Terms and conditions of China A Shares Trading Online and Mobile Offer:

1. The promotional period of China A Shares Trading Online and Mobile Offer ("This Promotion") is from 18th September 2017 till further notice. ("Promotional Period"). This Promotion is applicable to all Securities Customers of CMB Wing Lung Bank ("the Bank") ("Eligible Customer").

2. During the Promotional Period, for Eligible Customer who trades China A Shares (including Shanghai A Shares and Shenzhen A Shares) through CMB Wing Lung NET Securities Services or CMB Wing Lung Bank Mobile App, the privileged commission rate is 0.20% (minimum brokerage commission is RMB60).

3. Eligible Customer trading China A Shares at branches or through Manned Securities Services Trading Hotline will be charged according to the standard brokerage commission. For details, please refer to Global Securities Trading Services Charges Schedule.

4. Combine-trade Offer: Offer is calculated on individual account basis. The minimum brokerage commission of each trading channel is still valid to the combined transaction. Trading at CMB Wing Lung NET Securities Services, CMB Wing Lung Bank Mobile App, branches or Manned Securities Services Trading Hotline are regarded as individual trading channel.

5. Apart from the brokerage commission, Eligible Customer trading China A Shares is also required to pay other transaction fees, including but not limit to Handling Fee (Collected for Shanghai Stock Exchange / Shenzhen Stock Exchange), Securities Management Fee (Collected for China Securities Regulatory Commission), Transfer Fee (Collected for China Clear Shanghai/China Clear Shenzhen and Hong Kong Securities Clearing Company Limited), Stamp Duty (Collected for State Administration of Taxation), etc. If there is any update, the Bank will charge Eligible Customer according to the latest charge schedule determined by corresponding organization. For details, please refer to Global Securities Trading Services Charges Schedule.

6. The Bank reserves the right to suspend, amend, terminate or cancel any offers, rewards, 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 Promotion, 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 the General Banking and CMB Wing Lung Sunflower Service Charges and Global Securities Trading Services Charges Schedule.

7. In case of discrepancies between the English and Chinese versions of these Terms and Conditions, the Chinese version shall prevail.

     According to the implementation measures for the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect, which came into effect on July 25, 2022, mainland investors will be restricted from buying and selling China Connect securities through the Shanghai-Shenzhen Stock Connect. For details, please refer to the Hong Kong Stock Exchange's "Shanghai-Shenzhen-Hong Kong Stock Market Trading Connect Mechanism". China Connect is a trading and settlement interconnection mechanism established by the Hong Kong Stock Exchange, the Shanghai Stock Exchange and the China Securities Depository and Clearing Corporation in the securities markets of the Mainland and Hong Kong, aiming to achieve the goal of investors in the two places directly entering each other's markets, making Shanghai, Shenzhen and Hong Kong transactions interconnected. China Connect is divided into two parts, "Shanghai Stock Connect" and "Shenzhen Stock Connect" are mechanisms for Hong Kong and overseas investors to invest in mainland A shares; "Hong Kong Stock Connect" is a mechanism for mainland investors to buy Hong Kong stocks.

The above information is for reference only and does not constitute and should not be regarded as any offer to purchase or sell. Investment involves risks and the price of securities may fluctuate or even become worthless. Past record is not an indicator of future performance. 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. 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. The above information has not been reviewed by the Securities and Futures Commission of Hong Kong.

Transactions conducted through financing obtained through pledge loans are highly risky. The losses you may suffer could exceed the amount of the cash and other assets you have deposited as pledges with us. You could be asked within a short time to deposit extra margin or pay up for the interest. If you fail to pay the required margin or interest before the designated deadline, your pledge is likely to be sold without your consent. In addition, you are also liable for any shortage of fund in your account and for the interest due. Therefore, you are kindly advised to ponder if such financing arrangements suit your financial status and investment strategies.

Under certain market conditions, you may find it difficult or impossible to liquidate a position. In these circumstances, your loss will not be limited to your margin and may be a substantial amount in addition. You should not participate in margin trading unless you are willing to assume the risks associated with such transaction and are financially able to absorb losses.

CMB Wing Lung Bank Limited