Terms and conditions of promotion:

1. Lucky Draw – A luxury electric car:

• Promotion period is from 1 January 2023 until 30 April 2023 (both dates inclusive)(“Promotion Period”).
• This lucky draw ("Lucky Draw") is only applicable to personal banking customers who successfully open new single-name securities accounts (including securities margin accounts and family securities accounts) or holding single-name securities accounts (“Eligible Securities Accounts”) with Bank of China (Hong Kong) Limited (“BOCHK”) during the Promotion Period. It is not applicable to the staffs of BOCHK and its subsidiaries (“Eligible Lucky Draw Customers”).
• Eligible Lucky Draw Customers who complete the following transaction via Internet Banking, Mobile Banking or Automated Stock Trading Hotline of BOCHK through their Eligible Securities Accounts during the Promotion Period (“Designated transaction”) will be automatically entitled to the Lucky Draw chance(s) without further registration to win a luxury electric car (1 winner) (“Prize”):
  1. Buy or sell HK Stocks, A Shares or US Stocks; and / or
  2. Buy or sell odd lot
• Eligible Lucky Draw Customers will enjoy one Lucky Draw chance for completing each Designated Transaction during the Promotion Period, enjoy two Lucky Draw chances for complete two transactions, and so on. There is no maximum limit on the number of Lucky Draw chances.
• The Lucky Draw will be conducted on or before 30 June 2023 and the Lucky Draw result will be announced on BOCHK website (www.bochk.com) on or before 31 July 2023. BOCHK will send the Prize notification by SMS to the valid mobile number of the winner according to BOCHK’s record on or before 31 August 2023. The winner will receive the Prize collection letter issued by BOCHK via post on or before 30 September 2023. The winner is required to collect the Prize according to the details stated in the Prize collection letter. Please refer to the Prize collection letter for Prize collection details.
• BOCHK reserves the right to offer an alternative Prize or cash rebate as replacement without prior notice.
• The winner should ensure that his / her mobile phone number and corresponding address are correct in BOCHK record, and the mobile phone number should be able to receive SMS. If either or both the mobile phone number and corresponding address of the winner are invalid, the winner will be considered as disqualified for the Lucky Draw. The winner who has won the Prize will be disqualified if the Prize is not collected on or before 31 December 2023. If the qualification is cancelled, BOCHK accepts no liability and will not be liable for any compensation, and no separate Lucky Draw will be conducted.
• The Prize is non-transferable, non-refundable and non-exchangeable for cash or other product(s).
• The winner understands and accepts that BOCHK is not the supplier of the Prize. BOCHK shall bear no liability relating to any aspect of the Prize, including but limited to their quality and the services. The Prize may be subject to additional terms and conditions as stipulated by the supplier.
• The photos and reference retail price of the Prize are for reference only. BOCHK will not accept any liability for the difference between the reference retail price and the actual market price.
• BOCHK reserves the right to vary, modify and terminate the Lucky Draw and to amend any of these terms and conditions at any time without any prior notice. In case of disputes regarding the Lucky Draw, the decision of BOCHK shall be final and binding.
• Fraud and abuse will result in forfeiture of the winner’s eligibility to participate in the Lucky Draw. In case there is any suspected abuse, misuse or fraud, which shall be determined at the sole discretion of BOCHK. BOCHK reserves the absolute right to forfeit the winner’s eligibility to participate in the Lucky Draw and / or entitlement to the Prize.
• The winner should maintain valid Eligible Securities Accounts and Integrated Account Services at the time of the Lucky Draw result announcement. Otherwise he / she will be disqualified from the Lucky Draw Prize.

2. New Securities Account $0 brokerage fee offer for buying and selling Hong Kong stocks / A shares:

• Promotion period is from 1 January 2023 until 31 March 2023 (both dates inclusive)(“Promotion Period”).
• This offer is only applicable to personal banking customers who hold Integrated Account Services and successfully open new single-name securities account (including securities margin account but excluding family securities account)(“New Securities Account”) with BOCHK during the Promotion Period and do not have any single-name securities account with BOCHK within 6 months preceding the date of New Securities Account opening (“Eligible New Securities Customers”).
• Eligible New Securities Customers who open New Securities Account during the Promotion Period are entitled to first 3-month brokerage fee reduction (“Brokerage Fee Reduction”) for each buying and selling transaction of securities listed on Hong Kong Exchange and Clearing Limited (“HKEx”) and settled in HKD or RMB (exclude Monthly Stocks Savings Plan and IPO subscription) or securities listed on Shanghai Stock Exchange (“SSE”) or Shenzhen Stock Exchange (“SZSE”) via Internet Banking, Mobile Banking or Automated Stock Trading Hotline of BOCHK through the New Securities Account within the first 3 months starting from the date of New Securities Account opening (3-month period is calculated on the basis of 90 days with the 90th day, Saturdays, Sundays and public holidays included). The maximum brokerage fee reduction is HK$30,000 for each Eligible New Securities Customer and there is no maximum limit on the transaction count.
• The brokerage fee settled in RMB will be converted into HKD at the exchange rate determined by BOCHK. Eligible New Securities Customers should pay the brokerage fee of buying and selling transactions first. The Brokerage Fee Reduction will be credited to the settlement account of Eligible New Securities Customers on or before 30 September 2023.
• If an Eligible New Securities Customer holds more than one settlement account, BOCHK has the discretion to credit the Brokerage Fee Reduction to any one of the settlement accounts.
• Other transaction fees still apply, including but not limited to transaction charge, Hong Kong stamp duty, transaction levy charged by the Securities and Futures Commission of Hong Kong, trading fee charged by HKEx, stamp duty charged by the State Administration of Taxation, securities management fee charged by China Securities Regulatory Commission, handling fee charged by SSE or SZSE and transfer fee charged by China Securities Depository and Clearing Corporation Limited.
• Eligible New Securities Customers should maintain valid New Securities Account, relevant settlement account and Integrated Account Services at the time when the Brokerage Fee Reduction is credited, otherwise the offer will be forfeited.

3. New US Securities Services $0 brokerage fee offer for buying and selling US stocks:

• Promotion period is from 1 January 2023 until 31 March 2023 (both dates inclusive)(“Promotion Period”).
• This offer is only applicable to personal banking customers who hold Integrated Account Services and successfully open new single-name US securities services (“New US Securities Services”) with BOCHK during the Promotion Period and do not have any single-name US securities services with BOCHK within 6 months preceding the date of New US Securities Services opening (“Eligible New US Securities Customers”).
• Eligible New US Securities Customers who open New US Securities Services during the Promotion Period are entitled to first 3-month brokerage fee reduction (“Brokerage Fee Reduction”) for each buying and selling transaction of securities listed on New York Stock Exchange (NYSE), NASDAQ or NYSE Amex Equities Market and settled in USD via Internet Banking or Mobile Banking of BOCHK through the New US Securities Services within the first 3 months starting from the date of New US Securities Services opening (3-month period is calculated on the basis of 90 days with the 90th day, Saturdays, Sundays and public holidays included). The maximum brokerage fee reduction is HK$30,000 for each Eligible New US Securities Customer and there is no maximum limit on the transaction count.
• The brokerage fee settled in USD will be converted into HKD at the exchange rate determined by BOCHK. Eligible New US Securities Customers should pay the brokerage fee of buying and selling transactions first. The Brokerage Fee Reduction will be credited to the HKD settlement account of Eligible New US Securities Customers on or before 30 September 2023.
• If an Eligible New US Securities Customer holds more than one HKD settlement account, BOCHK has the discretion to credit the Brokerage Fee Reduction to any one of the HKD settlement accounts.
• Other transaction fees still apply, including but not limited to US stocks SEC fee and FINRA fee.
• Eligible New US Securities Customers should maintain valid New US Securities Services, relevant settlement account and Integrated Account Services at the time when the Brokerage Fee Reduction is credited, otherwise the offer will be forfeited.

4. Account Opening Reward - HK$50 Pacific Coffee coupon:

• Promotion period is from 1 January 2023 until 30 April 2023 (both dates inclusive)(“Promotion Period”).
• This offer is only applicable to personal banking customers who hold Integrated Account Services and successfully open new single-name securities accounts (including securities margin accounts but excluding family securities accounts) or open new single-name US securities service (“New Securities or US Securities Account”) with BOCHK during the Promotion Period and do not have any single-name securities account with BOCHK within 6 months preceding the date of New Securities Account opening or do not have any single-name US securities service with BOCHK within 6 months preceding the date of New US securities service (“Eligible New Securities or US Securities Customers”).
• Eligible New Securities or US Securities Customers who successfully open New Securities or US Securities Account during the Promotion Period and complete the following transaction via Internet Banking, Mobile Banking or Automated Stock Trading Hotline of BOCHK through the New Securities or US Securities Account within the first 3 months starting from the date of New Securities or US Securities Account opening (3-month period is calculated on the basis of 90 days with the 90th day, Saturdays, Sundays and public holidays included) will be entitled to two HK$25 Pacific Coffee coupons (the “Coupon”):
  1. Buy or sell HK Stocks, A Shares or US Stocks; and / or
  2. Buy or sell odd lot
• Each Eligible New Securities or US Securities Customer will be entitled to this Coupon once only.
• BOCHK will send the Coupon redemption notification by SMS or email to the valid mobile number or email address of Eligible New Securities or US Securities Customers according to BOCHK’s record on or before 31 October 2023. Eligible New Securities or US Securities Customers should follow the redemption period and instruction on the redemption SMS or email to download the Coupon via designated website for usage in store, otherwise the Coupon will be forfeited. For the Coupon’s denomination, quantity and the related terms and conditions, please refer to the relevant redemption SMS or email for details.
• Under any conditions (including during sending or email) if the Coupon is failed to be delivered, stolen, lost, cannot deliver or expired, BOCHK shall not be liable and shall not reissue or replace any defaced / lost Coupon.
• The Coupon is limited and is only available while stocks last. In case the Coupon is out of stock, BOCHK reserves the right to substitute the Coupon with other gift / coupon. The value or type of the substitute gifts / coupons may be different from the current Coupon provided for this promotion.
• The Coupon cannot be transferred, returned, exchanged for other gifts or redeemed for cash. The usage of Coupon is subject to relevant terms and conditions of the supplier of Coupon.
• Eligible New Securities or US Securities Customers should maintain valid New Securities Account or US Securities Service, settlement account and Integrated Account Services at the time when the Coupon is sent, otherwise the offer will be forfeited.
• BOCHK is not the supplier of the Coupon. Any enquiry or complaint about such Coupon should be directed to the relevant suppliers. BOCHK makes no guarantee to the Coupon or service of the suppliers and shall not be liable for any matters in relation to the use of Coupon or services.

General terms:

• The above offers are only applicable to personal banking customers.
• The above products, services and offers are subject to the relevant terms. For details, please refer to the relevant promotion materials or contact BOCHK branch staff.
• BOCHK reserves the right to amend, suspend or terminate the above products, services and offer and to amend the relevant terms at any time at its sole discretion.
• Customers need to pay for the relevant data generated by downloading and/ or using BOCHK Mobile Banking or any designated BOCHK Mobile Applications mentioned above by themselves.
• Please download BOCHK Mobile Applications from official application stores or BOCHK website, and ensure the search wording is correct.
• By using BOCHK Mobile Applications and/ or Mobile Banking or Online Banking, the viewer agrees to be bound by the content of the disclaimer and policy as it may be amended by BOCHK from time to time and posted on BOCHK Mobile Applications and/ or Mobile Banking or Online Banking.
• In case of any dispute, the decision of BOCHK shall be final.
• Should there be any discrepancy between the English and Chinese versions of this promotion material, the Chinese version shall prevail.

Disclaimer:

The information on PickAStock is provided by ET Net Limited ("ET Net") and/or its third party information providers (the "Sources") and is strictly for reference only. It is not intended to provide any financial or professional advice and any person should not rely upon the same as such. You should obtain relevant and specific professional advice before making any investment decision. Before making an investment decision, you should consider, with the assistance of your professional securities adviser, whether the information is appropriate in light of your particular investment needs, objectives and financial circumstances. ET Net and the Sources endeavor to ensure the accuracy and reliability of the information provided. Notwithstanding the aforesaid, ET Net, the Sources, BOCHK do not guarantee or make any representation, warranty or undertaking as to the accuracy, reliability, completeness or timeliness of this information, and accept no responsibility or liability whatsoever (whether in tort or contract or otherwise) for any loss or damage howsoever arising from or in reliance upon the whole or any part of such information.

Important Notice of Trading Odd Lots:

• Only accept "Market Order" instructions.
• Only accept not more than 10 transaction instructions per trading day.
• Will not accept buying odd lots through Mobile Banking via securities margin accounts.
• Upon receipt of the customer's confirmation of the buy instruction of a Market Order, the transaction amount and additional charges (including brokerage fees and other charges) will be calculated based on the 10 spreads from the nominal price quoted at the time when the order is processed. The sum will be withheld from your available investment amount.
• For the odd lot selling order, if no "odd lot price" is input, the odd lot order would be executed at the price in the odd lot market, which may deviate by several spreads from the nominal price. The order type of such odd lot orders would be a "Market Order".
• If the proceeds of the odd lot selling order are less than the related charges, the customer must pay the difference.
• The buy instruction of a Market Order will be submitted to the market for matching once with the 10 best price queues in the prevailing market and within the range of a maximum of 10 spreads above the nominal price at the time when the order is processed, provided that the order price is not lower than 0.01 of the denominated currency of the relevant stock. The final execution price may deviate considerably from the nominal price at the time of order placement. Any unexecuted orders will be automatically cancelled at once.
• Stock transactions will be settled on the 2nd trading day after the trade day (T+2 Settlement).
• All unexecuted orders will be cancelled after the market closes.
• The processing time is related to the stock liquidity and the number of odd lot shares.
• Due to the manual processing of odd lot orders, there is no definite range of price difference between the odd lots and the board lots. Such orders may take longer to process and are not guaranteed to be executed.
• Normally, the execution price of an odd lot order will have several spreads worse than that of a board lot order. BOCHK does not guarantee that investors can execute the odd lot orders at the best prices. The odd lot selling order under monthly savings plan would be executed at the prevailing price of the board lot market.
• HKEx stipulates that the number of odd shares purchased and sold shall not exceed one board lot. When choosing odd lot order trading, an order with a share quantity equal to or exceeding one board lot of the stock will be rejected.
• The quantity of odd lot stocks can be accumulated to reach one board lot in securities account. However, BOCHK Mobile Banking and Internet Banking do not provide the service of splitting one board lot stocks into odd lots for stocks selling.
• The buying odd lot stock list is subject to change by BOCHK from time to time without prior notice.
• By using BOCHK’s odd lot trading services, you agree to the terms set out in this Important Notice.

Risk Disclosure:

The following risk disclosure statements cannot disclose all the risks involved and does not take into account any personal circumstances unknown to BOCHK. You should undertake your own independent review and seek independent professional advice before you trade or invest especially if you are uncertain of or have not understood any aspect of the following risk disclosure statements or the nature and risks involved in trading or investment. You should carefully consider whether trading or investment is suitable in light of your own risk tolerance, financial situation, investment experience, investment objectives, investment horizon and investment knowledge.

Risk Disclosure of Securities Trading

Risk of Securities Trading

Monthly Stocks Savings Plan is not equivalent to, nor should it be treated as a substitute for, time deposit. 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 Securities Margin Trading

The risk of loss in financing a transaction by deposit of collateral is significant. You may sustain losses in excess of your cash and any other assets deposited as collateral with the licensed or registered person. Market conditions may make it impossible to execute contingent orders, such as "stop-loss" or "stop-limit" orders. You may be called upon at short notice to make additional margin or interest payments. If the required margin or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. You should therefore carefully consider whether such a financing arrangement is suitable in light of your own risk tolerance, financial situation, investment experience, investment objectives, investment horizon and investment knowledge.

You are reminded to understand the relevant details, risks, charges and important notes before investing in Shanghai A shares or Shenzhen A shares. For details, please read the “Important Notice of Trading China A Shares and A Shares Margin Trading via Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect” in BOCHK’s website or the branch staff of BOCHK.

RMB Conversion Limitation Risk

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.

Important Notice of US Securities

You should fully understand the details, risks, charges and important notice before invest in US securities. You should seek advice from your professional advisors as to your particular tax position, including but not limited to estate duty and withholding tax that might arise from investing in overseas products.

US securities investment services are not applicable to US persons and might only be applicable to limited jurisdiction. Any person considering an investment should seek independent advice on the suitability or otherwise of the particular investment.

Since the server requires regular maintenance services, the system will not be able to provide the trading, fund transfer, checking securities custody and corporate action services at the following time: Hong Kong time Saturday 11:30am – 4:30pm.

Since the server requires additional maintenance services, the system will not be able to provide the trading, fund transfer and corporate action services (enquiry function remains normal) at the following time: Hong Kong time daily 12:45pm – 2:15pm (during Standard Time in the United States - from the first Sunday in November to the second Sunday in March) or 11:45am – 1:15pm (during Daylight Saving Time in the United States - from the second Sunday in March to the first Sunday in November).

This promotion material does not constitute any offer, solicitation, recommendation, comment or guarantee to the purchase, subscription or sale of any investment product or service and it should not be considered as investment advice.

This promotion material is issued by BOCHK and the contents have not been reviewed by the Securities and Futures Commission of Hong Kong.