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2 Tickets for the
Asian Pop Music
Superstar Concert
and up to
Cash Reward
Prestige Private Welcome Rewards (Option 1 or Option 2)
Select your reward
Option 1:
2 HKD1,680 Tickets for the Asian Pop Music Superstar Concert and
Cash Reward
(Applicable to
New Customers1only)
Open account and register via hangseng.com/psecamphangseng.com/psecamphangseng.com/psecamp from 1 Apr to 24 Apr 2025. All information must match with the Bank's record.
Option 2:
Cash Reward
No registration is required. Your reward is set to Option 2 by default.
Option 1: 2 Tickets for the Asian Pop Music Superstar Concert and Cash Reward (Promotion period: 1 Apr to 24 Apr 2025)
New Customers1 join Prestige Private and complete the registration for Concert Ticket Reward during the promotion period who fulfilled designated requirements can enjoy:
Designated “Total Relationship Balance” 2 Growth Amount | Option 1: 2 Tickets for the Asian Pop Music Superstar Concert and Cash Reward | |
---|---|---|
Cash Reward | Concert Tickets | |
HKD8,000,000 or above | HKD35,500 | 2 HKD1,680 Tickets for the Asian Pop Music Superstar Concert |
Designated requirements and timeline for Concert Tickets
(i) Fulfill “Total Daily Assets”2 of HKD1,000,000 or its equivalent value; and (ii) Hold a valid investment account3 |
Concert Tickets Distribution |
---|---|
30 Apr 2025 | On or before 16 May 2025 |
Designated requirements and timeline for Cash Reward
Fund-in designated “Total Relationship Balance”4 Growth amount | Month for which designated “Total Relationship Balance” Growth Amount and “Total Relationship Balance” requirement must be maintained | Cash Reward Distribution |
---|---|---|
31 May 2025 | Jun, Jul and Aug 2025 | On or before 31 Dec 2025 |
Option 2: Cash Reward (Promotion period: 1 Apr to 30 Jun 2025)
Eligible customer who newly open/upgraded to Prestige Private and achieve the designated growth amount for Total Relationship Balance to enjoy:
Eligible customer1 | Designated Total Relationship Balance Growth Amount2 | Cash Reward | |
---|---|---|---|
Customers with valid Investment Accounts5 or switching to Hang Seng PayDay+ Payroll service6 | Customers without Investment Account5 and without switching to Hang Seng PayDay+ Payroll service6 | ||
New Customer / Existing Customer | HKD8,000,000 or above | HKD39,000 | HKD38,000 |
Existing Customer | HKD5,000,000 or above | HKD23,500 | HKD22,500 |
HKD3,000,000 - < HKD5,000,000 |
HKD12,000 | HKD11,000 | |
HKD1,000,000 - < HKD3,000,000 |
HKD6,000 | HKD5,000 |
Open a Family+ account and complete designated investment product subscription or insurance product transaction can enjoy up to HKD500
Specific Customers open a Family+ account7 and fulfill designated requirements can enjoy a cash reward.
For the second, the third and the fourth months after the month of Family+ account opening:
- maintain positive monthly balance (i.e. monthly balance above HKD0) in at least one Family+ account; and
- maintain the “Total Relationship Balance” of HKD1,000,000 or above
Specific Customers7 | Accumulated subscription amount of designated investment product or transaction amount of insurance product (either one) | Cash reward |
---|---|---|
|
- | HKD200 |
Eligible Customers open / upgrade to Prestige Private | HKD100,000 or above8 | HKD500 |
Cash Reward9
Subscribe for the Relevant Investment Product to enjoy up to HKD10,000 cash rewards9
For 1 April 2025 to 30 June 2025, Eligible Prestige Private/Prestige Banking customers who subscribe for the Relevant Investment Products with designated accumulated investment amount can earn the cash rewards below:
Relevant Investment Products | Accumulated investment amount (HKD or equivalent) | Cash reward (for every HKD500,000 accumulated investment amount) |
---|---|---|
Investment Funds, Structured Products and/or secondary market bonds | HKD500,000 to less than 3,000,000 | HKD500 |
HKD3,000,000 or above | HKD600 (maximum: HKD6,000) |
|
MaxiInterest Investment Deposit, Certificate of Deposit Product and/or Capital Protected Investment Deposit | Every HKD500,000 | HKD400 (maximum: HKD4,000) |
# Structured Products includes Structured Notes and Equity-linked Investments (ELI), but excludes Capital Protected Investment Deposit (CPI) and MaxiInterest
Up to HKD12,00010 cash reward for depositing HK stocks
Deposit HK stocks within the designated Deposit Period into your securities account to receive an HKD400 cash reward for every accumulated market value of HKD300,000. A maximum of HKD12,00010 cash reward can be earned
Deposits Offers
Preferential Savings Deposit Offer
- Enjoy up to 5% p.a. preferential savings rate by depositing new funds to reach a minimum Eligible Incremental Balance of CAD/AUD/NZD2,000 or GBP1,00011
Preferential Time Deposit Offer
- Enjoy preferential interest rates for Time Deposit in designated tenor and amount of Eligible New Fund Balance12
Newly opened securities accounts can enjoy 2 shares of SiriusXM Holdings Inc. (SIRI.US)13
Eligible customers who newly open/upgrade to Prestige Private and meet the specified requirements* can enjoy 2 shares of SiriusXM Holdings Inc. (SIRI.US)13
- Fulfil the Designated Total Relationship Balance Growth Amount HKD100,000 or above
- Open a new securities account** under the relevant Prestige Private account
- Successfully activate the US Securities Trading Service by all of the new securities account holders
*Eligible customers must complete the specified requirements on or before the last calendar day of the month following the month in which they newly open/upgrade to Prestige Private.
**All the account holders of the new securities account must not hold any securities account (personal/ joint) with the Bank within a period of 6 months preceding the account opening date.
Investment involves risks. Terms and Conditions applied to the offer.
Know more details and other securities offers Know more details and other securities offers Know more details and other securities offers
Switch to Hang Seng PayDay+ for payroll service and earn up to 5% p.a. Preferential HKD Savings Rate
Eligible customers who register for PayDay+ welcome offer via Hang Seng Mobile App and switch to Hang Seng payroll service can enjoy up to 5% p.a. Preferential HKD Savings Rate for a maximum offer period of 3 months14.
HKD deposit balance maintained in the Eligible HKD Savings Account | Preferential HKD Savings Rate (p.a.) |
---|---|
First HKD200,000 or below | Up to 1.8% (prevailing Savings Rate + 1.55%*) |
Next HKD100,000 or below | Up to 5% (prevailing Savings Rate + 4.75%*) |
*As at 2 January 2025, the Bank's prevailing HKD Savings Rate is 0.25% p.a. for HKD5,000 or above. The prevailing HKD Savings Rate quoted above is indicative and for reference only. The rate is not guaranteed and is subject to review according to changes in market conditions from time to time at the Bank's sole discretion. Please browse the Bank's website or check with branch staff for the latest prevailing HKD Savings Rate.
Prestige Private Customer Offer for trading HK stocks
- 0.2% brokerage fee offer for trading HK stocks via any of our automated securities trading channels18
New Securities Customers Offers:
- Unlimited $0 brokerage trade: for both BUY & SELL trades of HK Stock / A-shares / US Stocks conducts through online trading channels in the first 3 months from account opening date10
- Upon your first successful buy or sell trade of US stocks, HK stocks or A shares through online trading channels and securities trading hotline, you will enjoy 2 shares of designated US stock19
Insurance Plan Offers
Life Insurance Plan Offers
- Premium discount20 for the first year upon successful application for any designated life insurance plan with the designated amount.
- Successfully apply eCancerPro Insurance Plan to enjoy cancer protection and a 5-month premium waiver in the first year with promo code "3UNPC5“21
- Successfully apply eFamilyPro Life Insurance Plan to enjoy life protection and a 9-month premium waiver in the first year with promo code "3SGMF9“21
General Insurance Plan Offers22
- Successfully apply for Travelsure Protection Plan (Annual Cover) with designated promo code "T25AC3" to enjoy up to 30% first-year premium discount and a HKD150 e-Gift voucher
- Successfully apply for Home Care Plus Home Insurance Plan with designated promo code "H20HC5" to enjoy up to 20% first-year premium discount and a HKD400 e-Gift voucher
- Successfully apply for Studysure Protection Plan with designated promo code "SPECIAL" to enjoy up to 25% first-year premium discount and a HKD300 e-Gift voucher
Foreign Exchange Offer
Exchange designated currency and set up a time deposit at the same time to enjoy:
- 1-month time deposit rate up to 4.5% p.a.23
- 1-week time deposit rate up to 15.8% p.a.23
Hang Seng Prestige Multi-Currency Debit Mastercard®
Access 12 major currencies and settle transactions directly with just one card, including HKD, USD, CNY, AUD, CAD, CHF, EUR, GBP, JPY, NZD, THB and ZAR. Spend and withdraw cash locally and globally with no restrictions!
Special Privileges
- Access 12 major currencies and settle transactions directly
- Unlimited 0.5% cash rebate on every purchases
- Enjoy $0 fees on foreign currency transaction and cash withdrawal, both locally and overseas
- Manage your spending and withdrawal limits via Hang Seng Mobile App
Learn More Please visit Hang Seng Bank Website > “Cards" > “Card Products" > "Multi-Currency Debit Mastercard®".
- Only applicable to customers who hold a sole-named Prestige Banking or Prestige Private Banking account.
- Macau ID Card is not applicable for applying for a debit card.
- There is no foreign currency transaction fee. For the handling fees of ATM cash withdrawal, please refer to "Fees & Charges" and "Frequently Asked Questions" under "Useful Information". Please note, overseas banks may charge additional fees to Prestige Banking customers.
- The default daily spending limit of primary and supplementary debit cards is HKD100,000 or equivalent each. The primary cardholder cannot set a daily spending limit above this maximum for either card.
- Terms and Conditions apply.
Foreign currency transactions involve fluctuations in exchange rates. When the transaction amount is debited from your foreign currency account, the account balance is subject to exchange rate risk, which may result in gains or losses. Please ensure there is a sufficient balance of foreign currency in your account; otherwise, we'll convert HKD into the relevant currency to complete the transaction, which may result in a loss for your account.
Terms and Conditions apply.

Hang Seng Prestige World Mastercard®24^
Enjoy a series of unsurpassed privileges upon successful application:
- Up to $700 +FUN Dollars Welcome Offers and perpetual annual fee waiver
Gourmet Dining
Take your most discerning tastebuds on a gastronomic journey:
- Buy-2-Get-1-Free Buffet at HKJC VIP Box
Travel the World
A world of remarkable travel privileges:
- worldwide airport lounge privilege
- airport limousine service
- global travel medical protection
Health and Wellness
- Enjoy preferential price for medical check-up services and VIP Concierge service at CUHK Medical Centre
Privileges from Mastercard Priceless™ like no other
- Enjoy a selection of exclusive premium experiences from time to time upon your registration at Hang Seng Prestige World Mastercard Priceless website
24-hour Hang Seng Prestige World Mastercard® Customer Service Hotline: 2998 8111
Learn More Please visit Hang Seng Bank Website > “Cards" > “Card Products" > "Prestige World Mastercard®".

phone banking hotline
2998 8022
^ To borrow or not to borrow? Borrow only if you can repay!
Notes
- Eligible Customers mentioned herein refers to customers who fulfil the entry Total Balance requirement of HKD8,000,000 or above upon newly opened/upgraded as a Prestige Private Customer during the Promotion Period, but excluding existing Prestige Private customers or customers who have ever held any Prestige Private account with the Bank in the previous 12-month period prior to the account opening month; New Customer(s) mentioned herein refers to Eligible Customers who have opened a new Prestige Private of the Bank during the Promotion Period, but excluding customer who have ever held any Hong Kong Dollars/Foreign Currency savings, current, time deposit accounts or any Integrated Accounts with the Bank in the previous 12-month period (both start and end dates are inclusive) prior to the account opening month.
- The Total Relationship Balance is the monthly aggregate balance of the daily average of all deposits, gold accounts, securities, investment funds, utilized overdraft facilities, credit card cash advances, outstanding balance of personal loans and the accumulated premiums paid for the designated life insurance plans distributed by the Bank as an agent as well as Hang Seng MPF balance. For sole-named Integrated Account holders, their other joint-named account(s) will also be included.
- Total Daily Assets is the daily aggregate balance of all deposits, gold accounts, securities, investment funds, utilized overdraft facilities, credit card cash advances, outstanding balance of personal loans and the accumulated premiums paid for the designated life insurance plans distributed by the Bank as an agent as well as Hang Seng MPF balance. For sole-named Integrated Account holders, only the other joint accounts where the eligible customer is the primary account holder will be counted.
- Investment Account includes Securities Account (Account suffix 085) and Investment Fund Account (Account suffix 382) only under the Integrated Account.
- Eligible Customers must have activated/be holding Investment Accounts on or before 31 July 2025 and the Investment Accounts remain valid until 31 December 2025 in order to enjoy the relevant cash reward.
-
Eligible Customers must fulfil the following requirements (“Eligible Payroll Customers”):
- Have no payroll record under any account of the Bank during the period from 1 January 2025 to 31 March 2025; and
- Successfully switch to Hang Seng PayDay+ payroll service with the first monthly salary record of HKD50,000 or above directly credited to the Integrated Account of Prestige Private ("Eligible Payroll Account") from the employer’s company account via Autopay (“Eligible Payroll Record”) during the period from 1 April 2025 to 31 August 2025. Any salary transfer not indicated for payroll purpose may not be considered as an Eligible Payroll Record. If the salary transfer instruction is received on public holiday / after the cut-off time of the Bank, it will be processed on the next working day. The Eligible Payroll Record should be maintained in the Eligible Payroll Account in each calendar month until 31 December 2025. The Bank reserves the right of final decision should there be any dispute in the definition of “Eligible Payroll Record”.
- The Payroll promotion is applicable to Eligible Payroll Customers with Eligible Payroll Record in Hong Kong Dollars only.
- The Payroll promotion is not applicable to the Bank’s staff.
- Only applicable to Prestige Private customers successfully opened Family+ account during the Promotion Period, excluding (i) customers who are holding sole-named or joint-named Family+ account, or (ii) customers who have previously held sole-named or joint-named Family+ account in the past 12 months prior to the month of Family+ account opening.
- Specific Customers must (i) subscribe designated investment products with an accumulated investment amount of HKD100,000 or above; or (ii) complete an accumulated premium transaction amount of HKD100,000 or above (after discount) for the Eligible Policy, and the amounts cannot be combined for calculation. Specific Customers must successfully open a Family+ account and apply for the Designated Life Insurance Plans (if applicable) within the same month of Prestige Private account opening / upgrading, and the accumulated subscription amount of designated investment product or the accumulated transaction amount of insurance product reaches HKD100,000 or above from the month of Prestige Private account opening / upgrading until the last day of the third month after Prestige Private account opening / upgrading. Each Specific Customer can enjoy up to HKD500 cash reward and can only enjoy the offer once only.
- The promotion period is from 1 April 2025 to 30 June 2025. Terms and conditions apply. Investment involves risk. Please contact our branch staff or visit hangseng.com/invpromotion.
- The promotion period is from 1 April 2025 to 30 June 2025. For details, please visit hangseng.com/stockoffer. “New Securities Customers” (including all the account holders of the New Securities Account) means customers who must not hold any securities account (personal/ joint) with the Bank within a period of 6 months preceding the account opening date. Investment involves risks. Terms and Conditions apply.
- The promotion period is from 1 April 2025 to 30 June 2025. For eligible customers with Eligible Incremental Balance of designated currencies. Savings rate is for reference only. Foreign exchange involves exchange rate risk. Terms and conditions apply. Visit hangseng.com/depositspromo7 for more details.
- Please refer to promotion page for the calculation of Eligible New Fund Balance. Terms and Conditions apply. For details, please visit hangseng.com/depositspromo5.
- This promotion and the offer of Free Shares Reward do not represent, and should not be construed as, any investment advice from the Bank and the Bank has not taken into consideration the individual circumstances of any customers. Investment involves risks. There can be no guarantee, and no representation is made, on the performance of the Free Shares or as to whether losses would be incurred/profit would be made from the Free Shares. Customers must make their investment decisions in light of their own investment objectives, investment experience, financial situation or other needs etc., and (where necessary) should consult their own professional advisers before making any investment decisions.
- The promotion period is from 2 January 2025 to 5 May 2025. Terms and conditions apply. Please visit hangseng.com/payrolloffer3 for the eligibility of PayDay+ customers and detailed Terms and Conditions of the offer. The preferential HKD Savings Rate quoted above includes Bonus HKD Savings Rate and the Bank’s prevailing HKD Savings Rate. As at 2 January 2025, the Bank’s prevailing HKD Savings Rate is 0.25% p.a. for HKD5,000 or above. The prevailing HKD Savings Rate is indicative and for reference only. It is subject to review according to changes in market conditions from time to time at the Bank's sole discretion. Please browse the Bank’s website or check with branch staff for the latest prevailing HKD Savings Rate.
- The promotion period is from 2 January 2025 to 31 December 2025. The offer is applicable to new or existing Prestige Private /Prestige Banking customers. Terms and conditions apply to the offer. Investment involves risks. Pease contact our branch staff or visit hangseng.com/invpromotion for details.
- The promotion period is from 1 January 2025 to 31 March 2025. The offer is only applicable to Prestige Private, Prestige Banking, Preferred Banking and Integrated Account customers who newly opened an Investment Fund Account (under the account number suffix of 382) during the Promotion Period. Investment involves risks. Please visit hangseng.com/fundoffer for details.
- The promotion period is from 10 February 2025 to 30 June 2025. Terms and conditions apply to the offer. Investment involves risks. For details, please contact our branch staff or visit hangseng.com/invfund.
- The offer will be effective from the 7th trading day in the next calendar month after customers joining / upgrading to Prestige Private successfully or the 7th trading day in the next calendar month of securities account opening day (whichever is Later). Investment involves risks. Terms and conditions apply. For details, please visit our website> Banking > Accounts > Prestige Banking > Prestige Private.
- The Promotion period is from 11 November 2024 to 30 June 2025. For details, please visit hangseng.com/stockoffer. Investment involves risks. Terms and Conditions apply to the offers.
- The promotion period is from 1 April 2025 to 30 June 2025. Terms and conditions apply. Please note the relevant product risks. For details, please contact our branch staff or visit hangseng.com/lifeinsurance for details.
- The promotion period of eCancerPro Insurance Plan and eFamilyPro Life Insurance Plan Offer is from 1 April 2025 to 30 June 2025. Terms and Conditions apply. Please note relevant product, credit risks and early surrender loss. For details, please contact us at 2998 8038 or please visit hangseng.com/ins-discount. This plan is underwritten by Hang Seng Insurance Company Limited.
- The promotion period is from 1 January 2025 to 30 June 2025. Terms and conditions apply to promotion offer and insurance plan. Please note the relevant product risks. The above general insurance plan is underwritten by Chubb Insurance Hong Kong Limited. Please call our hotline at (852) 2998 9888 for the details. For the Terms and Conditions of the promotion offer, please visit hangseng.com/gi1.
- The promotion period is from 10 March 2025 to 16 April 2025. For exchange of designated currencies and set up of 1-week/1-month time deposit at the same time with designated transaction amount. The above interest rate offers are quoted with reference to the interest rates offered by the Bank on 10 March 2025 and are for reference only. The relevant interest rates will be subject to revision based on the prevailing market conditions. Terms and conditions apply. Visit hangseng.com/forexoffer for more details.
- The promotion period is until 30 June 2025. Terms and conditions apply. For details, please visit to Hang Seng Bank Website: Cards > Card Products > Prestige World Mastercard.
- Terms and conditions apply to the offers. For details, please visit hangseng.com/prestige-private/privilege.
Terms and Conditions and Remarks
- Terms and conditions apply to all products / services and offers mentioned in this document. Please visit here.
- The document by itself is not and should not be considered as an offer, recommendation or solicitation to deal in any of the investment products or services mentioned herein.
- Terms and conditions apply. Please approach our branch staff for enquiries.
- Hang Seng Bank Limited (the “Bank”) reserves the right to suspend, vary or terminate this promotion and the related offers and to amend their terms and conditions at any time without prior notice. In case of disputes, the decision of the Bank shall be final.
- The contents of this document have not been reviewed by any regulatory authority in Hong Kong.
- This material is not intended to provide or regard as legal or taxation advice, or investment recommendations.
- The promotion is intended for persons in Hong Kong.
Important Notes
Life Insurance Plans
The above information is intended as a general summary of information for reference only. Please refer to the promotion leaflets/flyers and contracts for the important information such as detailed coverage, exact Terms and Conditions and exclusions of the relevant Life Insurance Plans. Please refer to the product brochures for the relevant product risks. The above Life Insurance Plans are underwritten by Hang Seng Insurance Company Limited. Hang Seng Insurance Company Limited is authorised and regulated by the Insurance Authority of the HKSAR. Hang Seng Bank Limited ("Hang Seng Bank") is an insurance agent authoriszed by Hang Seng Insurance Company Limited and the insurance products are products of Hang Seng Insurance Company Limited but not Hang Seng Bank. In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between Hang Seng Bank and you out of the selling process or processing of the related insurance product transaction, Hang Seng Bank will enter into a Financial Dispute Resolution Scheme process with you; however any dispute over the contractual terms of the insurance products should be resolved between Hang Seng Insurance Company Limited and you directly.
Note: The benefits and/or returns mentioned throughout this material are not guaranteed and for illustrative purpose only. The actual future amounts of benefits and/or returns may be lower than or higher than the currently quoted benefits and/or returns. The policyholder is subject to the credit risk of "Hang Seng Insurance". If the policyholder discontinues and/or surrenders this policy in early policy years, the amount of benefits he/she will get back may be considerably less than the total premiums he/she has paid. All details regarding policy surrender should be referred to the relevant policy provisions.
General Insurance Plans
The above general insurance plan ("this Plan") is underwritten by Chubb Insurance Hong Kong Limited (“Chubb”) which is authorised and regulated in Hong Kong SAR by the Insurance Authority. Chubb reserves the right of final approval of the policy issuance. Hang Seng Bank Limited ("Hang Seng Bank") is registered as an insurance agency by the Insurance Authority (License No.: FA3168) and authorised by Chubb for distribution of this Plan. This Plan is a product of Chubb and not Hang Seng Bank. Upon application to this Plan, insurance premium will be payable to Chubb, and Chubb will provide Hang Seng Bank with commission and performance bonus as remuneration for distribution of this Plan. The existing staff remuneration policy on sales offered by Hang Seng Bank takes into account various aspects of the staff performance instead of focusing solely on the sales amount.
In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between Hang Seng Bank and the customer out of the selling process or processing of the related transaction, Hang Seng Bank is required to enter into a Financial Dispute Resolution Scheme process with the customer; however, any dispute over the contractual terms of the insurance product, underwriting, claims and policy service should be resolved directly between Chubb and the customer.
The above information is intended to be a general summary for reference only. Please refer to the policy wording for exact terms, conditions, details of the exclusions and relevant product risks.
Risk Disclosure
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.
-
The risks for funds which are index funds include but not limited to:
- Tracking error risk: There can be no assurance that the performance of the relevant fund will be identical to the performance of the relevant index. Factors such as the fees and expenses borne by the relevant fund, the time differences associated with portfolio re-balancing, the prices at which the constituent stocks of the relevant index are acquired or disposed by the relevant fund, the market condition at the relevant time of acquisition or disposal, the index-tracking strategies or financial derivative instruments used will affect the performance of such fund relative to the relevant index.
- Passive investment risk: Fund manager does not have any discretion to select stocks individually or to take defensive positions in declining markets or changes in the composition of the index. Hence, any fall in the relevant index will result in corresponding fall in the value of the relevant fund. The composition of the relevant index may change and stocks currently comprising the relevant index may subsequently be delisted. Other stocks may also be added subsequently to become constituent stocks of the relevant index.
- Concentration risk: The relevant fund may be concentrated in a single or particular sector(s)or single country/ region. The performance of the relevant fund could depend substantially on the performance of the relevant single or particular sector(s)/market(s) and the relevant fund is likely to be more volatile than a broad-based fund as it is more susceptible to adverse conditions in the relevant single or particular sector(s) / market (s). In seeking to reflect the weightings of constituent stocks of the relevant index, investments of the relevant fund may be concentrated in a single constituent stock or several constituent stocks. The performance of the relevant index and the fund may be significantly affected by the price fluctuation of one or several of the constituent stocks of the relevant index.
- The risks for funds which are bond funds, including but not limited to the credit/default risks of the issuers of the bonds in which the bond funds invest, interest rate risk and liquidity risk etc.
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 and 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 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 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.
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.
Risk Disclosure of Securities Investment
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. 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.
RMB Currency Risk
Renminbi ("RMB") is subject to exchange rate risk. Fluctuation in the exchange rate of RMB may result in losses in the event that the customer subsequently converts RMB into another currency (including Hong Kong Dollars). Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. RMB is currently not freely convertible and conversion of RMB may be subject to certain policy, regulatory requirements and/or restrictions (which are subject to changes from time to time without notice). The actual conversion arrangement will depend on the policy, regulatory requirements and/or restrictions prevailing at the relevant time.
Foreign Currency Risk
Foreign Exchange involves Exchange Rate Risk. Fluctuations in the exchange rate of a foreign currency may result in gains or loss of principal in the event that the customer converts the deposits from Hong Kong Dollar or foreign currency to another currency, and/or in the event that the customer converts a foreign currency time deposit to another currency (including Hong Kong Dollar) upon maturity.
These promotion materials have not been reviewed by the Securities and Futures Commission in Hong Kong ("SFC"). The information contained herein is for general information and reference purposes only and is not intended to provide professional investment or other advice. It is not intended to form the basis of any investment decision. You should not make any investment decision based solely on the information and services provided herein. Before making any investment decision, you should take into account your own circumstances including but not limited to your financial situation, investment experience and investment objectives, and should understand the nature, terms and risks of the relevant investment product. You should obtain appropriate professional advice where necessary.
These promotion materials are not intended to provide or regard as legal or taxation advice, or investment recommendations.
Other point(s) to note
- The mobile app is free of charge, but normal banking and transaction charges may apply when you conduct transactions via the app. Please refer to the Bank's service charges for details. In addition, customers are responsible for any fees and charges which may be levied by relevant telecommunication service provider from time to time. For any queries on charges for internet access, please contact your mobile network service provider.
- The mobile app can be accessed via the network of any local or overseas telecommunications service provider. You can use a 2G, 3G, HSDPA, 4G or Wi-Fi service. However, you must have a mobile internet service plan and handset that can support Internet access. Access to the Internet may also involve set-up procedures on your handset for some fixed IP SIM cards. Please check with your telecommunication service provider for details and up-to-date instructions. The connection speed may vary for different telecommunication service providers, different data usage plans, and different geographical locations. If you experience a slow response when mobile web browsing or during data transmission, please check with your telecommunication service provider. Customers are responsible for any fees and charges which may be levied by relevant telecommunication service provider from time to time. For any queries on charges for internet access, please contact your telecommunication service provider.
- Android, Google Play and the Google Play logo are trademarks of Google LLC.
- Apple, the Apple logo, and iPhone are trademarks of Apple Inc., registered in the US and other countries. App Store is a service mark of Apple Inc.
Hang Seng Bank Limited is a member of the Deposit Protection Scheme in Hong Kong. Eligible deposits taken by this Bank are protected by the Scheme up to a limit of HK$800,000 per depositor.