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Partially Investment Amount Guaranteed upon redemption plus opportunity to
mature early |
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Potential opportunity to receive pre-determined Investment Returns with accurate
investment views |
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No handling or management fee to minimize investment cost |
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To satisfy Investors’ needs, Hang Seng Bank (China) Limited (the "Bank") now
offers new series of the Equity-Linked Partially Capital Protected
Investment Product –"Daily Chance" Autocallable ("Partially CPI Product").
With
accurate investment
views, Investors will have the chance to receive the Investment Amount
on an Early Maturity Date, and the chance to receive pre-determined
Investment Returns.
Advantages
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The entire Investment Amount will be payable if the Partially CPI Product is
held until the Early Maturity Date if as the early maturity event is triggered;
and a pre-determined percentage of Investment Amount will be guaranteed
on maturity |
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Linked with basket of stocks that are listed on pre-determined main foreign
stock exchanges. With accurate investment views, Investors have the chance
to receive Investment Returns linked to the performance of the Stocks in
the stock basket plus opportunity of early maturity. |
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No handling or management fee will be charged to minimize the investment
cost. |
How the "Equity-Linked Partially Capital Protected Investment Product"-"Daily Chance" Autocallable works
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The basket of stocks, Investment Return Rate, the Maturity Date, Conditional
Return Trigger Stock Price, Bonus Return Trigger Stock Price, Early Maturity
Trigger Stock Price, and Knock-In Level, will be pre-determined by the
Bank (please refer to the Term Sheet and Annex relating to the product
for details). |
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Investment Return (if any) consists of Conditional Return and Bonus Return
(as case may be). |
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Normally an Observation Period lasts for one month. |
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In respect of the first 3 Observation Periods; if the Closing Stock Price of
the Worst Performing Stock in the underlying Stock Basket is equal to or
greater than its Conditional Return Trigger Stock Price on any Exchange
Business Day in the first 3 Observation Periods, investors can receive
Conditional Return on the Investment Return Payment Date of the 3rd Observation
Period (as the case may be). |
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Starting from the
beginning of the 4th Observation Period, in respect of each Observation
Period, if the Closing Stock Price of the Worst Performing Stock in the
underlying Stock Basket is equal to or greater than its Bonus Return Trigger
Stock Price on any Exchange Business Day in such Observation Period; investors
can receive Bonus Return on the relevant Bonus Return for each period Payment
Dates (as the case may be). |
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Starting from the beginning of the 4th Observation Period, in respect of
each Observation Period, if the Closing Stock Price of the Worst Performing
Stock in the underlying Stock Basket is equal to or greater than its Early
Maturity Trigger Stock Price on any Exchange Business Day in such Observation
Period, the Partially CPI Product can be early matured or matured on the
relevant Early Maturity Date or Maturity Date (as the case may be). |
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If up to last Exchange Business Date of last Observation Period, the daily
Closing Stock Price of the Worst Performing Stock in the underlying Stock
Basket has been below Early Maturity Trigger Stock Price, and the Closing
Stock Price of any Stock in the underlying Stock Basket has not been below
Knock-In Level during all Observation Periods, the Investor can have the
entire investment amount redeemed at maturity. |
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If up to last Exchange Business Date of last Observation Period, the daily
Closing Stock Price of the Worst Performing Stock in the underlying Stock
Basket has been below Early Maturity Trigger Stock Price, and the Closing
Stock Price of any Stock in the underlying Stock Basket has been below
Knock-In Level during all Observation Periods, the Investment Amount Percentage
Calculation Formula at Maturity Date is calculated according to the following
formula: Min [100%, Max (80%,closing price of Worst Performing Stock of
last Exchange Business Day of last Observation Period /initial price of
Worst Performing Stock)]. Otherwise, the100% of Investment Amount will
be paid at maturity. |
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