Terms and Conditions of HK Stocks Buy Brokerage Rebate e-Offer:

  1. The promotional period of HK Stocks Buy Brokerage Rebate e-Offer (“this e-Offer”) is from 1st October 2018 to 31st March 2019 (both dates inclusive) (“Promotional Period”).
  2. This e-Offer is only applicable to customer who holds Securities Account of CMB Wing Lung Bank Limited (“the Bank”) (“Eligible Customer”).
  3. Eligible Customer must logon and redeem this e-Offer in CMBWLB Wintech mobile application (“Wintech”) during the Redeem Period. The actual Redeem Period of this e-Offer shall be determined by the Bank at its sole discretion and may be varied without any notice. This e-Offer is subject to quota availability and is offered on a first-come-first-serve basis.
  4. Each Eligible Customer can only redeem this e-Offer once on a trade day (“Redeem Day”) and a maximum of 5 times in a calendar month. Redemption and offer will be counted separately for Personal Account and Joint Account. If Eligible Customer holds both Personal Account and Joint Account, Eligible Customer can logon to Personal Account and Joint Account of Wintech separately in order to redeem and enjoy this e-Offer for his/her Personal Account and Joint Account.
  5. Eligible Customer must use this e-Offer and successfully execute buy order of HK Stock through Wintech within the Redeem Day in order to get the buy brokerage rebate; If Eligible Customer successfully execute more than one buy order of HK Stock during the Redeem Day, the Bank will calculate the rebate with the buy order of HK Stock with the highest buy brokerage (“Eligible Transaction”). The Bank’s records of the “buy order of HK Stock with the highest buy brokerage” shall be conclusive and binding on Eligible Customer. The amount of rebate will be the buy brokerage of the Eligible Transaction (“Rebate Amount”). The maximum Rebate Amount on each Redeem Day for each Eligible Customer is HKD100. The total maximum Rebate Amount in each calendar month for each Eligible Customer is HKD500.
  6. If Eligible Customer does not have any Eligible Transaction on the Redeem Day, the e-Offer will become invalid and the Rebate Amount for that Redeem Day will also be cancelled.
  7. Eligible Customer shall pay brokerage first in full according to the pre-defined brokerage rate of Securities Account. The Bank will calculate the total buy brokerage paid for the Eligible Transaction after the end of each calendar month and will deposit the Rebate Amount to the settlement account (for Cash Securities Trading Account) or Securities Account (for Margin Securities Trading Account) of Eligible Customer within the following calendar month. All settlement accounts and Securities Account of the Eligible Customer must still be valid when buy brokerage rebate is
  8. If the HK Stock traded is not settled in Hong Kong Dollar, the relevant buy brokerage rebate will be converted to the equivalent Hong Kong Dollar and deposited to the settlement account (for Cash Securities Trading Account) or Securities Account (for Margin Securities Trading Account). The exchange rate is determined by the Bank from time to time.
  9. The HK Stock bought through Securities Savings Scheme is not applicable to this e-Offer.
  10. Eligible Customer cannot enjoy brokerage, cash, interest or coupon rebate of other related securities services offered by the Bank simultaneously. The Bank will calculate the rebate/coupon amount of each offer applied on an individual Securities Account each month for comparison, only one of the offers with the highest value will be given to the Eligible Customer.
  11. (Applicable to Margin Securities Trading Account) If the Margin Securities Trading Account was liquidated forcibly by the Bank during the Promotional Period (e.g. the account maintains insufficient margin causing the Bank to liquidate forcibly of all or part of the securities), such Securities Account will not be awarded any offer or brokerage rebate from that calendar month.
  12. Eligible Customer should still pay other fees of the Bank, including but not limit to settlement fee, trading free, transaction levy and stamp duty, etc. For more details, please refer to Securities Service Charges on the General Banking and CMB Wing Lung Sunflower Service Charges.
  13. The Bank reserves the right to suspend, amend, terminate or cancel any offers, rewards, brokerage rebate and/or amend these Terms and Conditions at any time without further notice. Should there be any disputes of the Terms and Conditions of this e-Offer, the Bank reserves the final right of explanation and decision. For details of these Terms and Conditions, service charges and promotional offers of the Bank’s securities services, please refer to the relevant promotional leaflets and Securities Services Charges on theGeneral Banking and CMB Wing Lung Sunflower Service Charges.
  14. In case of discrepancies between the English and Chinese versions of these Terms and Conditions, the Chinese version shall prevail.

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Risk disclosure

The above information does not constitute and should not be regarded as any recommendation, offer or solicitation to purchase or sell any securities. Investment involves risks and the price of securities may fluctuate or even become worthless. Losses may be incurred rather than making a profit as a result of dealing in securities. You should carefully and independently consider whether the securities are suitable for you in light of your investment experience, objectives, financial position and risk profile. This advertisement has not been authorized by the Securities and Futures Commission. Independent professional advice should be obtained if necessary. Please read the relevant terms and conditions together with the risk disclosure statements in the General Conditions for Accounts and Services before making any investment decisions.

Declaration

According to the Personal Data (Privacy) Ordinance, you may, at any time and without charge, choose not to receive our future promotional materials. Please click here or inform us in writing in case of such a request to the Data Protection Officer. (Address: The Data Protection Officer, CMB Wing Lung Bank Limited, 45 Des Voeux Road Central, Hong Kong. Fax no. 2782 3895)