Stocks Monthly Investment Plan ("SMIP") Perpetual Brokerage Fee Waiver
1.
The promotion runs from 28 June 2010 until further notice (the "Promotional Period"). The Hong Kong and Shanghai Banking Corporation Limited ("HSBC") reserves the right to change the promotional end date and withdraw the offer at any time with reasonable notice at its discretion via any means selected by HSBC at its discretion.
2.
The SMIP Perpetual Brokerage Fee Waiver Offer ("Brokerage Waiver Offer") is open to all new and existing investment customers of HSBC.
3.
The Brokerage Waiver Offer is applicable to Customers who have any existing SMIP or set up a new SMIP during the Promotional Period through any channel (including branches).
4.
Under the Brokerage Waiver Offer, a brokerage waiver will be applied to purchase transactions of eligible SMIPs with a monthly investment contribution of under HK$20,000 per stock. For SMIPs with a monthly investment contribution of over HK$20,000 per stock, the first HK$20,000 per stock can enjoy the Brokerage Waiver Offer and the monthly investment contribution portion above HK$20,000 per stock will be subject to standard brokerage fee of 0.25%, with a minimum brokerage fee of HK$50 per stock.
General Terms and Conditions
1.
The offers described above are provided subject to prevailing regulatory requirements.
2.
In case of any dispute arising from this promotion, the decision of HSBC shall be final and conclusive.
3.
HSBC reserves the right to change these Terms and Conditions at any time with reasonable notice.
4.
In case of any discrepancies between the English and Chinese versions of these Terms and Conditions, the English version shall prevail.
Note:
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Investment involves risk. You should carefully consider whether any investment products or services mentioned herein are appropriate for you in view of your investment experience, objectives, financial resources and relevant circumstances. The price of stocks may move up or down and may become valueless. Losses may be incurred as well as profits made as a result of buying and selling stocks.
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The information in this document does not constitute an offer for the purchase of any investment in any products referred to herein.
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