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.

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.

The charging terms and notes in this leaflet form part of the preferential terms and conditions of i Trade securities account. In case of any dispute over the preferential terms and conditions of the i Trade securities account, the Bank reserves the right of final interpretation and decision.

Statement:

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