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

  1. The promotional period of HK Stocks or A Shares Buy Brokerage Rebate e-Offer (“this e-Offer”) is from 1st January 2022 to 30th June 2022 (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. 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 (“Redeem Period”) .Eligible Customer must logon and redeem this e-Offer in CMBWLB Wintech mobile application (“Wintech”) during the Redeem Period. 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 2 times in a calendar month. Number of redemptions and buy brokerage rebate 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 or China A Share (“A Share”) through Wintech within the Redeem Day (“Eligible Transaction”) in order to get the buy brokerage rebate; if Eligible Customer successfully execute more than one buy order of Eligible Transaction during the Redeem Day, the Bank will calculate in equivalent Hong Kong Dollar that the buy order of Eligible Transaction with the highest buy brokerage will be eligible for the rebate; The buy brokerage of A Share will be converted to the equivalent Hong Kong Dollar for comparison (The exchange rate is determined by the Bank from time to time). The Bank’s records of the “buy order of Eligible Transaction 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 (if Eligible Transaction is HK Stocks) or RMB100 (if Eligible Transaction is A Shares), whichever the amount of equivalent Hong Kong Dollar is higher. If the Eligible Transaction is A Shares, the Rebate Amount will be in RMB.
  6. If Eligible Customer do 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 deposited.
  8. (Applicable to transaction of HK Stocks) 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, coupon rebate or other offers 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 calendar month for comparison, only one of the offers with the highest value will be given to the Eligible Customer. The Bank’s decision shall be final and conclusive.
  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 eligible for any offer or brokerage rebate from that calendar month.
  12. Eligible Customer should still pay other fees of the Bank and/or transaction fees, 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 and Global Securities Trading Services Charges Schedule.
  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 the General Banking and CMB Wing Lung Sunflower Service Charges and Global Securities Trading Services Charges Schedule.
  14. In case of discrepancies between the English and Chinese versions of these Terms and Conditions, the Chinese version shall prevail.

Warning: To borrow or not to borrow? Borrow only if you can repay!

Risk disclosure
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. 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).