Currency-Linked Capital Protected Investment Deposit ...

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Currency-Linked Capital Protected Investment Deposit

American (Bullish Bearish) Investment

Dated May 2018

Important Facts Statement

This is a structured investment product which is NOT protected by the Deposit Protection Scheme in Hong Kong

The contents of this statement have not been reviewed by any regulatory authority in Hong Kong You are advised to exercise caution before investing in this product This statement is a part of the offering documents for this product You should not invest in this product based on this statement alone If you are in any doubt you should obtain independent professional advice

If English is not your preferred language you may request for the Chinese version of this statement from our sales staff 倘若英

文並非閣下屬意的語言閣下可向本行的銷售人員索取本概要的中文版本

This is a structured investment product involving derivatives The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation investment experience and investment objectives

Quick facts Bank Hang Seng Bank Limited

Product Type Currency-Linked Investment Deposit ndash American Bullish Bearish Investment (ldquothis

productrdquo)

Minimum Investment Amount Subscription through branches - HKD 100000 (or its equivalent)

Subscription through e-banking - HKD 50000 (or its equivalent)

Tenor 2 months or above or any other tenor as agreed between you and the Bank

Available Principal Currency (or Deposit Currency) HKD USD AUD GBP EUR JPY CAD CHF NZD and CNY

Available Underlying Currency Pair AUDUSD GBPUSD EURUSD USDJPY USDCAD USDCHF NZDUSD

USDCNH and any other currency pairs as agreed between you and the Bank

Return Rate Varies as specified in the relevant termsheet or to be agreed between you and the

Bank upon entering into a transaction

Deposit periodpayment date Deposit period refers to tenor of this product and return is payable only on Maturity

Date

Principal protection at maturity Yes

Callable by the Bank No

Early termination right by customer No please refer to ldquoWhat are the key risks of Currency-Linked Capital Protected

Investment Depositrdquo section ndash Early WithdrawalTermination Risks for details

Embedded derivatives Yes you will buy option(s) over the Underlying Currency Pair

Maximum potential gain Varies as specified in the relevant termsheet or to be agreed between you and the

Bank upon entering into a transaction

Maximum potential loss Please refer to Scenarios II and III of Examples 1 and 2 and Scenarios IV and V of

Examples 3 and 4 in the ldquoScenario analysisrdquo section of this product type for details

What is this product and how does it work bull American Bullish Bearish investment is one type of our Currency-Linked Capital Protected Investment Deposit which consists of a time

deposit (in Deposit Currency) and buying option(s) on the Underlying Currency Pair of your choice bull You choose the Deposit Currency Underlying Currency Pair and Observation Period according to your need and the Bank will set the

Trigger Level bull During the whole Observation Period the Bank will compare the exchange rate of the Underlying Currency Pair with the Trigger Level If

the exchange rate of the Underlying Currency Pair moves along with your anticipation you will receive Guaranteed Principal and Potential Return If the exchange rate of the Underlying Currency Pair moves against your anticipation you will receive Guaranteed Principal and Minimum Return (if any)

bull The Guaranteed Principal and Return at maturity (if any) will be settled in the Deposit Currency Minimum return applies to certain investment tranches only you should refer to the relevant termsheet for details

What are the key risks of Currency-Linked Capital Protected Investment Deposit Earnings on Currency-Linked Capital Protected Investment Deposit are limited to the Return Coupon (if any) payable You should consider the following risks and read all other information contained in the relevant Termsheet and Terms and Conditions before making any investment decision Not a time deposit Currency-Linked Capital Protected Investment Deposit is NOT equivalent to nor should it be treated as a substitute for time deposit It is

Page 2 of 67

NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong Derivatives risk Currency-Linked Capital Protected Investment Deposit is embedded with FX options Option transactions involve risks even when buying an option The optionrsquos value might become worthless if the market moves against your expectation Limited potential gain The maximum potential gain is limited to the pre-agreed ReturnCoupon calculated at the Potential ReturnCoupon Rate Not the same as buying the Underlying Currency Pair Investing in Currency-Linked Capital Protected Investment Deposit is not the same as buying the Underlying Currency Pair directly Market risk The investment return of Currency-Linked Capital Protected Investment Deposit is linked to the exchange rate of the Underlying Currency Pair Movements in exchange rates can be unpredictable sudden and drastic and affected by complex political and economic factors Liquidity risk Currency-Linked Capital Protected Investment Deposit is designed to be held till maturity The Bank may at its absolute discretion refuse to consent to any withdrawaltermination request before maturity Credit risk of the Bank Currency-Linked Capital Protected Investment Deposit is not secured by any collateral When you invest in Currency-Linked Capital Protected Investment Deposit you will be relying on the Bankrsquos creditworthiness If the Bank becomes insolvent or defaults on its obligations under a Currency-Linked Capital Protected Investment Deposit you can only claim as an unsecured creditor of the Bank In the worst case you could suffer a total loss of your investment amount Currency risk Exchange rate fluctuates and sometimes drastically If the Deposit Currency used for investment is not the home currency customarily used by you and thus conversion is required you should note that you may make a gain or suffer a loss due to exchange rate fluctuations When the deposit currency depreciates the loss from depreciation may set-off or even exceed the ReturnCoupon (if any) that you may receive from investing in the Currency-Linked Capital Protected Investment Deposit Risk of adjustments or early termination by the Bank Certain terms and conditions (including some of the key dates) of Currency-Linked Capital Protected Investment Deposit can be adjusted by the Bank this might have a negative impact on the ReturnCoupon (if any) of the Currency-Linked Capital Protected Investment Deposit Concentration Risks You should avoid excessive investment (in terms of its proportion of the overall portfolio) in any single type of investment so as to avoid the investment portfolio being over-exposed to any particular investment risk ReturnCoupon of Currency-Linked Capital Protected Investment Deposit In order to provide capital protection the investment strategy adopted for Currency-Linked Capital Protected Investment Deposit may lead to a dilution of performance when compared to non-capital protected products investing in similar markets You should be prepared to take the risks of earning a lower ReturnCoupon (if any) on the capital invested and losing the interest that might otherwise earned on money invested by way of deposits For Currency-Linked Capital Protected Investment Deposit (with potential multi-coupon) periodic Coupon may be payable to you For other types of Currency-Linked Capital Protected Investment Deposit no periodic ReturnCoupon will be payable to you prior to maturity Principal protection at maturity only You should understand that the Principal of the Currency-Linked Capital Protected Investment Deposit is capital-protected only when it is held to maturity If the Bank allows you to early withdrawterminate the Currency-Linked Capital Protected Investment Deposit with written consent the amount received by you upon early withdrawaltermination may be less than the amount initially invested by you Market Risks associated with Potential ReturnCoupon Apart from the ReturnCoupon calculated at the Minimum ReturnCoupon Rate (which may be set at zero) there is no guarantee of any ReturnCoupon calculated at the Potential ReturnCoupon Rate For Currency-Linked Capital Protected Investment Deposit (with potential multi-coupon) Coupon (if any) is payable only if the Currency-Linked Capital Protected Investment Deposit is held till the relevant Coupon Distribution Dates ReturnCoupon (if any) of Currency-Linked Capital Protected Investment Deposit depends on the market conditions at the time of the relevant determination Investment return on foreign exchange-linked products are dependent on the prices of inter-banksrsquo transactions on the linked exchange rate in the foreign exchange markets You should be fully aware of the risks relating to fluctuations in the linked exchange rates Factors affecting the performance of foreign exchange markets are numerous including but are not limited to changes in global and local investment sentiments interest rate policies fund flows political environment economic environment business and social conditions in the local marketplace If the market trend is different from the view taken by you there is an inherent risk that the total investment return that you may receive from Currency-Linked Capital Protected Investment Deposit will be less than the interest that would have been payable on a time deposit for the same tenor There is also an inherent risk that no ReturnCoupon calculated at the Potential ReturnCoupon Rate will be payable to you in respect of the Currency-Linked Capital Protected Investment Deposit Early WithdrawalTermination Risks Early withdrawaltermination by you is not allowed for Currency-Linked Capital Protected Investment Deposit and the capital of you will be invested in the Currency-Linked Capital Protected Investment Deposit for the entire investment period The Bank may at its absolute discretion refuse to give consent to any early withdrawaltermination request If the Bank allows you to early withdrawterminate the Currency-Linked Capital Protected Investment Deposit with written consent the Bank shall be entitled to deduct from the Principal of the relevant Currency-Linked Capital Protected Investment Deposit andor any other amount which may have accrued to you any expenses costs or damages to the Bank Damages may include any costs expenses liability or losses to the Bank as a result of the early withdrawaltermination by you Therefore there is no guarantee that you will be able to receive the Principal and the amount payable to you at early withdrawaltermination may be less than the Principal initially invested Besides If the Currency-Linked Capital Protected Investment Deposit is early withdrawnterminated you will no longer be entitled to any ReturnCoupon of the Currency-Linked Capital Protected Investment Deposit Risks associated with unsuccessful subscriptions of Currency-Linked Capital Protected Investment Deposit The Bank reserves the absolute right to approve any application and to decline any application received (whether in whole or any part thereof) before the Deposit Start Date In the event of non-acceptance a notification will be sent by the Bank and any subscription funds

Page 3 of 67

received will be returned to you after the Deposit Start Date or as soon as practicable Risks relating to Renminbi If Currency-Linked Capital Protected Investment Deposit involves CNY the relevant exchange rate(s) or level(s) of the relevant currency pair will be quoted in offshore Renminbi against alternate currency While both onshore Renminbi and offshore Renminbi are the same currency they are traded in different and separate markets operating under different regulations and independent liquidity pool Onshore Renminbi and offshore Renminbi are currently quoted in different markets with different exchange rates whereby their exchange rate movements may not be in the same direction or magnitude The offshore Renminbi exchange rate may deviate significantly from the onshore Renminbi exchange rate You should also note that Renminbi is currently not freely convertible the value of Renminbi against other foreign currencies fluctuates and will be affected by amongst other things the PRC governmentrsquos control (for example the PRC government regulates conversion between Renminbi and foreign currencies) which may adversely affect your investment return under the Currency-Linked Capital Protected Investment Deposit when you convert CNY into your home currency Renminbi is subject to foreign exchange control by the PRC government and thus investors investing in Currency-Linked Investment Deposit involving Renminbi are subject to the currency risk of Renminbi

What are the key features bull This product is designed for you whose investment objective is capital protection or to obtain potential cash income bull This product is embedded with options You will buy option(s) on the Linked Currency Pair bull 100 principal protection if this product is held to maturity bull You can choose the Deposit Currency including HKD USD AUD GBP EUR JPY CAD CHF NZD and CNY and Linked Currency

Pair including AUDUSD GBPUSD EURUSD USDJPY USDCAD USDCHF NZDUSD and USDCNH bull The Deposit Period of this product is 2 months or above bull You will have a chance to receive higher potential return depending on the movement of the exchange rate of the Underlying Currency

Pair during the Observation Period bull The Guaranteed Principal and Return at maturity (if any) will be settled in the Deposit Currency bull The Bank pre-sets the Trigger Level and Observation Period and you choose a bullish or bearish view on different currencies bull During the whole Observation Period the exchange rate of the Underlying Currency Pair is compared with the Trigger Level to determine

the Return at maturity bull Returns (if any) on this product is payable only upon maturity bull This product may not be withdrawnterminated by you before the maturity date without the approval in writing of the Bank Please refer

to the section Can you request for early termination before maturity below

Scenario analysis (All figures shown below including the exchange rate of AUDUSD and HKDCNH Potential Return Rate Minimum Return Rate Deposit Period etc are for illustration only You should not rely on the figures below as any indication or guarantee on the expected interest amount of the Currency-Linked Capital Protected Investment Deposit you intend to invest Please refer to the Bank for up-to-date figures) Example 1 ndash American Bullish (where the Deposit Currency is your home currency) Assuming HKD is your home currency and you take a bullish view on Australian Dollar expect the exchange rate of AUDUSD will rise from 09400 to 09800 or above during the 6-month period and set up an American Bullish Investment with HKD 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair Type of investment American Bullish on AUD (AUDUSD) Principal Guarantee 100 Deposit Currency HKD Guaranteed Principal HKD 100000 Deposit Period 6 months Trigger Level AUDUSD 09800 Potential Return Rate 016 (around 032 pa) Minimum Return Rate 0015 (around 003 pa) Scenario I Best case scenario At any time during the Observation Period the Exchange Rate of AUDUSD is at or above the Trigger Level (ie at or above 09800) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = HKD 100000 x (1+016) = HKD 10016000 (with a gain of 016 of investment amount) Scenario II Worst case scenario At any time during the Observation Period the Exchange Rate of AUDUSD stays below the Trigger Level (ie stays below 09800) you will receive Guaranteed Principal and Minimum Return at maturity Total Return at Maturity = HKD 100000 x (1+0015)

Page 4 of 67

= HKD 10001500 (with a gain of 0015 of investment amount)

Scenario III The Bank becomes insolvent or defaults on its obligations Assuming that the Bank becomes insolvent during the tenor of this product or defaults on its obligations under this product you can only claim as its unsecured creditor You may get nothing back and suffer a total loss of your investment amount For reference only if you set up a HKD 100000 6-month Time Deposit on 30 April 2015 the annual interest rate would be 005 and the principal and interest received at maturity would be HKD 10002500 Example 2 ndash American Bearish (where the Deposit Currency is your home currency) Assuming HKD is your home currency and you take a bearish view on Australian Dollar expect the exchange rate of AUDUSD will drop from 09400 to 09000 or below during the 6-month period and set up an American Bearish Investment with HKD 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair Type of investment American Bearish on AUD (AUDUSD) Principal Guarantee 100 Deposit Currency HKD Guaranteed Principal HKD 100000 Deposit Period 6 months Trigger Level AUDUSD 09000 Potential Return Rate 016 (around 032 pa) Minimum Return Rate 0015 (around 003 pa) Scenario I Best case scenario At any time during the Observation Period the Exchange Rate of AUDUSD is at or below the Trigger Level (ie at or below 09000) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = HKD 100000 x (1+016) = HKD 10016000 (with a gain of 016 of investment amount) Scenario II Worst case scenario At any time during the Observation Period the Exchange Rate of AUDUSD stays above the Trigger Level (ie stays above 09000) you will receive Guaranteed Principal and Minimum Return at maturity Total Return at Maturity = HKD 100000 x (1+0015) = HKD 10001500

(with a gain of 0015 of investment amount) Scenario III The Bank becomes insolvent or defaults on its obligations Assuming that the Bank becomes insolvent during the tenor of this product or defaults on its obligations under this product you can only claim as its unsecured creditor You may get nothing back and suffer a total loss of your investment amount

09800 0

Exchange Rate of AUDUSD lt Trigger Level

Potential Return Minimum Return

Return Diagram Return at Maturity

Exchange Rate of AUDUSD ge Trigger Level

Exchange Rate of AUDUSD during the Observation Period

Trigger Level = 09800

09000 0

Exchange Rate of AUDUSD le

Trigger Level


Return Diagram

Return at Maturity

Exchange Rate of AUDUSD gt Trigger Level



Page 5 of 67

For reference only if you set up a HKD 100000 6-month Time Deposit on 30 April 2015 the annual interest rate would be 005 and the principal and interest received at maturity would be HKD 10002500 Example 3 ndash American Bullish (where the Deposit Currency is not your home currency) Assuming the Deposit Currency is not your home currency and HKD is your home currency and you take a bullish view on Australian Dollar expect the exchange rate of AUDUSD will rise from 09400 to 09800 or above during the 6-month period and set up an American Bullish Investment with CNY 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair

Type of investment American Bullish on AUD (AUDUSD) Principal Guarantee 100 Deposit Currency CNY Guaranteed Principal CNY 100000 Deposit Period 6 months Trigger Level AUDUSD 09800 Potential Return Rate 300 (around 600 pa) Minimum Return Rate 150 (around 300 pa) HKDCNH (on deposit start date) 08000 Scenario I Best case scenario At any time during the Observation Period (assuming the exchange rate of HKDCNH remains unchanged) the Exchange Rate of AUDUSD is at or above the Trigger Level (ie at or above 09800) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = CNY 100000 x (1+300) = CNY 10300000 (with a gain of 300 of investment amount) Scenario II Middle-of-the-road Gain scenario At any time during the Observation Period (assuming the exchange rate of HKDCNH remains unchanged) the Exchange Rate of AUDUSD stays below the Trigger Level (ie stays below 09800) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000

(with a gain of 150 of investment amount)

Scenario III Off-setting scenario At any time during the Observation Period the Exchange Rate of AUDUSD stays below the Trigger Level (ie stays below 09800) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a mild depreciation against HKD at maturity and the HKDCNH is 08120 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss will off-set the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08120 = CNY 101500 08120 = HKD 12500000 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY 100000 08000 = HKD 12500000 Gain(Loss) in home currency HKD 000 Scenario IV Loss and Worst case scenario At any time during the Observation Period the Exchange Rate of AUDUSD stays below the Trigger Level (ie stays below 09800) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a significant depreciation against HKD at maturity and the HKDCNH is 08200 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss exceeds the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08200 = CNY 101500 08200 = HKD 12378049 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY 100000 08000 = HKD 12500000 Gain(Loss) in home currency HKD (121951)

Page 6 of 67

In the worst case scenario if HKDCNH rises drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) you will suffer almost total loss in HKD due to depreciation of Renminbi Scenario V The Bank becomes insolvent or defaults on its obligations Assuming that the Bank becomes insolvent during the tenor of this product or defaults on its obligations under this product you can only claim as its unsecured creditor You may get nothing back and suffer a total loss of your investment amount For reference only if you set up a CNY 100000 6-month Time Deposit on 30 April 2015 the annual interest rate would be 060 and the principal and interest received at maturity would be CNY 10030000 If the Deposit Currency is not your home currency your gain or loss will also be affected by the fluctuation of the exchange rate between the Deposit Currency and your home currency If the Deposit Currency has depreciated against your home currency the loss arising from such depreciation may offset or even exceed any potential gain from investing in this product In the worst case scenario if HKDCNH rises drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) you will suffer almost total loss in HKD due to depreciation of Renminbi Please refer to the table below for details

^ The exchange rate of HKDCNH where you will breakeven when you convert your Total Return from Renminbi to home

currency (HKD) in the event that you receive Minimum Return on the Maturity Date The exchange rate of HKDCNH where you will breakeven when you convert your Total Return from Renminbi to home

currency (HKD) in the event that you receive Potential Return on the Maturity Date If HKDCNH rise drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) the exchange

rate of HKDCNH where you will lose almost all of your investment amount when you convert your Total Return from

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)

At the beginning of the investment On the Maturity Date of the investment

Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD

Gain (loss) in HKD if converting the

Total Return from Renminbi to home

currency (HKD)

103000 101500 12500000 10000008000

09800 0







07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return

Gain (loss) in HKD if converting the Total Return from Renminbi to HKD at Maturity

Potential Return

Exchange Rate of HKDCNH on the Maturity Date

If receiving Minimum Return

Breakeven = 08120^

If receiving Potential Return

Breakeven = 08240

Exchange Rate on Deposit Start Date

0

If CNH depreciates drastically relative to HKD

HKDCNH = 9999990000

Page 7 of 67

Renminbi to home currency (HKD) on the Maturity Date Example 4 ndash American Bearish (where the Deposit Currency is not your home currency) Assuming the Deposit Currency is not your home currency and HKD is your home currency and you take a bearish view on Australian Dollar expect the exchange rate of AUDUSD will drop from 09400 to 09000 or below during the 6-month period and set up an American Bearish Investment with CNY 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair

Type of investment American Bearish on AUD (AUDUSD) Principal Guarantee 100 Deposit Currency CNY Guaranteed Principal CNY 100000 Deposit Period 6 months Trigger Level AUDUSD 09000 Potential Return Rate 300 (around 600 pa) Minimum Return Rate 150 (around 300 pa) HKDCNH (on deposit start date) 08000 Scenario I Best case scenario At any time during the Observation Period (assuming the exchange rate of HKDCNH remains unchanged) the Exchange Rate of AUDUSD is at or below the Trigger Level (ie at or below 09000) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = CNY 100000 x (1+300) = CNY 10300000 (with a gain of 300 of investment amount) Scenario II Middle-of-the-road Gain scenario At any time during the Observation Period (assuming the exchange rate of HKDCNH remains unchanged) the Exchange Rate of AUDUSD stays above the Trigger Level (ie stays above 09000) you will receive Guaranteed Principal and Minimum Return at maturity Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000

(with a gain of 150 of investment amount) Scenario III Off-setting scenario At any time during the Observation Period the Exchange Rate of AUDUSD stays above the Trigger Level (ie stays above 09000) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a mild depreciation against HKD at maturity and the HKDCNH is 08120 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss will off-set the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08120 = CNY 101500 08120 = HKD 12500000 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY 100000 08000 = HKD 12500000 Gain(Loss) in home currency HKD 000 Scenario IV Loss and Worst case scenario At any time during the Observation Period the Exchange Rate of AUDUSD stays above the Trigger Level (ie stays above 09000) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a significant depreciation against HKD at maturity and the HKDCNH is 08200 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss exceeds the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08200 = CNY 101500 08200 = HKD 12378049 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY 100000 08000 = HKD 12500000 Gain(Loss) in home currency HKD (121951)

Page 8 of 67



currency (HKD) at Maturity in the event that you receive Minimum Return on the Maturity Date The exchange rate of HKDCNH where you will breakeven when you convert your Total Return from Renminbi to home

currency (HKD) at Maturity in the event that you receive Potential Return on the Maturity Date If HKDCNH rise drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) the exchange

rate of HKDCNH where you will lose almost all of your investment amount when you convert your Total Return from Renminbi to home currency (HKD) on the Maturity Date

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09000 0


Trigger Level


Return Diagram

Return at Maturity




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


If CNH depreciates drastically relatively to HKD HKDCNH = 9999990000

Page 9 of 67

How can you buy this product bull You can place a Currency-Linked Capital Protected Investment Deposit through our Hang Seng Bank Branches telephone or Hang

Seng Personal or Business e-Banking bull The Bank will provide a choice of different tranches which is subject to market conditions bull Enquiry Hotline Personal 2822 0228 Business 2198 8000

Fees and charges No handling fees or management fees will be charged for Currency-Linked Capital Protected Investment Deposit

Can you request for early termination before maturity No Currency-Linked Capital Protected Investment Deposit may not be withdrawnterminated by you before the maturity date without the approval in writing of the Bank which may be granted or withheld in the Bankrsquos sole and absolute discretion on such terms and conditions as the Bank may determine Please refer to ldquoEarly WithdrawalTermination Risksrdquo under ldquoWhat are the key risks of Currency-Linked Capital Protected Investment Depositrdquo section for details

Pre-Investment Cooling-off Period for retail customers Pre-Investment Cooling-off Period (PICOP) is applicable to each particular dealing of this product if you are one of the following retail customer types

(1) An elderly customer aged 65 or above unless you are not a first-time buyer of currency-linked structured investment products AND your asset concentration is below 20 AND you opt out from the PICOP arrangement or

(2) A non-elderly customer who is a first time buyer of currency-linked structured investment products AND your asset concentration

is 20 or above

For the purpose of determining whether PICOP is applicable asset concentration refers to the percentage of total net worth (excluding real estate properties) to be invested in this product

Can the Bank adjust the terms or early terminate this product Certain terms and conditions (including some of the key dates) of Currency-Linked Capital Protected Investment Deposit can be adjusted by the Bank in certain circumstances Please refer to Clause 7 of the Currency-Linked Capital Protected Investment Deposit Terms and Conditions for details

Offering documents for this product The following documents for this product (ldquoOffering Documentsrdquo) contain detailed information about the Bank and the terms of this product You should read and understand all of the Offering Documents before deciding whether to invest in this product

(i) Currency-Linked Capital Protected Investment Deposit Terms and Conditions (ii) The relevant Currency-Linked Capital Protected Investment Deposit Termsheet (iii) This Currency-Linked Capital Protected Investment Deposit Important Facts Statement

Other information Product Risk Level The Product Risk Level for Currency-Linked Capital Protected Investment Deposit is Low

Low Low-to-Medium Medium Medium-to-High High

Product Risk Level is determined by a number of factors which include the volatility of the currency pair and the tenor of the product The Product Risk Level is subject to the Banks periodic review and may change from time to time Please refer to our branch or our Customer Service Hotline on 2822 0228 for the latest detail

Declaration and Remarks bull This Important Facts Statement is not intended to provide or regard as legal or taxation advice or investment recommendations If you

have any concerns about this product or are uncertain about the suitability of this product for you you should obtain independent professional advice

bull The liabilities of the Bank in respect of the Currency-Linked Capital Protected Investment Deposit are limited exclusively to an office of the Bank in Hong Kong and instructions in respect of the Currency-Linked Capital Protected Investment Deposit may only be made to and acted upon by such office Any amount relating to the Currency-Linked Capital Protected Investment Deposit is payable exclusively by an office of the Bank in Hong Kong and in its stated currency The Terms and Conditions of the Currency-Linked Capital Protected Investment Deposit are governed by and shall be construed in accordance with the laws of Hong Kong

bull You may contact our staff if you have any feedback or complaint in relation to our services or call our hotline at 2822 0228 We will respond to you within a reasonable period of time normally not exceeding 30 days in general circumstances You may contact the Hong Kong Monetary Authority at 55th Floor Two International Finance Centre 8 Finance Street Central Hong Kong if you are not satisfied with our handling of your complaint

bull Hang Seng Bank Limited is a Registered Licensed Bank under the Banking Ordinance bull All Currency-Linked Capital Protected Investment Deposit cannot be cancelled after subscription bull The Bank will act as principal to complete the transaction and may obtain certain monetary benefits in connection with the offering of

this Currency-Linked Capital Protected Investment Deposit to the public The current remuneration system that the Bank adopts for

Page 10 of 67

sales staff is a measurement of the staffrsquos overall performance and not just based on sales amount bull The Bank is NOT an independent intermediary because

The Bank receives fees commissions or other monetary benefits from other parties in relation to the Bankrsquos distribution of Currency-Linked Capital Protected Investment Deposit to you For details you should refer to the Bankrsquos disclosure on monetary benefits which the Bank is required to deliver to you prior to or at the point of entering into any transaction in Currency-Linked Capital Protected Investment Deposit

bull Please note that this product is not available for persons who are located within the United States are nationals of the United States and are US Persons within the meaning of Regulation S under the Securities Act (which includes any person resident in the United States and any partnership or corporation organised or incorporated under the laws of the United States)

Page 11 of 67

外滙掛鈎保本投資存款

美式（看好看淡）投資

2018 年 5 月

重要資料概要

此乃結構性投資產品不受香港的存款保障計劃所保障

本概要的內容未經香港任何監管機構審閱閣下在投資本產品前應審慎行事本概要為本產品銷售文件的一部分閣下不應單憑本概要投資於

本產品閣下如有任何疑問應徵詢獨立專業意見

倘若中文並非閣下屬意的語言閣下可向本行的銷售人員索取本概要的英文版本If Chinese is not your preferred language you may request

for the English version of this statement from our sales staff

此乃涉及衍生工具的結構性投資產品投資決定是由閣下自行作出的但閣下不應投資於本產品除非中介人於銷售本產品時已向閣下解釋經考慮閣下的財政狀況投資經驗及目標後本產品是適合閣下的

資料便覽

銀行恒生銀行有限公司

產品類別貨幣掛鈎投資存款 ndash 美式看好看淡投資 (「本產品」)

最低投資額經分行認購 - 港元100000（或其等值）

經網上銀行認購 - 港元50000（或其等值）

投資期 2個月或以上或於閣下與本行進行交易時協定之任何其他投資期

可供選擇的本金貨幣（或存款貨幣）港元美元澳元英鎊歐羅日圓加元瑞士法郎紐元及人民幣

可供選擇的掛鈎貨幣組合澳元美元英鎊美元歐羅美元美元日圓美元加元美元瑞士法

郎紐元美元美元離岸人民幣及於閣下與本行進行交易時協定之其他貨幣組合

回報率就每單交易而異於有關條款表列明或於閣下與本行進行交易時協定

存款期付款日存款期請參考「本產品」之存款投資期及回報只會於到期日支付

到期時本金保障有

可由銀行提早贖回不可

客戶提早終止權利沒有詳情請參閲「外滙掛鈎保本投資存款有哪些主要風險」ndash「提前提取終止之風

險」一欄

內含衍生工具有閣下購買掛鈎貨幣組合的期權

最高潛在收益就每單交易而異於有關條款表列明或於閣下與銀行進行交易時協定

最大潛在虧損詳情請參閲此產品類別「情況分析」一欄例子1及2之情況2及3 以及例子3及4的情況4及5

本產品是甚麽產品及如何運作

bull 美式看好看淡投資是本行其中一種「外滙掛鈎保本投資存款」其中包含（以存款貨幣作出的）定期存款及購買閣下所選擇之掛鈎貨幣組合

的期權

bull 閣下選擇適合自己需要之存款貨幣及掛鈎貨幣組合和觀察期及由銀行設定觸發滙率

bull 於整個觀察期銀行將比較掛鈎貨幣組合之滙率及觸發滙率如掛鈎貨幣組合滙率之走勢如閣下預期閣下將獲取保證本金及潛在回報

如掛鈎貨幣組合滙率之走勢與閣下預期相反閣下將獲取保證本金及最低回報（如適用）

bull 到期時所獲取之保證本金及回報（如有）以存款貨幣結算

最低回報只限於個別投資存款閣下應詳細參閱有關條款表

Page 12 of 67

外滙掛鈎保本投資存款有哪些主要風險

「外滙掛鈎保本投資存款」之收益只限於回報派息（如有）閣下於作出任何投資決定前應考慮下列風險及參閱有關條款表及章則所載之所

有其他資料

並非定期存款

「外滙掛鈎保本投資存款」並不等同亦不應被視為定期存款或其代替品其並非受保障存款不受香港的存款保障計劃所保障

衍生工具風險

「外滙掛鈎保本投資存款」內含外滙期權期權交易涉及風險就算是購買期權如市場走勢與閣下預期相反該期權有機會變得無價值

潛在收益有限

最高潛在收益限於以協定之潛在回報率派息率所計算之回報派息

有別於買入掛鈎貨幣組合

投資於「外滙掛鈎保本投資存款」有別於直接買入掛鈎貨幣組合

市場風險

「外滙掛鈎保本投資存款」的投資回報與掛鈎貨幣組合的滙率掛鈎滙率的變動可能出乎預料突如其來而且幅度龐大並受複雜的政治及經

濟因素影響

流通性風險

「外滙掛鈎保本投資存款」乃為持有至到期而設銀行可能會按其絕對酌情權拒絕同意於到期前提出的任何提取終止要求

銀行的信貸風險

「外滙掛鈎保本投資存款」並無以任何抵押品作抵押當閣下購買「外滙掛鈎保本投資存款」閣下將承擔銀行的信貸風險如銀行對「外滙

掛鈎保本投資存款」無力償債或未能履行其於「外滙掛鈎保本投資存款」下的責任閣下只可以銀行的無抵押債權人身份提出申索在最壞情

況下閣下可能損失閣下的全部投資金額

貨幣風險

滙率會不時變動且有時會大幅波動如用作投資之存款貨幣並不是閣下常用的本土貨幣而需要將其兌換則閣下可能因滙率波動而獲得收益或

招致虧損於存款貨幣下跌的情況下有關損失可能會抵銷或超過閣下投資於「外滙掛鈎保本投資存款」可能獲得之回報派息(如有)

銀行作出調整或提早終止的風險

銀行有權在若干情況下調整「外滙掛鈎保本投資存款」的若干條款及細則（包括部分主要日期）此有可能對「外滙掛鈎保本投資存款」的回

報派息(如有)有不利影響

集中投資的風險

閣下應避免過度投資於任何一類投資產品（以該項投資佔整個投資組合之比例計）以避免投資組合過度受某一種投資風險所影響

「外滙掛鈎保本投資存款」的回報派息

相對投資於同類市場的非保本産品「外滙掛鈎保本投資存款」爲提供保證而採取的投資策略可能局限其投資表現閣下必須準備承受就所投

入資金收取較低回報派息(如有)及可能會失去通過其他存款形式所能賺取的利息的風險就「外滙掛鈎保本投資存款」(設有潛在多重派息)

而言閣下將可能獲得週期性派息就其他種類之「外滙掛鈎保本投資存款」而言閣下於到期前將不會獲得週期性派息

僅於到期時屬保本

閣下應明瞭「外滙掛鈎保本投資存款」只保證到期保本閣下若經本行書面批准而於到期前提取終止「外滙掛鈎保本投資存款」閣下在提

前提取終止時所得之金額可能低於閣下起初投資之金額

影響「潛在回報」「潛在派息」的市場風險

除以最低回報率最低派息率（可以設為零）所計算之回報派息外任何以潛在回報率潛在派息率所計算之回報派息概無保證就「外滙掛鈎

保本投資存款」(設有潛在多重派息)而言派息（如有）只適用於相關派息日仍持有之「外滙掛鈎保本投資存款」「外滙掛鈎保本投資存款」

的回報派息（如有）取決於有關釐定時間的市況外滙掛鈎産品的投資回報取決於外滙市場銀行間掛鈎滙率的交易價格閣下應當充分認識到

掛鈎滙率波動的風險影響外滙市場的表現的因素有許多包括但不限於全球及本地市場的投資氣氛利率政策資金流動政治環境經濟

環境商業及社會狀況的轉變等如市況走勢與閣下的看法不一致閣下於「外滙掛鈎保本投資存款」獲得的總投資回報可能會少於相同投資

期之定期存款所提供之派息閣下亦會面對不能就「外滙掛鈎保本投資存款」取得任何以潛在回報率潛在派息率計算之回報派息之風險

提前提取終止之風險

「外滙掛鈎保本投資存款」不設提前提取終止閣下的資金於整個投資期內將投資於「外滙掛鈎保本投資存款」銀行有絕對自主權決定拒

絕閣下提前提取終止的要求閣下若經銀行書面批准而於到期日前提取終止「外滙掛鈎保本投資存款」則銀行有權自有關「外滙掛鈎保

本投資存款」之本金及或其他就「外滙掛鈎保本投資存款」應付閣下的款項（如有）中扣除任何支出損失和賠償數額賠償額包括因閣下

提前提取終止「外滙掛鈎保本投資存款」導致本行所産生或遭致的成本費用責任或損失因此閣下在提前提取終止時將不獲保證可

取回本金若閣下提前提取終止「外滙掛鈎保本投資存款」將不會再享有「外滙掛鈎保本投資存款」的回報派息

未能成功認購「外滙掛鈎保本投資存款」之風險

銀行享有批核申請之全部權利並可於「外滙掛鈎保本投資存款」之存款首日前拒絕接受整項或部份「外滙掛鈎保本投資存款」的申請倘若

銀行不接受有關申請銀行將會在存款首日後或其他實際可行情況下儘快通知閣下退還任何已收取的認購本金

Page 13 of 67

有關人民幣的風險

如「外滙掛鈎保本投資存款」涉及人民幣有關貨幣組合之滙率或水平將以離岸人民幣與另一貨幣之匯率作報價儘管在岸人民幣與離岸人民幣

為相同貨幣惟在岸及離岸人民幣根據不同規例及獨立流動資金儲備於不同及獨立市場買賣在岸及離岸人民幣現時於不同市場報價匯率亦

各異故彼等的匯率變動方向或幅度可能不相同離岸人民幣匯率可能大幅偏離在岸人民幣匯率另謹請閣下注意人民幣現時並非可自由兌換

貨幣人民幣兌其他外幣的價值會有波動並將受（其中包括）中華人民共和國政府的管制（例如中華人民共和國政府規管人民幣與外幣之間

的兌換）所影響而有關管制可能會在閣下將離岸人民幣兌換為閣下的本土貨幣時對閣下於「外滙掛鈎保本投資存款」的投資回報有不利影響

投資者須注意人民幣受限於中華人民共和國政府的外匯管制故投資者投資於涉及人民幣的「外滙掛鈎保本投資存款」將要承受人民幣的貨幣

風險

本產品有哪些主要特點

bull 「本產品」是為投資目標為保本或要求獲取潛在現金收益之閣下而設計 bull 「本產品」内含衍生工具閣下購買掛鈎貨幣的期權 bull 持有「本產品」至到期日可獲取回100本金保證 bull 閣下自由選擇存款貨幣包括港元美元澳元英鎊歐羅日圓加元瑞士法郎紐元及人民幣及掛鈎貨幣組合包括澳元美元英

鎊美元歐羅美元美元日圓美元加元美元瑞士法郎紐元美元及美元離岸人民幣 bull 「本產品」的存款投資期為2個月或以上 bull 根據掛鈎貨幣組合之滙率於觀察期之表現閣下有機會獲享較高之潛在回報 bull 到期時所獲取之保證本金及回報（如有）以存款貨幣結算 bull 銀行預先設定觸發滙率及觀察期及閣下可選擇看好或看淡不同貨幣之走勢 bull 於整個觀察期比較掛鈎貨幣組合之滙率及觸發滙率以決定到期之回報 bull 本產品之回報（如有）將於到期時支付 bull 未得銀行書面批准閣下不得於到期日前提取終止「本產品」詳情請參閲以下「閣下可否於到期前要求提早終止」一欄

情況分析

（以下所有數字包括澳元美元及港元離岸人民幣之滙率潛在回報率最低回報率及存款投資期等僅作舉例説明之用閣下不應依賴以

下數字作為向閣下有意投資的「外滙掛鈎保本投資存款」作出任何預期回報金額的表示或保證有關最新數字請向銀行查詢）

例子1 ndash 美式看好（當存款貨幣是閣下的本土貨幣）

假設港元是閣下的本土貨幣及閣下看好澳元預期澳元美元滙率將在6個月内由09400上升至09800或以上及以本金港元 100000設立6

個月美式看好投資並選擇澳元美元為掛鈎貨幣組合

投資種類美式看好澳元（澳元美元）

本金保證比率 100

存款貨幣港元

保證本金港元100000

存款投資期 6個月

觸發滙率澳元美元 09800

潛在回報率 016（年利率約為032）

最低回報率 0015（年利率約為003）

情況1最佳情況

於觀察期内任何時間澳元美元之滙率曾升至觸發滙率或以上（即在09800或以上）閣下到期時可獲取保證本金及潛在回報

到期時可獲取之總回報

= 港元100000 x (1+016)

= 港元10016000

（獲利為投資金額之016）

情況2最差情況

於觀察期内任何時間澳元美元之滙率一直低於觸發滙率（即一直低於 09800）閣下到期時可獲取保證本金及最低回報


= 港元 100000 x (1+0015)

= 港元 10001500


Page 14 of 67

情況3銀行無力償債或未能履行其責任

假設本行於本產品投資期內無力償債或未能履行其於本產品下的責任閣下只可以其無抵押債權人身份提出申索閣下可能會一無所獲並損

失閣下全部投資金額

僅供參考用途若在2015年4月30日以港元 100000開立6個月定期存款年利率為005到期時可收取本息為港元 10002500

例子2 ndash 美式看淡（當存款貨幣是閣下的本土貨幣）

假設港元是閣下的本土貨幣及閣下看淡澳元預期澳元美元滙率將在6個月内由09400下跌至09000或以下及以本金港元 100000設立6

個月美式看淡投資並選擇澳元美元為掛鈎貨幣組合

投資種類美式看淡澳元（澳元美元）


存款貨幣港元

保證本金港元 100000





情況1最佳情況

於觀察期内任何時間澳元美元之滙率曾跌至觸發滙率或以下（即在09000或以下）閣下到期時可獲取保證本金及潛在回報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況

於觀察期内任何時間澳元美元之滙率一直高於觸發滙率（即一直高於 09000）閣下到期時可獲取保證本金及最低回報


= 港元 100000 x (1+0015)

= 港元 10001500






例子3 ndash 美式看好（當存款貨幣不是閣下的本土貨幣）

回報圖示

到期時之回報

0

澳元美元之滙率 lt 觸發滙率

潛在回報最低回報

澳元美元之滙率 ge 觸發滙率

觸發滙率 = 09800

09800 觀察期内澳元美元之滙率

回報圖示

到期時之回報

0

澳元美元之滙率 le 觸發滙率


澳元美元之滙率 gt 觸發滙率

觸發滙率 = 09000


Page 15 of 67

假設存款貨幣並非閣下之本土貨幣而閣下之本土貨幣為港元閣下看好澳元預期澳元美元滙率將在6個月後由09400上升至09800或以上

及以本金人民幣100000設立6個月美式看好投資並選擇澳元美元為掛鈎貨幣組合



存款貨幣人民幣

保證本金人民幣100000





港元離岸人民幣匯率 (於存款首日) 08000

情況1最佳情況

於觀察期内任何時間（假設港元離岸人民幣的匯率保持不變)澳元美元之滙率曾升至觸發滙率或以上（即在09800或以上）閣下到期時可

獲取保證本金及潛在回報


= 人民幣100000 x (1+300)

= 人民幣10300000


情況2中等有收益情況

於觀察期内任何時間（假設港元離岸人民幣的匯率保持不變)澳元美元之滙率一直低於觸發滙率（即一直低於 09800）閣下到期時可獲

取保證本金及最低回報(如適用)


= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況

於觀察期内任何時間澳元美元之滙率一直低於觸發滙率（即一直低於 09800）閣下到期時可獲取保證本金及最低回報(如適用)假設在到期時人民幣對港元輕微貶值而在到期日港元離岸人民幣滙率為08120閣下選擇把所得的人民幣總回報轉換成港元將會因人民幣貶值而承受虧損該潛在虧損將抵銷閣下從本產品所獲取的收益


= 人民幣 100000 x (1+150)

= 人民幣 10150000


當港元離岸人民幣之匯率貶值到 08120 於到期時轉換成港元可獲取之總回報

= 人民幣 101500 08120

= 港元 12500000

減去

存款首日之港元初始投資金額以港元離岸人民幣匯率 08000計算

= 人民幣 100000 08000

= 港元 12500000

以本土貨幣計算之收益（虧損）港元000

情況4虧損及最差情況

於觀察期内任何時間澳元美元之滙率一直低於觸發滙率（即一直低於 09800）閣下到期時可獲取保證本金及最低回報(如適用)假設在到期時人民幣對港元顯著貶值而在到期日港元離岸人民幣滙率為08200閣下選擇把所得的人民幣總回報轉換成港元將會因人民幣貶值而承受虧損該潛在虧損將超過閣下從本產品所獲取的收益


= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 16 of 67

= 人民幣 100000 08000

= 港元 12500000

以本土貨幣計算之收益（虧損）港元(121951)

在最差情況下如港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元大幅貶值及變成幾乎毫無價值）以港元計算閣下將可能因人民幣

貶值而遭受接近全部損失




僅供參考用途若在2015年4月30日以人民幣 100000開立6個月定期存款年利率為060到期時可收取本息為人民幣 10030000

如存款貨幣不是閣下之本土貨幣閣下之收益或虧損會因存款貨幣與本土貨幣之匯率波動而受影響如存款貨幣對本土貨幣之匯率貶值貶值

所帶來的虧損可能會抵銷或超過閣下於本產品之投資回報在最差情況下如港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元大幅

貶值及變成幾乎毫無價值）以港元計算閣下將可能因人民幣貶值而遭受接近全部損失詳情請參考下表

^ 在到期日若收取最低回報以人民幣計算之總回報轉換成本土貨幣(港元)達到打和水平之港元離岸人民幣匯率

在到期日若收取潛在回報以人民幣計算之總回報轉換成本土貨幣(港元)達到打和水平之港元離岸人民幣匯率

在到期日若港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元大幅貶值及變成幾乎毫無價值）閣下將人民幣計算之總回

報轉換成本土貨幣(港元) 時閣下可能損失接近全部投資金額之港元離岸人民幣匯率

例子4 ndash 美式看淡（當存款貨幣不是閣下的本土貨幣）

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報

於若以人民幣計算之總

回報轉換成本土貨幣(港

元)時之收益（虧損）

潛在回報

投資到期日之港元

離岸人民幣匯率 0

回報圖示

到期時之回報

0




觸發滙率 = 09800


若收取最低回報

打和水平 =

08120^

若收取潛在回報

打和水平 =

08240

存款首日之匯價

若離岸人民幣對港元大幅貶值

港元離岸人民幣 = 9999990000

Page 17 of 67

假設存款貨幣並非閣下之本土貨幣而閣下之本土貨幣為港元及閣下看淡澳元預期澳元美元滙率將在6個月内由09400下跌至09000或

以下及以本金港元 100000設立6個月美式看淡投資並選擇澳元美元為掛鈎貨幣組合




保證本金人民幣 100000



潛在回報率 300 （年利率約為 600）

最低回報率 150（年利率約為 300）


情況1最佳情況

於觀察期内任何時間（假設港元離岸人民幣的匯率保持不變)澳元美元之滙率曾跌至觸發滙率或以下（即在09000或以下）閣下到期時可



= 人民幣 100000 x (1+300)

= 人民幣 10300000



於觀察期内任何時間（假設港元離岸人民幣的匯率保持不變)澳元美元之滙率一直高於觸發滙率（即一直高於 09000）閣下到期時可獲



= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況

於觀察期内任何時間澳元美元之滙率一直高於觸發滙率（即一直高於 09000）閣下到期時可獲取保證本金及最低回報(如適用)若假設在到期時人民幣對港元輕微貶值而在到期日港元離岸人民幣滙率為08120閣下選擇把所得的人民幣總回報轉換成港元將會因人民幣貶值而承受虧損該潛在虧損將抵銷閣下從本產品所獲取的收益


= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000



於觀察期内任何時間澳元美元之滙率一直高於觸發滙率（即一直高於 09000）閣下到期時可獲取保證本金及最低回報(如適用)若假設在到期時人民幣對港元顯著貶值而在到期日港元離岸人民幣滙率為08200閣下選擇把所得的人民幣總回報轉換成港元將會因人民幣貶值而承受虧損該潛在虧損將超過閣下從本產品所獲取的收益


= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 18 of 67

= 人民幣 100000 08000

= 港元 12500000











^ 在到期日若收取最低回報及以人民幣計算之總回報轉換成本土貨幣(港元)達到打和水平之港元離岸人民幣匯率

在到期日若收取潛在回報及以人民幣計算之總回報轉換成本土貨幣(港元)達到打和水平之港元離岸人民幣匯率

在到期日若港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元大幅貶值及變成幾乎毫無價值）閣下將人民幣計算之總

回報轉換成本土貨幣 (港元) 時閣下可能損失接近全部投資金額之港元離岸人民幣匯率

回報圖示

到期時之回報

0




觸發滙率 = 09000


07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報

若以人民幣計算之總回

報轉換成本土貨幣(港


潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 19 of 67

閣下可如何買入本產品

bull 閣下可透過各恒生銀行分行電話及恒生個人或商業e-Banking辦理「外滙掛鈎保本投資存款」手續

bull 銀行將按市場情況提供不同投資種類供閣下選擇

bull 查詢熱綫個人客戶 2822 0228 商業客戶 2198 8000

費用及收費

「外滙掛鈎保本投資存款」不設手續費或管理費

閣下可否於到期前要求提早終止

不可未得銀行書面批准閣下不得於到期日前提取終止「外滙掛鈎保本投資存款」銀行有唯一和絕對酌情權根據銀行訂定之條件給予

或拒絕批准

請參閲本重要資料概要「外滙掛鈎保本投資存款有哪些主要風險」中「提前提取終止之風險」一欄了解詳情

零售客戶的落單冷靜期

如閣下屬以下任何一類的零售客戶則落單冷靜期（「冷靜期」）適用於本產品的每項交易

(1) 65歲或以上的長者客戶除非閣下並非首次購買貨幣掛鈎結構性投資產品及閣下的資產集中程度低於20及閣下選擇不需要冷靜期

安排或

(2) 首次購買貨幣掛鈎結構性投資產品的非長者客戶及閣下的資產集中程度達20或以上

就釐定冷靜期是否適用時資產集中程度指閣下將投資於本產品的款額佔其總資產淨值（不包括房地產）的百分比

本行可否調整條款或提早終止本產品

在若干情況下本行可以調整「外滙掛鈎保本投資存款」的若干條款及細則（包括部分主要日期）有關詳情請參閲「外滙掛鈎保本投資存款」

章則中的第7項細則

本產品的銷售文件

以下有關本產品的文件（「銷售文件」）載有關於本行以及本產品條款的詳細資料閣下在決定是否投資本產品前應閱讀及了解所有銷售文件

(i) 「外滙掛鈎保本投資存款」章則

(ii) 有關之「外滙掛鈎保本投資存款」條款表

(iii) 本「外滙掛鈎保本投資存款」重要資料概要

其他資料

產品風險程度

「外滙掛鈎保本投資存款」的產品風險程度為低風險

低低至中度中度中度至高高

產品風險程度由不同因素包括貨幣組合之波幅以及投資期之長短所定產品風險程度會依據銀行定期的檢討以作出修訂詳情請向分行或客

戶查詢熱綫 2822 0228 查詢

聲明及備註

bull 本重要資料概要不擬提供亦不應被視為或依賴為提供法律稅務的意見或投資建議如閣下對該產品交易或其合適性有任何疑問應諮詢

獨立專業意見

bull 銀行就「外滙掛鈎保本投資存款」之責任只限於由銀行設於香港之辦事處承擔且有關「外滙掛鈎保本投資存款」之指示只可向該辦事處作

出並由該辦事處執行有關「外滙掛鈎保本投資存款」之任何款項只限由銀行設於香港之辦事處以指定貨幣支付「外滙掛鈎保本投資存

款」之章則受香港法律所管轄並按香港法律詮釋

bull 閣下對銀行的服務如有任何意見或投訴可聯絡銀行職員或致電本行熱線2822 0228銀行在一般情況下會於合理時間（通常不超過三十

日）內回覆閣下的投訴如閣下對銀行就閣下投訴所作之處理仍有不滿可將有關事項提交香港金融管理局地址為香港中環金融街 8 號國際

金融中心二期 55 樓

bull 恒生銀行有限公司乃根據《銀行業條例》註冊之持牌銀行

bull 所有「外滙掛鈎保本投資存款」一經認購均不能取消

bull 銀行將以主事人身份完成交易及可能就向公眾發售此「外滙掛鈎保本投資存款」而獲得若干金錢收益而銀行目前所採用之銷售員工花紅制

度會以銷售員工多方面之表現計算並非只著重銷售金額

bull 本行並非獨立的中介人理由如下

本行有收取由其他人士就本行向閣下分銷投資「外滙掛鈎保本投資存款」而提供的費用佣金或其他金錢收益詳情請參閱本行按規定在

訂立任何投資「外滙掛鈎保本投資存款」交易前或在訂立任何投資「外滙掛鈎保本投資存款」交易時須向閣下提供的金錢收益披露

bull 請注意本行不提供本產品予身處美國的人士美國公民及美籍人士（定義見證券法 S 條例）（包括居住在美國之任何人士及根據美國法例組成

或註冊成立之任何合夥企業或公司）

Page 20 of 67


American Range Investment

Dated May 2018








Product Type Currency-Linked Investment Deposit ndash American Range Investment (ldquothis productrdquo)

Minimum Investment Amount Subscription through branches - HKD 100000 (or its equivalent) Subscription through e-banking - HKD 50000 (or its equivalent)



Available Underlying Currency Pair AUDUSD GBPUSD EURUSD USDJPY USDCAD USDCHF NZDUSD USDCNH and any other currency pairs as agreed between you and the Bank

Return Rate Varies as specified in the relevant termsheet or to be agreed between you and the Bank upon entering into a transaction

Deposit periodpayment date Deposit period refers to tenor of the product and return is payable only on Maturity Date



Early termination right by customer No please refer to ldquoWhat are the key risks of Currency-Linked Capital Protected Investment Depositrdquo section ndash Early WithdrawalTermination Risks for details


Maximum potential gain Varies as specified in the relevant termsheet or to be agreed between you and the Bank upon entering into a transaction

Maximum potential loss Please refer to Scenario II amp III of Example 1 and Scenarios IV and V of Example 2 in the ldquoScenario analysisrdquo section of this product type for details

What is this product and how does it work bull American Range investment is one type of our Currency-Linked Capital Protected Investment Deposit which consists of a time deposit

(in Deposit currency) and buying option(s) on the Underlying Currency Pair of your choice bull You choose the Deposit Currency Underlying Currency Pair and the Observation Period according to your need and the Bank will set the

Trading Range bull During the whole Observation Period the Bank will compare the exchange rate of the Underlying Currency Pair with the Trading Range

If the exchange rate of the Underlying Currency Pair moves along with your anticipation and stays within the Trading Range during the whole Observation Period you will receive Guaranteed Principal and Potential Return If the exchange rate of the Underlying Currency Pair moves against your anticipation and at anytime during the Observation Period the exchange rate of the Underlying Currency Pair is outside the Trading Range you will receive Guaranteed Principal and Minimum Return (if any)


Page 21 of 67

What are the key risks of Currency-Linked Capital Protected Investment Deposit Earnings on Currency-Linked Capital Protected Investment Deposit are limited to the Return Coupon (if any) payable You should consider the following risks and read all other information contained in the relevant Termsheet and Terms and Conditions before making any investment decision Not a time deposit Currency-Linked Capital Protected Investment Deposit is NOT equivalent to nor should it be treated as a substitute for time deposit It is NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong Derivatives risk Currency-Linked Capital Protected Investment Deposit is embedded with FX options Option transactions involve risks even when buying an option The optionrsquos value might become worthless if the market moves against your expectation Limited potential gain The maximum potential gain is limited to the pre-agreed ReturnCoupon calculated at the Potential ReturnCoupon Rate Not the same as buying the Underlying Currency Pair Investing in Currency-Linked Capital Protected Investment Deposit is not the same as buying the Underlying Currency Pair directly Market risk The investment return of Currency-Linked Capital Protected Investment Deposit is linked to the exchange rate of the Underlying Currency Pair Movements in exchange rates can be unpredictable sudden and drastic and affected by complex political and economic factors Liquidity risk Currency-Linked Capital Protected Investment Deposit is designed to be held till maturity The Bank may at its absolute discretion refuse to consent to any withdrawaltermination request before maturity Credit risk of the Bank Currency-Linked Capital Protected Investment Deposit is not secured by any collateral When you invest in Currency-Linked Capital Protected Investment Deposit you will be relying on the Bankrsquos creditworthiness If the Bank becomes insolvent or defaults on its obligations under a Currency-Linked Capital Protected Investment Deposit you can only claim as an unsecured creditor of the Bank In the worst case you could suffer a total loss of your investment amount Currency risk Exchange rate fluctuates and sometimes drastically If the Deposit Currency used for investment is not the home currency customarily used by you and thus conversion is required you should note that you may make a gain or suffer a loss due to exchange rate fluctuations When the deposit currency depreciates the loss from depreciation may set-off or even exceed the ReturnCoupon (if any) that you may receive from investing in the Currency-Linked Capital Protected Investment Deposit Risk of adjustments or early termination by the Bank Certain terms and conditions (including some of the key dates) of Currency-Linked Capital Protected Investment Deposit can be adjusted by the Bank this might have a negative impact on the ReturnCoupon (if any) of the Currency-Linked Capital Protected Investment Deposit Concentration Risks You should avoid excessive investment (in terms of its proportion of the overall portfolio) in any single type of investment so as to avoid the investment portfolio being over-exposed to any particular investment risk ReturnCoupon of Currency-Linked Capital Protected Investment Deposit In order to provide capital protection the investment strategy adopted for Currency-Linked Capital Protected Investment Deposit may lead to a dilution of performance when compared to non-capital protected products investing in similar markets You should be prepared to take the risks of earning a lower ReturnCoupon (if any) on the capital invested and losing the interest that might otherwise earned on money invested by way of deposits For Currency-Linked Capital Protected Investment Deposit (with potential multi-coupon) periodic Coupon may be payable to you For other types of Currency-Linked Capital Protected Investment Deposit no periodic ReturnCoupon will be payable to you prior to maturity Principal protection at maturity only You should understand that the Principal of the Currency-Linked Capital Protected Investment Deposit is capital-protected only when it is held to maturity If the Bank allows you to early withdrawterminate the Currency-Linked Capital Protected Investment Deposit with written consent the amount received by you upon early withdrawaltermination may be less than the amount initially invested by you Market Risks associated with Potential ReturnCoupon Apart from the ReturnCoupon calculated at the Minimum ReturnCoupon Rate (which may be set at zero) there is no guarantee of any ReturnCoupon calculated at the Potential ReturnCoupon Rate For Currency-Linked Capital Protected Investment Deposit (with potential multi-coupon) Coupon (if any) is payable only if the Currency-Linked Capital Protected Investment Deposit is held till the relevant Coupon Distribution Dates ReturnCoupon (if any) of Currency-Linked Capital Protected Investment Deposit depends on the market conditions at the time of the relevant determination Investment return on foreign exchange-linked products are dependent on the prices of inter-banksrsquo transactions on the linked exchange rate in the foreign exchange markets You should be fully aware of the risks relating to fluctuations in the linked exchange rates Factors affecting the performance of foreign exchange markets are numerous including but are not limited to changes in global and local investment sentiments interest rate policies fund flows political environment economic environment business and social conditions in the local marketplace If the market trend is different from the view taken by you there is an inherent risk that the total investment return that you may receive from Currency-Linked Capital Protected Investment Deposit will be less than the interest that would have been payable on a time deposit for the same tenor There is also an inherent risk that no ReturnCoupon calculated at the Potential ReturnCoupon Rate will be payable to you in respect of the Currency-Linked Capital Protected Investment Deposit

Page 22 of 67

Early WithdrawalTermination Risks Early withdrawaltermination by you is not allowed for Currency-Linked Capital Protected Investment Deposit and the capital of you will be invested in the Currency-Linked Capital Protected Investment Deposit for the entire investment period The Bank may at its absolute discretion refuse to give consent to any early withdrawaltermination request If the Bank allows you to early withdrawterminate the Currency-Linked Capital Protected Investment Deposit with written consent the Bank shall be entitled to deduct from the Principal of the relevant Currency-Linked Capital Protected Investment Deposit andor any other amount which may have accrued to you any expenses costs or damages to the Bank Damages may include any costs expenses liability or losses to the Bank as a result of the early withdrawaltermination by you Therefore there is no guarantee that you will be able to receive the Principal and the amount payable to you at early withdrawaltermination may be less than the Principal initially invested Besides If the Currency-Linked Capital Protected Investment Deposit is early withdrawnterminated you will no longer be entitled to any ReturnCoupon of the Currency-Linked Capital Protected Investment Deposit Risks associated with unsuccessful subscriptions of Currency-Linked Capital Protected Investment Deposit The Bank reserves the absolute right to approve any application and to decline any application received (whether in whole or any part thereof) before the Deposit Start Date In the event of non-acceptance a notification will be sent by the Bank and any subscription funds received will be returned to you after the Deposit Start Date or as soon as practicable Risks relating to Renminbi If Currency-Linked Capital Protected Investment Deposit involves CNY the relevant exchange rate(s) or level(s) of the relevant currency pair will be quoted in offshore Renminbi against alternate currency While both onshore Renminbi and offshore Renminbi are the same currency they are traded in different and separate markets operating under different regulations and independent liquidity pool Onshore Renminbi and offshore Renminbi are currently quoted in different markets with different exchange rates whereby their exchange rate movements may not be in the same direction or magnitude The offshore Renminbi exchange rate may deviate significantly from the onshore Renminbi exchange rate You should also note that Renminbi is currently not freely convertible the value of Renminbi against other foreign currencies fluctuates and will be affected by amongst other things the PRC governmentrsquos control (for example the PRC government regulates conversion between Renminbi and foreign currencies) which may adversely affect your investment return under the Currency-Linked Capital Protected Investment Deposit when you convert CNY into your home currency Renminbi is subject to foreign exchange control by the PRC government and thus investors investing in Currency-Linked Investment Deposit involving Renminbi are subject to the currency risk of Renminbi


Pair including AUDUSD GBPUSD EURUSD USDJPY USDCAD USDCHF NZDUSD and USDCNH bull The Deposit Period of the Currency-Linked Capital Protected Investment Deposit is 2 months or above bull You will have a chance to receive higher potential return depending on the movement of the exchange rate of the Underlying Currency

Pair during the Observation Period bull The Guaranteed Principal and Return at maturity (if any) will be settled in the Deposit Currency bull The Bank pre-sets the Trading Range and Observation Period bull During the whole Observation Period the exchange rate of the Underlying Currency Pair is compared with the Trading Range to

determine the Return at maturity bull Returns (if any) on this product is payable only upon maturity bull This product may not be withdrawnterminated by you before the maturity date without the approval in writing of the Bank Please refer


Scenario analysis (All figures shown below including the exchange rate of AUDUSD and HKDCNH Potential Return Rate Minimum Return Rate Deposit Period etc are for illustration only You should not rely on the below figures as any indication or guarantee on the expected interest amount of the Currency-Linked Capital Protected Investment Deposit you intend to invest Please refer to the Bank for up-to-date figures) Example 1 ndash American Range (where the Deposit Currency is your home currency) Assuming HKD is your home currency and you anticipate the Exchange Rate of AUDUSD will stay above 09850 but below 11150 for the next 6 months and set up an American Range Investment with HKD 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair Type of investment American Range (AUDUSD) Principal Guarantee 100 Deposit Currency HKD Guaranteed Principal HKD 100000 Deposit Period 6 months Trading Range AUDUSD 09850 (ldquoLower Barrierrdquo) to 11150 (ldquoUpper Barrierrdquo) (excluding both barriers) Potential Return Rate 016 (around 032 pa)

Page 23 of 67

Minimum Return Rate 0015 (around 003 pa) Scenario I Best case scenario At any time during the Observation Period the Exchange Rate of AUDUSD stays within the Trading Range (ie above 09850 but below 11150) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = HKD 100000 x (1+016) = HKD 10016000 (with a gain of 016 of investment amount) Scenario II Worst case scenario At any time during the Observation Period the Exchange Rate of AUDUSD is atbelow the Lower Barrier or atabove the Upper Barrier (ie atbelow 09850 or atabove 11150) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity Total Return at Maturity = HKD 100000 x (1+0015) = HKD 10001500

(with a gain of 0015 of investment amount) Scenario III The Bank becomes insolvent or defaults on its obligations Assuming that the Bank becomes insolvent during the tenor of this product or defaults on its obligations under this product you can only claim as its unsecured creditor You may get nothing back and suffer a total loss of your investment amount For reference only if you set up a HKD 100000 6-month Time Deposit on 30 April 2014 the annual interest rate would be 005 and the principal and interest received at maturity would be HKD 10002500

Example 2 ndash American Range (where the Deposit Currency is not your home currency) Assuming the Deposit Currency is not your home currency and HKD is your home currency and you anticipate the Exchange Rate of AUDUSD will stay above 09850 but below 11150 for the next 6 months and set up an American Range Investment with CNY 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair Type of investment American Range (AUDUSD) Principal Guarantee 100 Deposit Currency CNY Guaranteed Principal CNY 100000 Deposit Period 6 months Trading Range AUDUSD 09850 (ldquoLower Barrierrdquo) to 11150 (ldquoUpper Barrierrdquo) (excluding both barriers) Potential Return Rate 300 (around 600 pa) Minimum Return Rate 150 (around 300 pa) HKDCNH (on deposit start date) 08000 Scenario I Best case scenario At any time during the Observation Period (assuming the exchange rate of HKDCNH remains unchanged) the Exchange Rate of AUDUSD stays within the Trading Range (ie above 09850 but below 11150) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = CNY 100000 x (1+300) = CNY 10300000 (with a gain of 300 of investment amount) Scenario II Middle-of the road Gain scenario At any time during the Observation Period (assuming the exchange rate of HKDCNH remains unchanged the Exchange Rate of AUDUSD is atbelow the Lower Barrier or atabove the Upper Barrier (ie atbelow 09850 or atabove 11150) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity Total Return at Maturity = CNY 100000 x (1+15) = CNY 10150000 (with a gain of 150 of investment amount)

0

Exchange Rate of

AUDUSD le 09850



09850 Exchange Rate of AUDUSD during the Observation Period

Minimum Return

09850 lt Exchange Rate of AUDUSD lt 11150

Exchange Rate of

AUDUSD ge 11150

11150

Page 24 of 67

Scenario III Off-setting scenario At any time during the Observation Period the Exchange Rate of AUDUSD is atbelow the Lower Barrier or atabove the Upper Barrier (ie atbelow 09850 or atabove 11150) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a mild depreciation against HKD at maturity and the HKDCNH is 08120 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss will off-set the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08120 = CNY 101500 08120 = HKD 12500000 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY 100000 08000 = HKD 12500000 Gain(Loss) in home currency HKD 000 Scenario IV Loss and Worst case scenario At any time during the Observation Period the Exchange Rate of AUDUSD is atbelow the Lower Barrier or atabove the Upper Barrier (ie atbelow 09850 or atabove 11150) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a significant depreciation against HKD at maturity and the HKDCNH is 08200 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss exceeds the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08200 = CNY 101500 08200 = HKD 12378049 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY 100000 08000 = HKD 12500000 Gain(Loss) in home currency HKD (121951) In the worst case scenario if HKDCNH rises drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) you will suffer almost total loss in HKD due to depreciation of Renminbi Scenario V The Bank becomes insolvent or defaults on its obligations Assuming that the Bank becomes insolvent during the tenor of this product or defaults on its obligations under this product you can only claim as its unsecured creditor You may get nothing back and suffer a total loss of your investment amount For reference only if you set up a CNY 100000 6-month Time Deposit on 30 April 2015 the annual interest rate would be 060 and the principal and interest received would be CNY 10030000

If the Deposit Currency is not your home currency your gain or loss will also be affected by the fluctuation of the exchange rate between the Deposit Currency and your home currency If the Deposit Currency has depreciated against your home currency the loss arising from such depreciation may offset or even exceed any potential gain from investing in this product In the worst case scenario if HKDCNH rises drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) you will suffer almost total loss in HKD due to depreciation of Renminbi Please refer to the table below for details

0

Exchange Rate of

AUDUSD le 09850


Return Diagram

Return at Maturity


Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 25 of 67

^ The exchange rate of HKDCNH where you will breakeven when you convert your Total Return from Renminbi to home currency (HKD) at Maturity in the event that you receive Minimum Return on the Maturity Date

The exchange rate of HKDCNH where you will breakeven when you convert your Total Return from Renminbi to home currency (HKD) at Maturity in the event that you receive Potential Return on the Maturity Date

If HKDCNH rises drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) the exchange rate of HKDCNH where you will lose almost all of your investment amount when you convert your Total Return from Renminbi to home currency (HKD) on the Maturity Date

How can you buy this product bull You can place a Currency-Linked Capital Protected Investment Deposit through our Hang Seng Bank Branches telephone or Hang Seng

Personal or Business e-Banking bull The Bank will provide a choice of different tranches which is subject to market conditions bull Enquiry Hotline Personal 2822 0228 Business 2198 8000


Can you request for early termination before maturity No Currency-Linked Capital Protected Investment Deposit may not be withdrawnterminated by you before the maturity date without the approval in writing of the Bank which may be granted or withheld in the Bankrsquos sole and absolute discretion on such terms and conditions as the Bank may determine Please refer to ldquoEarly WithdrawalTermination Risksrdquo under ldquoWhat are the key features featuresrisks of Currency-Linked Capital Protected Investment Depositrdquo section for details

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 26 of 67




is 20 or above







Product Risk Level is determined by a number of factors which include the volatility of the currency pair and the tenor of the product The Product Risk Level is subject to the Banks periodic review and may change from time to time Please refer to our branch or our Customer Service Hotline on 2822 0228 for the latest detail Declaration and Remarks bull This Important Facts Statement is not intended to provide or regard as legal or taxation advice or investment recommendations If you





this Currency-Linked Capital Protected Investment Deposit to the public The current remuneration system that the Bank adopts for sales staff is a measurement of the staffrsquos overall performance and not just based on sales amount

bull The Bank is NOT an independent intermediary because The Bank receives fees commissions or other monetary benefits from other parties in relation to the Bankrsquos distribution of Currency-Linked Capital Protected Investment Deposit to you For details you should refer to the Bankrsquos disclosure on monetary benefits which the Bank is required to deliver to you prior to or at the point of entering into any transaction in Currency-Linked Capital Protected Investment Deposit


Page 27 of 67


美式區間投資

2018 年 5 月

重要資料概要


本概要的內容未經香港任何監管機構審閱閣下在投資本產品前應審慎行事本概要為本產品銷售文件的一部分閣下不應單憑本概要投資

於本產品閣下如有任何疑問應徵詢獨立專業意見




資料便覽


產品類別貨幣掛鈎投資存款 ndash 美式區間投資 (「本產品」)



投資期 2個月或以上或於閣下與本行進行交易時協定之其他投資期


可供選擇的掛鈎貨幣組合澳元美元英鎊美元歐羅美元美元日圓美元加元美元瑞士法郎

紐元美元美元離岸人民幣及於閣下與本行進行交易時協定之其他貨幣組合





客戶提早終止權利沒有詳情請參閲「外滙掛鈎保本投資存款有哪些主要風險」ndash「提前提取終止之風險」一欄



最大潛在虧損詳情請參閲此產品類別「情況分析」一欄例子1之情況2及3以及例子2之情況4及5


bull 美式區間投資是本行其中一種「外滙掛鈎保本投資存款」其中包含（以存款貨幣作出的）定期存款及購買閣下所選擇掛鈎貨幣組合的期權

bull 閣下選擇適合自己需要之存款貨幣及掛鈎貨幣組合和觀察期及由本行設定交易區間

bull 於整個觀察期銀行將比較掛鈎貨幣組合之滙率及交易區間如掛鈎貨幣組合滙率之走勢如閣下預期並在整個觀察期一直維持在交易區

間以内閣下將獲取保證本金及潛在回報如掛鈎貨幣組合滙率之走勢與閣下預期相反在觀察期的任何時間曾經在交易區間以外閣

下將獲取保證本金及最低回報（如適用）




「外滙掛鈎保本投資存款」之收益只限於回報派息（如有）閣下於作出任何投資決定前應考慮下列風險及參閱有關條款表及章則所載之

所有其他資料

Page 28 of 67

並非定期存款


衍生工具風險

「外滙掛鈎保本投資存款」內含外滙期權期權交易涉及風險就算是購買期權如市場走勢與閣下預期相反該期權有機會變得無價

值

潛在收益有限




市場風險

「外滙掛鈎保本投資存款」的投資回報與掛鈎貨幣組合的滙率掛鈎滙率的變動可能出乎預料突如其來而且幅度龐大並受複雜的政治

及經濟因素影響

流通性風險



「外滙掛鈎保本投資存款」並無以任何抵押品作抵押當閣下購買「外滙掛鈎保本投資存款」閣下將承擔銀行的信貸風險如銀行對

「外滙掛鈎保本投資存款」無力償債或未能履行其於「外滙掛鈎保本投資存款」下的責任閣下只可以銀行的無抵押債權人身份提出申

索在最壞情況下閣下可能損失閣下的全部投資金額

貨幣風險

滙率會不時變動且有時會大幅波動如用作投資之存款貨幣並不是閣下常用的本土貨幣而需要將其兌換則閣下可能因滙率波動而獲得收

益或招致虧損於存款貨幣下跌的情況下有關損失可能會抵銷或超過閣下投資於「外滙掛鈎保本投資存款」可能獲得之回報派息(如

有)


銀行有權在若干情況下調整「外滙掛鈎保本投資存款」的若干條款及細則（包括部分主要日期）此有可能對「外滙掛鈎保本投資存款」的

回報派息(如有)有不利影響




相對投資於同類市場的非保本産品「外滙掛鈎保本投資存款」爲提供保證而採取的投資策略可能局限其投資表現閣下必須準備承受就所

投入資金收取較低回報派息(如有)及可能會失去通過其他存款形式所能賺取的利息的風險就「外滙掛鈎保本投資存款」(設有潛在多重

派息)而言閣下將可能獲得週期性派息就其他種類之「外滙掛鈎保本投資存款」而言閣下於到期前將不會獲得週期性派息


閣下應明瞭「外滙掛鈎保本投資存款」只保證到期保本閣下若經本行書面批准而於到期前提取終止「外滙掛鈎保本投資存款」閣下

在提前提取終止時所得之金額可能低於閣下起初投資之金額


除以最低回報率最低派息率（可以設為零）所計算之回報派息外任何以潛在回報率潛在派息率所計算之回報派息概無保證就「外滙掛

鈎保本投資存款」(設有潛在多重派息)而言派息（如有）只適用於相關派息日仍持有之「外滙掛鈎保本投資存款」「外滙掛鈎保本投資存

款」的回報派息（如有）取決於有關釐定時間的市況外滙掛鈎産品的投資回報取決於外滙市場銀行間掛鈎滙率的交易價格閣下應當充分

認識到掛鈎滙率波動的風險影響外滙市場的表現的因素有許多包括但不限於全球及本地市場的投資氣氛利率政策資金流動政治環

境經濟環境商業及社會狀況的轉變等如市況走勢與閣下的看法不一致閣下於「外滙掛鈎保本投資存款」獲得的總投資回報可能會少

於相同投資期之定期存款所提供之派息閣下亦會面對不能就「外滙掛鈎保本投資存款」取得任何以潛在回報率潛在派息率計算之回報派

息之風險


「外滙掛鈎保本投資存款」不設提前提取終止閣下的資金於整個投資期內將投資於「外滙掛鈎保本投資存款」銀行有絕對自主權決定

拒絕閣下提前提取終止的要求閣下若經銀行書面批准而於到期日前提取終止「外滙掛鈎保本投資存款」則銀行有權自有關「外滙掛

鈎保本投資存款」之本金及或其他就「外滙掛鈎保本投資存款」應付閣下的款項（如有）中扣除任何支出損失和賠償數額賠償額包括

因閣下提前提取終止「外滙掛鈎保本投資存款」導致本行所産生或遭致的成本費用責任或損失因此閣下在提前提取終止時將不

獲保證可取回本金若閣下提前提取終止「外滙掛鈎保本投資存款」將不會再享有「外滙掛鈎保本投資存款」的回報派息


銀行享有批核申請之全部權利並可於「外滙掛鈎保本投資存款」之存款首日前拒絕接受整項或部份「外滙掛鈎保本投資存款」的申請倘

若銀行不接受有關申請銀行將會在存款首日後或其他實際可行情況下儘快通知閣下退還任何已收取的認購本金


如「外滙掛鈎保本投資存款」涉及人民幣有關貨幣組合之滙率或水平將以離岸人民幣與另一貨幣之匯率作報價儘管在岸人民幣與離岸人

民幣為相同貨幣惟在岸及離岸人民幣根據不同規例及獨立流動資金儲備於不同及獨立市場買賣在岸及離岸人民幣現時於不同市場報價

匯率亦各異故彼等的匯率變動方向或幅度可能不相同離岸人民幣匯率可能大幅偏離在岸人民幣匯率另謹請閣下注意人民幣現時並非

可自由兌換貨幣人民幣兌其他外幣的價值會有波動並將受（其中包括）中華人民共和國政府的管制（例如中華人民共和國政府規管人民

幣與外幣之間的兌換）所影響而有關管制可能會在閣下將離岸人民幣兌換為閣下的本土貨幣時對閣下於「外滙掛鈎保本投資存款」的投資

回報有不利影響投資者須注意人民幣受限於中華人民共和國政府的外匯管制故投資者投資於涉及人民幣的「外滙掛鈎保本投資存款」

Page 29 of 67

將要承受人民幣的貨幣風險


bull 「本產品」是為投資目標為保本或要求獲取潛在現金收益之閣下而設計

bull 「本產品」内含衍生工具閣下購買掛鈎貨幣的期權

bull 「本產品」」至到期日可獲取回100本金保證

bull 閣下自由選擇存款貨幣包括港元美元澳元英鎊歐羅日圓加元瑞士法郎紐元及人民幣及掛鈎貨幣組合包括澳元美

元英鎊美元歐羅美元美元日圓美元加元美元瑞士法郎紐元美元及美元離岸人民幣

bull 「本產品」的存款投資期為2個月或以上

bull 根據掛鈎貨幣組合之滙率於觀察期之表現閣下有機會獲享較高之潛在回報


bull 銀行預先設定交易區間及觀察期

bull 於整個觀察期比較掛鈎貨幣組合之滙率與交易區間以決定到期之回報

bull 本產品之回報（如有）將於到期時支付

bull 未得銀行書面批准閣下不得於到期日前提取終止「本產品」詳情請參閲以下「閣下可否於到期前要求提早終止」一欄

情況分析

（以下所有數字包括澳元美元及港元離岸人民幣之滙率潛在回報率最低回報率及存款投資期等僅作舉例説明之用閣下不應依

賴以下數字作為向閣下有意投資的「外滙掛鈎保本投資存款」作出任何預期回報金額的表示或保證有關最新數字請向銀行查詢）

例子1 ndash 美式區間（當存款貨幣是閣下的本土貨幣）

假設港元是閣下的本土貨幣及閣下預期澳元美元之滙率於6個月内一直維持在09850以上但低於11150及以本金港元100000設立6個月

美式區間投資並選擇澳元美元為掛鈎貨幣組合

投資種類美式區間（澳元美元）


存款貨幣港元



交易區間澳元美元 09850（「滙率下限」）至11150（「滙率上限」）（不包括「滙率下限」及「滙率上限」）



情況1最佳情況

於觀察期内任何時間澳元美元之滙率一直維持在交易區間以内（即在09850以上但低於11150）閣下到期時可獲取保證本金及潛在回

報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況

於觀察期内任何時間澳元美元之滙率曾相等於低於「滙率下限」或曾相等於高於「滙率上限」（即曾達09850或以下或曾達11150

或以上）閣下到期時可獲取保證本金及最低回報（如適用）


= 港元 100000 x (1+0015)

= 港元 10001500



假設本行於本產品投資期內無力償債或未能履行其於本產品下的責任閣下只可以其無抵押債權人身份提出申索閣下可能會一無所獲並

損失閣下全部投資金額

Page 30 of 67


例子2 ndash 美式區間（當存款貨幣不是閣下的本土貨幣）

假設存款貨幣並非閣下之本土貨幣而閣下之本土貨幣為港元閣下預期澳元美元之滙率於6個月内一直維持在09850以上但低於

11150及以本金人民幣 100000設立6個月美式區間投資並選擇澳元美元為掛鈎貨幣組合










情況1最佳情況

於觀察期内任何時間（假設港元離岸人民幣的匯率保持不變）澳元美元之滙率一直維持在交易區間以内（即在09850以上但低於

11150）閣下到期時可獲取保證本金及潛在回報


= 人民幣 100000 x (1+300)

= 人民幣 10300000



於觀察期内任何時間（假設港元離岸人民幣的匯率保持不變)澳元美元之滙率曾相等於低於「滙率下限」或曾相等於高於「滙率

上限」（即曾達09850或以下或曾達11150或以上）閣下到期時可獲取保證本金及最低回報（如適用）


= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況

於觀察期内任何時間澳元美元之滙率曾相等於低於「滙率下限」或曾相等於高於「滙率上限」（即曾達09850或以下或曾達11150或以上）閣下到期時可獲取保證本金及最低回報（如適用）假設在到期時人民幣對港元輕微貶值而在到期日港元離岸人民幣滙率為08120閣下選擇把所得的人民幣總回報轉換成港元將會因人民幣貶值而承受虧損該潛在虧損將抵銷閣下從本產品所獲取的收益


= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0

澳元美元之滙率

le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報

09850 lt 澳元美元之滙率 lt 11150


ge 11150

11150

Page 31 of 67


於觀察期内任何時間（假設港元離岸人民幣的匯率保持不變)澳元美元之滙率曾相等於低於「滙率下限」或曾相等於高於「滙率上限」（即曾達09850或以下或曾達11150或以上）閣下到期時可獲取保證本金及最低回報（如適用）若假設在到期時人民幣對港元顯著貶值而在到期日港元離岸人民幣滙率為08200 閣下選擇把所得的人民幣總回報轉換成港元將會因人民幣貶值而承受虧損該潛在虧損將超過閣下從本產品所獲取的收益


= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000


在最差情況下如港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元大幅貶值及變成幾乎毫無價值）以港元計算閣下將可能因人民

幣貶值而遭受接近全部損失





如存款貨幣不屬閣下之本土貨幣閣下之收益或虧損會因存款貨幣與本土貨幣之匯率波動而受影響如存款貨幣對本土貨幣之匯率貶值貶

值所帶來的虧損可能會抵銷或超過閣下於本產品之投資回報在最差情況下如港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元

大幅貶值及幾乎變成毫無價值）以港元計算閣下將可能因人民幣貶值而遭受接近全部損失詳情請參考下表

0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 32 of 67



在到期日若港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元大幅貶值及幾乎變成毫無價值）閣下將人民幣計算之

總回報轉換成本土貨幣 (港元) 時閣下可能損失接近全部投資金額之港元離岸人民幣匯率





費用及收費



不可未得銀行書面批准閣下不得於到期日前提取終止「外滙掛鈎保本投資存款」銀行有唯一和絕對酌情權根據銀行訂定之條件給

予或拒絕批准




(1) 65歲或以上的長者客戶除非閣下並非首次購買貨幣掛鈎結構性投資產品及閣下的資產集中程度低於20及閣下選擇不需要冷靜

期安排或











其他資料

產品風險程度



07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



存款首日之匯率


打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 33 of 67

產品風險程度由不同因素包括貨幣組合之波幅以及投資期之長短所定產品風險程度會依據銀行定期的檢討以作出修訂詳情請向分行或

客戶查詢熱綫 2822 0228 查詢

聲明及備註

bull 本重要資料概要不擬提供亦不應被視為或依賴為提供法律稅務的意見或投資建議如閣下對該產品交易或其合適性有任何疑問應諮

詢獨立專業意見

bull 銀行就「外滙掛鈎保本投資存款」之責任只限於由銀行設於香港之辦事處承擔且有關「外滙掛鈎保本投資存款」之指示只可向該辦事處

作出並由該辦事處執行有關「外滙掛鈎保本投資存款」之任何款項只限由銀行設於香港之辦事處以指定貨幣支付「外滙掛鈎保本投

資存款」之章則受香港法律所管轄並按香港法律詮釋

bull 閣下對銀行的服務如有任何意見或投訴可聯絡銀行職員或致電本行熱線2822 0228銀行在一般情況下會於合理時間（通常不超過三

十日）內回覆閣下的投訴如閣下對銀行就閣下投訴所作之處理仍有不滿可將有關事項提交香港金融管理局地址為香港中環金融街 8 號

國際金融中心二期 55 樓



bull 銀行將以主事人身份完成交易及可能就向公眾發售此「外滙掛鈎保本投資存款」而獲得若干金錢收益而銀行目前所採用之銷售員工花紅

制度會以銷售員工多方面之表現計算並非只著重銷售金額




bull 請注意本行不提供本產品予身處美國的人士美國公民及美籍人士（定義見證券法 S 條例）（包括居住在美國之任何人士及根據美國法例組

成或註冊成立之任何合夥企業或公司）

Page 34 of 67


European (Bullish Bearish) Investment

Dated May 2018




If English is not your preferred language you may request for the Chinese version of this statement from our sales staff 倘若英文並

非閣下屬意的語言閣下可向本行的銷售人員索取本概要的中文版本


Quick facts

Bank Hang Seng Bank Limited

Product Type Currency-Linked Investment Deposit ndash European Bullish Bearish Investment (ldquothis productrdquo)












Maximum potential loss Please refer to Scenarios II and III of Example 1 and 2 and Scenarios IV and V of Example 3 and 4 in ldquoScenario analysisrdquo section of this product type for details

What is this product and how does it work bull European Bullish Bearish investment is one type of our Currency-Linked Capital Protected Investment Deposit which consists of a time

deposit (in Deposit Currency) and buying option(s) on the Underlying Currency Pair of your choice bull You choose the Deposit Currency Underlying Currency Pair according to your need and the Bank will set the Trigger Level bull On the Final Exchange Rate Determination Date the Bank will compare the exchange rate of the Underlying Currency Pair with the Trigger

Level If the exchange rate of the Underlying Currency Pair moves along with your anticipation you will receive Guaranteed Principal and Potential Return If the exchange rate of the Underlying Currency Pair moves against your anticipation you will receive Guaranteed Principal and Minimum Return (if any)


Page 35 of 67

What are the key risks of Currency-Linked Capital Protected Investment Deposit Earnings on Currency-Linked Capital Protected Investment Deposit are limited to the Return Coupon (if any) payable You should consider the following risks and read all other information contained in the relevant Termsheet and Terms and Conditions before making any investment decision Not a time deposit Currency-Linked Capital Protected Investment Deposit is NOT equivalent to nor should it be treated as a substitute for time deposit It is NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong Derivatives risk Currency-Linked Capital Protected Investment Deposit is embedded with FX options Option transactions involve risks even when buying an option The optionrsquos value might become worthless if the market moves against your expectation Limited potential gain The maximum potential gain is limited to the pre-agreed ReturnCoupon calculated at the Potential ReturnCoupon Rate Not the same as buying the Underlying Currency Pair Investing in Currency-Linked Capital Protected Investment Deposit is not the same as buying the Underlying Currency Pair directly Market risk The investment return of Currency-Linked Capital Protected Investment Deposit is linked to the exchange rate of the Underlying Currency Pair Movements in exchange rates can be unpredictable sudden and drastic and affected by complex political and economic factors Liquidity risk Currency-Linked Capital Protected Investment Deposit is designed to be held till maturity The Bank may at its absolute discretion refuse to consent to any withdrawaltermination request before maturity Credit risk of the Bank Currency-Linked Capital Protected Investment Deposit is not secured by any collateral When you invest in Currency-Linked Capital Protected Investment Deposit you will be relying on the Bankrsquos creditworthiness If the Bank becomes insolvent or defaults on its obligations under a Currency-Linked Capital Protected Investment Deposit you can only claim as an unsecured creditor of the Bank In the worst case you could suffer a total loss of your investment amount Currency risk Exchange rate fluctuates and sometimes drastically If the Deposit Currency used for investment is not the home currency customarily used by you and thus conversion is required you should note that you may make a gain or suffer a loss due to exchange rate fluctuations When the deposit currency depreciates the loss from depreciation may set-off or even exceed the ReturnCoupon (if any) that you may receive from investing in the Currency-Linked Capital Protected Investment Deposit Risk of adjustments or early termination by the Bank Certain terms and conditions (including some of the key dates) of Currency-Linked Capital Protected Investment Deposit can be adjusted by the Bank this might have a negative impact on the ReturnCoupon (if any) of the Currency-Linked Capital Protected Investment Deposit Concentration Risks You should avoid excessive investment (in terms of its proportion of the overall portfolio) in any single type of investment so as to avoid the investment portfolio being over-exposed to any particular investment risk ReturnCoupon of Currency-Linked Capital Protected Investment Deposit In order to provide capital protection the investment strategy adopted for Currency-Linked Capital Protected Investment Deposit may lead to a dilution of performance when compared to non-capital protected products investing in similar markets You should be prepared to take the risks of earning a lower ReturnCoupon (if any) on the capital invested and losing the interest that might otherwise earned on money invested by way of deposits For Currency-Linked Capital Protected Investment Deposit (with potential multi-coupon) periodic Coupon may be payable to you For other types of Currency-Linked Capital Protected Investment Deposit no periodic ReturnCoupon will be payable to you prior to maturity Principal protection at maturity only You should understand that the Principal of the Currency-Linked Capital Protected Investment Deposit is capital-protected only when it is held to maturity If the Bank allows you to early withdrawterminate the Currency-Linked Capital Protected Investment Deposit with written consent the amount received by you upon early withdrawaltermination may be less than the amount initially invested by you Market Risks associated with Potential ReturnCoupon Apart from the ReturnCoupon calculated at the Minimum ReturnCoupon Rate (which may be set at zero) there is no guarantee of any ReturnCoupon calculated at the Potential ReturnCoupon Rate For Currency-Linked Capital Protected Investment Deposit (with potential multi-coupon) Coupon (if any) is payable only if the Currency-Linked Capital Protected Investment Deposit is held till the relevant Coupon Distribution Dates ReturnCoupon (if any) of Currency-Linked Capital Protected Investment Deposit depends on the market conditions at the time of the relevant determination Investment return on foreign exchange-linked products are dependent on the prices of inter-banksrsquo transactions on the linked exchange rate in the foreign exchange markets You should be fully aware of the risks relating to fluctuations in the linked exchange rates Factors affecting the performance of foreign exchange markets are numerous including but are not limited to changes in global and local investment sentiments interest rate policies fund flows political environment economic environment business and social conditions in the local marketplace If the market trend is different from the view taken by you there is an inherent risk that the total investment return that you may receive from Currency-Linked Capital Protected Investment Deposit will be less than the interest that would have been payable on a time deposit for the same tenor There is also an inherent risk that no ReturnCoupon calculated at the Potential ReturnCoupon Rate will be payable to you in respect of the Currency-Linked Capital Protected Investment Deposit Early WithdrawalTermination Risks Early withdrawaltermination by you is not allowed for Currency-Linked Capital Protected Investment Deposit and the capital of you will be invested in the Currency-Linked Capital Protected Investment Deposit for the entire investment period The Bank may at its absolute discretion refuse to give consent to any early withdrawaltermination request If the Bank allows you to early withdrawterminate the Currency-Linked Capital Protected Investment Deposit with written consent the Bank shall be entitled to deduct from the Principal of the relevant Currency-Linked Capital Protected Investment Deposit andor any other amount which may have accrued to you any expenses costs or damages to the Bank Damages may include any costs expenses liability or losses to the Bank as a result of the early withdrawaltermination by you Therefore there is no guarantee that you will be able to receive the Principal and the amount payable to you at early withdrawaltermination may be less

Page 36 of 67

than the Principal initially invested Besides If the Currency-Linked Capital Protected Investment Deposit is early withdrawnterminated you will no longer be entitled to any ReturnCoupon of the Currency-Linked Capital Protected Investment Deposit Risks associated with unsuccessful subscriptions of Currency-Linked Capital Protected Investment Deposit The Bank reserves the absolute right to approve any application and to decline any application received (whether in whole or any part thereof) before the Deposit Start Date In the event of non-acceptance a notification will be sent by the Bank and any subscription funds received will be returned to you after the Deposit Start Date or as soon as practicable Risks relating to Renminbi If Currency-Linked Capital Protected Investment Deposit involves CNY the relevant exchange rate(s) or level(s) of the relevant currency pair will be quoted in offshore Renminbi against alternate currency While both onshore Renminbi and offshore Renminbi are the same currency they are traded in different and separate markets operating under different regulations and independent liquidity pool Onshore Renminbi and offshore Renminbi are currently quoted in different markets with different exchange rates whereby their exchange rate movements may not be in the same direction or magnitude The offshore Renminbi exchange rate may deviate significantly from the onshore Renminbi exchange rate You should also note that Renminbi is currently not freely convertible the value of Renminbi against other foreign currencies fluctuates and will be affected by amongst other things the PRC governmentrsquos control (for example the PRC government regulates conversion between Renminbi and foreign currencies) which may adversely affect your investment return under the Currency-Linked Capital Protected Investment Deposit when you convert CNY into your home currency Renminbi is subject to foreign exchange control by the PRC government and thus investors investing in Currency-Linked Investment Deposit involving Renminbi are subject to the currency risk of Renminbi

What are the key features bull This product is designed for you whose investment objective is capital protection or to obtain potential cash income

bull This product is embedded with options You will buy option(s) on the Linked Currency Pair bull 100 principal protection if the Currency-Linked Capital Protected Investment Deposit is held to maturity bull You can choose the Deposit Currency including HKD USD AUD GBP EUR JPY CAD CHF NZD and CNY and Linked Currency Pair

including AUDUSD GBPUSD EURUSD USDJPY USDCAD USDCHF NZDUSD and USDCNH bull The Deposit Period of this product is 2 months or above bull You will have a chance to receive higher potential return depending on the movement of the exchange rate of the Underlying Currency Pair bull The Guaranteed Principal and Return at maturity (if any) will be settled in the Deposit Currency bull The Bank pre-sets the Trigger Level and you choose a bullish or bearish view on different currencies bull On the Final Exchange Rate Determination Date the exchange rate of the Underlying Currency Pair is compared with the Trigger Level to

determine the Return at maturity bull Returns (if any) on this product is payable only upon maturity bull This product may not be withdrawnterminated by you before the maturity date without the approval in writing of the Bank Please refer to

the section Can you request for early termination before maturity below

Scenario analysis (All figures shown below including the exchange rate of AUDUSD and HKDCNH Potential Return Rate Minimum Return Rate Deposit Period etc are for illustration only You should not rely on the below figures as any indication or guarantee on the expected interest amount of the Currency-Linked Capital Protected Investment Deposit you intend to invest Please refer to the Bank for up-to-date figures) Example 1 ndash European Bullish (where the Deposit Currency is your home currency) Assuming HKD is your home currency and you take a bullish view on Australian Dollar expect the exchange rate of AUDUSD will rise from 09400 to 09800 or above after the 6-month period and set up an European Bullish Investment with HKD 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair Type of investment European Bullish on AUD (AUDUSD) Principal Guarantee 100 Deposit Currency HKD Guaranteed Principal HKD 100000 Deposit Period 6 months Trigger Level AUDUSD 09800 Potential Return Rate 016 (around 032 pa) Minimum Return Rate 0015 (around 003 pa) Scenario I Best case scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is at or above the Trigger Level (ie at or above 09800) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = HKD 100000 x (1+016) = HKD 10016000 (with a gain of 016 of investment amount) Scenario II Worst case scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is below the Trigger Level (ie below 09800) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity

Page 37 of 67

Total Return at Maturity = HKD 100000 x (1+0015) = HKD 10001500 (with a gain of 0015 of investment amount) Scenario III The Bank becomes insolvent or defaults on its obligations Assuming that the Bank becomes insolvent during the tenor of this product or defaults on its obligations under this product you can only claim as its unsecured creditor You may get nothing back and suffer a total loss of your investment amount

For reference only if you set up a HKD 100000 6-month Time Deposit on 30 April 2015 the annual interest rate would be 005 and the principal and interest received at maturity would be HKD 10002500

Example 2 ndash European Bearish (where the Deposit Currency is your home currency) Assuming HKD is your home currency and you take a bearish view on Australian Dollar expect the exchange rate of AUDUSD will drop from 09400 to 09000 or below after the 6-month period and set up an European Bearish Investment with HKD 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair Type of investment European Bearish on AUD (AUDUSD) Principal Guarantee 100 Deposit Currency HKD Guaranteed Principal HKD 100000 Deposit Period 6 months Trigger Level AUDUSD 09000 Potential Return Rate 016 (around 032 pa) Minimum Return Rate 0015 (around 003 pa) Scenario I Best case scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is at or below the Trigger Level (ie at or below 09000) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = HKD 100000 x (1+016) = HKD 10016000 (with a gain of 016 of investment amount) Scenario II Worst case scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is above the Trigger Level (ie above 09000) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity Total Return at Maturity = HKD 100000 x (1+0015) = HKD 10001500 (with a gain of 0015 of investment amount) Scenario III The Bank becomes insolvent or defaults on its obligations Assuming that the Bank becomes insolvent during the tenor of this product or defaults on its obligations under this product you can only claim as its unsecured creditor You may get nothing back and suffer a total loss of your investment amount

0

Final Exchange Rate of AUDUSD lt Trigger Level



09800 The Final Exchange Rate of AUDUSD on the Final Exchange Rate Determination Date

Final Exchange Rate of AUDUSD ge Trigger Level


Page 38 of 67

For reference only if you set up a HKD 100000 6-month Time Deposit on 30 April 2015 the annual interest rate would be 005 and the principal and interest received at maturity would be HKD 10002500 Example 3 ndash European Bullish (where the Deposit Currency is not home currency) Assuming the Deposit Currency is not your home currency and HKD is your home currency you take a bullish view on Australian Dollar expect the exchange rate of AUDUSD will rise from 09400 to 09800 or above after the 6-month period and set up an European Bullish Investment with CNY 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair Type of investment European Bullish on AUD (AUDUSD) Principal Guarantee 100 Deposit Currency CNY Guaranteed Principal CNY 100000 Deposit Period 6 months Trigger Level AUDUSD 09800 Potential Return Rate 300 (around 600 pa) Minimum Return Rate 150 (around 300 pa) HKDCNH on deposit start date 08000 Scenario I Best case scenario On the Final Exchange Rate Determination Date (assuming the exchange rate of HKDCNH remains unchanged) the Exchange Rate of AUDUSD is at or above the Trigger Level (ie at or above 09800) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = CNY 100000 x (1+300) = CNY 10300000 (with a gain of 300 of investment amount) Scenario II Middle-of-the road Gain scenario On the Final Exchange Rate Determination Date (assuming the exchange rate of HKDCNH remains unchanged) the Exchange Rate of AUDUSD is below the Trigger Level (ie below 09800) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Scenario III Off-setting scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is below the Trigger Level (ie below 09800) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a mild depreciation against HKD at maturity and the HKDCNH is 08120 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss will off-set the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08120 = CNY 101500 08120 = HKD 12500000 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY 100000 08000 = HKD 12500000 Gain(Loss) in home currency HKD 000

0

Final Exchange Rate of AUDUSD

le Trigger Level


Return Diagram

Return at Maturity


Final Exchange Rate of AUDUSD gt Trigger Level


Page 39 of 67

Scenario IV Loss and Worst case scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is below the Trigger Level (ie below 09800) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a significant depreciation against HKD at maturity and the HKDCNH is 08200 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss exceeds the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 101500 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08200 = CNY 101500 08200 = HKD 12378049 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY 100000 08000 = HKD 12500000 Gain(Loss) in home currency HKD (121951) In the worst case scenario if HKDCNH rises drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) you will suffer almost total loss in HKD due to depreciation of Renminbi Scenario V The Bank becomes insolvent or defaults on its obligations Assuming that the Bank becomes insolvent during the tenor of this product or defaults on its obligations under this product you can only claim as its unsecured creditor You may get nothing back and suffer a total loss of your investment amount

For reference only if you set up a CNY 100000 6-month Time Deposit on 30 April 2015 the annual interest rate would be 060 and the principal and interest received at maturity would be CNY 10030000 If the Deposit Currency is not your home currency your gain or loss will also be affected by the fluctuation of the exchange rate between the Deposit Currency and your home currency If the Deposit Currency has depreciated against your home currency the loss arising from such depreciation may offset or even exceed any potential gain from investing in this product In the worst case scenario if HKDCNH rises drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) you will suffer almost total loss in HKD due to depreciation of Renminbi Please refer to the table below for details

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0



Return Diagram

Return at Maturity




Page 40 of 67




Example 4 ndash European Bearish (where the Deposit Currency is not home currency) Assuming the Deposit Currency is not your home currency and HKD is your home currency you take a bearish view on Australian Dollar expect the exchange rate of AUDUSD will drop from 09400 to 09000 or below after the 6-month period and set up an European Bearish Investment with CNY 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair Type of investment European Bearish on AUD (AUDUSD) Principal Guarantee 100 Deposit Currency CNY Guaranteed Principal CNY 100000 Deposit Period 6 months Trigger Level AUDUSD 09000 Potential Return Rate 300 (around 600 pa) Minimum Return Rate 150 (around 300 pa) HKDCNH at the time of investment 08000 Scenario I Best case scenario On the Final Exchange Rate Determination Date (assuming the exchange rate of HKDCNH remains unchanged) the Exchange Rate of AUDUSD is at or below the Trigger Level (ie at or below 09000) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = CNY 100000 x (1+300) = CNY 10300000 (with a gain of 300 of investment amount) Scenario II Middle-of-the road Gain scenario On the Final Exchange Rate Determination Date (assuming the exchange rate of HKDCNH remains unchanged) the Exchange Rate of AUDUSD is above the Trigger Level (ie above 09000) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Scenario III Off-setting scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is above the Trigger Level (ie above 09000) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a mild depreciation against HKD at maturity and the HKDCNH is 08120 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss will off-set the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08120 = CNY 101500 08120 = HKD 12500000 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY 100000 08000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000



0


Breakeven = 08120^


Breakeven = 08240


Potential Return

Minimum Return


HKDCNH = 9999990000

Page 41 of 67

= HKD 12500000 Gain(Loss) in home currency HKD 000 Scenario IV Loss and Worst Case scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is above the Trigger Level (ie above 09000) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a significant depreciation against HKD at maturity and the HKDCNH is 08200 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss exceeds the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08200 = CNY 101500 08200 = HKD 12378049 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY 100000 08000 = HKD 12500000 Gain(Loss) in home currency HKD (121951) In the worst case scenario if HKDCNH rises drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) you will suffer almost total loss in HKD due to depreciation of Renminbi Scenario V The Bank becomes insolvent or defaults on its obligations Assuming that the Bank becomes insolvent during the tenor of this product or defaults on its obligations under this product you can only claim as its unsecured creditor You may get nothing back and suffer a total loss of your investment amount


Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0

Final Exchange Rate of AUDUSD le Trigger Level







Page 42 of 67










(2) A non-elderly customer who is a first time buyer of currency-linked structured investment products AND your asset concentration is

20 or above





Other information

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return

Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 43 of 67

Product Risk Level The Product Risk Level for Currency-Linked Capital Protected Investment Deposit is Low


Product Risk Level is determined by a number of factors which include the volatility of the currency pair and the tenor of the product The Product Risk Level is subject to the Banks periodic review and may change from time to time Please refer to our branch or our Customer Service Hotline on 2822 0228 for the latest detail Declaration and Remarks bull This Important Facts Statement is not intended to provide or regard as legal or taxation advice or investment recommendations If you have

any concerns about this product or are uncertain about the suitability of this product for you you should obtain independent professional advice



bull Hang Seng Bank Limited is a Registered Licensed Bank under the Banking Ordinance bull All Currency-Linked Capital Protected Investment Deposit cannot be cancelled after subscription bull The Bank will act as principal to complete the transaction and may obtain certain monetary benefits in connection with the offering of this

Currency-Linked Capital Protected Investment Deposit to the public The current remuneration system that the Bank adopts for sales staff is a measurement of the staffrsquos overall performance and not just based on sales amount



Page 44 of 67


歐式（看好看淡）投資

2018 年 5 月

重要資料概要


本概要的內容未經香港任何監管機構審閱閣下在投資本產品前應審慎行事本概要為本產品銷售文件的一部分閣下不應單憑本概要投資於本

產品閣下如有任何疑問應徵詢獨立專業意見

倘若中文並非閣下屬意的語言閣下可向本行的銷售人員索取本概要的英文版本If Chinese is not your preferred language you may request for

the English version of this statement from our sales staff


資料便覽


產品類別貨幣掛鈎投資存款 ndash 歐式看好看淡投資 (「本產品」)











客戶提早終止權利沒有詳情請參閲「外滙掛鈎保本投資存款有哪些主要風險」ndash「提前提取終止之風險」

一欄



最大潛在虧損詳情請參閲此產品類別「情況分析」一欄例子1及2之情況2及情況3 以及例子3及4之情況4及

情況5


bull 歐式看好看淡投資是本行其中一種「外滙掛鈎保本投資存款」其中包含（以存款貨幣作出的）定期存款及購買閣下所選擇之掛鈎貨幣組合

的期權

bull 閣下選擇適合自己需要之存款貨幣及掛鈎貨幣組合及由本行設定觸發滙率

bull 於最終滙率釐定日銀行將比較掛鈎貨幣組合之滙率及觸發滙率如掛鈎貨幣組合滙率之走勢如閣下預期閣下將獲取保證本金及潛在回報




Page 45 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險




銀行有權在若干情況下調整「外滙掛鈎保本投資存款」的若干條款及細則（包括部分主要日期）此有可能對「外滙掛鈎保本投資存款」的回報

派息(如有)有不利影響











除以最低回報率最低派息率（可以設為零）所計算之回報派息外任何以潛在回報率潛在派息率所計算之回報派息概無保證就「外滙掛鈎保

本投資存款」(設有潛在多重派息)而言派息（如有）只適用於相關派息日仍持有之「外滙掛鈎保本投資存款」「外滙掛鈎保本投資存款」的

回報派息（如有）取決於有關釐定時間的市況外滙掛鈎産品的投資回報取決於外滙市場銀行間掛鈎滙率的交易價格閣下應當充分認識到掛

鈎滙率波動的風險影響外滙市場的表現的因素有許多包括但不限於全球及本地市場的投資氣氛利率政策資金流動政治環境經濟環

境商業及社會狀況的轉變等如市況走勢與閣下的看法不一致閣下於「外滙掛鈎保本投資存款」獲得的總投資回報可能會少於相同投資期

之定期存款所提供之派息閣下亦會面對不能就「外滙掛鈎保本投資存款」取得任何以潛在回報率潛在派息率計算之回報派息之風險


「外滙掛鈎保本投資存款」不設提前提取終止閣下的資金於整個投資期內將投資於「外滙掛鈎保本投資存款」銀行有絕對自主權決定拒絕

閣下提前提取終止的要求閣下若經銀行書面批准而於到期日前提取終止「外滙掛鈎保本投資存款」則銀行有權自有關「外滙掛鈎保本

投資存款」之本金及或其他就「外滙掛鈎保本投資存款」應付閣下的款項（如有）中扣除任何支出損失和賠償數額賠償額包括因閣下提

前提取終止「外滙掛鈎保本投資存款」導致本行所産生或遭致的成本費用責任或損失因此閣下在提前提取終止時將不獲保證可取

回本金若閣下提前提取終止「外滙掛鈎保本投資存款」將不會再享有「外滙掛鈎保本投資存款」的回報派息






為相同貨幣惟在岸及離岸人民幣根據不同規例及獨立流動資金儲備於不同及獨立市場買賣在岸及離岸人民幣現時於不同市場報價匯率亦各

異故彼等的匯率變動方向或幅度可能不相同離岸人民幣匯率可能大幅偏離在岸人民幣匯率另謹請閣下注意人民幣現時並非可自由兌換貨

Page 46 of 67

幣人民幣兌其他外幣的價值會有波動並將受（其中包括）中華人民共和國政府的管制（例如中華人民共和國政府規管人民幣與外幣之間的

兌換）所影響而有關管制可能會在閣下將離岸人民幣兌換為閣下的本土貨幣時對閣下於「外滙掛鈎保本投資存款」的投資回報有不利影響投

資者須注意人民幣受限於中華人民共和國政府的外匯管制故投資者投資於涉及人民幣的「外滙掛鈎保本投資存款」將要承受人民幣的貨幣風

險




bull 持有「本產品」至到期日可獲取回100本金保證

bull 閣下自由選擇存款貨幣包括港元美元澳元英鎊歐羅日圓加元瑞士法郎紐元及人民幣及掛鈎貨幣組合包括澳元美元英

鎊美元歐羅美元美元日圓美元加元美元瑞士法郎紐元美元及美元離岸人民幣


bull 根據掛鈎貨幣組合之滙率之表現閣下有機會獲享較高之潛在回報


bull 銀行預先設定觸發滙率及閣下可選擇看好或看淡不同貨幣之走勢

bull 於最終滙率釐定日比較掛鈎貨幣組合之滙率及觸發滙率以決定到期之回報

bull 「外滙掛鈎保本投資存款」之回報（如有）將於到期時支付


情況分析



例子1 - 歐式看好 (當存款貨幣是閣下的本土貨幣)

假設港元是閣下的本土貨幣及閣下看好澳元預期澳元美元滙率將在6個月後由09400上升至09800或以上及以本金港元 100000設立6個

月歐式看好投資並選擇澳元美元為掛鈎貨幣組合

投資種類歐式看好澳元（澳元美元）


存款貨幣港元






情況1最佳情況

於最終滙率釐定日澳元美元之滙率等於或高於觸發滙率（即在09800或以上）閣下到期時可獲取保證本金及潛在回報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況

於最終滙率釐定日澳元美元之滙率低於觸發滙率（即低於09800）閣下到期時可獲取保證本金及最低回報（如適用）


= 港元 100000 x (1+0015)

= 港元 10001500

Page 47 of 67


情況3本行無力償債或未能履行其責任

假設本行於本產品投資期內無力償債或未能履行其於本產品下的責任閣下只可以其無抵押債權人身份提出申索閣下可能會一無所獲並損失

閣下全部投資金額


例子2 - 歐式看淡 (當存款貨幣是閣下的本土貨幣)

假設港元是閣下的本土貨幣及閣下看淡澳元預期澳元美元滙率將在6個月後由09400下跌至09000或以下及以本金港元 100000設立6個

月歐式看淡投資並選擇澳元美元為掛鈎貨幣組合

投資種類歐式看淡澳元（澳元美元）


存款貨幣港元






情況1最佳情況

於最終滙率釐定日澳元美元之滙率等於或低於觸發滙率（即在09000或以下）閣下到期時可獲取保證本金及潛在回報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況

於最終滙率釐定日澳元美元之滙率高於觸發滙率（即高於09000）閣下到期時可獲取保證本金及最低回報（如適用）


= 港元 100000 x (1+0015)

= 港元 10001500





0

澳元美元之最終滙率 lt 觸發滙率


回報圖示

到期時之回報

澳元美元之最終滙率 ge 觸發滙率

觸發滙率 = 09800

09800 於最終滙率釐定日

澳元美元之最終滙率

0

澳元美元之最終滙率 le 觸發滙率


回報圖示

到期時之回報

澳元美元之最終滙率 gt 觸發滙率

觸發滙率 = 09000



Page 48 of 67


例子3 ndash 歐式看好（當存款貨幣不是閣下的本土貨幣）

假設存款貨幣並非閣下之本土貨幣而閣下之本土貨幣為港元閣下看好澳元預期澳元美元滙率將在6個月後由09400上升至09800或以

上及以本金人民幣 100000設立6個月歐式看好投資並選擇澳元美元為掛鈎貨幣組合










情況1最佳情況

於最終滙率釐定日（假設港元離岸人民幣的匯率保持不變）澳元美元之滙率等於或高於觸發滙率（即在09800或以上）閣下於到期時可獲

取保證本金及潛在回報


= 人民幣 100000 x (1+300)

= 人民幣 10300000



於最終滙率釐定日（假設港元離岸人民幣的匯率保持不變）澳元美元之滙率低於觸發滙率（即低於09800）閣下到期時可獲取保證本金

及最低回報（如適用）


= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況

於最終滙率釐定日澳元美元之滙率澳元美元之滙率低於觸發滙率（即低於09800）閣下到期時可獲取保證本金及最低回報（如適用）

假設在到期時人民幣對港元輕微貶值而在到期日港元離岸人民幣滙率為08120閣下選擇把所得的人民幣總回報轉換成港元將會因人民幣

貶值而承受虧損該潛在虧損將抵銷閣下從本產品所獲取的收益


= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000



於最終滙率釐定日澳元美元之滙率低於觸發滙率（即低於09800）閣下到期時可獲取保證本金及最低回報（如適用）若假設在到期時人民幣

對港元顯著貶值而在到期日港元離岸人民幣滙率為08200而閣下選擇把所得的人民幣總回報轉換成港元閣下將會因人民幣貶值而承受虧

損該潛在虧損將超過閣下從本產品所獲取的收益


= 港元 100000 x (1+15)

= 港元 10150000



= 人民幣 101500 08200

= 港元12378049

Page 49 of 67

減去


= 人民幣 100000 08000

= 港元 12500000






他們的的全部投資金額



所帶來的虧損可能會抵銷或超過閣下於本產品之投資回報在最差情況下如港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元大幅貶

值及變成幾乎毫無價值）以港元計算閣下將可能因人民幣貶值而遭受接近全部損失詳情請參考下表





07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



0



回報圖示

到期時之回報


觸發滙率 = 09800




打和水平=

08240


打和水平=

08120^ 若離岸人民幣對港元大幅貶值

港元離岸人民幣 = 9999990000


Page 50 of 67

例子4 ndash 歐式看淡（當存款貨幣不是本土貨幣）

假設存款貨幣並非閣下之本土貨幣而閣下之本土貨幣為港元假設閣下看淡澳元預期澳元美元滙率將在6個月後由09400下跌至09000

或以下及以本金人民幣 100000設立6個月歐式看淡投資並選擇澳元美元為掛鈎貨幣組合










情況1最佳情況

於最終滙率釐定日（假設港元離岸人民幣的匯率保持不變）澳元美元之滙率等於或低於觸發滙率（即在09000或以下）閣下到期時可獲取

保證本金及潛在回報


= 人民幣 100000 x (1+300)

= 人民幣 10300000



於最終滙率釐定日（假設港元離岸人民幣的匯率保持不變）澳元美元之滙率高於觸發滙率（即高於09000）閣下於到期時可獲取保證本

金及最低回報（如適用）


= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況

於最終滙率釐定日澳元美元之滙率澳元美元之滙率高於觸發滙率（即高於09000）閣下到期時可獲取保證本金及最低回報（如適用）

若假設在到期時人民幣對港元輕微貶值而在到期日港元離岸人民幣滙率為08120閣下選擇把所得的人民幣總回報轉換成港元閣下將會因

人民幣貶值而承受虧損該潛在虧損將抵銷閣下從本產品所獲取的收益


= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000

本土貨幣之收益（虧損）港元000


於最終滙率釐定日澳元美元之滙率高於觸發滙率（即高於09000）閣下到期時可獲取保證本金及最低回報（如適用）假設在到期時人民幣




= 人民幣 100000 x (1+15)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去

Page 51 of 67


= 人民幣 100000 08000

= 港元 12500000

本土貨幣之收益（虧損）港元(121951)








所帶來的虧損可能會抵銷或超過閣下於本產品之投資回報在最差請況下如港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元大幅貶




在到期日若港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元大幅貶值及變成幾乎毫無價值）閣下將人民幣計算之總回報轉

換成本土貨幣 (港元) 時閣下可能損失接近全部投資金額之港元離岸人民幣匯率

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之

港元離岸人民幣匯率 0

0



回報圖示

到期時之回報


觸發滙率 = 09000





打和水平=

08120^


打和水平=

08240 若離岸人民幣對港元大幅貶值

港元離岸人民幣 = 9999990000

Page 52 of 67





費用及收費



不可未得銀行書面批准閣下不得於到期日前提取終止「外滙掛鈎保本投資存款」銀行有唯一和絕對酌情權根據銀行訂定之條件給予或

拒絕批准




(1) 65歲或以上的長者客戶除非閣下並非首次購買貨幣掛鈎結構性投資產品及閣下的資產集中程度低於20及閣下選擇不需要冷靜期安

排或











其他資料

產品風險程度



產品風險程度由不同因素包括貨幣組合之波幅以及投資期之長短所定產品風險程度會依據銀行定期的檢討以作出修訂詳情請向分行或客戶

查詢熱綫 2822 0228 查詢

聲明及備註

bull 本重要資料概要不擬提供亦不應被視為或依賴為提供法律稅務的意見或投資建議如閣下對該產品交易或其合適性有任何疑問應諮詢獨

立專業意見


出並由該辦事處執行有關「外滙掛鈎保本投資存款」之任何款項只限由銀行設於香港之辦事處以指定貨幣支付「外滙掛鈎保本投資存款」

之章則受香港法律所管轄並按香港法律詮釋

bull 閣下對銀行的服務如有任何意見或投訴可聯絡銀行職員或致電本行熱線2822 0228銀行在一般情況下會於合理時間（通常不超過三十日）

內回覆閣下的投訴如閣下對銀行就閣下投訴所作之處理仍有不滿可將有關事項提交香港金融管理局地址為香港中環金融街 8 號國際金融

中心二期 55 樓






本行有收取由其他人士就本行向閣下分銷投資「外滙掛鈎保本投資存款」而提供的費用佣金或其他金錢收益詳情請參閱本行按規定在訂

立任何投資「外滙掛鈎保本投資存款」交易前或在訂立任何投資「外滙掛鈎保本投資存款」交易時須向閣下提供的金錢收益披露



Page 53 of 67


European Range Investment

Dated May 2018


This is a structured investment product which is NOT protected by the Deposit

Protection Scheme in Hong Kong






Product Type Currency-Linked Investment Deposit ndash European Range Investment (ldquothis productrdquo)












Maximum potential loss Please refer to Scenarios II and III of Example 1 and Scenarios IV and V of Example 2 in the ldquoScenario analysisrdquo section of this product type for details

What is this product and how does it work bull European Range investment is one type of our Currency-Linked Capital Protected Investment Deposit which consists of a time deposit

(in Deposit Currency) and buying option(s) on the Underlying Currency Pair of your choice bull You choose the Deposit Currency Underlying Currency Pair according to your need and the Bank will set the Trading Range bull On the Final Exchange Rate Determination Date the Bank will compare the exchange rate of the Underlying Currency Pair with the

Trading Range If the exchange rate of the Underlying Currency Pair moves along with your anticipation and is within the Trading Range you will receive Guaranteed Principal and Potential Return If the exchange rate of the Underlying Currency Pair moves against your anticipation and is outside the Trading Range you will receive Guaranteed Principal and Minimum Return (if any)


Page 54 of 67


Page 55 of 67



Pair including AUDUSD GBPUSD EURUSD USDJPY USDCAD USDCHF NZDUSD and USDCNH bull The Deposit Period of this product is 2 months or above

bull You will have a chance to receive higher potential return depending on the movement of the exchange rate of the Underlying Currency

Pair bull The Guaranteed Principal and Return at maturity (if any) will be settled in the Deposit Currency bull The Bank pre-sets the Trading Range bull On the Final Exchange Rate Determination Date the exchange rate of the Underlying Currency Pair is compared with the Trading Range

to determine the Return at maturity bull Returns (if any) on this product is payable only upon maturity bull This product may not be withdrawnterminated by you before the maturity date without the approval in writing of the Bank Please refer to


Scenario analysis (All figures shown below including the exchange rate of AUDUSD and HKDCNH Potential Return Rate Minimum Return Rate Deposit Period etc are for illustration only You should not rely on the figures as any indication or guarantee on the expected interest amount of the Currency-Linked Capital Protected Investment Deposit you intend to invest Please refer to the Bank for up-to-date figures) Example 1 ndash European Range (where the Deposit Currency is your home currency) Assuming HKD is your home currency and you anticipate the Exchange Rate of AUDUSD will be above 10250 but below 10750 after 6 months and set up an European Range Investment with HKD 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair Type of investment European Range (AUDUSD) Principal Guarantee 100 Deposit Currency HKD Guaranteed Principal HKD 100000 Deposit Period 6 months Trading Range AUDUSD 10250 (ldquoLower Barrierrdquo) to 10750 (ldquoUpper Barrierrdquo) (excluding both barriers) Potential Return Rate 016 (around 032 pa)

Page 56 of 67

Minimum Return Rate 0015 (around 003 pa) Scenario I Best case scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is within the Trading Range (ie above 10250 but below 10750) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = HKD 100000 x (1+016) = HKD 10016000 (with a gain of 016 of investment amount) Scenario II Worst case scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is atbelow the Lower Barrier or atabove the Upper Barrier (ie atbelow 10250 or atabove 10750) you will receive Guaranteed Principal and Minimum Return at maturity Total Return at Maturity = HKD 100000 x (1+0015) = HKD 10001500 (with a gain of 0015 of investment amount) Scenario III The Bank becomes insolvent or defaults on its obligations Assuming that the Bank becomes insolvent during the tenor of this product or defaults on its obligations under this product you can only claim as its unsecured creditor You may get nothing back and suffer a total loss of your investment amount For reference only if you set up a HKD 100000 6 month Time Deposit on 30 April 2015 the annual interest rate would be 005 and the principal and interest received at maturity would be HKD 10002500 Example 2 ndash European Range (where the Deposit Currency is not your home currency) Assuming the Deposit Currency is not your home currency and HKD is your home currency and you anticipate the Exchange Rate of AUDUSD will be above 10250 but below 10750 after 6 months and set up an European Range Investment with CNY 100000 as Principal Amount for 6 months taking AUDUSD as the Underlying Currency Pair Type of investment European Range (AUDUSD) Principal Guarantee 100 Deposit Currency CNY Guaranteed Principal CNY 100000 Deposit Period 6 months Trading Range AUDUSD 10250 (ldquoLower Barrierrdquo) to 10750 (ldquoUpper Barrierrdquo) (excluding both barriers) Potential Return Rate 300 (around 600 pa) Minimum Return Rate 150 (around 300 pa) HKDCNH (on deposit start date) 08000 Scenario I Best case scenario On the Final Exchange Rate Determination Date (assuming the exchange rate of HKDCNH remains unchanged) the Exchange Rate of AUDUSD is within the Trading Range (ie above 10250 but below 10750) you will receive Guaranteed Principal and Potential Return at maturity Total Return at Maturity = CNY 100000 x (1+300) = CNY 10300000 (with a gain of 300 of investment amount) Scenario II Middle-of-the road Gain scenario On the Final Exchange Rate Determination Date (assuming the exchange rate of HKDCNH remains unchanged) the Exchange Rate of AUDUSD is atbelow the Lower Barrier or atabove the Upper Barrier (ie atbelow 10250 or atabove 10750) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount)

0

Final Exchange Rate of

AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750

10250lt Final Exchange Rate of AUDUSD lt10750

Page 57 of 67

Scenario III Off-setting scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is atbelow the Lower Barrier or atabove the Upper Barrier (ie atbelow 10250 or atabove 10750) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a mild depreciation against HKD at maturity and the HKDCNH is 08120 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss will off-set the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 10150000 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08120 = CNY 101500 08120 = HKD 12500000 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY 100000 08000 = HKD 12500000 Gain(Loss) in home currency HKD 000 Scenario IV Loss and Worst case scenario On the Final Exchange Rate Determination Date the Exchange Rate of AUDUSD is atbelow the Lower Barrier or atabove the Upper Barrier (ie atbelow 10250 or atabove 10750) you will receive Guaranteed Principal and Minimum Return (if applicable) at maturity However assuming CNY has a significant depreciation against HKD at maturity and the HKDCNH is 08200 at maturity and you choose to convert the Total Return in CNY into HKD you will suffer a loss due to the depreciation of CNY Such loss exceeds the gain you can receive under the product Total Return at Maturity = CNY 100000 x (1+150) = CNY 101500 (with a gain of 150 of investment amount) Total Return at Maturity converted to HKD on the maturity date when HKDCNH depreciates to 08200 = CNY 101500 08200 = HKD 12378049 Less Initial Investment Amount in HKD on the deposit start date when HKDCNH was 08000 = CNY100000 08000 = HKD 12500000 Gain(Loss) in home currency HKD (121951) In the worst case scenario if HKDCNH rises drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) you will suffer almost total loss in HKD due to depreciation of Renminbi Scenario V The Bank becomes insolvent or defaults on its obligations Assuming that the Bank becomes insolvent during the tenor of this product or defaults on its obligations under this product you can only claim as its unsecured creditor You may get nothing back and suffer a total loss of your investment amount For reference only if you set up a CNY 100000 6 month Time Deposit on 30 April 2015 the annual interest rate would be 060 and the principal and interest received at maturity would be CNY 10030000 If the Deposit Currency is not your home currency your gain or loss will also be affected by the fluctuation of the exchange rate between the Deposit Currency and your home currency If the Deposit Currency has depreciated against your home currency the loss arising from such depreciation may offset or even exceed any potential gain from investing in this product In the worst case scenario if HKDCNH rises drastically (ie CNH depreciates relative to HKD drastically and becomes almost worthless) you will suffer almost total loss in HKD due to

0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 58 of 67

depreciation of Renminbi Please refer to the table below for details




How can you buy this product

bull You can place a Currency-Linked Capital Protected Investment Deposit through our Hang Seng Bank Branches telephone or Hang

Seng Personal or Business e-Banking

bull The Bank will provide a choice of different tranches which is subject to market conditions

bull Enquiry Hotline Personal 2822 0228

Business 2198 8000



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 999999000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 59 of 67




is 20 or above















Page 60 of 67


歐式區間投資

2018 年 5 月

重要資料概要







資料便覽


產品類別貨幣掛鈎投資存款 ndash 歐式區間投資 (「本產品」)











客戶提早終止權利沒有詳情請參閲「外滙掛鈎保本投資存款有哪些主要風險」ndash「提前提取終止之

風險」一欄





bull 歐式區間投資是本行其中一種「外滙掛鈎保本投資存款」其中包含（以存款貨幣作出的）定期存款及購買閣下所選擇掛鈎貨幣組合的期權

bull 閣下選擇適合自己需要之存款貨幣及掛鈎貨幣組合及由本行設定之交易區間

bull 於最終滙率釐定日銀行將比較有關掛鈎貨幣組合之滙率及交易區間如掛鈎貨幣組合滙率之走勢如閣下預期在交易區間以内閣下將獲

取本金及潛在回報如掛鈎貨幣組合滙率之走勢與閣下預期相反在交易區間以外閣下將獲取保證本金及最低回報（如適用）

bull 到期時所獲取之保證保證本金及回報（如有）以存款貨幣結算


Page 61 of 67



所有其他資料

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險










Page 62 of 67





可自由兌換貨幣人民幣兌其他外幣的價值會有波動並將受（其中包括）中華人民共和國政府的管制（例如中華人民共和國政府規管人

民幣與外幣之間的兌換）所影響而有關管制可能會在閣下將離岸人民幣兌換為閣下的本土貨幣時對閣下於「外滙掛鈎保本投資存款」的投

資回報有不利影響投資者須注意人民幣受限於中華人民共和國政府的外匯管制故投資者投資於涉及人民幣的「外滙掛鈎保本投資存

款」將要承受人民幣的貨幣風險

Page 63 of 67


bull 「本產品」是為投資目標為保本或要求獲取潛在現金收益之閣下而設計 bull 「本產品」内含衍生工具閣下購買掛鈎貨幣的期權 bull 持有「本產品」至到期日可獲取回100本金保證 bull 閣下自由選擇存款貨幣包括港元美元澳元英鎊歐羅日圓加元瑞士法郎紐元及人民幣及掛鈎貨幣組合包括澳元美

元英鎊美元歐羅美元美元日圓美元加元美元瑞士法郎紐元美元及美元離岸人民幣 bull 「本產品」的存款投資期為 2 個月或以上 bull 根據掛鈎貨幣組合之滙率之表現閣下有機會獲享較高之潛在回報 bull 到期時所獲取之保證本金及回報（如有）以存款貨幣結算 bull 銀行預先設定交易區間 bull 於最終滙率釐定日比較掛鈎貨幣組合之滙率及交易區間以決定到期之回報 bull 本產品之回報（如有）將於到期時支付 bull 未得銀行書面批准閣下不得於到期日前提取終止「本產品」詳情請參閲以下「閣下可否於到期前要求提早終止」一欄

情況分析



例子1 ndash 歐式區間（當存款貨幣是閣下的本土貨幣）

假設港元是閣下的本土貨幣及閣下預期澳元美元之滙率於6個月後在10250以上但低於10750及以本金港元 100000設立6個月歐式區間

投資並選擇澳元美元為掛鈎貨幣組合

投資種類歐式區間（澳元美元）


存款貨幣港元






情況1最佳情況

於最終滙率釐定日澳元美元之滙率在交易區間以内（即在10250以上但低於10750）閣下到期時可獲取保證本金及潛在回報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況

於最終滙率釐定日澳元美元之滙率相等於低於「滙率下限」或相等於高於「滙率上限」（即在10250或以下或在10750或以

上）閣下到期時可獲取保證本金及最低回報


= 港元 100000 x (1+0015)

= 港元 10001500





Page 64 of 67


例子2 ndash 歐式區間（當存款貨幣不是閣下的本土貨幣）

假設存款貨幣並非閣下之本土貨幣而閣下之本土貨幣為港元閣下預期澳元美元之滙率於6個月後在10250以上但低於10750及以

本金人民幣 100000設立6個月歐式區間投資並選擇澳元美元為掛鈎貨幣組合










情況1最佳情況

於最終滙率釐定日（假設港元離岸人民幣的匯率保持不變)澳元美元之滙率在交易區間以内（即在10250以上但低於10750）閣下

到期時可獲取保證本金及潛在回報


= 人民幣 100000 x (1+300)

= 人民幣 10300000



於最終滙率釐定日（假設港元離岸人民幣的匯率保持不變)澳元美元之滙率相等於低於「滙率下限」或相等於高於「滙率上

限」（即在10250或以下或在10750或以上）閣下到期時可獲取保證本金及最低回報（如適用）


= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況


上）閣下到期時可獲取保證本金及最低回報（如適用）假設在到期時人民幣對港元輕微貶值而在到期日港元離岸人民幣滙率為

08120閣下選擇把所得的人民幣總回報轉換成港元將會因人民幣貶值而承受虧損該潛在虧損將抵銷閣下從本產品所獲取的收益


= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 10250


回報圖示

到期時之回報



最低回報

10250 lt 澳元美元之最終滙率 lt 10750


ge 10750

10750

Page 65 of 67


於最終滙率釐定日澳元美元之滙率相等於低於「滙率下限」或相等於高於「滙率上限」（即在10250或以下或在10750或以上）

閣下到期時可獲取保證本金及最低回報（如適用）假設在到期時人民幣對港元顯著貶值而在到期日港元離岸人民幣滙率為08200閣

下選擇把所得的人民幣總回報轉換成港元將會因人民幣貶值而承受虧損該潛在虧損將超過閣下從本產品所獲取的收益


= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000


在最差情況下如港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元大幅貶值及變成幾乎毫無價值）以港元計算閣下將可能因人民幣貶值而遭受接近全部損失





如存款貨幣不是閣下之本土貨幣閣下之收益或虧損會因存款貨幣與本土貨幣之匯率波動而受影響如存款貨幣對本土貨幣之匯率貶值貶


大幅貶值及變成幾乎毫無價值）以港元計算閣下將可能因人民幣貶值而遭受接近全部損失詳情請參考下表

0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 66 of 67



在到期日若港元離岸人民幣之匯率大幅上升（即離岸人民幣對港元大幅貶值及變成幾乎毫無價值）閣下將人民幣計算之

總回報轉換成本土貨幣(港元) 時閣下可能損失接近全部投資金額之港元離岸人民幣匯率





費用及收費



不可未得銀行書面批准閣下不得於到期日前提取終止「外滙掛鈎保本投資存款」銀行有唯一和絕對酌情權根據銀行訂定之條件

給予或拒絕批准





期安排或




在若干情況下本行可以調整「外滙掛鈎保本投資存款」的若干條款及細則（包括部分主要日期）有關詳情請參閲「外滙掛鈎保本投資存

款」章則中的第7項細則


以下有關本產品的文件（「銷售文件」）載有關於本行以及本產品條款的詳細資料閣下在決定是否投資本產品前應閱讀及了解所有銷售文

件




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之



打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 67 of 67

其他資料

產品風險程度





聲明及備註


















of 67

NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong Derivatives risk Currency-Linked Capital Protected Investment Deposit is embedded with FX options Option transactions involve risks even when buying an option The optionrsquos value might become worthless if the market moves against your expectation Limited potential gain The maximum potential gain is limited to the pre-agreed ReturnCoupon calculated at the Potential ReturnCoupon Rate Not the same as buying the Underlying Currency Pair Investing in Currency-Linked Capital Protected Investment Deposit is not the same as buying the Underlying Currency Pair directly Market risk The investment return of Currency-Linked Capital Protected Investment Deposit is linked to the exchange rate of the Underlying Currency Pair Movements in exchange rates can be unpredictable sudden and drastic and affected by complex political and economic factors Liquidity risk Currency-Linked Capital Protected Investment Deposit is designed to be held till maturity The Bank may at its absolute discretion refuse to consent to any withdrawaltermination request before maturity Credit risk of the Bank Currency-Linked Capital Protected Investment Deposit is not secured by any collateral When you invest in Currency-Linked Capital Protected Investment Deposit you will be relying on the Bankrsquos creditworthiness If the Bank becomes insolvent or defaults on its obligations under a Currency-Linked Capital Protected Investment Deposit you can only claim as an unsecured creditor of the Bank In the worst case you could suffer a total loss of your investment amount Currency risk Exchange rate fluctuates and sometimes drastically If the Deposit Currency used for investment is not the home currency customarily used by you and thus conversion is required you should note that you may make a gain or suffer a loss due to exchange rate fluctuations When the deposit currency depreciates the loss from depreciation may set-off or even exceed the ReturnCoupon (if any) that you may receive from investing in the Currency-Linked Capital Protected Investment Deposit Risk of adjustments or early termination by the Bank Certain terms and conditions (including some of the key dates) of Currency-Linked Capital Protected Investment Deposit can be adjusted by the Bank this might have a negative impact on the ReturnCoupon (if any) of the Currency-Linked Capital Protected Investment Deposit Concentration Risks You should avoid excessive investment (in terms of its proportion of the overall portfolio) in any single type of investment so as to avoid the investment portfolio being over-exposed to any particular investment risk ReturnCoupon of Currency-Linked Capital Protected Investment Deposit In order to provide capital protection the investment strategy adopted for Currency-Linked Capital Protected Investment Deposit may lead to a dilution of performance when compared to non-capital protected products investing in similar markets You should be prepared to take the risks of earning a lower ReturnCoupon (if any) on the capital invested and losing the interest that might otherwise earned on money invested by way of deposits For Currency-Linked Capital Protected Investment Deposit (with potential multi-coupon) periodic Coupon may be payable to you For other types of Currency-Linked Capital Protected Investment Deposit no periodic ReturnCoupon will be payable to you prior to maturity Principal protection at maturity only You should understand that the Principal of the Currency-Linked Capital Protected Investment Deposit is capital-protected only when it is held to maturity If the Bank allows you to early withdrawterminate the Currency-Linked Capital Protected Investment Deposit with written consent the amount received by you upon early withdrawaltermination may be less than the amount initially invested by you Market Risks associated with Potential ReturnCoupon Apart from the ReturnCoupon calculated at the Minimum ReturnCoupon Rate (which may be set at zero) there is no guarantee of any ReturnCoupon calculated at the Potential ReturnCoupon Rate For Currency-Linked Capital Protected Investment Deposit (with potential multi-coupon) Coupon (if any) is payable only if the Currency-Linked Capital Protected Investment Deposit is held till the relevant Coupon Distribution Dates ReturnCoupon (if any) of Currency-Linked Capital Protected Investment Deposit depends on the market conditions at the time of the relevant determination Investment return on foreign exchange-linked products are dependent on the prices of inter-banksrsquo transactions on the linked exchange rate in the foreign exchange markets You should be fully aware of the risks relating to fluctuations in the linked exchange rates Factors affecting the performance of foreign exchange markets are numerous including but are not limited to changes in global and local investment sentiments interest rate policies fund flows political environment economic environment business and social conditions in the local marketplace If the market trend is different from the view taken by you there is an inherent risk that the total investment return that you may receive from Currency-Linked Capital Protected Investment Deposit will be less than the interest that would have been payable on a time deposit for the same tenor There is also an inherent risk that no ReturnCoupon calculated at the Potential ReturnCoupon Rate will be payable to you in respect of the Currency-Linked Capital Protected Investment Deposit Early WithdrawalTermination Risks Early withdrawaltermination by you is not allowed for Currency-Linked Capital Protected Investment Deposit and the capital of you will be invested in the Currency-Linked Capital Protected Investment Deposit for the entire investment period The Bank may at its absolute discretion refuse to give consent to any early withdrawaltermination request If the Bank allows you to early withdrawterminate the Currency-Linked Capital Protected Investment Deposit with written consent the Bank shall be entitled to deduct from the Principal of the relevant Currency-Linked Capital Protected Investment Deposit andor any other amount which may have accrued to you any expenses costs or damages to the Bank Damages may include any costs expenses liability or losses to the Bank as a result of the early withdrawaltermination by you Therefore there is no guarantee that you will be able to receive the Principal and the amount payable to you at early withdrawaltermination may be less than the Principal initially invested Besides If the Currency-Linked Capital Protected Investment Deposit is early withdrawnterminated you will no longer be entitled to any ReturnCoupon of the Currency-Linked Capital Protected Investment Deposit Risks associated with unsuccessful subscriptions of Currency-Linked Capital Protected Investment Deposit The Bank reserves the absolute right to approve any application and to decline any application received (whether in whole or any part thereof) before the Deposit Start Date In the event of non-acceptance a notification will be sent by the Bank and any subscription funds

Page 3 of 67








Page 4 of 67




09800 0







09000 0


Trigger Level


Return Diagram

Return at Maturity




Page 5 of 67





Page 6 of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09800 0







07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return



Breakeven = 08120^


Breakeven = 08240


0


HKDCNH = 9999990000

Page 7 of 67




Page 8 of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09000 0


Trigger Level


Return Diagram

Return at Maturity




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240



Page 9 of 67








is 20 or above














Page 10 of 67




Page 11 of 67



2018 年 5 月

重要資料概要







資料便覽














險」一欄






的期權






Page 12 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險































Page 13 of 67








風險




情況分析








存款貨幣港元






情況1最佳情況



= 港元100000 x (1+016)

= 港元10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500


Page 14 of 67










存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500







回報圖示

到期時之回報

0




觸發滙率 = 09800


回報圖示

到期時之回報

0




觸發滙率 = 09000


Page 15 of 67












情況1最佳情況




= 人民幣100000 x (1+300)

= 人民幣10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 16 of 67

= 人民幣 100000 08000

= 港元 12500000
















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



回報圖示

到期時之回報

0




觸發滙率 = 09800



打和水平 =

08120^


打和水平 =

08240



港元離岸人民幣 = 9999990000

Page 17 of 67












情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 18 of 67

= 人民幣 100000 08000

= 港元 12500000















回報圖示

到期時之回報

0




觸發滙率 = 09000


07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 19 of 67





費用及收費




或拒絕批准





安排或











其他資料

產品風險程度




戶查詢熱綫 2822 0228 查詢

聲明及備註


獨立專業意見
















Page 20 of 67



Dated May 2018


























Page 21 of 67


Page 22 of 67








Page 23 of 67




0

Exchange Rate of

AUDUSD le 09850




Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 24 of 67



0

Exchange Rate of

AUDUSD le 09850


Return Diagram

Return at Maturity


Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 25 of 67








Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 26 of 67




is 20 or above















Page 27 of 67


美式區間投資

2018 年 5 月

重要資料概要







資料便覽



























所有其他資料

Page 28 of 67

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險

















Page 29 of 67















情況分析








存款貨幣港元






情況1最佳情況


報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 30 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 31 of 67




= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000











0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 32 of 67









費用及收費




予或拒絕批准





期安排或











其他資料

產品風險程度



07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 33 of 67



聲明及備註


















Page 34 of 67



Dated May 2018







Quick facts



















Page 35 of 67


Page 36 of 67








Page 37 of 67




0







Page 38 of 67


0


le Trigger Level


Return Diagram

Return at Maturity




Page 39 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0



Return Diagram

Return at Maturity




Page 40 of 67





07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000



0


Breakeven = 08120^


Breakeven = 08240


Potential Return

Minimum Return


HKDCNH = 9999990000

Page 41 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0








Page 42 of 67











20 or above





Other information

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return

Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 43 of 67











Page 44 of 67



2018 年 5 月

重要資料概要







資料便覽














一欄




情況5



的期權






Page 45 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險



































Page 46 of 67




險














情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500

Page 47 of 67











存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500





0



回報圖示

到期時之回報


觸發滙率 = 09800



0



回報圖示

到期時之回報


觸發滙率 = 09000



Page 48 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 港元 100000 x (1+15)

= 港元 10150000



= 人民幣 101500 08200

= 港元12378049

Page 49 of 67

減去


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



0



回報圖示

到期時之回報


觸發滙率 = 09800




打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 50 of 67













情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 人民幣 100000 x (1+15)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去

Page 51 of 67


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之


0



回報圖示

到期時之回報


觸發滙率 = 09000





打和水平=

08120^


打和水平=


港元離岸人民幣 = 9999990000

Page 52 of 67





費用及收費




拒絕批准





排或











其他資料

產品風險程度




查詢熱綫 2822 0228 查詢

聲明及備註


立專業意見






中心二期 55 樓










Page 53 of 67



Dated May 2018


























Page 54 of 67


Page 55 of 67









Page 56 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 57 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 58 of 67










Business 2198 8000



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 999999000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 59 of 67




is 20 or above















Page 60 of 67


歐式區間投資

2018 年 5 月

重要資料概要







資料便覽














風險」一欄











Page 61 of 67



所有其他資料

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險










Page 62 of 67









Page 63 of 67




情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 64 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 65 of 67






= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000










0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 66 of 67









費用及收費









期安排或








件




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之



打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 67 of 67

其他資料

產品風險程度





聲明及備註


















of 67








Page 4 of 67




09800 0







09000 0


Trigger Level


Return Diagram

Return at Maturity




Page 5 of 67





Page 6 of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09800 0







07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return



Breakeven = 08120^


Breakeven = 08240


0


HKDCNH = 9999990000

Page 7 of 67




Page 8 of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09000 0


Trigger Level


Return Diagram

Return at Maturity




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240



Page 9 of 67








is 20 or above














Page 10 of 67




Page 11 of 67



2018 年 5 月

重要資料概要







資料便覽














險」一欄






的期權






Page 12 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險































Page 13 of 67








風險




情況分析








存款貨幣港元






情況1最佳情況



= 港元100000 x (1+016)

= 港元10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500


Page 14 of 67










存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500







回報圖示

到期時之回報

0




觸發滙率 = 09800


回報圖示

到期時之回報

0




觸發滙率 = 09000


Page 15 of 67












情況1最佳情況




= 人民幣100000 x (1+300)

= 人民幣10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 16 of 67

= 人民幣 100000 08000

= 港元 12500000
















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



回報圖示

到期時之回報

0




觸發滙率 = 09800



打和水平 =

08120^


打和水平 =

08240



港元離岸人民幣 = 9999990000

Page 17 of 67












情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 18 of 67

= 人民幣 100000 08000

= 港元 12500000















回報圖示

到期時之回報

0




觸發滙率 = 09000


07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 19 of 67





費用及收費




或拒絕批准





安排或











其他資料

產品風險程度




戶查詢熱綫 2822 0228 查詢

聲明及備註


獨立專業意見
















Page 20 of 67



Dated May 2018


























Page 21 of 67


Page 22 of 67








Page 23 of 67




0

Exchange Rate of

AUDUSD le 09850




Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 24 of 67



0

Exchange Rate of

AUDUSD le 09850


Return Diagram

Return at Maturity


Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 25 of 67








Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 26 of 67




is 20 or above















Page 27 of 67


美式區間投資

2018 年 5 月

重要資料概要







資料便覽



























所有其他資料

Page 28 of 67

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險

















Page 29 of 67















情況分析








存款貨幣港元






情況1最佳情況


報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 30 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 31 of 67




= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000











0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 32 of 67









費用及收費




予或拒絕批准





期安排或











其他資料

產品風險程度



07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 33 of 67



聲明及備註


















Page 34 of 67



Dated May 2018







Quick facts



















Page 35 of 67


Page 36 of 67








Page 37 of 67




0







Page 38 of 67


0


le Trigger Level


Return Diagram

Return at Maturity




Page 39 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0



Return Diagram

Return at Maturity




Page 40 of 67





07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000



0


Breakeven = 08120^


Breakeven = 08240


Potential Return

Minimum Return


HKDCNH = 9999990000

Page 41 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0








Page 42 of 67











20 or above





Other information

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return

Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 43 of 67











Page 44 of 67



2018 年 5 月

重要資料概要







資料便覽














一欄




情況5



的期權






Page 45 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險



































Page 46 of 67




險














情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500

Page 47 of 67











存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500





0



回報圖示

到期時之回報


觸發滙率 = 09800



0



回報圖示

到期時之回報


觸發滙率 = 09000



Page 48 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 港元 100000 x (1+15)

= 港元 10150000



= 人民幣 101500 08200

= 港元12378049

Page 49 of 67

減去


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



0



回報圖示

到期時之回報


觸發滙率 = 09800




打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 50 of 67













情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 人民幣 100000 x (1+15)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去

Page 51 of 67


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之


0



回報圖示

到期時之回報


觸發滙率 = 09000





打和水平=

08120^


打和水平=


港元離岸人民幣 = 9999990000

Page 52 of 67





費用及收費




拒絕批准





排或











其他資料

產品風險程度




查詢熱綫 2822 0228 查詢

聲明及備註


立專業意見






中心二期 55 樓










Page 53 of 67



Dated May 2018


























Page 54 of 67


Page 55 of 67









Page 56 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 57 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 58 of 67










Business 2198 8000



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 999999000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 59 of 67




is 20 or above















Page 60 of 67


歐式區間投資

2018 年 5 月

重要資料概要







資料便覽














風險」一欄











Page 61 of 67



所有其他資料

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險










Page 62 of 67









Page 63 of 67




情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 64 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 65 of 67






= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000










0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 66 of 67









費用及收費









期安排或








件




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之



打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 67 of 67

其他資料

產品風險程度





聲明及備註


















of 67




09800 0







09000 0


Trigger Level


Return Diagram

Return at Maturity




Page 5 of 67





Page 6 of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09800 0







07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return



Breakeven = 08120^


Breakeven = 08240


0


HKDCNH = 9999990000

Page 7 of 67




Page 8 of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09000 0


Trigger Level


Return Diagram

Return at Maturity




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240



Page 9 of 67








is 20 or above














Page 10 of 67




Page 11 of 67



2018 年 5 月

重要資料概要







資料便覽














險」一欄






的期權






Page 12 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險































Page 13 of 67








風險




情況分析








存款貨幣港元






情況1最佳情況



= 港元100000 x (1+016)

= 港元10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500


Page 14 of 67










存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500







回報圖示

到期時之回報

0




觸發滙率 = 09800


回報圖示

到期時之回報

0




觸發滙率 = 09000


Page 15 of 67












情況1最佳情況




= 人民幣100000 x (1+300)

= 人民幣10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 16 of 67

= 人民幣 100000 08000

= 港元 12500000
















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



回報圖示

到期時之回報

0




觸發滙率 = 09800



打和水平 =

08120^


打和水平 =

08240



港元離岸人民幣 = 9999990000

Page 17 of 67












情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 18 of 67

= 人民幣 100000 08000

= 港元 12500000















回報圖示

到期時之回報

0




觸發滙率 = 09000


07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 19 of 67





費用及收費




或拒絕批准





安排或











其他資料

產品風險程度




戶查詢熱綫 2822 0228 查詢

聲明及備註


獨立專業意見
















Page 20 of 67



Dated May 2018


























Page 21 of 67


Page 22 of 67








Page 23 of 67




0

Exchange Rate of

AUDUSD le 09850




Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 24 of 67



0

Exchange Rate of

AUDUSD le 09850


Return Diagram

Return at Maturity


Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 25 of 67








Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 26 of 67




is 20 or above















Page 27 of 67


美式區間投資

2018 年 5 月

重要資料概要







資料便覽



























所有其他資料

Page 28 of 67

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險

















Page 29 of 67















情況分析








存款貨幣港元






情況1最佳情況


報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 30 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 31 of 67




= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000











0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 32 of 67









費用及收費




予或拒絕批准





期安排或











其他資料

產品風險程度



07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 33 of 67



聲明及備註


















Page 34 of 67



Dated May 2018







Quick facts



















Page 35 of 67


Page 36 of 67








Page 37 of 67




0







Page 38 of 67


0


le Trigger Level


Return Diagram

Return at Maturity




Page 39 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0



Return Diagram

Return at Maturity




Page 40 of 67





07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000



0


Breakeven = 08120^


Breakeven = 08240


Potential Return

Minimum Return


HKDCNH = 9999990000

Page 41 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0








Page 42 of 67











20 or above





Other information

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return

Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 43 of 67











Page 44 of 67



2018 年 5 月

重要資料概要







資料便覽














一欄




情況5



的期權






Page 45 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險



































Page 46 of 67




險














情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500

Page 47 of 67











存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500





0



回報圖示

到期時之回報


觸發滙率 = 09800



0



回報圖示

到期時之回報


觸發滙率 = 09000



Page 48 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 港元 100000 x (1+15)

= 港元 10150000



= 人民幣 101500 08200

= 港元12378049

Page 49 of 67

減去


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



0



回報圖示

到期時之回報


觸發滙率 = 09800




打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 50 of 67













情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 人民幣 100000 x (1+15)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去

Page 51 of 67


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之


0



回報圖示

到期時之回報


觸發滙率 = 09000





打和水平=

08120^


打和水平=


港元離岸人民幣 = 9999990000

Page 52 of 67





費用及收費




拒絕批准





排或











其他資料

產品風險程度




查詢熱綫 2822 0228 查詢

聲明及備註


立專業意見






中心二期 55 樓










Page 53 of 67



Dated May 2018


























Page 54 of 67


Page 55 of 67









Page 56 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 57 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 58 of 67










Business 2198 8000



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 999999000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 59 of 67




is 20 or above















Page 60 of 67


歐式區間投資

2018 年 5 月

重要資料概要







資料便覽














風險」一欄











Page 61 of 67



所有其他資料

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險










Page 62 of 67









Page 63 of 67




情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 64 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 65 of 67






= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000










0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 66 of 67









費用及收費









期安排或








件




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之



打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 67 of 67

其他資料

產品風險程度





聲明及備註


















of 67





Page 6 of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09800 0







07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return



Breakeven = 08120^


Breakeven = 08240


0


HKDCNH = 9999990000

Page 7 of 67




Page 8 of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09000 0


Trigger Level


Return Diagram

Return at Maturity




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240



Page 9 of 67








is 20 or above














Page 10 of 67




Page 11 of 67



2018 年 5 月

重要資料概要







資料便覽














險」一欄






的期權






Page 12 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險































Page 13 of 67








風險




情況分析








存款貨幣港元






情況1最佳情況



= 港元100000 x (1+016)

= 港元10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500


Page 14 of 67










存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500







回報圖示

到期時之回報

0




觸發滙率 = 09800


回報圖示

到期時之回報

0




觸發滙率 = 09000


Page 15 of 67












情況1最佳情況




= 人民幣100000 x (1+300)

= 人民幣10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 16 of 67

= 人民幣 100000 08000

= 港元 12500000
















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



回報圖示

到期時之回報

0




觸發滙率 = 09800



打和水平 =

08120^


打和水平 =

08240



港元離岸人民幣 = 9999990000

Page 17 of 67












情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 18 of 67

= 人民幣 100000 08000

= 港元 12500000















回報圖示

到期時之回報

0




觸發滙率 = 09000


07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 19 of 67





費用及收費




或拒絕批准





安排或











其他資料

產品風險程度




戶查詢熱綫 2822 0228 查詢

聲明及備註


獨立專業意見
















Page 20 of 67



Dated May 2018


























Page 21 of 67


Page 22 of 67








Page 23 of 67




0

Exchange Rate of

AUDUSD le 09850




Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 24 of 67



0

Exchange Rate of

AUDUSD le 09850


Return Diagram

Return at Maturity


Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 25 of 67








Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 26 of 67




is 20 or above















Page 27 of 67


美式區間投資

2018 年 5 月

重要資料概要







資料便覽



























所有其他資料

Page 28 of 67

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險

















Page 29 of 67















情況分析








存款貨幣港元






情況1最佳情況


報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 30 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 31 of 67




= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000











0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 32 of 67









費用及收費




予或拒絕批准





期安排或











其他資料

產品風險程度



07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 33 of 67



聲明及備註


















Page 34 of 67



Dated May 2018







Quick facts



















Page 35 of 67


Page 36 of 67








Page 37 of 67




0







Page 38 of 67


0


le Trigger Level


Return Diagram

Return at Maturity




Page 39 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0



Return Diagram

Return at Maturity




Page 40 of 67





07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000



0


Breakeven = 08120^


Breakeven = 08240


Potential Return

Minimum Return


HKDCNH = 9999990000

Page 41 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0








Page 42 of 67











20 or above





Other information

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return

Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 43 of 67











Page 44 of 67



2018 年 5 月

重要資料概要







資料便覽














一欄




情況5



的期權






Page 45 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險



































Page 46 of 67




險














情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500

Page 47 of 67











存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500





0



回報圖示

到期時之回報


觸發滙率 = 09800



0



回報圖示

到期時之回報


觸發滙率 = 09000



Page 48 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 港元 100000 x (1+15)

= 港元 10150000



= 人民幣 101500 08200

= 港元12378049

Page 49 of 67

減去


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



0



回報圖示

到期時之回報


觸發滙率 = 09800




打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 50 of 67













情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 人民幣 100000 x (1+15)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去

Page 51 of 67


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之


0



回報圖示

到期時之回報


觸發滙率 = 09000





打和水平=

08120^


打和水平=


港元離岸人民幣 = 9999990000

Page 52 of 67





費用及收費




拒絕批准





排或











其他資料

產品風險程度




查詢熱綫 2822 0228 查詢

聲明及備註


立專業意見






中心二期 55 樓










Page 53 of 67



Dated May 2018


























Page 54 of 67


Page 55 of 67









Page 56 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 57 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 58 of 67










Business 2198 8000



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 999999000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 59 of 67




is 20 or above















Page 60 of 67


歐式區間投資

2018 年 5 月

重要資料概要







資料便覽














風險」一欄











Page 61 of 67



所有其他資料

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險










Page 62 of 67









Page 63 of 67




情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 64 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 65 of 67






= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000










0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 66 of 67









費用及收費









期安排或








件




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之



打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 67 of 67

其他資料

產品風險程度





聲明及備註


















of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09800 0







07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return



Breakeven = 08120^


Breakeven = 08240


0


HKDCNH = 9999990000

Page 7 of 67




Page 8 of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09000 0


Trigger Level


Return Diagram

Return at Maturity




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240



Page 9 of 67








is 20 or above














Page 10 of 67




Page 11 of 67



2018 年 5 月

重要資料概要







資料便覽














險」一欄






的期權






Page 12 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險































Page 13 of 67








風險




情況分析








存款貨幣港元






情況1最佳情況



= 港元100000 x (1+016)

= 港元10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500


Page 14 of 67










存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500







回報圖示

到期時之回報

0




觸發滙率 = 09800


回報圖示

到期時之回報

0




觸發滙率 = 09000


Page 15 of 67












情況1最佳情況




= 人民幣100000 x (1+300)

= 人民幣10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 16 of 67

= 人民幣 100000 08000

= 港元 12500000
















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



回報圖示

到期時之回報

0




觸發滙率 = 09800



打和水平 =

08120^


打和水平 =

08240



港元離岸人民幣 = 9999990000

Page 17 of 67












情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 18 of 67

= 人民幣 100000 08000

= 港元 12500000















回報圖示

到期時之回報

0




觸發滙率 = 09000


07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 19 of 67





費用及收費




或拒絕批准





安排或











其他資料

產品風險程度




戶查詢熱綫 2822 0228 查詢

聲明及備註


獨立專業意見
















Page 20 of 67



Dated May 2018


























Page 21 of 67


Page 22 of 67








Page 23 of 67




0

Exchange Rate of

AUDUSD le 09850




Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 24 of 67



0

Exchange Rate of

AUDUSD le 09850


Return Diagram

Return at Maturity


Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 25 of 67








Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 26 of 67




is 20 or above















Page 27 of 67


美式區間投資

2018 年 5 月

重要資料概要







資料便覽



























所有其他資料

Page 28 of 67

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險

















Page 29 of 67















情況分析








存款貨幣港元






情況1最佳情況


報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 30 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 31 of 67




= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000











0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 32 of 67









費用及收費




予或拒絕批准





期安排或











其他資料

產品風險程度



07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 33 of 67



聲明及備註


















Page 34 of 67



Dated May 2018







Quick facts



















Page 35 of 67


Page 36 of 67








Page 37 of 67




0







Page 38 of 67


0


le Trigger Level


Return Diagram

Return at Maturity




Page 39 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0



Return Diagram

Return at Maturity




Page 40 of 67





07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000



0


Breakeven = 08120^


Breakeven = 08240


Potential Return

Minimum Return


HKDCNH = 9999990000

Page 41 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0








Page 42 of 67











20 or above





Other information

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return

Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 43 of 67











Page 44 of 67



2018 年 5 月

重要資料概要







資料便覽














一欄




情況5



的期權






Page 45 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險



































Page 46 of 67




險














情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500

Page 47 of 67











存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500





0



回報圖示

到期時之回報


觸發滙率 = 09800



0



回報圖示

到期時之回報


觸發滙率 = 09000



Page 48 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 港元 100000 x (1+15)

= 港元 10150000



= 人民幣 101500 08200

= 港元12378049

Page 49 of 67

減去


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



0



回報圖示

到期時之回報


觸發滙率 = 09800




打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 50 of 67













情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 人民幣 100000 x (1+15)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去

Page 51 of 67


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之


0



回報圖示

到期時之回報


觸發滙率 = 09000





打和水平=

08120^


打和水平=


港元離岸人民幣 = 9999990000

Page 52 of 67





費用及收費




拒絕批准





排或











其他資料

產品風險程度




查詢熱綫 2822 0228 查詢

聲明及備註


立專業意見






中心二期 55 樓










Page 53 of 67



Dated May 2018


























Page 54 of 67


Page 55 of 67









Page 56 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 57 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 58 of 67










Business 2198 8000



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 999999000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 59 of 67




is 20 or above















Page 60 of 67


歐式區間投資

2018 年 5 月

重要資料概要







資料便覽














風險」一欄











Page 61 of 67



所有其他資料

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險










Page 62 of 67









Page 63 of 67




情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 64 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 65 of 67






= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000










0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 66 of 67









費用及收費









期安排或








件




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之



打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 67 of 67

其他資料

產品風險程度





聲明及備註


















of 67




Page 8 of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09000 0


Trigger Level


Return Diagram

Return at Maturity




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240



Page 9 of 67








is 20 or above














Page 10 of 67




Page 11 of 67



2018 年 5 月

重要資料概要







資料便覽














險」一欄






的期權






Page 12 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險































Page 13 of 67








風險




情況分析








存款貨幣港元






情況1最佳情況



= 港元100000 x (1+016)

= 港元10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500


Page 14 of 67










存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500







回報圖示

到期時之回報

0




觸發滙率 = 09800


回報圖示

到期時之回報

0




觸發滙率 = 09000


Page 15 of 67












情況1最佳情況




= 人民幣100000 x (1+300)

= 人民幣10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 16 of 67

= 人民幣 100000 08000

= 港元 12500000
















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



回報圖示

到期時之回報

0




觸發滙率 = 09800



打和水平 =

08120^


打和水平 =

08240



港元離岸人民幣 = 9999990000

Page 17 of 67












情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 18 of 67

= 人民幣 100000 08000

= 港元 12500000















回報圖示

到期時之回報

0




觸發滙率 = 09000


07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 19 of 67





費用及收費




或拒絕批准





安排或











其他資料

產品風險程度




戶查詢熱綫 2822 0228 查詢

聲明及備註


獨立專業意見
















Page 20 of 67



Dated May 2018


























Page 21 of 67


Page 22 of 67








Page 23 of 67




0

Exchange Rate of

AUDUSD le 09850




Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 24 of 67



0

Exchange Rate of

AUDUSD le 09850


Return Diagram

Return at Maturity


Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 25 of 67








Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 26 of 67




is 20 or above















Page 27 of 67


美式區間投資

2018 年 5 月

重要資料概要







資料便覽



























所有其他資料

Page 28 of 67

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險

















Page 29 of 67















情況分析








存款貨幣港元






情況1最佳情況


報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 30 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 31 of 67




= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000











0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 32 of 67









費用及收費




予或拒絕批准





期安排或











其他資料

產品風險程度



07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 33 of 67



聲明及備註


















Page 34 of 67



Dated May 2018







Quick facts



















Page 35 of 67


Page 36 of 67








Page 37 of 67




0







Page 38 of 67


0


le Trigger Level


Return Diagram

Return at Maturity




Page 39 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0



Return Diagram

Return at Maturity




Page 40 of 67





07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000



0


Breakeven = 08120^


Breakeven = 08240


Potential Return

Minimum Return


HKDCNH = 9999990000

Page 41 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0








Page 42 of 67











20 or above





Other information

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return

Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 43 of 67











Page 44 of 67



2018 年 5 月

重要資料概要







資料便覽














一欄




情況5



的期權






Page 45 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險



































Page 46 of 67




險














情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500

Page 47 of 67











存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500





0



回報圖示

到期時之回報


觸發滙率 = 09800



0



回報圖示

到期時之回報


觸發滙率 = 09000



Page 48 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 港元 100000 x (1+15)

= 港元 10150000



= 人民幣 101500 08200

= 港元12378049

Page 49 of 67

減去


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



0



回報圖示

到期時之回報


觸發滙率 = 09800




打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 50 of 67













情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 人民幣 100000 x (1+15)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去

Page 51 of 67


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之


0



回報圖示

到期時之回報


觸發滙率 = 09000





打和水平=

08120^


打和水平=


港元離岸人民幣 = 9999990000

Page 52 of 67





費用及收費




拒絕批准





排或











其他資料

產品風險程度




查詢熱綫 2822 0228 查詢

聲明及備註


立專業意見






中心二期 55 樓










Page 53 of 67



Dated May 2018


























Page 54 of 67


Page 55 of 67









Page 56 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 57 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 58 of 67










Business 2198 8000



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 999999000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 59 of 67




is 20 or above















Page 60 of 67


歐式區間投資

2018 年 5 月

重要資料概要







資料便覽














風險」一欄











Page 61 of 67



所有其他資料

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險










Page 62 of 67









Page 63 of 67




情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 64 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 65 of 67






= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000










0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 66 of 67









費用及收費









期安排或








件




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之



打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 67 of 67

其他資料

產品風險程度





聲明及備註


















of 67






Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

09000 0


Trigger Level


Return Diagram

Return at Maturity




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240



Page 9 of 67








is 20 or above














Page 10 of 67




Page 11 of 67



2018 年 5 月

重要資料概要







資料便覽














險」一欄






的期權






Page 12 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險































Page 13 of 67








風險




情況分析








存款貨幣港元






情況1最佳情況



= 港元100000 x (1+016)

= 港元10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500


Page 14 of 67










存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500







回報圖示

到期時之回報

0




觸發滙率 = 09800


回報圖示

到期時之回報

0




觸發滙率 = 09000


Page 15 of 67












情況1最佳情況




= 人民幣100000 x (1+300)

= 人民幣10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 16 of 67

= 人民幣 100000 08000

= 港元 12500000
















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



回報圖示

到期時之回報

0




觸發滙率 = 09800



打和水平 =

08120^


打和水平 =

08240



港元離岸人民幣 = 9999990000

Page 17 of 67












情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 18 of 67

= 人民幣 100000 08000

= 港元 12500000















回報圖示

到期時之回報

0




觸發滙率 = 09000


07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 19 of 67





費用及收費




或拒絕批准





安排或











其他資料

產品風險程度




戶查詢熱綫 2822 0228 查詢

聲明及備註


獨立專業意見
















Page 20 of 67



Dated May 2018


























Page 21 of 67


Page 22 of 67








Page 23 of 67




0

Exchange Rate of

AUDUSD le 09850




Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 24 of 67



0

Exchange Rate of

AUDUSD le 09850


Return Diagram

Return at Maturity


Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 25 of 67








Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 26 of 67




is 20 or above















Page 27 of 67


美式區間投資

2018 年 5 月

重要資料概要







資料便覽



























所有其他資料

Page 28 of 67

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險

















Page 29 of 67















情況分析








存款貨幣港元






情況1最佳情況


報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 30 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 31 of 67




= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000











0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 32 of 67









費用及收費




予或拒絕批准





期安排或











其他資料

產品風險程度



07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 33 of 67



聲明及備註


















Page 34 of 67



Dated May 2018







Quick facts



















Page 35 of 67


Page 36 of 67








Page 37 of 67




0







Page 38 of 67


0


le Trigger Level


Return Diagram

Return at Maturity




Page 39 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0



Return Diagram

Return at Maturity




Page 40 of 67





07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000



0


Breakeven = 08120^


Breakeven = 08240


Potential Return

Minimum Return


HKDCNH = 9999990000

Page 41 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0








Page 42 of 67











20 or above





Other information

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return

Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 43 of 67











Page 44 of 67



2018 年 5 月

重要資料概要







資料便覽














一欄




情況5



的期權






Page 45 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險



































Page 46 of 67




險














情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500

Page 47 of 67











存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500





0



回報圖示

到期時之回報


觸發滙率 = 09800



0



回報圖示

到期時之回報


觸發滙率 = 09000



Page 48 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 港元 100000 x (1+15)

= 港元 10150000



= 人民幣 101500 08200

= 港元12378049

Page 49 of 67

減去


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



0



回報圖示

到期時之回報


觸發滙率 = 09800




打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 50 of 67













情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 人民幣 100000 x (1+15)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去

Page 51 of 67


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之


0



回報圖示

到期時之回報


觸發滙率 = 09000





打和水平=

08120^


打和水平=


港元離岸人民幣 = 9999990000

Page 52 of 67





費用及收費




拒絕批准





排或











其他資料

產品風險程度




查詢熱綫 2822 0228 查詢

聲明及備註


立專業意見






中心二期 55 樓










Page 53 of 67



Dated May 2018


























Page 54 of 67


Page 55 of 67









Page 56 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 57 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 58 of 67










Business 2198 8000



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 999999000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 59 of 67




is 20 or above















Page 60 of 67


歐式區間投資

2018 年 5 月

重要資料概要







資料便覽














風險」一欄











Page 61 of 67



所有其他資料

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險










Page 62 of 67









Page 63 of 67




情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 64 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 65 of 67






= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000










0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 66 of 67









費用及收費









期安排或








件




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之



打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 67 of 67

其他資料

產品風險程度





聲明及備註


















of 67








is 20 or above














Page 10 of 67




Page 11 of 67



2018 年 5 月

重要資料概要







資料便覽














險」一欄






的期權






Page 12 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險































Page 13 of 67








風險




情況分析








存款貨幣港元






情況1最佳情況



= 港元100000 x (1+016)

= 港元10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500


Page 14 of 67










存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500







回報圖示

到期時之回報

0




觸發滙率 = 09800


回報圖示

到期時之回報

0




觸發滙率 = 09000


Page 15 of 67












情況1最佳情況




= 人民幣100000 x (1+300)

= 人民幣10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 16 of 67

= 人民幣 100000 08000

= 港元 12500000
















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



回報圖示

到期時之回報

0




觸發滙率 = 09800



打和水平 =

08120^


打和水平 =

08240



港元離岸人民幣 = 9999990000

Page 17 of 67












情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


Page 18 of 67

= 人民幣 100000 08000

= 港元 12500000















回報圖示

到期時之回報

0




觸發滙率 = 09000


07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 19 of 67





費用及收費




或拒絕批准





安排或











其他資料

產品風險程度




戶查詢熱綫 2822 0228 查詢

聲明及備註


獨立專業意見
















Page 20 of 67



Dated May 2018


























Page 21 of 67


Page 22 of 67








Page 23 of 67




0

Exchange Rate of

AUDUSD le 09850




Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 24 of 67



0

Exchange Rate of

AUDUSD le 09850


Return Diagram

Return at Maturity


Minimum Return


Exchange Rate of

AUDUSD ge 11150

11150

Page 25 of 67








Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 26 of 67




is 20 or above















Page 27 of 67


美式區間投資

2018 年 5 月

重要資料概要







資料便覽



























所有其他資料

Page 28 of 67

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險

















Page 29 of 67















情況分析








存款貨幣港元






情況1最佳情況


報


= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 30 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況



= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 31 of 67




= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000











0


le 09850

最低回報

回報圖示

到期時之回報


最低回報

潛在回報



ge 11150

11150

Page 32 of 67









費用及收費




予或拒絕批准





期安排或











其他資料

產品風險程度



07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報





打和水平=

08120^


打和水平=

08240


港元離岸人民幣 = 9999990000

Page 33 of 67



聲明及備註


















Page 34 of 67



Dated May 2018







Quick facts



















Page 35 of 67


Page 36 of 67








Page 37 of 67




0







Page 38 of 67


0


le Trigger Level


Return Diagram

Return at Maturity




Page 39 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0



Return Diagram

Return at Maturity




Page 40 of 67





07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000



0


Breakeven = 08120^


Breakeven = 08240


Potential Return

Minimum Return


HKDCNH = 9999990000

Page 41 of 67



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

viiii 9999990000 010 010 (12499990) (12499990)

103000 101500 12500000 10000008000


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

0








Page 42 of 67











20 or above





Other information

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

Minimum Return

Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 43 of 67











Page 44 of 67



2018 年 5 月

重要資料概要







資料便覽














一欄




情況5



的期權






Page 45 of 67



有其他資料

並非定期存款


衍生工具風險


潛在收益有限




市場風險


濟因素影響

流通性風險






貨幣風險



































Page 46 of 67




險














情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500

Page 47 of 67











存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況



= 港元 100000 x (1+0015)

= 港元 10001500





0



回報圖示

到期時之回報


觸發滙率 = 09800



0



回報圖示

到期時之回報


觸發滙率 = 09000



Page 48 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 港元 100000 x (1+15)

= 港元 10150000



= 人民幣 101500 08200

= 港元12378049

Page 49 of 67

減去


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報



0



回報圖示

到期時之回報


觸發滙率 = 09800




打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 50 of 67













情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000







= 人民幣 100000 x (1+15)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去

Page 51 of 67


= 人民幣 100000 08000

= 港元 12500000















07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之


0



回報圖示

到期時之回報


觸發滙率 = 09000





打和水平=

08120^


打和水平=


港元離岸人民幣 = 9999990000

Page 52 of 67





費用及收費




拒絕批准





排或











其他資料

產品風險程度




查詢熱綫 2822 0228 查詢

聲明及備註


立專業意見






中心二期 55 樓










Page 53 of 67



Dated May 2018


























Page 54 of 67


Page 55 of 67









Page 56 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 57 of 67


0


AUDUSD le10250


Return Diagram

Return at Maturity


Minimum Return


AUDUSD ge 10750

10750


Page 58 of 67










Business 2198 8000



Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

Receiving

Potential

Return

Receiving

Minimum

Return

(a) (b) (c)

= b a

(d) (e) (f) (g)

= e d

(h)

= f d

(i)

= g - c

(j)

= h - c

i 07800 13205128 13012821 705128 512821

ii 07900 13037975 12848101 537975 348101

iii 08000 12875000 12687500 375000 187500

iv 08100 12716049 12530864 216049 30864

v 08120 ^ 12684729 12500000 184729 000

vi 08200 12560976 12378049 60976 (121951)

vii 08240 12500000 12317961 000 (182039)

viii 08300 12409639 12228916 (90361) (271084)

ix 9999990000 010 010 (12499990) (12499990)


Exchange

Rate of

HKDCNH

Initial

Investment

Amount in

Renminbi

Initial

Investment

Amount in

HKD

Exchange Rate

of HKDCNH

Total Return in

Renminbi

Total Return in

HKD



currency (HKD)

103000 101500 12500000 10000008000

07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 999999000

Minimum Return


Potential Return


0


Breakeven = 08120^


Breakeven = 08240


HKDCNH = 9999990000


Page 59 of 67




is 20 or above















Page 60 of 67


歐式區間投資

2018 年 5 月

重要資料概要







資料便覽














風險」一欄











Page 61 of 67



所有其他資料

並非定期存款


衍生工具風險


值

潛在收益有限




市場風險



流通性風險






貨幣風險



有)




















息之風險










Page 62 of 67









Page 63 of 67




情況分析








存款貨幣港元






情況1最佳情況



= 港元 100000 x (1+016)

= 港元 10016000


情況2最差情況




= 港元 100000 x (1+0015)

= 港元 10001500





Page 64 of 67














情況1最佳情況




= 人民幣 100000 x (1+300)

= 人民幣 10300000






= 人民幣 100000 x (1+150)

= 人民幣 10150000


情況3抵銷情況





= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08120

= 港元 12500000

減去


= 人民幣 100000 08000

= 港元 12500000


0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 65 of 67






= 人民幣 100000 x (1+150)

= 人民幣 10150000



= 人民幣 101500 08200

= 港元 12378049

減去


= 人民幣 100000 08000

= 港元 12500000










0


le 10250


回報圖示

到期時之回報



最低回報



ge 10750

10750

Page 66 of 67









費用及收費









期安排或








件




07800 07850 07900 07950 08000 08050 08100 08150 08200 08250 08300 9999990000

最低回報




潛在回報

投資到期日之



打和水平=

08240


打和水平=


港元離岸人民幣 = 9999990000


Page 67 of 67

其他資料

產品風險程度





聲明及備註


















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