the fund house shall be conclusive. Other currencies include: Currency USD AUD NZD EUR GBP CAD YEN CHF SEK Monthly Contribution

Similar documents
Terms of the promotion offers:

Terms of the promotion offers: 1. New Family Securities Accounts offer The promotion period is from 20 November 2014 to 31 March 2015 (both dates

Deposit balance at the time of account /service take up or upgrade. Designated accounts /services. Age of the children. Reward

Terms of the promotion offers Total Relationship Balance Growth Reward ( TRB Growth Reward ) Travel Upgrade Reward

Staff of Hong Kong Polytechnic University Enjoy up to HK$3,000 BOC Credit Card free spending credit upon new registration for Payroll Service

Deposit balance at the time of account /service take up or upgrade. Designated accounts /services. Age of the children. Reward

Terms of promotion offers: 1. New Family Securities Account $0 brokerage fee offer for buying Hong Kong stocks / China A shares:

Total Relationship Balance Growth Amount HK$8,000,000 or above HK$1,000,000 Below HK$3,000,000

Offer Terms 1. Investment Services Transaction Amount Rewards

Enjoy Welcome Offer up to total 360,000 FWC Points in exchange for 8 sets of roundtrip Business Class Award Ticket* to Japan

Terms and Conditions 1. Payroll Service Rewards

Terms and Conditions 1. Payroll Service Rewards

About the details, features, procedure and important notice of Good-Till-Date service

Offer Terms 1. Unless otherwise specified, the Promotion Period is from 3 May 2016 to 31 July 2016 (both dates inclusive) ( Promotion Period ).

inward telegraphic transfer and online outward telegraphic transfer in the converting HKD into a designated foreign currency (or vice

FAQ, Technical Support and Enquiries

via Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect

inward telegraphic transfer and online outward telegraphic transfer in the converting HKD into a designated foreign currency (or vice

Maintain the Initial Fund until the designated date (date inclusive)

Terms and Conditions: 1. The promotion period is from 3 April 2018 to 30 June 2018 (both dates inclusive) ( Promotion Period ). 2.

Important Notice of Trading China A Shares and A Shares Margin Trading via Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect

Terms & Conditions for VIP Banking:

Auto-Payroll Service Reward. I. Terms and Conditions - Auto-Payroll Service Reward:

i-free Banking Service Guide

i-free Banking Service Guide

General Terms and Conditions on Dining Offers: 1. Unless otherwise specified, offers are valid from 1 October to 30 November 2016 (both dates

General Terms and Conditions: 1. Up to HK$1,100 Cash Rebate at Broadway, Up to 40% off on Selected Items, the Interest-free Purchase Instalment

Terms & Conditions of Welcome Offers:

Terms and Conditions:

Terms and Conditions of Hello Kitty VIP Banking:

Enrich Banking Power up your wealth

Terms for the Promotion Offers: 1. Limited Time Offer i. The promotion period is from 22 October 2018 to 30 November 2018 (both dates inclusive)(

PRODUCT KEY FACTS Value Partners Greater China High Yield Income Fund

Summer Spending Reward Program

Thank you for choosing CorporatePlus. Account. To help you make the most of your. account, we are pleased to present you with

Terms & Conditions of BOC CUP Dual Currency Credit Card HK$40 Cash Rebate on Apple Pay at Designated Local Supermarkets : 1. BOC CUP Dual Currency

BOC Group Life Assurance Company Limited BOC Life Deferred Annuity (Fixed Term) First Year Premium Discount Offer

General Terms and Conditions on BOC Credit Card Up to HK$4,000 Cash Rebate Program :

Supreme Account - Service Guide Contents

Summer Spending Reward Program

2. Redemption period is from 3 August to 16 August 2015 (both dates inclusive) (the Redemption Period, both dates inclusive).

360 Easy Payroll Services

PRODUCT KEY FACTS SWS STRATEGIC INVESTMENT FUNDS Shenyin Wanguo RQFII A Share Strategy Fund April 2017

A. Terms and Conditions for Hello Kitty i-account General Terms and Conditions

Insurer: Life Insurance. BOC Group Life Assurance Company Limited Hundred Life Insurance Plan. Enjoy a worry-free life with life-long protection

HFT (HK) China Investment Series II HFT (HK) China RMB Money Market Fund (the Sub-Fund)

Terms & Conditions of BOC CUP Dual Currency Credit Card HK$30 Cash Rebate on Apple Pay :

SupremeGold - Service Guide Contents

2018 Stock Trading Service Preferential Offers

Road Central Gloucester Road branch Shop B, G/F, Everbright Centre, 108 Gloucester

6. The offers are not applicable to commercial customers.

A. Open Securities Account* * Applicable to NCB Wealth Management, Enrich Banking and i-free Banking customers only.

Promotional Terms and Conditions General Terms and Conditions: 1. The promotional period of the programme (the Programme ) is from 3 March 2017 to 31

Effective From 23 October, 2017 GN (10/2017) Service Charges. An Easy guide to banking fees

Promotional Terms and Conditions General Terms and Conditions:

PRODUCT KEY FACTS. Table of Content. BEA Union Investment Global Themes Fund 1. BEA Union Investment Asian Bond and Currency Fund 7

處處為您着想 時間為您策劃. Currency Linked Deposit Important Facts Statement and Product Brochure

Maintain average daily Total Liquid Assets at HK$1,500,000 or above for 3 HK$1,600

Important Facts Statement

Business Card Rewards Programme Terms and Conditions

Product Key Facts April BEA Union Investment Series. BEA Union Investment Asian Bond and Currency Fund. BEA Union Investment China Phoenix Fund

Privileges for Corporate Payroll Services

Haitong International Asset Management (HK) Limited Trustee:

PRODUCT KEY FACTS BOCHK RMB Fixed Income Fund

Terms and Conditions of 2019 Standard Chartered Bank Marathon Savings Account Promotion

PRODUCT KEY FACTS. Quick facts Manager: Trustee: Custodian: Dealing frequency: Base currency: Ongoing charges over a year:

PRODUCT KEY FACTS ChinaAMC Select Fund - ChinaAMC Select RMB Short-term Bond Fund (the Sub-Fund ) April 2017

Important Notes for Acceptance of Hang Seng World MasterCard

Important Notes & Applicant s Declaration for Acceptance of Hang Seng Visa Infinite Card

Year-round unlimited travel. WiFiBB just before your flight and Double Fun. return it after you come back to Travel Service Package 2 =

General Banking and Wing Lung Sunflower Service Charges

PRODUCT KEY FACTS Value Partners Greater China High Yield Income Fund

Equity-Linked Deposit. DBS Bank (Hong Kong) Limited

HKD230.00* HKD % HKD HKD %

Product Key Facts. Amundi HK Portfolios

Hang Seng Bank Limited. PPL871 X-Card Important Note (01/2018) (LT) PDF

PRODUCT KEY FACTS ChinaAMC Select Fund - ChinaAMC Select RMB Bond Fund (the Sub-Fund ) April 2017

Issuer: Zeal Asset Management Limited November This statement provides you with key information about this product.

Important Notes & Applicant's Declaration for application of Hong Kong Baptist University Credit Card

New Yaohan Funful Shopping Rewards

Haitong International Asset Management (HK) Limited Trustee:

PRODUCT KEY FACTS SWS STRATEGIC INVESTMENT FUNDS Shenyin Wanguo RQFII PRC Government Bond Fund April 2017

Terms and Conditions of Premium 360º Rewards (Asia Miles), Terms and Conditions of Premium 360º Rewards (for

PRODUCT KEY FACTS. Quick facts. BOCHK Wealth Creation Series BOCHK All Weather Asian Bond Fund. April Issuer: BOCHK Asset Management Limited

Everbright Sun Hung Kai

Bank of Communications Trustee Limited. Class I: 3.92%

Wholly owned subsidiary of China Cinda. Internet Banking / Mobile Banking. Service Directory (English version)

Welcome. Card Cardholder

Service Introduction. 1.1 Application Method. 1.2 System Requirement

Bank Service Charges (Effective from 1 August 2013)

Important Notes and Applicant Declaration for the Application of Hang Seng enjoy Card

Service Charges. Effective 1 April Enquiry Hotline: WMD-076(O)( )

Terms and Conditions for 328 Business Banking:

Wing Lung Private Banking Service Charges. With effect from 18 th December Enquiry Hotline:

Phase 1 1 March 2013 to 31 March Apr Phase 2 1 March 2013 to 30 April May

General Banking and Sunflower Service Charges

Designated Account Type

Notification of Changes in relation to China Construction Bank (Asia) Banking Services and the relevant Terms and Conditions

PRODUCT KEY FACTS BEA Union Investment Series - BEA Union Investment Asian Bond and Currency Fund

Double Fun Travel Service Package (Applied to customers who have registered "Double Fun Travel Service Package" on or before 28 August 2017: )

Transcription:

Terms and conditions of "Monthly Stocks Savings Plan": 1. To set up a Monthly Stocks Savings Plan, customers are required to hold a securities account. Customers can at most set up one Monthly Stocks Savings Plan with its contribution paid through securities settlement account and one Monthly Stocks Savings Plan with its contribution paid through BOC Credit Card for each securities account. 2. If the required contribution amount could not be debited by Bank of China (Hong Kong) Limited (the Bank ) from the customer s securities settlement account or BOC Credit Card for three consecutive months, the Bank will have the right to terminate the relevant plan without prior notice. 3. The maximum monthly contribution amount paid by BOC Credit Card is subject to the credit limit of the BOC Credit Card. 4. Change in the number of stocks, monthly contribution amount or the use of another BOC Credit Card as the debit account will not affect the calculation of Consecutive Contribution Period. 5. Unless otherwise specified, the contribution day of the Monthly Stocks Savings Plan is on the tenth day of each month. If such day is not a stock trading day, contribution day will fall on the next stock trading day. If the contribution amount is paid by BOC Credit Card, the contribution amount will be debited 2 business days before the contribution day. 6. If the contribution amount is paid by securities settlement account, the plan(s) cannot be set up from the transaction day to two stock trading days after the transaction day. If the contribution amount is paid by BOC Credit Card, the plan(s) cannot be set up from the credit card contribution day to two stock trading days after the transaction day. 7. A maximum of 20 stocks can be selected under the same plan. 8. To adjust the contribution amount or the stock portfolio, the customer is required to place an instruction through any branches, Investment Trading Hotline or Internet Banking of the Bank 3 business days before the next transaction day. 9. The first successful contribution month, the number of consecutive contribution months and BOC Credit Card Gift Point conversion rate are determined in accordance with the Bank s records. Terms and conditions of "Monthly Funds Savings Plan": 1. The Minimum Monthly Contribution of Monthly Funds Savings Plan includes subscription fee. The charge will be calculated on the basis of a certain percentage of the monthly investment amount. Please refer to the relevant fact sheets, Fund Explanatory Memorandum / Prospectus for details. Any latest announcement from

the fund house shall be conclusive. Other currencies include: Currency USD AUD NZD EUR GBP CAD YEN CHF SEK Monthly Contribution 120 160 180 100 65 170 15,000 150 900 2. Unless specified by the Bank, the cut-off date for applications to add, amend or terminate "Monthly Funds Savings Plan" (the "Plan") is three Hong Kong banking business days (excluding Saturdays) before the Contribution Date (as defined below). Any application submitted after the relevant cut-off date will be processed as an application in respect of the following month. 3. Unless specified by the Bank, the date of contribution and subscription under the Plan is scheduled to be the 20th of each month ("Contribution Date") or, if such day is a Saturday or a public holiday in Hong Kong, the date of contribution and subscription will be postponed to the next banking business day. 4. Customers can pay the monthly contributions by direct debit from the designated settlement accounts maintained at the Bank or BOC Credit Cards. If the monthly contribution is settled via the settlement accounts, it will be debited on the Contribution Date, and customers should maintain sufficient funds in the settlement accounts to cover the amount. If the monthly contribution is settled by BOC Credit Cards, it will be debited on two Hong Kong banking business days (excluding Saturdays) before the Contribution Date or any other date specified by the Bank, and the customers should maintain sufficient available credit limit to cover the amount. 5. If the monthly contribution is settled via settlement accounts, the minimum monthly contribution for the Plan is HK$1,000 (or above-mentioned other currencies). If the monthly contribution is settled by BOC Credit Cards, the minimum and maximum monthly contribution for the Plan is HK$1,000 and HK$20,000 respectively. 6. If the customers fail to make the payments of monthly contribution for three consecutive months, the Bank reserves the right to terminate the relevant Plan immediately. Terms of the promotion offers: 1. The promotion period is from 18 April 2016 to 31 July 2016 (both dates inclusive) ( Promotion Period ). 2. Monthly Stocks Savings Plan Transaction Fee Reduction Offer: This offer is only applicable to the customers who set up Monthly Stocks Savings Plans via securities account (including Family Securities Accounts) ( Eligible Securities Accounts ) maintained with the Bank during the Promotion Period, settle the first contribution payment successfully (including contribution payment

settled via securities settlement accounts or BOC Credit Cards) on or before 10 August ( First Eligible Contribution ) and has not made any contribution on Monthly Stocks Savings Plan through the same Eligible Securities Account within 6 months preceding the date of the first contribution. ( Eligible Customer ) Eligible Customer can enjoy HK$50 transaction fee reduction for each month for the first 6 consecutive month contributions starting from the First Eligible Contribution. However, Eligible Customer should pay the transaction fee first (transaction fee is equivalent to 0.25% of the monthly contribution amount for each plan, including the brokerage fee, stamp duty, transaction levy and transaction charge. The minimum monthly charge is HKD / RMB50). The transaction fee reduction amount will be credited to the settlement account of Eligible Customer within the 8th calendar month starting from the First Eligible Contribution. If an Eligible Customer holds more than one settlement account, the Bank has the discretion to credit the transaction fee reduction amount to any one of the securities settlement accounts. Eligible Customer should maintain the Eligible Securities Accounts and the relevant settlement account at the time when the transaction fee reduction is credited; otherwise this offer will be forfeited. If an Eligible Customer terminates the Monthly Stocks Savings Plan or is unable to make contribution within 6 months after making the First Eligible Contribution for any reason, this offer will be forfeited. The Eligible Customer can still enjoy HK$50 monthly transaction fee reduction before the offer is forfeited and the transaction fee reduction amount will be credited into the settlement account of Eligible Customer within the 8th calendar month starting from the First Eligible Contribution. However, if the customer sets up the Monthly Stocks Savings Plan again with the same Eligible Securities Account and make contribution within the Promotion Period, he / she is not eligible for this offer again. Each Eligible Customer can set up Monthly Stocks Savings Plans with more than one Eligible Securities Account. However, each Eligible Securities Account can enjoy up to HK$300 transaction fee reduction only. 3. Monthly Funds Savings Plan Offers: This offer is only applicable to the customers who newly set up Monthly Funds Savings Plans via the Bank during the Promotion Period, and settle the first contribution payment successfully (including contribution payment settled via fund settlement accounts or BOC Credit Cards) on or before 20 August 2016 ( First Eligible Contribution ) together with contributions made for 6 consecutive months from the date of First Eligible Contribution. ( Eligible Subscription Fee Reduction Customers").

Eligible Subscription Fee Reduction Customers are required to fully settle the subscription fee at the time of subscription every month. The amount of subscription fee reduction will be calculated at a rate of 2% of the aggregate amount of actual monthly contribution made in first 6 months ( Subscription Fee Reduction %"). See below example for illustration purpose: Assume monthly Aggregate amount of monthly Subscription fee contribution made (or its contribution made in first 6 reduction amount (C) equivalent in foreign months (or its equivalent in (C)=(B) x Subscription currencies) (A) foreign currencies) (B) Fee Reduction % (B)= (A) x 6 HK$3,000 HK$18,000 HK$300 HK$2,500 HK$15,000 HK$300 HK$1,800 HK$10,800 HK$216 HK$1,000 HK$6,000 HK$120 Subscription Fee Reduction will be credited automatically into the valid BOC Credit Card hold by Eligible Subscription Fee Reduction Customers in form of BOC Credit Card Free Spending Credit in the 8th calendar month starting from the First Eligible Contribution ( Free Spending Credit ). If an Eligible Subscription Fee Reduction Customer has terminated a Monthly Funds Savings Plan of the same fund within the Promotion Period, this offer will be forfeited. Eligible Subscription Fee Reduction Customers should maintain the fund account and valid BOC Credit Card when the Free Spending Credit is credited by the BOC Credit Card International Limited ( Card Company ), otherwise this offer will be forfeited. When the Card Company credits the Free Spending Credit, Eligible Subscription Fee Reduction Customers must hold BOC credit card issued in Hong Kong bearing the logo, not applicable to Credit Cards issued in mainland China and Macau, Private Label Card, Great Wall International Card, USD Card, Purchasing Card, BOC Prepaid Card, BOC Express Cash Revolving Credit and Intown Cards. Free Spending Credit is meant exclusively for retail purchase and cannot be used for cash advance, settlement of financial charge or any previous outstanding balance accrued before the Free Spending Credit is credited. Free Spending Credit cannot be converted into cash or exchanged for other gifts and is also not refundable and transferrable. If an Eligible Subscription Fee Reduction Customer holds more than one BOC Credit Card, the Free Spending Credit will be credited to the highest tier BOC Credit Card Amount (the credit card tier in descending order is Visa Infinite Card, CUP Dual

Currency Diamond Card, World MasterCard, Visa Signature Card, Platinum Card, Titanium Card, Gold Card and Classic Card). The status of the credit card accounts held by Eligible Subscription Fee Reduction Customers must be normal, valid and in good standing, and such accounts should not have overdue / bad records, nor have they been cancelled / terminated for any reason, and the Eligible Subscription Fee Reduction Customers should not have breached the Card User Agreement when the Free Spending Credit is credited by the Card Company. If Eligible Subscription Fee Reduction Customers cannot fulfil the above requirement, the Bank and the Card Company reserve the right to forfeit the relevant offer without prior notice. In case of joint name account holders, only one of the account holders will be entitled to this promotion offer. The Bank reserves the right to credit the Free Spending Credit to the valid BOC Credit Card Account held by any one of the joint name account holders. Each Eligible Subscription Fee Reduction Customer can enjoy up to HK$300 subscription fee reduction only. For fund transactions denominated in foreign currencies, the relevant transaction amount will be converted into Hong Kong Dollar on the basis of the prevailing exchange rate quoted by the Bank at the close of the transaction day. The Bank reserves the right to change the calculation method of transaction amount at its sole discretion. 4. BOC Credit Card gift points offer: The above Gift Points Conversion Rate is subject to the Bank's announcement from time to time (i) Monthly Stocks Savings Plan If the Monthly Stocks Savings Plan contribution amount is paid by BOC Credit Card, the BOC Credit Card Gift Points will be calculated based on the number of consecutive months of contribution. Consecutive Month(s) of 13 to 24 1 to 12 months Contributions months Over 24 months Conversion Rate (Hong Kong dollars / RMB contribution amount: Credit Card Gift Points) 5:1 3:1 1:1 Upper Limit of Gift Points A maximum of 10,000 BOC Credit Card Gift Points can be earned for each monthly contribution

The Gift Points are only applicable to customers who hold valid BOC Credit Cards issued in Hong Kong bearing logo, while customers of Great Wall International Credit Card, USD Card, BOC Purchasing Card, BOC Prepaid Card, Private Label Card, Intown Card, BOC Express Cash Card, and customers who have participated in the cash rebate plan are excluded. The Gift Points cannot be redeemed for cash or exchanged for other products or services, and cannot be transferred. The above terms should be read in conjunction with those contained in the latest issue of BOC Credit Card Gift Point Catalogue. (ii) Monthly Funds Savings Plan If the Monthly Funds Savings Plan contribution amount is paid by BOC Credit Card, the BOC Credit Card Gift Points will be converted at a rate of 1:1 (Each contribution HK$1 = 1 BOC Credit Card Gift Point). A maximum of 20,000 BOC Credit Card Gift Points can be earned for each monthly contribution. 5. HKD Monthly Deposit Savings Plan To be eligible for these offers, customers must successfully set up new HKD Monthly Deposit Savings Plan (Integrated Account) (for Integrated Account Services Customers) or Payroll Customers Monthly Deposit Savings Plan via any branch, Internet Banking, Mobile Banking or Manned Phone Banking Services of the Bank during the Promotion Period. The above HKD Monthly Deposit Savings Plan interest rates are based on the interest rates of a 12-month HKD/a 18-month Monthly Deposit Savings Plan quoted on 6 April 2016 by the Bank and are for reference only. The actual interest rates will be subject to the quotes by the Bank from time to time. Manned Phone Banking Services are only applicable to selected customers with designated transaction account. For details, please contact our branch staff. The preferential interest rate is a one-off privilege for each time deposit and the subsequent renewal rates of time deposits will be subject to the quotes by BOCHK from time to time. Offer is limited and available while quota lasts. General Terms: 1. The above offers are only applicable to personal banking customers. 2. Customers can enjoy all the offers listed above simultaneously. However, these offers cannot be used in conjunction with other promotion offers that are not listed in this promotion material. 3. The above products, services and offers are subject to the relevant terms. For details,

please refer to the relevant promotion materials or contact the Bank's staff. 4. The Bank and the Card Company reserve the right to amend, suspend and terminate the above products, services and offers and to amend the relevant terms at any time at its sole discretion without prior notice. 5. In case of any dispute, the decision of the Bank and the Card Company shall be final. 6. Should there be any discrepancy between the English and Chinese versions of this promotion material, the Chinese version shall prevail. Risk Disclosure: The following risk disclosure statements cannot disclose all the risks involved. You should not rely on the content of this promotion material for making any investment decision. The investment products or services mentioned in this promotion material are not equivalent to, nor should it be treated as a substitute for, time deposit. Although investment may bring profit opportunities, each investment product or service involves potential risks. Due to dynamic changes in the market, the price movement and volatility of investment products may not be the same as expected by you. Your fund may increase or reduce due to the purchase or sale of investment products. The value of Funds may go up as well as down and the Funds may become valueless. Therefore, you may not receive any return from your investment in Funds. Part of the investment may not be able to liquidate immediately under certain market situation. Before making any investment decisions, you should consider your own financial situation, investment objectives and experiences, risk acceptance and ability to understand the nature and risks of the relevant product. Investment involves risks. Please refer to the relevant fund offering documents for further details including risk factors. If you have any enquiry on this Risk Disclosure Statement or the nature and risks involved in trading or funds etc, you should seek advice from independent financial adviser. Risks associated with the Mainland-Hong Kong Mutual Recognition of Funds arrangement The Recognised Mainland Funds scheme are subject to an overall quota restriction, its mutual recognition authorization is not guaranteed, you may encounter uncertainties in the Mainland tax liabilities. These Funds invest primarily in securities related to the Mainland market. You have to understand its different market practices and relevant implications. Also, you may be subject to additional concentration risk and the Mainland market risk, investing in the Mainland may give rise to different risks including political, policy, tax, economic, foreign exchange, legal, regulatory and liquidity risks.

Risk Disclosure of Securities Trading 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. Risk of Foreign Currency Trading Foreign currency investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of foreign currency may result in losses in the event that customer converts the foreign currency into Hong Kong dollar or other foreign currencies. Risks of trading of listed RMB products Investment / Market Risk Like any investments, RMB equity products are subject to investment risk. The price of the RMB equity products in the secondary market may move up or down. Losses may incur as a result of investing in the products even if the RMB appreciates against HKD or other currencies. Currency Risk If you are a non-mainland investor who holds a local currency other than RMB, you will be exposed to currency risk if you invest in RMB equity products. You will incur currency conversion costs, being the spread between buying and selling of RMB, at the time of conversion between your local currency and RMB for the purchase or sale of an RMB equity product. Even if the price of the RMB equity products you are holding remains unchanged, you may not receive the same amount of HKD when you sell the products due to the spread between buying and selling of RMB. RMB is a restricted currency and is subject to foreign exchange controls. Although the Central Government of the PRC has relaxed the restrictions by allowing banks in Hong Kong to conduct RMB business in a specified scope, RMB is still not freely convertible in Hong Kong. You may not be able to convert RMB at your preferred time and/or in your preferred amount or conversion cannot be made, which may lead to investment losses. The policies of the Central Government of the PRC on foreign exchange control are subject to change, and your investment may be adversely affected. Liquidity Risk RMB equity products are a new type of investment product in the Hong Kong market. Regular trading or an active secondary market of these products may not be available. Therefore, customer may not be able to sell his/her holdings of RMB equity products on

a timely basis, or customer may have to offer them for sale at a deep discount to their value in order to find a buyer. If the Central Government of the People s Republic of China tightens foreign exchange controls, the liquidity of RMB funds and RMB equity products in Hong Kong will be affected and customer may be exposed to greater liquidity risk. Exchange Rate Risk RMB equity products that are traded and settled in RMB are exposed to exchange rate risk. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or other foreign currencies. Moreover there is no guarantee that RMB will not depreciate. Any devaluation of RMB could adversely affect the value of your investment in the RMB equity products. RMB equity products are not an investment instrument for speculating on RMB/HKD exchange rate movements. Default Risk & Credit Risk In general, RMB equity products are exposed to the usual kind of default risks that might be associated with equity products denominated in other currencies. The performance of RMB equity products is affected by the underlying business performance and a variety of other factors in connection with the issuers, and is subject to the credit risks associated with the special profile or special business strategy that the issuers may have. Emerging Market Risk RMB equity products associating with the market of the Mainland of China are particularly subject to risks that may arise from the relevant market/industry/sector and other factors such as change in government policies, taxation and political development in the Mainland. Conversion Limitation Risk of RMB (Only applicable to Individual Customers) RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or other foreign currencies. RMB is currently not fully freely convertible. Individual customers can be offered CNH rate to conduct conversion of RMB through bank accounts and may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance. Conversion Limitation Risk of RMB (Only applicable to Corporate Customers)

RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or other foreign currencies. RMB is currently not fully freely convertible. Corporate customers that intend to conduct conversion of RMB through banks may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance. This promotion material does not constitute any offer, solicitation, recommendation, comment or any guarantee to the purchase or sale of any investment product or service. This promotion material is issued by Bank of China (Hong Kong) Limited and the contents have not been reviewed by the Securities and Futures Commission.