General Terms and Conditions

1. Promotion Offers are valid from 1 January 2018 to 30 June 2018 (both dates inclusive) (the "Promotion Period").
2. "Welcome Offer" is only applicable to new securities customers ("New Securities Customers") who did not maintain any Securities account (whether in the customer's sole name or joint-name with other person(s)) with Dah Sing Bank, Limited ("the Bank") at any time during the period from 1 July 2017 to 31 December 2017 and open new Securities accounts with the Bank for the first time during the "Promotion Period".
3. The customers' eligibility and calculations on offers and rewards will be based on the Bank's transaction records.
4. Offers and rewards are not transferable and cannot be exchanged for cash or other discounts.
5. Private Banking customers, customers who opened accounts under company name and staff of Dah Sing Financial Group and its affiliates are not eligible for all offers and rewards.
6. The offer and rewards cannot be used in conjunction with any other promotional offers of the Bank. The Bank reserves the right to terminate or amend the above offers, rewards and their terms and conditions at any time without prior notice. In case of dispute, the decision of the Bank shall be final and conclusive.

"Welcome Offer" Terms and Conditions (Applicable to New Securities Customers)

"Buy Brokerage Fee Waiver for the first 3 months"

1. "Buy Brokerage Fee Waiver for the first 3 months" offer is only applicable to New Securities Customers and valid for the first three months starting from the date of Securities account opening in the "Promotion Period" (the "Offer Period"). "Buy Brokerage Fee Waiver for the first 3 months" offer is only applicable to successfully buy transactions of Hong Kong Listed Securities, Shanghai A Shares and/or Shenzhen A Shares conducted via any transaction channel through New Securities Customers' valid Securities account maintained with the Bank. For such offer, there is no limit on the number of trades. The maximum brokerage fee waiver is HK$7,500 or its equivalent for VIP Banking Customers, who must still be VIP Banking Customers at the time the brokerage fee rebate is credited; otherwise, the maximum brokerage fee waiver will be HK$3,000 or its equivalent as for General Customers. The calculation of the above maximum brokerage fee waiver includes the brokerage fee of all transaction channels.
2. Brokerage fee of RMB denominated Hong Kong Listed Securities, Shanghai A Shares and/or Shenzhen A Shares will be converted to HKD based on the corresponding RMB exchange rate determined by the Bank for calculating the maximum brokerage fee waiver.
3. Customers who are eligible for "Buy Brokerage Fee Waiver for the first 3 months" are required to pay brokerage fees upfront at the rate of respective transaction channel. The waived brokerage fees will be reimbursed to eligible customers' Settlement accounts within 2 months in form of cash rebates after the end of the "Offer Period".
4. Customers still have to pay other transaction fees, including but not limited to transaction levy charged by the Securities and Futures Commission of Hong Kong, trading fee charged by the Hong Kong Stock Exchange , Hong Kong stamp duty, stamp duty charged by the State Administration of Taxation, securities management fee charged by China Securities Regulatory Commission, handling fee charged by SSE/SZSE and transfer fee charged by China Securities Depository and Clearing Corporation Limited
5. Customers must maintain the relevant valid Securities accounts and Settlement accounts at the time the brokerage fee rebate is credited in order to be entitled to this offer.

"E-Transaction Cash Reward up to HK$300"

1. New Securities Customers who successfully execute Hong Kong Listed Securities, Shanghai A Shares and/or Shenzhen A Shares via Mobile Securities "Easy Trade" Platform and/or i-Securities Internet Trading Services and accumulate the designated number of buy / sell transactions by 31 July 2018 (excluding any IPO application, Stocks Investment Saving Plans and odd lots order) can enjoy up to HK$300 cash reward. VIP Banking Customers can enjoy up to HK$300 cash reward, and must still be VIP Banking Customers at the time the cash reward is credited; otherwise, they can only enjoy up to HK$150 cash reward as for General Customers, details please refer to the e-Transaction Cash Reward table.
2. Each New Securities Customers can only enjoy the offer once. The cash reward will be credited into eligible customers' Settlement accounts by 30 September 2018. Customers must maintain the relevant valid Securities accounts and Settlement accounts at the time the cash reward is credited in order to be entitled to this offer.

"E-Investment Account Cash Reward HK$100"

1. VIP Banking Customers who open New Securities Account, New Investment Fund Account and e-Banking Services within the "Promotion Period" can enjoy HK$100 cash reward.
2. New Investment Fund Account refers to customers who open new Investment Fund accounts of the Bank for the first time during the "Promotion Period" and did not maintain any Investment Fund account (whether in the customer's sole name or joint-name with other person(s)) with the Bank at any time during the period from 1 July 2017 to 31 December 2017.
3. Customers must have valid email address to open e-Banking Services successfully.
4. The cash reward will be credited into eligible customers' Settlement accounts by 30 September 2018. Customers must maintain the relevant valid Securities accounts, Settlement accounts, Investment Fund accounts and e-Banking Services at the time the cash reward is credited in order to be entitled to this offer.

Other Privileged Offers Terms and Conditions (Applicable to both New and Existing Securities Customers)

"Brokerage Fee Rate as low as 0.1%"

1. VIP Banking Customers and General Customers can enjoy "Securities Trading Brokerage Fee at 0.125%" offer and "Securities Trading Brokerage Fee at 0.15%" offer respectively for the trades of Hong Kong Listed Securities, Shanghai A Shares and/or Shenzhen A Shares successfully executed via Mobile Securities "Easy Trade" Platform and/or i-Securities Internet Trading Services during the "Promotion Period" through valid Securities accounts maintained with the Bank. The minimum brokerage charge is HK$90 (for HKD denominated transaction)/RMB80 (for CNY denominated transaction) per transaction. If customers' account type is changed during the "Promotion Period", the brokerage fee offer of the respective account type will be effective within 3 working days from the day of successfully change of account type.
2. VIP Banking Customers and General Customers can enjoy "Securities Trading Brokerage Fee at 0.15%" offer and "Securities Trading Brokerage Fee at 0.18%" offer respectively for the trades of Hong Kong Listed Securities successfully executed via Branch Securities Trading Centers during the "Promotion Period" through valid Securities accounts maintained with the Bank. The minimum brokerage charge is HK$90 (for HKD denominated transaction)/RMB80 (for CNY denominated transaction) per transaction. If customers' account type is changed during the "Promotion Period", the brokerage fee offer of the respective account type will be effective within 3 working days from the day of successfully change of account type.
3. The "Securities Trading Brokerage Fee Rate at 0.1%" offer is applicable to VIP Banking Customers for each successfully executed Hong Kong Listed Securities, Shanghai A Shares and/or Shenzhen A Shares transaction that reaches HK$1million/RMB1million or above via any transaction channel during the "Promotion Period" through valid Securities accounts maintained with the Bank. For customers who are entitled to "Securities Trading Brokerage Fee Rate at 0.1%" offer, they are required to pay brokerage fees upfront at the rate of respective transaction channel. The waived brokerage amount entitled will be reimbursed to eligible customers' Settlement accounts in form of cash rebates by 30 September 2018. Customers must still be VIP Banking customers and maintain the relevant valid Securities accounts and Settlement accounts at the time brokerage fee rebate is credited in order to be entitled to this offer.
4. During the Promotion Period, New Securities Customers' sell transactions and transactions after the "Offer Period" or exceeding the maximum waiver amount of the "Buy Brokerage Fee Waiver for the first 3 months", customers can enjoy relevant brokerage fee offer for their buy/sell trades of Hong Kong Listed Securities, Shanghai A Shares and/or Shenzhen A Shares conducted via the aforementioned designated channels as described above.

"Stocks Transfer-in Cash Reward up to HK$7,000"

1. Customers who successfully deposit Hong Kong Listed Securities (Warrants & Callable Bull/Bear Contract are excluded) and/or Shanghai A Shares and/or Shenzhen A Shares into their Securities accounts with the Bank via Central Clearing and Settlement System (CCASS) from other banks or securities firms (excluding Dah Sing Financial Group and its subsidiaries) during the "Promotion Period" can enjoy HK$200 cash reward for accumulating every HK$200,000 market value of stocks deposited. The aggregate market value of stocks deposited is calculated on a per account basis. VIP Banking Customers can enjoy up to HK$7,000 cash reward, and must still be VIP Banking Customers at the time the cash reward is credited; otherwise, they can only enjoy up to HK$3,000 cash reward as for General Customers.
2. If there is any withdrawal of stocks either through CCASS or by physical scrip within the "Promotion Period", customers will not be eligible for this offer. If customers sell stocks deposited through the Securities account of the Bank, the aggregate market value of stocks deposited for this offer will not be affected.
3. Market value is calculated on the closing price and the exchange rate of the stock on the deposit day. For deposit of RMB denominated securities, the market value will be converted to HKD based on the corresponding RMB exchange rate determined by the Bank to calculate the deposited stocks aggregate market value.
4. If the accumulated market value of stocks deposited falls short of HK$200,000, customers will not be eligible for this offer. Any part of the accumulated market value in excess of HK$200,000 which falls short of its multiple will not be counted for the cash reward. The amount of cash reward entitled is fixed at HK$200 or its multiple, depending on the accumulated market value deposited.
5. The cash reward will be credited into eligible customers' Settlement accounts by 30 September 2018. Customers must still maintain the relevant valid Securities accounts and Settlement accounts at the time the cash reward is credited in order to be entitled to this offer.

"Securities e-Advice Cash Reward HK$50"

1. Customers who subscribe Securities e-Advice Service for the first time can enjoy HK$50 cash reward. Customers who subscribe Securities e-Advice Service for the first time refers to customers who have never subscribed Securities e-Advice Service before 1 January 2018.
2. The cash reward will be credited into eligible customers' Settlement accounts by 30 September 2018. Customers must be still using Securities e-Advice Service and maintain the relevant valid Securities accounts, Settlement accounts at the time the cash reward is credited in order to be entitled to this offer.

Note: If there is discrepancy between the English and the Chinese versions hereof, the Traditional Chinese version shall prevail.

Securities Services Risk Disclosure:

Investment involves risks. The prices of securities fluctuate, sometimes dramatically. The price of securities 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 securities. Customers should carefully consider whether the investment products or services mentioned herein are appropriate for them in view of their investment experience, objectives and risk tolerance level, and read the terms and conditions of relevant Securities Services before making any investment decision. For the details of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, please refer to the relevant materials which include the risk of investment via Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.

Currency Risk Disclosure:

Exchange of renminbi (RMB) to HKD or other currencies is subject to currency exchange rate fluctuation. Customers should bear the risk of RMB exchange rate fluctuations which may cause profit or loss if customer chooses to convert RMB to HKD or other currencies. RMB is currently subject to exchange controls imposed by the PRC government, the exchange rate may be easily affected by change in government policies.

Unless the context requires otherwise, this document does not constitute any offer, invitation or recommendation to any person to enter into any securities transaction, nor does it constitute any prediction of likely future movements in prices of any securities. This document has not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong.