Certificate of Deposit

In general, Certificate of Deposit (CD) is issued by corporations and banks, providing fixed income. Customers can receive guaranteed interest income quarterly, annually or at redemption. Three common types of CD include Fixed Rate CD, Floating Rate CD and Structured CD. CD’s major denominated currencies are HKD and USD with tenor ranging from 1 and 5 years, suiting various needs of customers.

Risk Disclosure Statement

1. Investors should note that all investment involves risks. Prices of investment products may go up as well as down and may even become valueless. Investors should read carefully the offering documents and the relevant Risk Disclosure Statement before making any investment decision. You should carefully consider whether any investment product or service mentioned herein is appropriate for you in view of your personal circumstances and should seek independent professional advice if necessary.
   
2. Structured Investments Deposits involve derivatives. Please do not invest in these investment products unless you fully understand and are willing to assume the risks associated with these products. If you are in any doubt about the risks involved in the products, you may clarify with the intermediary or seek independent professional advice.
   
3. Bonds, Interest Rate-linked Deposit, Currency-linked Deposit and Certificate of Deposit are NOT equivalent to time deposit, and should not be used as the replacement of time deposit. The investment products above are NOT protected deposit and are NOT protected by the Deposit Protection Scheme in Hong Kong.
   
4. Foreign currency investments are subject to exchange rate fluctuations which may involve risks. The fluctuation in the exchange rate of foreign currency may make a gain or loss in the event that customer converts the foreign currency into Hong Kong dollar or other foreign currencies.
   
5. Conversion of RMB or provision of RMB services through banks in Hong Kong is subject to relevant RMB policies, other restriction and regulatory requirements in Hong Kong. No prior notice will be given for any changes which may be made from time to time.