HSBC Jade e-newsletter – Q2 2021

A world of wealth privileges, all in one place

Experience a world of wealth management privileges with HSBC Jade, and the dolce vita lifestyle that comes along. Proudly introducing our latest bespoke products and services, as well as the exclusive experiences HSBC has to offer. Read on to see how you can gain access to a wider world.



Bespoke Product
  • Professional Investor

Bespoke Service
  • Family Service
  • Investor Profile
  • HSBC Jade Concierge

Exclusive Wealth
Insights

  • #WhyESGMatters

Latest Offers
  • HSBC Jade Privileges
  • Rosewood Hotels
  • Wealth Offers

Featured Initiative
  • #SupportEntreprenHER

Bespoke Product
Steer your investments in the right direction with HSBC Jade


Have you been thinking of broadening your investment portfolio but aren’t excited by public offerings? Become a Professional Investor with HSBC Jade to gain access to exclusive wealth products such as Private Placement Note, Dedicated Bond Service and Private Placement on bonds. Your new status lets you enjoy investment options previously out of reach and puts you in better control of your assets.

With Private Placement Note, you can unlock the advantages and flexibility of trading ETFs and over 250 other Hong Kong and US-listed securities. You will also enjoy access to primary and secondary bond markets that allow you to capture global investment opportunities with Dedicated Bond Service, including institutional investment-grade and high-yield bonds. HSBC Jade even gives you access to Private Placement on bonds that are typically offered only to Private Banking clients.

As a Professional Investor, you have all the tools you need to make the right decisions when it comes to your investments. HSBC Jade can help you make that happen.

You can become a Professional Investor if you have HKD8 million or equivalent in assets (e.g. Investments, Bonds, Unit Trusts, Equity-linked Investments, or other investment products), Certificates of Deposit, cash, or cash equivalent deposits. If you want to become a member of this exclusive circle, speak to your dedicated HSBC Jade Director about upgrading your service and find out more today.

 


Bespoke Service
HSBC Jade takes care of what matters

 

Family upgrades


We understand that family comes first no matter what, which is why we work hard to take care of your wealth so that you can take care of your family.

HSBC Jade now offers you an enhanced Family Service - your spouse and up to 3 children, age 18 or above can join HSBC Premier with a below balance fee waiver. They can enjoy all the perks of an HSBC Premier account, such as a dedicated Relationship Manager, overseas accounts and worldwide Premier support. With HSBC Jade, you don’t have to worry about your children studying abroad, or family members living overseas.

Your loved ones deserve comprehensive service and unwavering support. The Family Service is always available as long as you maintain HSBC Jade status.

Contact your HSBC Jade Director to learn more.

 

Investor Profile


Let our HSBC Jade Director and the dedicated team of wealth management professionals help design your portfolio. Set up your Investor Profile today and the team will help identify your unique investment needs, so you can reach your wealth goals, faster.

Creating your profile is very simple. Meet with your HSBC Jade Director to set your investment preferences regarding Risk Tolerance, Investment Tenor, Liquidity, Capital Protection Features and Product Preferences.

Once you’ve set up your Investor Profile, your dedicated team of experts can better understand your investment needs to make sure you’re on track to achieving your financial goals.

Contact your HSBC Jade Director today and see how setting up an Investor Profile can elevate your bespoke banking experience. You can book an appointment at one of the HSBC Jade Centres where you can handle your finances privately and at your own pace.

Note: Investor Profile is currently only available to local HSBC Jade clients in Hong Kong.

 

HSBC Jade Concierge Service


With HSBC Jade, you can enjoy services beyond wealth management that get down to the finest detail. We have teamed up with Ten Lifestyle Group to provide a 24/7 concierge service to cater to your every need.

Whether you’re new or a seasoned member of HSBC Jade, we hope you can make the most of this personalised service. Not only do you get exclusive offers at restaurants, hotels and our other lifestyle partners, but also complimentary gifts, access to private events and fun activities with your family and friends, so that your bespoke experience can be extended to life’s more meaningful moments.

Activate your HSBC Jade concierge service by calling +852 6963 0030 today. A team of professional Lifestyle Managers are waiting to be of service.

Note: HSBC Jade clients will enter into a direct agreement with the Ten Lifestyle Group PLC under which Ten Lifestyle Group PLC and its affiliates will deliver the lifestyle service available under the HSBC Jade concierge service. HSBC will not be a party to that agreement and will not be responsible for the delivery of the lifestyle services. The HSBC Jade concierge service digital platform is owned and operated by Ten Lifestyle Group PLC.

 


#WhyESGMatters: The rise of 'green' hydrogen
Hydrogen. The future of green economy.


In the transition to a low-carbon economy, green hydrogen is set to play a bigger role as a form of clean energy. Its growth prospects are supported by application towards a wide range of sectors, declining production costs and favourable government policies. HSBC Jade helps you to explore the relevant investment opportunities in our latest insights report.

Read report

 


Latest Offers
HSBC Jade upgrades your lifestyle and makes your wealth work harder for you

 

HSBC Jade Privileges


Whatever your passion, HSBC Jade has something on offer for you, from tailored experiences with Aman Resorts and the Mandarin Oriental, to Private Client membership from Farfetch, there’s so much more to discover with HSBC Jade.

With the new HSBC Jade Privileges platform, you can view all available offers in one place, add new offers to your favourites and redeem them at any time with just a few clicks.

Offer Highlights:

 

Farfetch

HSBC Jade clients can become Farfetch Private Client members upon first purchase of HKD 1,100 or more. Being a Private Client member gives you access to all sorts of perks like access to personal shoppers and style advisors as well as exclusive first looks at VIP sales, pre-orders and curated pieces.

Christie's

At Christie’s auction house, discerning HSBC Jade clients have access to exclusive events, international previews, and private tours throughout the year.

What’s more, you can enjoy exclusive deals from Watchbox, wine concierge services from Berry Bros. & Rudd, invitation-only luxury travel experience with Abercrombie & Kent, and more.

Make the most of your HSBC Jade benefits, simply log on to HSBC Jade Privileges with your Jade client number which is printed at the back of your HSBC Jade Debit Card to browse and redeem offers today.

Visit privileges.jade.hsbc.com/hk/en-gb/ for access or for more information.

 

Rosewood Hotels

Being one of our global partners, Rosewood Hotels are synonymous with luxury. HSBC Jade clients can enjoy exclusive benefits at 7 selected Rosewood hotels in Asia. Simply make a reservation as an HSBC Jade client and you can unlock benefits such as complimentary upgrades, hotel credit, daily breakfast and more.  

Benefits:

  • USD100 hotel credit
  • Daily breakfast for 2
  • Complimentary champagne as a welcome gift
  • Complimentary upgrade at check in (subject to availability)
  • Complimentary dessert at Holt's Café
  • Complimentary champagne at The Legacy House and PDR (Private Dining Room): One glass of champagne per guest or one bottle of champagne for any group of 4 and above
  • Priority restaurant booking through a dedicated email address: hongkong.fbprivilegebooking@rosewoodhotels.com

Offer valid:
Now - December 29, 2021

Book Manor Club (executive club) rooms and enjoy these benefits:

  • USD100 hotel credit
  • Daily breakfast for 2 at Manor Club
  • Manor Club facilities
  • Complimentary upgrade at check in (subject to availability)

Offer valid:
Now - December 29, 2021

Benefits:

  • USD100 hotel credit
  • Daily breakfast for 2
  • Complimentary upgrade at check in (subject to availability)

Offer valid:
Now - December 29, 2021

Benefits:

  • USD100 food and beverage credit
  • Daily breakfast for 2
  • Complimentary upgrade at check in (subject to availability)

Offer valid:
Now - December 29, 2021

Benefits:

  • USD100 spa credit at Sense, a Rosewood Spa
  • Daily breakfast for 2 in Lakron European Brasserie
  • Complimentary upgrade at check in (subject to availability)

Offer valid:
Now - December 29, 2021

Benefits:

  • USD100 hotel credit
  • Daily breakfast for 2
  • Complimentary upgrade at check in (subject to availability)
  • Early check in (subject to availability)
  • Late check out until 2pm (subject to availability)

Offer valid:
Now - December 29, 2021

Benefits:

  • USD100 hotel credit
  • Daily breakfast for 2
  • Complimentary upgrade at check in (subject to availability)
  • Early check in (subject to availability)
  • Late check out until 2pm (subject to availability)

Offer valid:
Now - December 29, 2021

Capture the unparalleled privileges and enjoy a great getaway you deserve with Rosewood.
Visit www.rosewoodhotels.com/en/jade to learn more.

Rosewood Hotels Promotional Terms & Conditions
  1. Offers are applicable exclusively to HSBC Jade clients (“Jade Clients”) of The Hongkong Shanghai Banking Corporation Limited (the “Bank”) in the Hong Kong Special Administrative Region only. Please check with the respective offer providers (“Partners”) for details.
  2. The offers are only applicable at participating hotels and available while products and/ or service last. Please check with the respective Partners for details.
  3. The offers cannot be exchanged for cash, other products and services or discounts and are not transferable.
  4. The offers shall be terminated immediately upon closure of the participating hotels or business shutdown.
  5. In case of renovation in any of the participating Partners, no offers will be available. Please check with the respective Partners for details.
  6. The offers are subject to additional terms and conditions set out by the Partners. In the event of any discrepancy shall apply and prevail. Please check with respective Partners for details.
  7. Prices and product/service/offer descriptions are provided by relevant Partners and are for reference only. Jade Clients understand and accept that the Bank is not the supplier of such products/services/offers purchased and Jade Clients should refer to the respective Partners for details. The Bank accepts no liability for the quality of products/services provided by the Partners.
  8. No person other than the Jade Client and the Bank (which includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provisions of these terms and conditions.
  9. The Bank and the respective Partners reserve the right to alter or terminate the offers and amend the terms and conditions at any time. The Bank will not notify the Jade Client separately of any such change. In case of any disputes, the decision of the Bank and/or the respective Partners shall be final and conclusive.
  10. In case of any disputes, Jade Client are required to present the relevant original sales receipts for further investigation by the Bank.
  11. These terms and conditions are subject to prevailing regulatory requirements.
  12. These terms and conditions shall be construed and governed in accordance with the laws of the Hong Kong Special Administrative Region.
  13. In the event of any discrepancy or inconsistency between the English version and the Chinese version of this document and these terms and conditions, the English version shall apply and prevail.

 

Wealth Offers


HSBC Jade is here to support you when it comes to managing and growing your wealth. Enjoy wealth offers and special privileges specifically for your financial portfolio.

First time Bond / Certificates of Deposit (“CD”) Offer Get a 0.1% Cash Rebate of up to HKD 3,000 for your First time purchases of Bonds or Certificates of Deposit (“CD”). This offer is available to new-to-bond/CD customers purchasing through HSBC branches or via the HSBC Mobile Banking App.  

Terms & Conditions apply.
Time Deposit Offer with Foreign Exchange Enjoy a preferential time deposit rate when placing a time deposit with the specified amount while trading designated currencies during the promotional period:

Examples (as of 1 April 2021):
  • 1-week GBP rates after placing the time deposit: 9.8% p.a.
  • 1-month GBP rates after placing the time deposit: 2.0% p.a.
Terms & Conditions apply.

 


Featured Initiative

 

#SupportEntreprenHER - Celebrating women entrepreneurs


HSBC Jade is delighted to announce the launch of #SupportEntreprenHER, a campaign to empower women looking to start their own business, or to take their current one to the next level.

We have partnered with Selina Kong, Founder and CEO of The Big Things Group and Dr Ayesha Khanna, Co-Founder and CEO of ADDO AI, to hear first-hand how they have navigated the challenges of starting and running a successful business.

HSBC has been supporting entrepreneurs across the world for 156 years. We take pride in helping our customers turn business visions into commercial realities, and in helping startups grow into international players.

You can follow #SupportEntreprenHER and share your thoughts on Instagram and LinkedIn @HSBC, @Selinakong and @Ayeshakhanna.

 

 

HSBC Jade has so much more to offer. So stay tuned, there are many more journeys to undertake.

Visit our website, contact your HSBC Jade Director, or call HSBC Jade Dedicated Service Line +852 2233 3033 to discover more bespoke privileges.

 

Remarks

Terms & Conditions apply to the above products, services and offers.

The information shown in this website is neither a recommendation, an offer, nor a solicitation for any investment product or service. Investment involves risk. You should carefully consider whether any investment product or service mentioned herein is appropriate for you in view of your personal circumstances. Past performance is no guide to future performance. Investors should refer to the individual product explanatory memorandum or offering document for further details and risks involved. The price of investment products may move up or down. Losses may be incurred as well as profits made as a result of buying and selling investment products.

 


 

Risk Disclosure Risk Disclosure

Risk disclosure for Stocks:

  • Stocks may be considered as part of a healthy, diversified portfolio.
  • 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. Losses may be incurred as well as profits made as a result of buying and selling stocks. Frequent trading in stocks will incur greater fees, in terms of brokerage and associated trading costs, notwithstanding the offer of preferential rates, and this may impact your investment returns from trading. The information above is neither a recommendation, an offer to sell, no solicitation of an offer to purchase any investment. The Bank does not provide investment advice.
  • Depending on your monthly trading volume, you may prefer to remain in our standard pricing programme. For US stocks in particular, by opting-in to the HSBC Top Trader Club your current tariff of USD18 for your first 1,000 shares + USD0.015 for additional shares will be replaced with the HSBC Top Trader Club pricing.

Risk disclosure for Bonds and Certificates of Deposit:

  • Bond is an investment product. 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.
  • Bonds and Certificates of Deposit (CD) are NOT equivalent to a time deposit. CD is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
  • Issuer's Risk - The bond and CD are subject to both the actual and perceived measures of credit worthiness of the issuer. There is no assurance of protection against a default by the issuer in respect of the repayment obligations. In the worst case scenario, you might not be able to recover the principal and any coupon if the issuer defaults on the bond and CD.
  • Bonds / CD are mainly medium to long term fixed income products, not for short term speculation. You should be prepared to hold your funds in bonds / CD for the full tenor; you could lose part or all of your principal if you choose to sell bonds / CD prior to maturity.
  • It is the issuer to pay interest and repay principal of bonds / CD. If the issuer defaults, the holder of bonds / CD may not be able to receive back the interest and principal. The holder of bonds / CD bears the credit risk of the issuer and has no recourse to HSBC unless HSBC is the issuer itself.
  • Indicative price of bonds / CD are available and bonds / CD price do fluctuate when market changes. Factors affecting market price of bonds / CD include, and are not limited to, fluctuations in Interest Rates, Credit Spreads, and Liquidity Premiums. The fluctuation in yield generally has a greater effect on prices of longer tenor bonds / CD. There is an inherent risk that losses may be incurred rather than profit made as a result of buying and selling bonds / CD.
  • If you wish to sell Bonds / CDs, HSBC may repurchase it based on the prevailing market price under normal market circumstances, but the selling price may differ from the original buying price due to changes in market conditions.
  • There may be exchange rate risks if you choose to convert payments made on bonds / CD to your home currency.
  • The secondary market for bonds / CD may not provide significant liquidity or may trade at prices based on the prevailing market conditions and may not be in line with the expectations of holders of bonds / CD.
  • If bonds / CD are early redeemed, you may not be able to enjoy the same rates of return when you use the funds to purchase other products.

For Renminbi (RMB) products:

  • There may be exchange rate risks if you choose to convert RMB payments made on the bonds to your home currency.
  • RMB debt instruments are subject to interest rate fluctuations, which may adversely affect the return and performance of the RMB products.
  • RMB products may suffer significant losses in liquidating the underlying investments if such investments do not have an active secondary market and their prices have large bid/ offer spreads.
  • You could lose part or all of your principal if you choose to sell your RMB bonds prior to maturity.

Risk disclosure for Unit Trusts:

  • Unit Trusts are investment products and some may involve derivatives. The investment decision is yours but you should not invest in the Unit Trusts 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
  • Unit Trusts are NOT equivalent to time deposits
  • In the worst case scenario, the value of the unit trusts may be worth substantially less than the original amount you have invested

Risk disclosure for Structured Product:

  • The information shown in this website is neither a recommendation, an offer, nor a solicitation for any investment product or service. Investment involves risk. You should carefully consider whether any investment product or service mentioned herein is appropriate for you in view of your personal circumstances. Past performance is no guide to future performance. Investors should refer to the individual product explanatory memorandum or offering document for further details and risks involved. The price of investment products may move up or down. Losses may be incurred as well as profits made as a result of buying and selling investment products.
  • Structured Products involve derivatives. The investment decision is yours but you should not invest in structured products 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.
  • Structured product is NOT equivalent to a time deposit. It is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
  • Issuer's Risk - you rely on the issuer's creditworthiness. The products are subject to both the actual and perceived measures of the credit worthiness of the issuer and there is no assurance of protection against a default by the issuer in respect of its payment obligations.
  • In the worst case scenario (e.g. insolvency of issuer), the investor may get nothing back and the potential maximum loss could be 100% of investment amount and no coupon received.
  • Deposit Plus and Structured Investment Deposit are not available for customers who are US citizen / with US nationality, are US resident or US tax payer, or have a US address (e.g. primary mailing, residence or business address in the US).

Risk disclosure for Deposits Plus:

  • Not a time deposit – Deposit Plus 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 - Deposit Plus is embedded with FX option(s). Option transactions involve risks, especially when selling an option. Although the premium received from selling an option is fixed, you may sustain a loss well in excess of such premium amount, and your loss could be substantial.
  • Limited potential gain - The maximum potential gain is limited to the interest on the deposit.
  • Maximum potential loss - Deposit Plus is not principal protected. You must be prepared to incur loss as a result of depreciation in the value of the currency paid (if the deposit is converted to the linked currency at maturity). Such loss may offset the interest earned on the deposit and may even result in losses in the principal amount of the deposit.
  • Not the same as buying the linked currency - Investing in Deposit Plus is not the same as buying the linked currency directly.
  • Market risk - The net return of Deposit Plus will depend upon the exchange rate of the deposit currency against the linked currency prevailing at the deposit fixing time on the deposit fixing date. Movements in exchange rates can be unpredictable, sudden and drastic, and affected by complex political and economic factors.
  • Liquidity risk - Deposit Plus is designed to be held until maturity. You do not have a right to request early termination of this product before maturity. Under special circumstances, the Bank has the right to accept your early redemption request at its sole discretion and on a case by case basis. The Bank will provide an indication of the redemption price upon such request. Your return upon such early redemption will likely be lower than that if the deposit were held until maturity and may be negative.
  • Credit risk of the Bank - Deposit Plus is not secured by any collateral. When you invest in this product, you will be relying on the Bank's creditworthiness. If the Bank becomes insolvent or defaults on its obligations under this product, you can only claim as an unsecured creditor of the Bank. In the worst case, you could suffer a total loss of your deposit amount.
  • Currency risk - If the deposit currency and/or linked currency is not your home currency, and you choose to convert it back to your home currency upon maturity, you may make a gain or loss due to exchange rate fluctuations.
  • Risks relating to RMB - You should note that the value of RMB against other foreign currencies fluctuates and will be affected by, amongst other things, the PRC government's control (for example, the PRC government regulates conversion between RMB and foreign currencies), which may adversely affect your return under this product. The value of your investment will be subject to the risk of exchange rate fluctuation. In case you receive RMB as Linked Currency at maturity and you choose to convert your maturity proceed to other currencies, you may suffer loss in principal. This product will be denominated (if Deposit Currency being RMB) and settled (when receive RMB at maturity) in RMB deliverable in Hong Kong, which is different from that of RMB deliverable in mainland China.

Risk Disclosure for Capital Protected Investment (CPI):

  • Not a time deposit - CPI 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 - CPI is embedded with FX option(s). Option transactions involve risks. If the exchange rate of the currency pair performs against expectation at the fixing time on the fixing date, you can only earn the minimum payout of the structure.
  • Limited potential gain - The maximum potential gain is limited to higher payout on the deposit less the principal amount, when exchange rate of currency pair at fixing moves in line with your anticipated direction.
  • Not the same as buying the linked currency - Investing in CPI is not the same as buying the linked currency directly.
  • Market risk - The return of CPI will depend upon the exchange rates of currency pair against trigger rate at the fixing time on the fixing date. Movements in exchange rates can be unpredictable, sudden and drastic, and affected by complex political and economic factors. You must be prepared to take the risk of earning the lower payout/no return (if exchange rate performs against expectation) on the money invested.
  • Liquidity risk - CPI is designed to be held until maturity. You do not have a right to request early termination of this product before maturity. Under special circumstances, the Bank has the right to accept your early redemption request at its sole discretion and on a case by case basis. The Bank will provide an indication of the redemption price upon such request. Your return upon such early redemption will likely be lower than that if the deposit were held until maturity and may be negative.
  • Credit risk of the Bank - CPI is not secured by any collateral. When you invest in this product, you will be relying on the Bank's creditworthiness. If the Bank becomes insolvent or defaults on its obligations under this product, you can only claim as an unsecured creditor of the Bank. In the worst case, you could suffer a total loss of your deposit amount.
  • Currency risk - If the deposit currency is not your home currency, and you choose to convert it back to your home currency upon maturity, you may make a gain or loss due to exchange rate fluctuations.
  • Risk of early termination by the Bank - The Bank shall have the discretion to uplift a CPI or any part thereof prior to the Maturity Date (subject to the deduction of such break costs or the addition of such proportion of the return or redemption amount, which may result in a figure less than the original principal amount of the CPI) if it determines, in its sole discretion, that this is necessary or appropriate to protect any right of the Bank to combine accounts or set-off, or any security interest, or to protect the Customer's interests.
  • Risks relating to RMB - You should note that the value of RMB against other foreign currencies fluctuates and will be affected by, amongst other things, the PRC government's control (for example, the PRC government regulates conversion between RMB and foreign currencies), which may adversely affect your return under this product when you convert RMB into your home currency. The value of your RMB deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your RMB deposit to other currencies at an exchange rate that is less favourable than that in which you made your original conversion to RMB, you may suffer loss in principal. This product (if denominated in RMB) will be denominated and settled in RMB deliverable in Hong Kong, which is different from that of RMB deliverable in Mainland China.

Risk Disclosure for Equity Linked Investments (ELI):

The following risks should be read together with the other risks contained in the "Risk Warnings" section in the relevant offering documents of the ELIs

  • You should note that the information contained in this website does NOT form part of the offering documents of our ELIs. You should read all the offering documents of our ELIs (including the programme memorandum, the financial disclosure document, the relevant product booklet and the indicative term sheet and any addendum to any of such documents) before deciding whether to invest in our ELIs. If you have doubt on the content of this website, you should seek independent professional advice.
  • Not a time deposit - ELI 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.
  • Not principal protected – ELIs are not principal protected: you could lose all of your investment.
  • Limited potential gain – you may not receive any potential cash dividend amount - The maximum potential gain under this product is capped at an amount equal to the sum of the difference between the issue price and the nominal amount of the ELIs (if any) (less any cash settlement expenses) and the maximum periodic potential cash dividend amount(s) payable during the scheduled tenor (i.e the period from (and including) the issue date to (and including) the settlement date) of the ELIs. It is possible that you may not receive any potential cash dividend amount for the entire scheduled tenor of the ELIs.
  • Re-investment risk - If our ELIs are early terminated, we will pay you the nominal amount of the ELIs (less any cash settlement expenses) and any accrued potential cash dividend amount calculated up to (and including) that call date. No further potential cash dividend amount will be payable following such early termination. Market conditions may have changed and you may not be able to enjoy the same rate of return if you re-invest these proceeds in other investments with similar risk parameters.
  • No collateral – ELIs are not secured on any of our assets or any collateral.
  • Limited market making arrangements are available and you may suffer a loss if you sell your ELIs before expiry - Our ELIs are designed to be held to their settlement date. Limited market making arrangements are available on a bi-weekly basis for all our ELIs. If you try to sell your ELIs before expiry, the amount you receive for each ELI may be substantially less than the issue price you paid for each ELI.
  • Not the same as investing in the reference asset – Investing in our ELIs is not the same as investing in the reference asset. Changes in the market price of the reference asset may not lead to a corresponding change in the market value of, or your potential payout under, the ELIs.
  • Not covered by Investor Compensation Fund – Our ELIs are not listed on any stock exchange and are not covered by the Investor Compensation Fund. There may not be any active or liquid secondary market.
  • Maximum loss upon HSBC’s default or insolvency – Our ELIs constitute general, unsecured and unsubordinated contractual obligations of HSBC as issuer and of no other person (including the ultimate holding company of our group, HSBC Holdings plc). When you buy our ELIs, you will be relying on HSBC’s creditworthiness. If HSBC becomes insolvent or defaults on its obligations under the ELIs, in the worst case scenario, you could lose all of your investment.
  • Risks relating to RMB - You should note that the value of RMB against other foreign currencies fluctuates and will be affected by, amongst other things, the PRC government's control (for example, the PRC government regulates conversion between RMB and foreign currencies), which may adversely affect your return under this product when you convert RMB into your home currency. The value of your RMB-denominated ELIs will be subject to the risk of exchange rate fluctuation. If you choose to convert your RMB deposit to other currencies at an exchange rate that is less favourable than that in which you made your original conversion to RMB, you may suffer loss in principal. This product (if denominated in RMB) will be denominated and settled in RMB deliverable in Hong Kong, which is different from that of RMB deliverable in mainland China.
  • You may, at settlement, receive physical delivery of reference asset(s).
  • Our ELIs may be terminated early by us according to the terms as set out in offering documents of our ELIs.
  • Our ELIs are structured investment products which are embedded with derivatives.
  • Investment returns (if any) not denominated in home currency are exposed to exchange rate fluctuations. Rates of exchange may cause the value of investments to go up or down.

Risk Disclosure for Private Placement Notes (PPN):

The following risks should be read together with the other risks contained in the "Risk Factors" section in the relevant offering documents of the PPNs

  • You should note that the information contained in this website does NOT form part of the offering documents of our PPNs. You should read all the offering documents of our PPNs (including the offering memorandum, and the indicative term sheet) before deciding whether to invest in our PPNs. If you have doubt on the content of this website, you should seek independent professional advice.
  • Not a time deposit - PPN 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.
  • Not principal protected – some PPNs are not principal protected: you could lose all of your investment.
  • Investment Return Risk –It is possible that you may not receive any potential cash dividend amount for the entire scheduled tenor of the PPNs.
  • Re-investment risk - If our PPNs are early terminated, we will pay you the nominal amount of the PPNs (less any cash settlement expenses) and any accrued potential cash dividend amount calculated up to (and including) that call date. No further potential cash dividend amount will be payable following such early termination. Market conditions may have changed and you may not be able to enjoy the same rate of return if you re-invest these proceeds in other investments with similar risk parameters.
  • No collateral – PPNs are not secured on any of our assets or any collateral.
  • Limited market making arrangements are available and you may suffer a loss if you sell your PPNs before expiry - Our PPNs are designed to be held to their settlement date. Limited market making arrangements are available on a bi-weekly basis for all our PPNs. If you try to sell your PPNs before expiry, the amount you receive for each PPN may be substantially less than the issue price you paid for each PPN.
  • Not the same as investing in the reference asset – Investing in our PPNs is not the same as investing in the reference asset. Changes in the market price of the reference asset may not lead to a corresponding change in the market value of, or your potential payout under, the PPNs.
  • Not covered by Investor Compensation Fund – Our PPNs are not listed on any stock exchange and are not covered by the Investor Compensation Fund. There may not be any active or liquid secondary market.
  • Maximum loss upon HSBC’s default or insolvency – Our PPNs constitute general, unsecured and unsubordinated contractual obligations of HSBC as issuer and of no other person (including the ultimate holding company of our group, HSBC Holdings plc). When you buy our PPNs, you will be relying on HSBC’s creditworthiness. If HSBC becomes insolvent or defaults on its obligations under the PPNs, in the worst case scenario, you could lose all of your investment.
  • Risks relating to RMB - You should note that the value of RMB against other foreign currencies fluctuates and will be affected by, amongst other things, the PRC government's control (for example, the PRC government regulates conversion between RMB and foreign currencies), which may adversely affect your return under this product when you convert RMB into your home currency. The value of your RMB-denominated PPNs will be subject to the risk of exchange rate fluctuation. If you choose to convert your RMB deposit to other currencies at an exchange rate that is less favourable than that in which you made your original conversion to RMB, you may suffer loss in principal. This product (if denominated in RMB) will be denominated and settled in RMB deliverable in Hong Kong, which is different from that of RMB deliverable in Mainland China.
  • You may, at settlement, receive physical delivery of reference asset(s).
  • Our PPNs may be terminated early by us according to the terms as set out in offering documents of our PPNs.
  • Our PPNs are structured investment products which are embedded with derivatives.
  • Investment returns (if any) not denominated in home currency are exposed to exchange rate fluctuations. Rates of exchange may cause the value of investments to go up or down.

The Hongkong and Shanghai Banking Corporation Limited is the issuer and product arranger of our ELIs.

The information contained in this website have not been reviewed by the Securities and Futures Commission of Hong Kong or any regulatory authority in Hong Kong.

Investment involves risk. The price of structured products may move up or down. Losses may be incurred as well as profits made as a result of buying and selling structured products.

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 circumstances.

The information contained in this website does not constitute a solicitation for making any deposit or an offer for the purchase or sale or investment in any products.