 (Stage 2)/ September 2026 (Stage 3)/ December 2026 (Stage 4).
- During the Promotion Period, if an Eligible Customer's trading or switching transactions of "Relevant Investment Products" are solely determined by the Bank as overly frequent or the holding period is too short, the Bank reserves the right to exclude such transactions when calculating the relevant Accumulated Investment Amount.
The Offer is calculated on a "per-Eligible Customer basis". The Accumulated Investment Amount will only be calculated based on the accumulated investment amount of all Prestige Private and Prestige Banking Accounts of the Eligible Customer. In case the relevant Prestige Private or Prestige Banking Account is a joint-named account, only the primary account holder can enjoy the Offer. Each Eligible Customer will only be eligible for a maximum of one God of Wealth & Gallant Horse 999.9 Pure Gold Medal (6.1 gram) (the "Gift") from the Offer.
The Bank will notify Eligible Customers the relevant redemption details on or before 31 July 2026 (Stage 1)/ 31 October 2026 (Stage 2)/ 31 January 2027 (Stage 3)/ 30 April 2027 (Stage 4). The relevant Prestige Private or Prestige Banking Account must remain valid by the time.
The Bank is not the supplier of the Gift, and shall not be responsible for any legal liabilities related to the Gift. The Bank will not buyback the God of Wealth & Gallant Horse 999.9 Pure Gold Medal. Customers shall contact the supplier directly for any details relating to buyback. Any disputes relating to the Gift shall be settled between the customers and the supplier directly. The Gifts are available while stocks last and are not transferable or redeemable for cash. The Bank reserves the right to replace the Gift by other items.
Unless otherwise specified, the Offer is not applicable to Commercial Banking and Private Banking customers of the Bank, and cannot be used in conjunction with other offer(s) of the Bank.
No person other than the customer 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.
For more details of the Offer, please contact the Bank's staff. The Offer is Offered by the Bank. The Bank reserves the right to suspend, vary or terminate the Offer and to amend these Terms and Conditions at any time without prior notice. The Bank also reserves the right of final decision on all matters relating to the Offer, which shall be binding on all parties concerned.
In case of any discrepancy between the English and the Chinese versions of these Terms and Conditions, the English version shall prevail.

^# For details of the Advanced Switching Service, please refer to Hang Seng Bank website>Investments>Fund SuperMart or contact our staff.

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 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 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.

Important Risk Warning 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.