TERMS AND CONDITIONS FOR INVESTMENT SERVICES

Please accept the Terms and Conditions below before using our Online Securities Trading Service.

TERMS & CONDITIONS IN RELATION TO ONLINE SECURITIES TRADING SERVICE

General

  1. China Construction Bank (Asia) Corporation Limited (the "Bank") is an Authorized Institution under the Banking Ordinance (Cap. 155) and a Registered Institution (CE number AAC155) under the Securities and Futures Ordinance (Cap.571) to carry on Type 1 (Dealing in Securities) and Type 4 (Advising on Securities) Regulated Activities. The Bank provides to its customers (each of them is herein referred to as the "Customer") interactive services accessible through the Bank's Online Banking Services that allow the Customer to give instructions to the Bank to sell and/or purchase Securities for the Customer (all references herein to "Securities" shall mean, unless the context otherwise requires, all or any of the Securities), to check on or calculate the status of the Customer's orders, accounts, amounts and holdings and to access and receive financial and market information and data regarding Securities (collectively, the "Online Securities Trading Service"). The Online Securities Trading Service and the transactions conducted via such service are subject to the terms and conditions set out below (the "Online Securities Trading Service Conditions") as well as the terms and conditions of the following documents as they may be amended from time to time (collectively, the "General Conditions") which are hereby incorporated into the Online Securities Trading Service Conditions and form an integral part hereof :
  • • "Terms and Conditions and Risk Disclosure Statement for Investment Services" and/or the other relevant documentation from time to time entered into by the Customer with the Bank1; and

    1If the Customer would wish to obtain a physical copy, please contact our branches or the Bank's Securities Trading Hotline.

  • • Terms and Conditions for Online Banking Services; and

  • • Terms of Use and Privacy Statement, Notice to Customers relating to the Personal Data (Privacy) Ordinance and the Personal Information Collection Statement Relating to Online Securities Trading Service as posted in the Bank's Website from time to time.

"Computer System" means the computer equipment, mobile devices, other equipment or devices, and all hardware, software, application and modem connected to or contained in it which is required to access the Online Banking Services.

"Mobile App" means such mobile application software as may be designated by the Bank from time to time.

"Online Banking Services" means the services rendered by the Bank via the Website and/or Mobile App which enable the Customer to obtain information or data from the Bank and/ or give instruction to the Bank including but not limited to effecting transactions through the Bank by the use of the Computer System. 

"Website" means www.asia.ccb.com or such other website(s) as the Bank may from time to time host.
  1. As specified in the General Conditions,
      (a) a citizen or resident of, or a partnership or corporation organised or incorporated under the laws of, the United States of America; and
      (b) any Customer who deals with Securities on behalf of any of the persons named in sub-paragraph (a) above are not eligible to access and utilise the Online Securities Trading Service.
  2. In case of any inconsistency between this Online Securities Trading Service Conditions and the Terms and Conditions for Online Banking Services, this Online Securities Trading Service Conditions shall prevail.

ORDERS AND TRADE CONFIRMATION

  1. Any order entered by the Customer via the Online Securities Trading Service with respect to the purchase or sale of Securities is subject to approval by the Bank. The Bank is entitled to reject an order for any reason it reasonably deems appropriate. Further, the Customer shall not enter any short selling order via the Online Securities Trading Service. Once an order has been sent by the Customer to the Bank, no amendment or cancellation will be allowed except through the designated features in the Website or the Mobile App or through an instruction to the Bank's Securities Trading Hotline PROVIDED ALWAYS THAT the Bank is entitled to refuse such amendment or cancellation on reasonable grounds. Without limiting the Bank's aforesaid right, any request to cancel or amend an order previously given by the Customer can only be made before the time the relevant transaction is executed. For the avoidance of doubt, any Customer's order which has been executed in full or in part shall be binding on the Customer.
  2. For Customer who has entered order(s) via the Online Securities Trading Service and has provided to the Bank a valid email address and/or mobile phone number (capable of receiving short messages via short messages service ("SMS")), the Bank will use reasonable endeavours to send to the Customer trade confirmation in respect of each order by way of email and/or short message via SMS. The Bank will not be liable or responsible to notify the Customer by email message or short message via SMS if the Customer does not provide a valid email address or mobile phone number (capable of receiving short messages via SMS).
  3. In order to access the Online Securities Trading Service, the Customer must quote the Customer ID and Password designated by the Bank to the Customer as may be changed from time to time in accordance with the Online Securities Trading Service Conditions ("Customer ID" and "Password" respectively).
  4. The Customer agrees that the Bank may communicate with and give notice to the Customer and transmit data or documentation (including trade confirmations, contract notes and/or statements of account) by way of email message, short message via SMS or using the internet such other means (whether electronic or otherwise) that the Bank may consider appropriate from time to time for the purpose of the Online Securities Trading Service. The Customer shall provide to the Bank his email address and/or mobile phone number (capable of receiving short messages via SMS). The Customer shall also immediately notify the Bank with respect to any changes to his email address and/or mobile phone number or termination, disconnection or suspension of the same. The Bank will not assume any responsibility or liability for any communication sent to the Customer based on the particulars provided to the Bank by the Customer from time to time. The Bank will also not assume any liability or responsibility if the Customer has not provided updated email address and/or mobile phone number (capable of receiving short messages via SMS) to the Bank.
  5. For the purpose of the Online Securities Trading Service, the Customer shall not transmit (and the Bank will not act upon) any request, instruction and/or order using web browsers or mobile devices other than those specified by the Bank in the Website, the Mobile App or the telephonic securities trading system designated by the Bank for the express purpose of entering requests, instructions and/or orders.
  6. The Customer is deemed to be bound by any representation, confirmation, assent or agreement that is electronically transmitted by the Customer to the Bank using the said designated devices or system as well as the terms of usage/dealing accompanying such devices or system from time to time.
  7. The Customer may enter orders via the Online Securities Trading Service at any time but the Bank will specify in the Website and/or the Mobile App the cut-off time on each trading day that the Bank designates from time to time for processing the orders of the Customer received by the Bank during that trading day. Orders placed by all the Customers (whether through the Online Securities Trading Service, the Securities Trading Hotline or any other means (electronic or otherwise) will generally be executed in the order in which they are input into the Bank's system.
  8. No persons other than the Customer and the Bank will have any right to enforce the provisions of the General Terms.

Amendments

  1. The Bank may revise the Online Securities Trading Service Conditions and/or introduce additional terms and conditions at any time and from time to time. Any revision or addition to the Online Securities Trading Service Conditions shall become effective subject to the Bank giving reasonable notice to the Customer which may be given by posting it on the Bank's website or by such other physical or electronic means as the Bank thinks fit, and shall be binding on the Customer if the Customer continues to maintain or use the Online Securities Trading Service on or after the effective date of the revision or addition.