The Bank offers you with Stock Options Trading Service, helping you achieve various investment goals by reducing transaction costs, hedging market risks and locking in the ledger share profits.
Any SEHK Participant, holding positions in excess of the Reporting Level for its own account or for any client shall notify the recognized exchange company or the SFC.
For the requirement on aggregation of positions held or controlled by different persons, positions held or controlled at multiple firms, and reporting for omnibus accounts, please refer to the relevant paragraphs under the SFC's Guidance Note on Position Limits and Large Open Position Reporting Requirements.
For details, please refer to the HKEX website and SFC's Guidance Note on Position Limits and Large Open Position Reporting Requirements.
When a client holds or controls a reportable position in accounts at more than one Exchange Participant, the client should assume the sole responsibility to notify the SEHK of the reportable position.
For details, please refer to SFC's Guidance Note on Position Limits and Large Open Position Reporting Requirements.
Risk Disclosure Statement
Investment involves risks. The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities. This promotional content has not been reviewed by Securities and Futures Commission.
RMB is subject to exchange rate risk. RMB is not freely convertible. Conversion of RMB for customer is subject to the requirements specified by the Bank and /or Relevant Authorities from time to time.
The risk of loss in trading futures contracts or options is substantial. In some circumstances, you may sustain losses in excess of your initial margin funds. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily avoid loss. Market conditions may make it impossible to execute such orders. You may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You will remain liable for any resulting deficit in your account. You should therefore study and understand futures contracts and options before you trade and carefully consider whether such trading is suitable in the light of your own financial position and investment objectives. If you trade options you should inform yourself of exercise and expiration procedures and your rights and obligations upon exercise or expiry.
Information contained herein has been obtained from sources believed to be reliable. Shanghai Commercial Bank Ltd. has not verified and does not warrant or represent that such information is accurate or complete and it should not be relied upon as such. Shanghai Commercial Bank Ltd. accepts no liability for any loss or damage arising from any inaccuracies or omission or otherwise by reliance on any such information.