1. "Day Trade Brokerage Rebate" Offer¹
   1. The promotion period of "Day Trade Brokerage Rebate" Offer runs from 3 June 2013 to 30 September 2013.
   2. This offer is applicable to cash securities account and margin securities account only, with the exception of "Multi-Trade" securities account and other designated types of securities accounts.
   3. Buying and selling the same stock within a trade day via electronic channels (including Net Banking and Automated Securities Trading Service) will be regarded as one "Qualified Day Trade Transaction". The more "Qualified Day Trade Transaction" is accomplished, the more brokerage rebate discount will be offered to customers (refer to below table). Customers can get 100% brokerage rebate if six "Qualified Day Trade Transactions" or above are accomplished. All buy and sell transactions must be conducted and executed via electronic channels (including Net Banking and Automated Securities Trading Service).

      Daily "Qualified Day Trade Transactions"	"Qualified Day Trade" Brokerage Rebate Discount
      1	10%
      2	30%
      3	50%
      4	70%
      5	90%
      6 or above	100%

   4. "Qualified Day Trade" Brokerage Rebate Discount will be decided by the number of Daily "Qualified Day Trade Transactions" with refer to the above table. The brokerage rebate amount of each stock will be calculated based on the proportion of the accumulated buy quantity to the accumulated sell quantity according to the following example:
      1. Calculation example of Daily "Qualified Day Trade Transactions" and "Qualified Day Trade" Brokerage Rebate Discount: Customer executed the following buy and sell transactions via electronic channels with a trade day:

         Stock	No. of Buy Transactions	No. of Sell Transactions	No. of Daily "Qualified Day Trade Transactions"
         A	1	1	1
         B	3	2	2
         C	2	3	2
         Total no. of Daily "Qualified Day Trade Transactions" within the trade day:			5

         
         As shown from the above example, there are total 5 Daily "Qualified Day Trade Transactions", as a result customer can get 90% Brokerage Rebate Discount. This Brokerage Rebate Discount will be applied on the calculation of the brokerage rebate amount of those stocks with Day Trade Transactions.
      2. The brokerage rebate of each stock will be calculated based on the proportion of the accumulated buy quantity to the accumulated sell quantity according to the following method:
         1. No. of buy transactions and sell transaction and its quantities are the same:
            Sell-side brokerage rebate=Aggregated sell-side brokerage x Daily Brokerage Rebate Discount
            Buy-side brokerage rebate=Aggregated buy-side brokerage x Daily Brokerage Rebate Discount
         2. No. of buy transactions more then sell transactions:
            Sell-side brokerage rebate=Aggregated sell-side brokerage x Daily Brokerage Rebate Discount
            Buy-side brokerage rebate=(Aggregated sell quantity ÷ Aggregated buy quantity)# x Aggregated buy-side brokerage x Daily Brokerage Rebate Discount
         3. No. of sell transactions more then buy transactions:
            Buy-side brokerage rebate=Aggregated buy-side brokerage x Daily Brokerage Rebate Discount
            Sell side brokerage rebate=(Aggregated buy quantity ÷ Aggregated sell quantity)# x Aggregated sell-side brokerage x Daily Brokerage Rebate Discount

         # Maximum value is ONE.

   5. The brokerage for each transaction will be charged based on the pre-defined brokerage rate on an individual account basis. All brokerage fee will be rebated in form of HKD currency; any Renminbi-denominated brokerage fee will be converted to HKD by RMB?1=HK$1. The total amount of brokerage rebate will be calculated at end of each month and credited to the relevant HKD settlement account within the following month. Customers must have valid securities account and settlement account when cash rebate is deposited. Otherwise, customers have no right to claim for the cash rebate even though the relevant criteria of the offer are met. The maximum rebate for each account in each month is HK$2,000.

1. The Bank reserves the right to suspend, amend, or terminate any offers, and/or amend the Terms and Conditions thereof at any time without prior notice. Should there be any disputes relating to the offers and the Terms and Conditions thereof, the Bank's explanation and decision shall be final.
2. Customer cannot enjoy "Day Trade Brokerage Rebate" Offer and other securities brokerage/margin interest rebate offers simultaneously. The bank will calculate the rebate amount under various offers separately in each month for comparison, only one of the offers with the highest rebate amount will be given to customer.
3. Margin securities account will not enjoy any offer or rebate once it has maintained insufficient margin causing the Bank to dispose forcibly of all or part of the securities during the promotion period.
4. For information relating to the Terms and Conditions, services charges and promotional offers of our securities service, please refer to our latest promotional leaflets and Securities Charge Schedule.
5. If there is any discrepancy between the English and Chinese versions, the Chinese version shall prevail.

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.