Gain the ultimate edge in investing in Chiyu’s brand-new Securities Club (the “Club”). Chiyu's unique infusion of extensive branch network, reliable financial transaction platform and dedicated securities trading services empower you with superior privileges to make you an investing star. The Club comprises four tiers of membership, namely Diamond Star, Gold Star, Silver Star and Bright Star. Customers who maintain securities account with Chiyu bank will automatically become Bright Star members of the Club and their membership can be upgraded to Diamond Star, Gold Star and Silver Star to enjoy professional securities services and privileges upon fulfilling the specific requirements of accumulated securities transaction amount or Investment Assets Value (whichever brings to a higher membership).

Preferential Securities Trading Service Charge

Preferential securities service charge allows you to reduce transaction cost.

• Please refer to the below required accumulated securities transaction amount and Investment Assets Value in every year for each membership of the Club.
• Brokerage fees are applicable to securities listed on Hong Kong Exchanges and Clearing Limited and calculated in transaction amount per trade.
• Automated trading channels include Internet Banking, Mobile Banking and Automated Stock Trading Hotline.
• Charges for specific services and out-of-pocket expenses may not be listed in the above table. For details, please contact the staff of Chiyu Bank.
• The above charges are for reference only. Chiyu Bank reserves the right to revise the service fee from time to time.

For details of other securities service charges , please contact the staff of Chiyu Bank.

Exclusive Privileges

First year Wealth Management monthly service fee waiver
To truly reflect the superior membership status, Diamond Star members will be provided with first-year monthly service fee waiver and a wide range of professional financial services upon setting up Wealth Management account.

* The above services and privileges are subject to the relevant terms and conditions, please refer to the relevant promotional materials or contact the staff of Chiyu Bank.

Making You An Investing Star

Mechanics of Securities Club Membership
A membership period lasts for 12 months and your membership status will be determined according to the accumulated securities transaction amount or Investment Assets Value of your same-name securities accounts and securities margin accounts. The higher the accumulated securities transaction amount or the higher Investment Assets Value, the higher the membership status.

^#Accumulated securities transactions include buying and selling of local listed securities (including securities settled in Hong Kong Dollar and non-Hong Kong Dollar), China A shares, IPO subscription or IPO financing through yellow form application with shares successfully allotted and contributions of the Monthly Stocks Savings Plan. 

^{^}Investment Assets Value includes the value of the following investment items under the customer's name (sole-name account and joint-name account will be calculated separately) in the prevailing month: the average amount of the total day-end balance of Securities, Securities Margin, Bonds, Funds, Equity Linked Investments, Currency Linked Investments, FX Margin, Precious Metals. The Bank will calculate the daily market value according to the features of investment products. Unsettled bought quantities of the stock are excluded while securities collaterals are included. Actual monthly calculation period starts from the last business day of the previous month to the day before last business day of the prevailing month.
 

During the membership period, when your accumulated securities transaction amount or Investment Assets Value fulfills the designated requirement, your membership will be upgraded in the following month which in turn entitles you to more privileges. If you are not able to fulfill the required accumulated securities transaction amount nor Investment Assets Value for your membership status during the expiry of membership, your membership will be reviewed and downgraded accordingly.  

The accumulated securities transaction amount will be reset upon granting of new membership or expiry of existing membership.

Enquire Accumulated Securities Transaction Amount and Membership Status with Ease

You can readily access your membership information through the monthly statements of securities accounts and those of integrated accounts or via Chiyu Bank Internet Banking: 
Visit www.chiyubank.com > Login to Internet Banking > Assistance > Securities Club

Terms and Conditions　

1. Securities Club (the "Club") consists of four membership tiers: Diamond Star member, Gold Star member, Silver Star member and Bright Star member. Customers who maintain securities accounts and/or securities margin trading accounts (including sole-name/joint-name accounts and individual/corporate accounts) with Chiyu Banking Corporation Limited (the "Bank") ("Securities Accounts") will be granted the relevant membership by the Bank according to the accumulated securities transaction amount or Investment Assets Value in principle.
2. Membership Mechanics
   • The membership effective date shall be the date stated in the membership notification letter issued by the Bank or the account opening date of the relevant securities accounts(for new customers). Unless otherwise specified, the membership status shall be valid for 12 months ("Membership Period"). For your Membership Period, please refer to the membership notification letter issued by the Bank or contact staff of the Bank. 
   • Every membership tier has a required accumulated securities transaction amount for each Membership Period and Investment Assets Value. The relevant requirement is subject to the information quoted by the Bank from time to time. 
   • The accumulated securities transaction amount and the Investment Assets Value in the prevailing month of each customer will be reviewed by the Bank on the last trading day of each month. Should the relevant amount reach the required amount for a higher membership tier, customers will be upgraded to the relevant membership tiers in the following month. The membership tiers of the customers will not be downgraded within the Membership Period. 
   • The accumulated securities transaction amount and the Investment Assets Value in the prevailing month of each customer will be reviewed at the end of the month when the relevant membership expires. If the customers fulfill the required accumulated securities transaction amount or Investment Assets Value of their membership tiers, their membership tiers will be retained. Otherwise, the customers will be downgraded to the membership tiers corresponding to their accumulated securities transaction amount or Investment Assets Value in the following month. 
   • Upon the upgrading of membership tier, or the expiry of the Membership Period, the accumulated securities transaction amount of the customers will be re-calculated.
   • Different membership will be granted to the sole-name Securities Accounts held by a customer and the joint-name Securities Accounts held by the aforesaid customer with other parties according to the accumulated securities transaction amount and Investment Assets Value in principle.The relevant accumulated securities transaction amount and Investment Assets Value will be reviewed and calculated respectively and separately. 
3. Calculation of the Accumulated Securities Transaction Amount 
   • Customers should successfully conduct the eligible transactions via their Securities Accounts within the Membership Period and the relevant transaction amount (excluding the brokerage fee or other handling fee) will be calculated as the accumulated securities transaction amount. Eligible transactions refer to the buying and selling of securities listed on the Hong Kong Exchanges and Clearing Limited (including securities settled in Hong Kong Dollar and non-Hong Kong Dollar), transactions of Initial Public Offering ("IPO") subscription or IPO subscription financing through yellow form application with shares successfully allotted, and contributions of the Monthly Stocks Savings Plan. 
   • Eligible transactions settled in non-Hong Kong Dollar will be converted into Hong Kong Dollar at the exchange rate by the Bank on the transaction day. The transaction amount of each eligible transaction will be rounded down to the nearest dollar (e.g. if the transaction amount is HK$105.8, the amount will be calculated as HK$105.) 
4. Calculation of Investment Assets Value
   • Investment Assets Value maintained includes the value of the following investment items under the customer’s name (sole-name account and joint-name account will be calculated separately) in the prevailing month: the average amount of the total day-end balance of Securities, Securities Margin, Bonds, Funds, Equity Linked Investments, Currency Linked Investments, FX Margin, Precious Metals.
   • The Bank will calculate the daily market value according to the features of investment products. Unsettled bought quantities of the stock are excluded while securities collaterals are included.
   • Actual monthly calculation period starts from the last business day of the previous month to the day before last business day of the prevailing month.
5. Membership Privileges
   • Each membership tier offers different Exclusive Privileges and services on the relevant privileges are subject to the latest information as announced by the Bank. 
   • First-year Wealth Management monthly service fee waiver is only applicable to Diamond Star members who have not taken up Wealth Management service on or before the membership effective date under the same name of the membership. To enjoy this offer, Diamond Star members should take up the Wealth Management service under the same name of the membership within the Membership Period at any branch of the Bank or via phone banking service. Starting from the second year after the taking up of Wealth Management service, the relevant monthly service fee will be levied if the Monthly Average Wealth Balance is below the designated amount. The relevant monthly service fee shall be subject to the announcement of the Bank. Please contact the staff of the Bank for details. 
   • All services and privileges are subject to relevant terms and conditions. For details, please refer to the relevant promotional materials or contact the staff of the Bank. 
6. Termination of Membership: In case of termination of all Securities Accounts under the same name, the relevant membership, the accumulated securities transaction amount and the privileges will be cancelled immediately. 
7. The Bank's record of the Membership Period, the account opening date, the accumulated securities transaction amount and Investment Assets Value shall prevail.  

General Terms and Conditions 

1. The relevant services and privileges are subject to the relevant terms and conditions. For details, please contact the staff of the Bank. 
2. The Bank reserves the right to change, suspend or terminate the Club or the above services and offers, and to amend the relevant terms and conditions at its sole discretion without prior notice. 
3. In case of any dispute(s), the decision of the Bank shall be final.
4. In case of any discrepancy(ies) between the English and Chinese versions of this material, the Chinese version shall prevail.

Risk Disclosure

Important Notes

The below risk disclosure statements cannot disclose all the risks involved. You should undertake your own research and study before your trade or invest. You should carefully consider whether trading or investment is suitable in light of your own financial situation, investment experience, investment objectives, risk tolerance and ability to understand the nature and risks of the relevant product. You are advised to seek independent financial and professional advice before you trade or invest. You should seek independent professional advice if you are uncertain of or have not understood any aspect of the following risk disclosure statements or the nature and risks involved in trading or investment.

Risk of Securities Trading 

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.

You are reminded to understand the relevant details, charges and important notes before investing in Shanghai A shares or Shenzhen A shares. For details, please read the “Important Notice of Trading China A Shares and A Shares Margin Trading via Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect” in Chiyu Bank’s website or the branch staff of Chiyu Bank.  Details 

Risk Disclosure of Trading A Shares via Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect

Not protected by Investor Compensation Fund: Investors should note that any SH Northbound Trading or SZ Northbound Trading under Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect will not be covered by Hong Kong’s Investor Compensation Fund. Also, China Securities Investor Protection Fund will not protect any SH Northbound Trading and SZ Northbound Trading as well.
Quotas used up: When the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued to be accepted.
Trading day difference: As mentioned above, Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. So, it is possible that there are occasions when it is a normal trading day for the Mainland China market but Hong Kong investors cannot carry out any A-share trading. Investors should take note of the days Shanghai-Hong Kong Stock. Connect or Shenzhen-Hong Kong Stock Connect is open for business and decide according to their own risk tolerance capability whether or not to take on the risk of price fluctuations in A-shares during the time when Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect is not trading.
Restrictions on selling imposed by front-end monitoring: For investors who usually keep their A-shares outside of their brokers, if they want to sell certain A-shares they hold, they must transfer those A-shares to the respective accounts of their brokers before the market opens on the day of selling (T day). If they fail to meet this deadline, they will not be able to sell those A-shares on T day.
The recalling of eligible stocks: When a stock is recalled from the scope of eligible stocks for trading via Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect for above-mentioned reasons, the stock can only be sold but restricted from being bought. This may affect the investment portfolio or strategies of investors. Investors should therefore pay close attention to the list of eligible stocks as provided and renewed from time to time by both Exchanges.
Risks of client assets received or held outside Hong Kong: Client assets received or held by the licensed or registered person outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance (Cap.571) and the rules made thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong.

Conversion Limitation Risk of RMB (Only applicable to Individual Customers)

RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or other foreign currencies. RMB is currently not fully freely convertible. Individual customers can be offered CNH rate to conduct conversion of RMB through bank accounts and may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance.

Conversion Limitation Risk of RMB (Only applicable to Corporate Customers)

RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or other foreign currencies. RMB is currently not fully freely convertible. Corporate customers that intend to conduct conversion of RMB through banks may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance.