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Remarks:

1. The above HK$800 includes New HSBC Customer Welcome Offer of HK$600 and HSBC Advance New Funds Welcome Offer of HK$100 and additional rewards of HK$100 for successfully applying for any two of the designated services including: a) HSBC Advance Integrated Investment Services Account and completion of Risk Profiling Questionnaire, b) HSBC Advance Visa Platinum Card or c) HSBC Internet Banking and eStatement.
2. Customer must keep the required Total Relationship Balance (TRB) or New Funds until the following calendar month after the account is opened/upgraded. For details, please refer to the relevant terms and conditions.
3. For details of the product offers, please refer to the terms and conditions part (E), (F) and (G) below.
4. The waived brokerage fee is subject to a maximum limit. The H.K. stock offer is only applicable to brand new investment customers. Please refer to applicable terms and conditions part (G) for details.
5. Based on findings from the market survey conducted by Synovate in August 2010.


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Promotional Terms and Conditions

General Terms and Conditions
1. The promotional period commences on 3 January 2011 and ends on 19 February 2011, both dates inclusive ('"the Promotional Period")
2. To enjoy the welcome gift(s) under this promotion, a customer must successfully open or (where applicable) convert to an Integrated Account - HSBC Advance (the" Account") with The Hongkong and Shanghai Banking Corporation Limited in Hong Kong SAR (the "Bank") as the sole/principal account holder during the Promotional Period and fulfills all other criteria below mentioned ("Eligible Customer").
3. Existing customers of Integrated Account - HSBC Premier / HSBC Advance (including sole account holder and all joint account holders) or customers who have terminated their Integrated Account - HSBC Premier I HSBC Advance during the period starting from 1 April 2010 until 2 January 2011 (both dates inclusive) are not eligible for the welcome gift(s) under this promotion.
4. For joint Accounts, only the principal Account holder is entitled to this promotional offer.
5. An Eligible Customer who terminates or converts his/her Account to an Integrated Account - HSBC SmartVantage or other account type before the relevant welcome gift(s) is/are issued will not be entitled to the welcome gift(s). If an Eligible Customer who is entitled to the welcome gift(s) under this promotion and the welcome gift(s) under other Integrated Account promotion - HSBC Premier, this customer is only entitled to receive HSBC Premier welcome gift(s) and relevant promotional terms and conditions applied.
6. If an Eligible Customer who is entitled to the welcome gift(s) under this promotion is also entitled to other welcome gift(s)/offer(s) under another concurrent promotion run by the Bank in respect of opening the Account, this customer is only entitled to receive ONE of such welcome gift/offer that is of the highest value at the Bank's discretion.
7. "New HSBC Customer" is a new customer of the Bank at any time during the period from 1 December 2010 to the date of the Eligible Customer opens the Account, not being:
· an accountholder with the Bank in respect of any sole or joint account (but excluding MPF accounts or safe deposit lease accounts); or,
· a holder of any personal primary or additional credit card issued by the Bank (excluding corporate cards); or,
· a holder of any insurance plans applied through the Bank (except Single Trip TravelSurance).
8. Unless specified below, Eligible Customer shall receive ParknShop cash coupon (the "Shopping coupons") as the rewards. The welcome gift(s) will only be mailed to each Eligible Customer's local correspondence address on or before 31 May 2011. It is not replaceable in the event of any loss or damage, including without limitation in any lost in transit after being mailed out by the Bank.
9. The welcome gifts are available while stock lasts. The Bank reserves the right to replace the welcome gifts with alternative gifts without prior notice. The welcome gifts offered under this promotion (or alternative gifts which may be offered by the Bank) cannot be converted to cash. The Bank is not responsible for and shall have no liability in respect of the quality of the products and services provided by the supplier of the welcome gifts in this promotion.
10. If Eligible Customers terminate or convert their Account to other account type within 12 months after the opening of new Account, the Bank reserves the right to debit the amount of welcome gift(s) rewarded from their other account maintained with the Bank.
11. The dates and amounts appearing in the Bank's records will be conclusive as to the date on which the Account was opened, terminated or converted and amount of balances / number of transactions carried out.
12. All offers under this promotion are provided subject to the prevailing regulatory requirements.
13. All the terms and conditions listed are governed by and construed in accordance with the laws of HKSAR.
14. The Bank reserves the right to change these Terms and Conditions at any time and the offer may be withdrawn by the Bank at its discretion without prior notice.
15. In the event of a dispute arising out of this promotion, the decision of the Bank shall be final and conclusive.
16. Where there is any discrepancy between the Chinese and English versions of these terms and conditions, the English version shall apply and prevail.
17. Employees of the Bank are not eligible for any of the promotional offers under this promotion.
18. All remarks and footnotes stated in the promotional materials are intended to serve as part of the promotional terms and conditions.

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Terms and Conditions for Welcome Offers

(A) Welcome offer for existing HSBC customer opening a new Integrated Account - HSBC Advance - shopping coupon(s) worth HK$200 ("HSBC Advance Welcome Gift")
An HSBC Advance Welcome Gift will be offered to each Eligible Customer who meets the criteria listed in Clause (i) and (ii) below:

(i) opens or (where applicable) converts to an Account with a Total Relationship Balance ("TRB") of HK$200,000 or above (or equivalent in foreign currency) during the Promotional Period AND
(ii) maintains a monthly TRB of HK$200,000 or above (or equivalent in foreign currency) until the dates set out in the table below.

 

Account opened/ converted in January 2011

Account opened/ converted in February 2011

Maintain a monthly
TRB of HK$200,000 or above (or equivalent in foreign currency) until:

28 February 2011 at 11:59pm

31 March 2011 at 11:59pm

Total Relationship Balance ("TRB")a takes into account the following: Hong Kong dollar I Renminbi I foreign currency deposits, book value or market value (if applicable) of investments (including local and overseas securities, unit trusts, bonds, certificates of deposits, equity linked investments, structured notes, stocks or unit trusts purchased from Monthly Investment Plan and Wayfoong Statement Gold), deposit amounts of Deposit Plus and structured investment deposits (including Capital Protected Investment Deposits), utilised lending facilities(excluding mortgage loans and amounts outstanding on credit cards), saving and investments portions of life insurance policies and HSBC MPF balances and HSBC ORSO Defined Contribution Scheme balances which are administered by HSBC Life (International) Limited.

· To determine overall TRB in sole capacity, the applicable TRB of all personal sole account(s)b and all joint account(s)c will be included in the calculation.
· To determine overall TRB in joint capacity, the applicable TRB of all joint account(s)b held with the same joint account holder(s) will be included in the calculation.
a. There may be a time lag before the value of certain investment transactions (i.e. Initial Public Offering ("IPO") subscriptions for securities, bonds, open-ended funds and certificates of deposits) and life insurance policies will be included in the TRB due to the processing time required and therefore may affect the TRB in the Bank's record.
b. All these accounts must be held or registered under the same name(s) and identity number(s).
c. The name and identity number held or registered under these joint accounts must be the same as that held or registered under the sole account.
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(B) Welcome offer for a new HSBC customer who opens a new Integrated Account - HSBC Advance - shopping coupon (s) worth HK$600 ("New HSBC Customer Welcome Gift")
A New HSBC Customer Welcome Gift will be offered to each Eligible Customer who meets the criteria listed in Clause (i) and (ii) below:

(i) fulfills the requirements of and entitled to HSBC Advance Welcome Gift (stated in Clause A above) AND
(ii) did not maintain or hold any product or account described below during the period starting from 1 December 2010 until 2 January 2011 (both dates inclusive):
· not an account holder with the Bank in respect of a sole or joint account (excluding MPF or safe deposit lease accounts) AND
· not a holder of a personal primary or additional credit card or private label card (excluding corporate card) issued by the Bank AND
· not a holder of any insurance plans (excluding Single Trip TravelSurance) applied through the Bank.
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(C) Welcome offer for New HSBC Advance customer opening a new Integrated Account - HSBC Advance and bringing in new funds - shopping coupon(s) worth HK$100 ("HSBC Advance New Funds Welcome Gift")
An HSBC Advance New Funds Welcome Gift will be offered to each Eligible Customer who meets the criteria listed in Clause (i) and (ii) below:

(i) fulfills the requirements of and entitled to HSBC Advance Welcome Gift (stated in Clause A or B above) AND
(ii) brings in Net Incremental New Funds of HK$200,000 or above (or equivalent in foreign currency) to increase his/her Total Relationship Balance ("TRB") by the specified amount during the Promotional Period AND maintain the net increase until the last day of the first month (non Sunday or public holiday) as set out in the table below:

Customers who increase TRB to the specified amount during

Net increase in TRB to be maintained until

Calculation of net increase in TRB (as per the Bank's record)

3 January to 31 January 2011

28 February 2011

Difference between the customer's TRB balance as of 31 Dec 2010 and 28 Feb 2011

1 February to 19 February 2011

31 March 2011

Difference between the customer's TRB balance as of 31 Jan 2011 and 31 Mar 2011

For new HSBC customer, the TRB of the month previous to account opening is set at HK$0.

Eligible Customers shall receive HK$100 worth of coupons for HK$200,000 increase in TRB.

The hypothetical examples below illustrate the calculation of TRB growth and the offers that an Eligible Customer will be entitled to:

If the Eligible Customer opens/converts the Account in January 2011


Example

TRB as of 31 Dec 2010
(a)

TRB as of 28 Feb 2011
(b)

Net increase in TRB
(b) - (a) = (c)

Offer Entitled

An existing HSBC customer

HK$100,000

HK$400,000

HK$400,000 - HK$100,000 = HK$300,000

HK$100

An existing HSBC customer

HK$250,000

HK$400,000

HK$400,000 - HK$250,000 = HK$150,000

HK$0

A new HSBC customer

HK$0

HK$400,000

HK$400,000 - HK$0 = HK$400,000

HK$100


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(D) Additional Reward - shopping coupon(s) worth HK$100 ("Additional Reward")
Additional reward will be offered to Eligible Customer who successfully takes up any two sets of the following service categories:

1. Open HSBC Investment account and complete Risk Profiling Questionnaire
Additional reward will be offered to each Eligible Customer who opens the Integrated Account - HSBC Advance during the Promotional Period and opens a new HSBC Advance Integrated Investment Services Account and at the same time successfully completes Risk Profiling Questionnaire upon the Account opening (or, where applicable, conversion). Each Eligible Customer is entitled to the shopping coupons(s) once only irrespective of the number of Accounts opened.
OR
2. Successful application of HSBC Advance Visa Platinum Card
Additional reward will be offered to each Eligible Customer who successfully applies for an HSBC Advance Visa Platinum Card during the Promotional Period without any spending requirement. A HK$100 credit card spending credit will be offered to Eligible Customer. Each Eligible Customer is only entitled to enjoy the welcome gift once even if he/she applies for more than one primary and/or additional credit card during the Promotional Period. Each Eligible Customer shall maintain the HSBC Advance Visa Platinum Card by the time of the relevant welcome offer fulfilment.
OR
3. Successful registration of HSBC Personal Internet Banking and eStatement service
Additional reward will be offered to each Eligible Customer who successfully registers for HSBC Personal Internet Banking and eStatement service during the Promotional Period. Eligible Customer who cancels the Service during the Promotional Period and before the Welcome Gift is delivered will not be entitled to any reward.
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Terms and Conditions for Attractive Product Offers

(E) Terms and Conditions for RetireIncome Annuity Plan and Lifestyle Wealth Protection Plus

1. "Selected HSBC Advance Customers" are customers who open or upgrade to an Integrated Account - HSBC Advance with the Bank within the period of 1 Jan 2011 to 31 Dec 2011 (both dates inclusive) ("New Advance Account") and have not terminated / converted their Integrated Account - HSBC Premier / Advance to other Integrated Account within six months prior to the date on which the New Advance Account commences.
2. A customer who has withdrawn/cancelled an application/policy for the same insurance plan within the past six months will not be entitled to the promotional offer.
3. If a customer who is entitled to receive the promotional offers under this promotion is also entitled to other offer(s) under another concurrent promotion run by The Hongkong and Shanghai Banking Corporation Limited in Hong Kong SAR ("the Bank") in respect of the same type of designated product or service, such customer is only entitled to receive the offer of the highest value at the Bank's discretion.
4. Offers under this promotion are applicable to Retail Banking and Wealth Management customers of the Bank only.
5. Premium discount offered in this promotion are not exchangeable for cash and are not transferable.
6. All insurance applications are subject to approval by HSBC Life (International) Limited.
7. The 3% First-year Premium Discount is only applicable to successful applications in respect of a new purchase of RetireIncome Annuity Plan or Lifestyle Wealth Protection Plus from "Selected HSBC Advance Customers" mentioned in Clause 1 of this section AND the application date of the new insurance policy must be within 6 months of the commencement of the New Advance Account.
8. For monthly payment of premium, customers are required to pay the first three months' premium upfront with the discount deducted from the initial payment.
9. For premiums paid on annual basis, the amount of premium payable in the first year will be calculated as "full annual premium X 0.97".
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(F) Unit Trust initial charge discount for the first lump sum open-end fund subscription (the "Unit Trust Offer")

1. The promotional period commences on 3 January 2011 and ends on 31 December 2011, both dates inclusive ("the Promotional Period"). The Unit Trust Offer is applicable to any customer who successfully opens a new Integrated Account - HSBC Advance with the Bank during the Promotional Period and a new HSBC Advance Investment Services Account except FundMax Account ("Eligible Investment Account for Unit Trust Offer") within six months after opening of the new Integrated Account - HSBC Advance (in any cases, by latest 31 December 2011) and has not terminated or maintained any HSBC Investment Services Account or Unit Trusts Account within six months prior to opening of the "Eligible Investment Account for Unit Trust Offer" ("Eligible Customer for Unit Trust Offer").
2. The Unit Trust Offer is only applicable to the first lump-sum subscription order of open-end funds (excluding CapitALL funds and funds in the "No Subscription Fee Series") made through manned phone banking, HSBC Personal Internet Banking or at any HSBC branch in Hong Kong via the Eligible Investment Account for Unit Trust Offer. 0.75% discount is applied if the first lump-sum subscription order is made within 1 month from the opening date of such investment account or 0.25% discount is applied if the first lump-sum subscription order is made in the second to the sixth month from the opening date of such investment account. In any cases, the initial charge after discount is floored at 1.5%. The eligible period starts to count once the Eligible Investment Account for Unit Trust Offer is opened.
3. In addition to this Unit Trust Offer, Eligible Customers for Unit Trust Offer will still enjoy the prevailing open-end funds preferential initial charge offer applicable to the subscription order but other promotional offers on open-end funds initial charge will not be applicable.
4. Eligible Customers for Unit Trust Offer are required to fully settle the actual initial charge amount at the time of subscription. The "offer amount" (which is the difference between the actual initial charge amount and the initial charge amount under this Unit Trust Offer) will be credited to such customer's default settlement account in settlement account currency within three months after the lump-sum subscription. Eligible Customers for Unit Trust Offer whose Eligible Investment Account for Unit Trust Offer or settlement account is not in place at that time will for all purposes have forfeited their entitlement to the Unit Trust Offer and hence, forfeited also the "offer amount".
5. The Unit Trust Offer is not applicable to subscriptions made under Unit Trust Monthly Investment Plan.
6. All other fees/charges applicable to the relevant fund (including switching fees, redemption fees, management fees and other fees) still apply.
7. The Unit Trust Offer and the prevailing open-end funds preferential initial charge offer may be changed from time to time at the discretion of The Hongkong and Shanghai Banking Corporation Limited in Hong Kong SAR (the "Bank").

Risk disclosure
Unit Trusts

1. Funds which are invested in certain markets and companies (e.g. emerging, commodity markets and smaller companies etc) may also involve a higher degree of risk and are usually more sensitive to price movements.
2. Credit Risk/Interest Rate Risk - a fund that invests in fixed income securities may fall in value if interest rates change, and is subject to the credit risk that issuers may not make payments on such securities. Price of the fund may have a high volatility due to investment in financial derivative instruments and may involve a greater degree of risk than in the case with conventional securities.
3. Counterparty Risk - a fund will be exposed to credit risk on the counterparties with which it trades in relation to financial derivative instrument contracts that are not traded on a recognised exchange. Such instruments are not afforded the same protections as may apply to participants trading financial derivative instruments on organised exchanges, such as the performance guarantee of an exchange clearing house. A fund will be subject to the possibility of insolvency, bankruptcy or default of a counter party with which a fund trades such instruments, which could result in substantial loss to a fund.

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(G) $0 Brokerage Fee Offer for Local and U.S. Securities Trading

$0 Brokerage Fee Offer for Local Securities (the "Offer")

1. The Offer is effective from 1 January 2011 to 31 December 2011, both dates inclusive (the "Promotional Period").
2. The Offer is applicable to customers who successfully open a new Integrated Account - HSBC Premier and a new HSBC Premier Investment Services Account / HSBC Premier Securities Margin Trading Service Account; or (b) a new Integrated Account - HSBC Advance and a new HSBC Advance Investment Services Account / HSBC Advance Securities Margin Trading Service Account, as the sole or principal account holder during the Promotional Period (the "Eligible Customers") (the "Eligible Investment Account").
3. Customer who is currently holding or has terminated any HSBC investment account with account suffix 380, 381, 388 or 391-394 within six months prior to the specific dates listed in the below table will not be eligible to this Offer:

Eligible Investment Account opening date Six months prior to below specific dates
1 January 2011 - 31 March 2011 1 January 2011
1 April 2011 - 30 June 2011 1 April 2011
1 July 2011 - 30 September 2011 1 July 2011
1 October 2011 - 31 December 2011 1 October 2011

4. The Offer is a brokerage fee waiver applicable to local securities transactions (excluding transactions made in respect of initial public offerings and Stocks Monthly Investment Plans) which are effected via HSBC Personal Internet Banking (www.ebanking.hsbc.com.hk), HSBC Stock Express (www.hsbc.com.hk/stockexpress) or HSBC Mobile Banking (www.hsbc.com.hk) through the Eligible Investment Account within 30 calendar days upon its account opening date (the "Eligible Period") (the "Eligible Transactions").
5. Eligible Customers will enjoy $0 brokerage fee for all Eligible Transactions until the total cumulative standard brokerage fee reaches HK$2,500 for HSBC Advance Eligible Customers. All subsequent transactions will be subject to standard brokerage fees (minimum HK$100 per transaction).

Example (HSBC Advance Eligible Customer):
An Eligible Customer opens a new Integrated Account - HSBC Advance with Eligible Investment Account on 1 March 2011 and conducts the following Eligible Transactions during the Eligible Period:

Trade date

Transaction amount

Standard brokerage fee

Waived brokerage fee

7 Mar 2011

HK$980,000

HK$2,450

HK$2,450

21 Mar 2011

HK$200,000

HK$500

HK$50
(subject to cap)

25 Mar 2011

HK$50,000

HK$125

n/a
(over cap)

11 Apr 2011

HK$100,000

HK$250

n/a
(not within Eligible Period)

Total

HK$1,330,000

HK$3,325

HK$2,500


6. The standard brokerage fees will be deducted upfront and the portion of waived brokerage fees will be reimbursed to the settlement account of Eligible Investment Account within 12 months upon account opening. Eligible Customers must not terminate or downgrade these accounts within 12 months in order to enjoy this Offer.
7. Other transaction fees/charges still apply. These include, without limitation, deposit transaction charge (for purchase orders only), SFC transaction levy, investor compensation levy, HKEx trading fee and stamp duty.
8. Each Eligible Customer will be entitled to the Offer once only. If customer is eligible to more than one concurrently running local securities promotional offers, the Bank reserves the right to award only the offer deemed to be of higher value at the Bank's discretion.

$0 Brokerage Fee Offer for U.S. Stocks (the "Offer")

1. The Offer is effective from 1 January 2011 to 31 December 2011, both dates inclusive (the "Promotional Period").
2. The Offer is only applicable to the sole or principal account holders of HSBC Integrated Investment Services Account with account suffix 380 who successfully activate the U.S. stock trading service during the Promotional Period (the "Eligible Customers") (the "Eligible Investment Account").
3. Customer who is currently holding or has terminated any HSBC Integrated Investment Services Account activated with the U.S. stock trading service within six months prior to the specific dates listed in the below table will not be eligible to this Offer:

Promotional Period Six months prior to below specific dates
1 January 2011 - 31 March 2011
1 January 2011
1 April 2011 - 30 June 2011 1 April 2011
1 July 2011 - 30 September 2011 1 July 2011
1 October 2011 - 31 December 2011 1 October 2011

4. The Offer is a brokerage fee waiver applicable to U.S. stocks transactions which are effected via HSBC Stock Express (www.hsbc.com.hk/stockexpress), HSBC Mobile Banking (www.hsbc.com.hk) or HSBC Manned Phonebanking Service (for HSBC Premier and HSBC Advance customers only) through the Eligible Investment Account within 30 calendar days upon its U.S. stock trading service activation date (the "Eligible Period") (the "Eligible Transactions"). The U.S. stock trading service activation date is the later date between the creation dates of W-8BEN Form and NYSE Market Data Agreement according to the Bank record.
5. Eligible Customers will enjoy $0 brokerage fee for all Eligible Transactions until the total cumulative standard brokerage fee reaches HK$2,500 for HSBC Advance Eligible Customers. All subsequent transactions will be subject to standard brokerage fees (minimum brokerage fee per transaction for the first 1,000 shares: HSBC Stock Express / HSBC Mobile Banking - US$18; HSBC Manned Phonebanking Service - US$38).

Example (HSBC Advance Eligible Customer):
The Eligible Customer has successfully activated the U.S. stock trading service of an Eligible Investment Account on 1 March 2011 and conducts the following Eligible Transactions during the Eligible Period:

Trade date

Transaction Channel

No. of shares

Standard
brokerage fee

Waived brokerage fee

7 Mar 2011

Stock Express

15,000

US$228 x $7.8 = HK$1,778.4

HK$1,778.4

21 Mar 2011

Manned Phonebanking

10,000

US$173 x $7.8 = HK$1,349.4

HK$721.6
(subject to cap)

25 Mar 2011

Mobile Banking

500

US$18 x $7.8 = HK$140.4

n/a
(over cap)

11 Apr 2011

Manned Phonebanking

800

US$38 x $7.8 = HK$296.4

n/a
(not within Eligible Period)

Total

 

26,300

HK$3,564.6

HK$2,500


6. The standard brokerage fees will be deducted upfront and the portion of waived brokerage fees will be reimbursed to the settlement account of Eligible Investment Account within 12 months upon its U.S. stock trading service activation date. Eligible Customers must not terminate or downgrade these accounts within 12 months in order to enjoy this Offer.
7. The waived brokerage fees will be converted to and paid in Hong Kong dollars at a prevailing exchange rate designated by the Bank from time to time.
8. Other transaction fees/charges still apply. These include, without limitation, SEC fee (for sell transaction only).
9. Each Eligible Customer will be entitled to the Offer once only. If customer is eligible to more than one concurrently running U.S. stock promotional offers, the Bank reserves the right to award only the offer deemed to be of higher value at the Bank's discretion.
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All life insurance plans are underwritten by HSBC Life (International) Limited. All medical and general insurance plans are underwritten by HSBC Insurance (Asia) Limited. HSBC Life (International) Limited and HSBC Insurance (Asia) Limited are authorised and regulated by the Commissioner of Insurance of the Hong Kong SAR. The Hongkong and Shanghai Banking Corporation Limited is an insurance agent authorised by HSBC Life (International) Limited and HSBC Insurance (Asia) Limited. The information shown is intended as a general summary. For charges and details, please refer to the relevant Product Brochures and policies or contact any HSBC branches or staff for offer details.

The contents of this document have not been reviewed by the Securities and Futures Commission.