Shares Transfer-in Offer Terms and Conditions

1. The promotion period of Shares Transfer-in Offer is from 4 January 2016 to 30 December 2016 (both dates inclusive) (“Promotion Period”).
2. This offer is only applicable to the customer who has already maintained securities account of Wing Ling Bank Limited (“the Bank”) on or before 31 December 2015 (“Eligible Customers”).
3. This offer is only applicable to the stocks listed on the Main Board of the Hong Kong Stock Exchange transferred to the Bank through Central Clearing and Settlement System (in form of non-physical scrip). The market value of each stock must be HKD50,000 (or other equivalent currencies) above. The market value of the stock is calculated according to the closing price on the successful deposit day.
4. Promotion Period is divided into 4 quarters, January to March 2016 is the first quarter, April to June 2016 is the second quarter, July to September 2016 is the third quarter, and October to December 2016 is the fourth quarter. Eligible Customer can only enjoy this offer once in each quarter. There is no limit to the quantity of the HK Stock transferred to the Bank. If the Eligible Customer transfers more than one stock, the transfer application must be submitted at the same time in order to get rebate on more than one stock.
5. The rebate amount awarded to the Eligible Customer is the securities withdrawal fee charged by the stock custodian(s). The deposit fee charged by the Bank (if any) will not be rebated.
6. Eligible Customer shall pay the securities withdrawal fee charged by the stock custodian(s) first and pay the deposit fee charged by the Bank (if any). Eligible Customer shall successfully transfer the stocks within that quarter and provide the original receipt or monthly statement of such transfer instructions to the Bank. The Bank will rebate the fee as shown to Eligible Customer.
7. The Bank will calculate and effect the rebate after the end of each quarter. The rebate amount will be deposited to the settlement account (for cash securities account) or securities account (for margin securities account) of the Eligible Customer by way of cash rebate in the following month after the end of each quarter. The rebate amount will be used to deduct the trading commission for buying stocks listed on the Hong Kong Stock Exchange through Wing Lung Net Banking Service or Automated Securities Trading Service or Wing Lung Mobile Banking Service during that quarter. The maximum rebate amount is the total buying commission paid during that quarter. If the Eligible Customer cannot provide the relevant original receipt or monthly statement, the Eligible Customer will not get any commission rebate.
8. If the Eligible Customer withdraws the stocks (excluding selling of the shares) within six months after the transfer, it is required to pay the securities withdrawal fee and refund the rebate amount of this offer.
9. Eligible Customer cannot enjoy commission, interest or coupon rebate of other related securities services offered by the Bank simultaneously. When calculating the commission rebate amount of “Shares Transfer-in Offer”, the Bank will deduct the rebate/coupon amount that has been given to the securities account in that quarter and offer the remaining rebate amount (if any).
10. If the securities traded are not settled in Hong Kong Dollar, the relevant commission rebate will be converted to the equivalent Hong Kong Dollar and deposited to settlement account. The exchange rate is determined by the Bank.
11. Customer must have been maintaining securities account and settlement account of the Bank when commission rebate is deposited; otherwise, no commission can be rebated.
12. The securities bought through Securities Savings Scheme are not applicable to this offer.
13. If the margin securities account was liquidated forcibly by the Bank during the Promotion Period (that means the account maintained insufficient margin causing the Bank to liquidate forcibly of all or part of the securities), such account will not be awarded any offer or commission rebate from that month.
14. Customer shall still pay other transaction costs, including but not limited to settlement fee, stamp duty, Securities and Futures Commission’s transaction levy and the Hong Kong Stock Exchange’s trading fee. For more details, please refer to Securities Service Charge Schedule of the Bank.
15. The Bank reserves the right to suspend, amend or terminate any offers, rewards, rebate and/or amend the Terms and Conditions thereof at any time without further notice. Should there be any disputes, the Bank reserves the final right of explanation and decision. For details of the Terms and Conditions, service charges and promotional offers of our securities service, please refer to the relevant promotional leaflets and Service Charge Schedule.
16. If there is any discrepancy between the English and Chinese versions of these Terms and Conditions, the Chinese version shall prevail.

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.