Top of main content

All@HSBC One. All at once.

Open an account via mobile and earn up to HKD2,400 in rewards21

An account that combines all the perks

HSBC One helps you plan ahead with spending and money management while learning about how to invest. Not to mention, we have the most exciting merchant offers in town to help you earn while you spend, plus a wellness reward programme that enables you to be physically, mentally and financially fit. With these combined banking perks, we can help you realise a better version of yourself! It’s time to start your MEvolution@HSBC One, all at once. Open an account via the HSBC HK App in just 5 minutes6 and earn up to HKD2,400 in rewards21 !

Your finances all in one place with up to HKD2,400 in rewards21

Earn up to HKD4001 when you open your account via the HSBC HK App

Be better every way with all the banking innovations!

Earn HKD5002 and HKD1003 with your first designated investment transaction and fund trading

Begin your investment journey to step up from Wealth A0 to Wealth Pro!

Welcome offer up to $1,100 RewardCash4 for an HSBC credit card

Earn and burn RewardCash while you shop the hottest trends!

Receive up to HKD300 HKTVmall5 e-coupon when you successfully apply for selected HSBC Life insurance plans

Protect yourself on health and wealth while planning for a no-fuss future!

Students, let’s get started!

Apart from being book smart, university students like yourself should also learn about investments to increase your wealth management knowledge as soon as possible!

In order to cope with your financial needs like paying tuition fees or living in halls, HSBC One brings you exclusive account opening rewards for students aged 18–25 with low barrier and low-cost options to kick start your wealth management journey, all with your mobile device.

- Earn HKD400 if you are new to HSBC and open an account via the HSBC HK App1

- Earn HKD5002 when you make your first designated investment of HKD500 or above via Trade257

- Earn $300 RewardCash when you apply for an HSBC Visa Gold Card for Students8 and get an extra $100 RewardCash with account opening

- Earn up to $400 RewardCash9 reabate when you pay tuition fees with your HSBC Visa Gold Card for Student

- $0 commission for stock trading on HK, US and China A shares10 with Trade257

All@HSBC One, strive for the better all at once

Your budget unfolded – be smart in money management

Using the HSBC HK App, 5 minutes6 is all it takes to open an account, so you can manage finances anytime, anywhere.

The HSBC HK App also comes with 'Budget', a tool that helps you take control of your finances by using data to automatically track all the spending in your HSBC accounts and credit cards, providing you with analyses on your spending habits.

Open an HSBC One account via the HSBC HK App and earn:

  • HKD300 cash reward1 for new customers

  • HKD100 cash reward1 for existing customers

  • additional HKD100 cash rewards1 for customers aged 18 to 25

Quick tips

  • Simply download the HSBC HK App and open an HSBC One account, then head to the tabs on the homepage to explore the different banking categories. You can open an investment account, trade stocks, set up your monthly 'Budget', make financial transactions or set standing instructions. Do any of these 3 times or more to enjoy offer1

Build confidence in investment at low costs!

Log on to the HSBC HK Easy Invest app and join Trade 25, a pricing programme for young investors aged 18-257. Trade Hong Kong, US and China A shares with $0 commission and $0 platform fees for only HKD25 per month10. Say goodbye to Wealth A0 all at once!

With FlexInvest , you only need HKD100 to start investing in funds with a diversified portfolio, allowing you to establish your wealth quickly.

Feeling apprehensive about investing? We have our Wealth Coach to help answer your questions! Just go to ‘Chat with us’ on the HSBC HK App and you’ll be able to find them. You can even book a 1-on-1 session at the ChatnChill Bar via a Zoom meeting, where we will help you with your financial planning to reach your goals.

  • Make your first designated investment of HKD500 or above via HSBC Online or Mobile Banking to receive rewards up to HKD5002

  • Enjoy a HKD100 reward for your first trade with FlexInvest3

  • Transfer-in or deposit your stocks into an HSBC investment account and receive up to HKD3,500 cash rebate11

  • $0 handling fee when subscribing to new IPOs through Online Banking or the HSBC HK App12

  • Win a complete set of limited-edition autographed COLLAR collectible cards from lucky draw by reaching out our Wealth Coach via live chat/ mobile chat or investing eligible products via online or mobile banking. Learn more

Quick tips

  • Select the 'Investment' tab on the HSBC HK App, and you’ll be able to open an investment account in 6 simple steps. Make your first investment of HKD500 or above in stocks, unit trusts or hand-selected funds with FlexInvest to enjoy the offer2.
  • To enjoy the offer3, go to 'FlexInvest' on the 'Investment' tab to start trading unit trust for the first time.
  • Select 'IPO' on the 'Investment' tab to make an IPO subscription with handling fee waived12.
  • If you are 18 to 25 years old, all it takes is a few minutes to sign up for HSBC Trade257 and experience stock trading with $0 commission10. Open an investment account and download the HSBC HK Easy Invest app. Open the app, select the menu in the top left corner, and tap "Trade25" to apply.

Spend to your heart’s content

When you know how to use HSBC credit cards, the best credit card in town13 and PayMe, whether for online or physical shopping, you’ll find the best offers to explore all the shopping hotspots in Hong Kong – now you can earn and burn all at once!

This season, link your HSBC Visa Platinum Card to the designated loyalty programme and earn up to 6X points by spending at designated merchants14. You can also enjoy discounts of up to 8% off on Member Day and exclusive birthday offers at these merchants!

With Rewards of Your Choice, you can earn up to 2.4% RewardCash rebate15 all year round by allocating your extra RewardCash among your 5 preferred spending categories.

You can even settle your HSBC credit cards16 by instalments instantly during check-out at over 2,000 participating merchants17, so that you can enjoy more flexibility while spending.

  • Open an HSBC One account and earn up to $1,100 RewardCash when you successfully apply for an HSBC Visa Platinum Card4

  • A full handling fee reimbursement of RewardCash18 for the first approved 6-month Transaction Instalment with the amount of HKD1,000 or above.

Quick tips

  • On the HSBC HK App homepage, scroll down to select 'Credit cards', and then 'Discover credit cards' to apply for the card that best suits your needs. Receive up to $1,000 RewardCash when you successfully apply for one and an extra $100 RewardCash when you open an HSBC One account at the same time.4
  • Remember to download Reward+ and PayMe, so that you can look at all the available offers, no matter when or where! 

Keep your body, mind and finances fit!

HSBC Insurance offers an array of life insurance products to help you safeguard your promise and offer financial security to your loved ones. It also serves as a wealth planning tool to help you build your wealth and take a big step towards your dreams – plan for your future all at once!

Well+, a new health and wellness programme that offers a wide range of activities and advice for developing a healthy lifestyle, helps you to improve the wellness of your body, your mind and your money while earning exciting rewards.

  • Receive a HKTVmall e-coupon of up to HKD300 when you successfully apply for a selected HSBC Life insurance plan5

  • Become an HSBC Life customer and join Well+ to receive up to $2,000 RewardCash19,20

Quick tips

  • On the HSBC HK App homepage, select 'Insurance' and tap on 'Life Protection' to apply for HSBC Family Protector or apply for other designated plans via video-enabled meetings After you successfully apply for a life insurance plan with a first-year annualised new premium of HKD5,000 or above, you can enjoy reward when you open an HSBC One account within 5 months.5
  • To become a Well+ member instantly, go the HSBC HK App homepage, select 'Insurance' and then 'Well+'. You will need to complete various activities to unlock the Body, Mind and Money badges. By getting all the badges to reach a certain level, you will be able to earn the respective amount of RewardCash. HSBC Life customers can even earn extra of up to HKD2,000 RewardCash19,20.

Opening an account is easy

New to HSBC?

Simply download the HSBC HK App and open an HSBC One account in minutes6.

This link will open in a new window
HSBC app logo with QR code

Already with HSBC?

If you already hold a current, saving, time deposit or investment account that is not under an HSBC integrated account, you can open an HSBC One account via the HSBC HK App to unlock better banking at fewer fees instantly.

Apply in branch

Prefer a personal touch? Visit us at your nearest branch and we'll help you open your HSBC One account.

If you have any questions about applying for an account, you can chat with us via the Live Chat tab on HSBC website or WhatsApp us on +852 2233 3000.

To borrow or not to borrow? Borrow only if you can repay!

Investment involves risk.

Important information

Terms and conditions

Remarks:

1.The promotional period is from 3 May 2022 to 31 July 2022 (both dates inclusive). This offer is applicable to HSBC customers who successfully open a new HSBC One account through the HSBC HK App, completing any combination of 3 designated mobile banking transactions/activities and fulfilling the requirements of Mobile Account Open Offer within promotional period from 3 May 2022 to 31 July 2022 (both dates inclusive).

i. New to HSBC eligible customer is entitled to have HKD300 cash reward – must be an HKID holder (permanent or non-permanent resident), aged 18–64 residing in Hong Kong, and must not be a holder of any HSBC banking or investment accounts or credit cards (including supplementary credit cards);

ii. Existing HSBC eligible customer is entitled to have HKD100 cash reward – must be a holder of a standalone HSBC current, savings, Time Deposit or investment account (not under an integrated account), aged 18–64 residing in Hong Kong and must NOT be a holder of an Integrated Account;

iii. For aged 18 to 25 (inclusive) – Customer at the time of HSBC One account opening is entitled to have additional HKD100. Terms and conditions apply. Please refer to the Promotional Terms and Conditions of Mobile Account Opening Offer – Up to HKD400 cash reward for further details.

2.The promotional period is from 3 May 2022 to 31 July 2022 (both dates inclusive). This offer is applicable to eligible customers who successfully complete designated investment transactions of a minimum of HKD500 via Online or Mobile Banking, either for the first time or have no investment transactions of stock, Stock Monthly Investment Plan, FlexInvest, Unit Trusts or Unit Trust Monthly Investment Plan at the Bank in the past 12 months. Each eligible customer is entitled to receive the HKD500 cash reward once. Terms and conditions apply

3.The promotional period is from 1 January 2022 to 31 December 2022 (both dates inclusive). The offer is applicable to HSBC customers who completed their first-time order via FlexInvest and the order satisfies the requirement of:

i. Successful subscription order of HKD5,000 or above; OR

ii. Successful contribution of HKD5,000 or above in one monthly investment plan in Flexlnvest during the promotional period and the order must be settled to enjoy a HKD100 rebate.

Terms and conditions apply. Please refer to the Terms and Conditions of FlexInvest Offer for further details.

4.The offer includes HSBC Credit Card Welcome Offer with promotional period from 1 March 2022 to 31 July 2022, HSBC Visa Platinum Card Welcome Offer with promotional period from 4 March 2022 to 31 July 2022 and HSBC One x HSBC Credit Card Top Up Offer (the “Top Up Offer”) with promotional period from 3 May 2022 to 31 July 2022. The Top Up Offer only applies to customers who successfully open or convert to HSBC One and fulfil the requirements in the relevant Promotional Terms and Conditions from 3 May 2022 to 31 July 2022 (both dates inclusive).

This offer includes:

  Welcome Offers – Welcome Gift
Welcome offer – Money Back Reward (successfully link your HSBC Visa Platinum Card to MoneyBack App)
HSBC One x HSBC Credit Card Top Up Offer
Total
HSBC EveryMile Credit Card
Up to $800 RewardCash
Not applicable
$100 RewardCash
Up to $900 RewardCash
HSBC Visa Signature Card
Up to $800 RewardCash
Not applicable
$100 RewardCash
Up to $900 RewardCash
HSBC Visa Gold Card
Up to $800 RewardCash
Not applicable
$100 RewardCash
Up to $900 RewardCash
HSBC UnionPay Dual Currency Credit Card
Up to $800 RewardCash
Not applicable
$100 RewardCash
Up to $900 RewardCash
HSBC Pulse UnionPay Dual Currency Diamond Credit Card
Up to $800 RewardCash
Not applicable
$100 RewardCash
Up to $900 RewardCash
HSBC Visa Platinum Card
Up to $800 RewardCash
Up to $200 RewardCash
$100 RewardCash
Up to $1,100 RewardCash

This offer includes:

  HSBC EveryMile Credit Card
Welcome Offers – Welcome Gift
Up to $800 RewardCash
Welcome offer – Money Back Reward (successfully link your HSBC Visa Platinum Card to MoneyBack App)
Not applicable
HSBC One x HSBC Credit Card Top Up Offer
$100 RewardCash
Total
Up to $900 RewardCash
  HSBC Visa Signature Card
Welcome Offers – Welcome Gift
Up to $800 RewardCash
Welcome offer – Money Back Reward (successfully link your HSBC Visa Platinum Card to MoneyBack App)
Not applicable
HSBC One x HSBC Credit Card Top Up Offer
$100 RewardCash
Total
Up to $900 RewardCash
  HSBC Visa Gold Card
Welcome Offers – Welcome Gift
Up to $800 RewardCash
Welcome offer – Money Back Reward (successfully link your HSBC Visa Platinum Card to MoneyBack App)
Not applicable
HSBC One x HSBC Credit Card Top Up Offer
$100 RewardCash
Total
Up to $900 RewardCash
  HSBC UnionPay Dual Currency Credit Card
Welcome Offers – Welcome Gift
Up to $800 RewardCash
Welcome offer – Money Back Reward (successfully link your HSBC Visa Platinum Card to MoneyBack App)
Not applicable
HSBC One x HSBC Credit Card Top Up Offer
$100 RewardCash
Total
Up to $900 RewardCash
  HSBC Pulse UnionPay Dual Currency Diamond Credit Card
Welcome Offers – Welcome Gift
Up to $800 RewardCash
Welcome offer – Money Back Reward (successfully link your HSBC Visa Platinum Card to MoneyBack App)
Not applicable
HSBC One x HSBC Credit Card Top Up Offer
$100 RewardCash
Total
Up to $900 RewardCash
  HSBC Visa Platinum Card
Welcome Offers – Welcome Gift
Up to $800 RewardCash
Welcome offer – Money Back Reward (successfully link your HSBC Visa Platinum Card to MoneyBack App)
Up to $200 RewardCash
HSBC One x HSBC Credit Card Top Up Offer
$100 RewardCash
Total
Up to $1,100 RewardCash

5. The promotional period is from 1 May 2022 to 31 December 2022 (both dates inclusive). This promotion is applicable for customers who opens or converts to an HSBC One account from 1 April 2022 to 31 December 2022 (both dates inclusive) and for a selected life insurance plan underwritten by HSBC Life (International) Limited within 5 months of HSBC One Account opening. Subject to the Terms and Conditions, for eligible applications made through the Bank, the amount of HKTVmall e-coupon entitled to the eligible customer will be as follows.

The promotional offer is not transferrable.

Annualised New Premium

(Before any applicable discount)

HKTVmall e-coupon Amount
From HKD5,000 to HKD9,999
HKD150
HKD10,000 or above
HKD300

The promotional offer is not transferrable.

Annualised New Premium

(Before any applicable discount)

From HKD5,000 to HKD9,999
HKTVmall e-coupon Amount
HKD150

Annualised New Premium

(Before any applicable discount)

HKD10,000 or above
HKTVmall e-coupon Amount
HKD300

Terms and Conditions apply. Please refer to the Terms and Conditions for Selected Life Insurance Offer for New to HSBC One account – Up to HKD300 HKTVmall e-coupon for further details.

6. Actual required time may differ depending on individual circumstances.

7. To join Trade25, you must be aged 18 to 25 (inclusive), be the sole or primary account holder of an eligible Investment Account and join through HSBC HK Easy Invest app. Please refer to the relevant Conditions for further details.

8. The offer includes $300 RewardCash for HSBC Visa Gold Card for Students Welcome Offer with promotional period from 1 April 2022 to 31 March 2023 and $100 RewardCash for HSBC One x HSBC Credit Card Top Up Offer with promotional period from 3 May 2022 to 31 July 2022. This offer of up to $400 RewardCash only applies to eligible customers fulfilling the requirements in the relevant Promotional Terms & Conditions from 3 May 2022 to 31 July 2022 (both dates inclusive). Terms and conditions apply. Please refer to the Terms and Conditions for HSBC Visa Gold Card for Students Welcome Offerand Promotional Terms and Conditions of HSBC One x HSBC Credit Card Top Up Offer – $100 RewardCash for further details.

9. The promotional period is from 1 April 2022 to 1 March 2023. This reward is only applicable to HSBC Visa Gold Card for Students. Eligible transactions include tuition fee payment to designated merchants under bill payment via HSBC HK Mobile Banking app or Personal Internet Banking. Unposted/ cancelled/ refunded transactions will not be counted as Eligible Transactions. Terms and conditions apply. Please refer to the Terms and Conditions for Visa Gold Card for Students “2.4% RewardCash Rebate for Online Tuition Fee Payment to Designated Institutions”for further details.

10. $0 commission applies to the first HKD250,000 cumulative monthly trading volume. Service is subject to terms and conditions. Please refer to this page for further details: www.hsbc.com.hk/trade25.

11. The promotional period is from 1 January 2022 to 31 December 2022 (both dates inclusive). Each eligible customer (with the same identity document and regardless of the number of eligible investment accounts he/she opens during the Promotional Period) who transferred-in or deposited any HK, US stocks or China A shares into any HSBC’s eligible investment account from a non-HSBC account outside the Bank during the promotional period is only entitled to receive the cash rebate equivalent to 0.2% of the market value of the HK, US stocks or China A shares transferred-in or deposited, for a maximum of HKD3,500, whichever is the higher. The offer is not applicable to any transfer between any HSBC investment accounts. The market value of the transferred-in/deposited stocks is determined by the market closing price at the stock settlement date multiplying the number of shares of transferred-in/deposited stocks. Terms and conditions apply. Please refer to here for further details.

12. The promotional period is from 1 January 2022 to 31 December 2022. The offer does not include 1% brokerage fee, SFC transaction levy, HKEx trading fee and other local securities service fees in relation to the bank.

13. The above statements are based on the perception rating results from the Pulse Study conducted by Kantar UK Ltd between July 2020 to December 2020 that covered a population representative sample of 949 credit card holders in Hong Kong.

14. The promotional period is from 4 March 2022 (8 am) to 28 February 2023 (both dates inclusive). HSBC Visa Platinum cardholder can enjoy up to 6X MoneyBack Points (equivalent to 2.4% rebate) when spending at PARKnSHOP, Watsons, and FORTRESS with the card every day and enjoy designated discounts on Member Day when using the card at the physical or online store of PARKnSHOP, Watsons and FORTRESS upon linking respective Card to the MoneyBack App. Terms and conditions apply. Please refer to here for further details.

15. The promotional period is from 1 January 2022 to 31 December 2022. Terms and conditions apply. Please refer to here for further details.

16. Interest-free Merchant Instalment is not applicable to HSBC Pulse UnionPay Dual Currency Diamond Credit Card and HSBC UnionPay Dual Currency Card.

17. Participating merchant offers various repayment tenors and may require minimum transaction amount for setting up merchant instalment. Unless being mentioned under "Designated online merchants", merchant instalment could only be set up at physical stores of the participating merchants. For details, please contact the merchant directly. Terms and conditions apply. Please refer to here for further details.

18. The promotional period is from 28 June 2022 to 30 September 2022 (both dates inclusive). Each cardholder can enjoy the offer once only. The maximum RewardCash rewarded for this offer is up to $300. Please refer to the Terms and Conditions of Spending Instalment Plan Promotion for further details.

19. The scheme is subject to terms and conditions. Please refer to here for further details.

20. The $2,000 RewardCash offer is only applicable to HSBC life customer who is the policyholder of eligible insurance plans. Please refer to Well+ website for relevant Terms and Conditions and Frequently asked questions (FAQs). 

21. The maximum rewards of HKD2,400 is only applicable to customers who open or convert an existing account to an HSBC One account during the promotional period from 3 May 2022 to 31 July 2022 (both dates inclusive) and fulfil the requirement of the relevant Promotional Terms and Conditions during the respective promotional period. It comprises the total sum of up to HKD400 cash reward under the Mobile Account Opening Offer, HKD500 cash reward under HKD500 Investment Offer, HKD100 rewards under FlexInvest Offer, up to $1,100 RewardCash under HSBC Credit Card Welcome Offer, HSBC Visa Platinum Card Welcome Offer, HSBC One x HSBC Credit Card Top Up Offer and HKD300 rewards under Selected Life Insurance Offer for New to HSBC One account Offer. Terms and conditions apply. 

The screen display is for information and illustration purposes only.

Important Risk Warning

  • Unit Trusts, Bonds, Certificates of Deposit (CDs), structured products (including Equity Linked Investments, Structured Notes, Deposit Plus, Structured Investment Deposits and Capital Protected Investment Deposits) are NOT equivalent to time deposits. Unit Trusts and Bonds and some of the Structured Products are investment products and some Unit Trusts and Structured Products may involve derivatives. The investment decision is yours but you should not invest 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.
  • The price of securities/structured products may move up or down and may become valueless. Losses may be incurred as well as profits made as a result of buying and selling securities/structured products.
  • In the worst case scenario, the value of the products may be worth substantially less than the original amount you invested (and in an extreme case could be worth nothing).
  • Issuer’s Risk – Bonds, CDs and structured products 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 interest/coupon if the issuer defaults on the Bonds, CDs and Structured Products.
  • Investors should not make investment decisions based on this material alone.
  • Investment involves risks. Past performance of the products is no guide to future performance. For details of the products, the related fees and charges and risk factors, please refer to the individual product materials and/or offering materials.
  • Currency conversion risk – the value of your foreign currency and RMB deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your foreign currency and RMB deposit to other currencies at an exchange rate that is less favourable than that exchange rate in which you made your original conversion to foreign currency and RMB, you may suffer loss in principal.
  • RMB denominated products are subject to liquidity risk as there may be no regular trading and active secondary market for RMB Income Instruments. The bid and offer spread of the price of RMB Income Instruments may be large, so investors may incur significant trading and realisation costs and may suffer losses accordingly.
  • Warrants and CBBCs are non-collateralised products. The price of the Warrants/CBBCs may fall in value as rapidly as it may rise and investors may sustain a total loss of their investment. Prospective investors should ensure that they understand the nature and risks and seek for professional advice where applicable.
  • Additional risks are disclosed in the “Risk Disclosure” section. Please refer to “Risk Disclosure” section for details.

Investors should read the terms and conditions contained in the relevant offering documents in particular “Important Risk Warning” and “Risk Disclosure". Content of “Important Risk Warning” and “Risk Disclosure” is updated on a regular basis. For details of individual investment products, please refer to the relevant individual product materials.

Structured Investment Deposits, Deposit Plus, Capital Protected Investment Deposits and CDs are not protected deposits and are not protected by the Deposit Protection Scheme in Hong Kong. Deposit Plus is NOT principal protected.

Important:

The HSBC HK Reward+ Mobile App (“Reward+”) and the content of this material/correspondence are provided by The Hongkong and Shanghai Banking Corporation Limited (“HSBC HK”). Reward+ is intended for download and use by the public of Hong Kong. It is not intended for download, or use by, any person in any jurisdiction where such download or use would be contrary to any law or regulation of such jurisdiction or where we are not licensed or authorised to provide Reward+ and/or any of its services, functions or features.

The HSBC HK Easy Invest App (“Easy Invest”) and the contents of this material/correspondence are provided by The Hongkong and Shanghai Banking Corporation Limited (“HSBC HK”) for the use of existing HSBC HK customers only. You should download Easy Invest only if you are an existing HSBC HK customer. Easy Invest is not intended for download, or use, by any person in any jurisdiction where such download or use would be contrary to any law or regulation of such jurisdiction or where HSBC HK is not licensed or authorised to provide Easy Invest and/or any of the Services.

Risk Disclosure

Unit Trusts

  • In the worst case scenario, the value of the funds may be worth substantially less than the original amont you invested (and in an extreme case could be worth nothing).
  • 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.
  • 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.
  • 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 counterparty with which a fund trades such instruments, which could result in substantial loss to a fund.

Bonds and Certificates of Deposit (“CDs”)

  • Bonds/CDs 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 your bonds/CDs prior to maturity.
  • It is the issuer to pay interest and repay principal of bonds/CDs. If the issuer defaults, the holder of bonds/CDs may not be able to receive back the interest and principal. The holder of bonds/CDs bears the credit risk of the issuer and has no recourse to HSBC unless HSBC is the issuer itself.
  • Indicative price of bonds/CDs are available and bonds/CDs price do fluctuate when market changes. Factors affecting market price of bonds/CDs 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/CDs. There is an inherent risk that losses may be incurred rather than profit made as a result of buying and selling bonds/CDs.
  • If you wish to sell bonds/CDs, the Bank may repurchase them 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 the bond/CDs to your home currency.
  • The secondary market for bonds/CDs 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/CDs.
  • If bonds/CDs are early redeemed, you may not be able to enjoy the same rates of return when you use the funds to purchase other products.

Renminbi (“RMB”) Products

  • There may be exchange rate risks if you choose to convert payments made on RMB related products to your home currency.
  • 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.
  • In general, RMB equity products are exposed to the usual kind of default risks that might be associated with equity products denominated in other currencies.
  • RMB debt instruments are subject to interest rate fluctuations, which may adversely affect the return and performance of the RMB products.
  • You could lose part or all of your principal if you choose to sell your RMB products prior to maturity.

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.

China A Shares

  • Investment in China A Shares through Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect involves risks. 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 securities may move up or down. Losses may be incurred and profits may be made as a result of buying and selling securities.
  • For further information, you should refer to the risk disclosures and other terms set out in the China Connect/Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect Terms and Conditions.

Currency Conversion

  • The value of your foreign currency and RMB deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your foreign currency and RMB deposit to other currencies at an exchange rate that is less favourable than the exchange rate in which you made your original conversion to that foreign currency and RMB, you may suffer loss in principal.

Life Insurance

  • The life insurance protection plans are underwritten by HSBC Life (International) Limited (“HSBC Life”), which is authorised and regulated by the Insurance Authority of the Hong Kong SAR to carry on long-term insurance business in the Hong Kong SAR. HSBC Life will be responsible for providing your insurance coverage and handling claims under your life insurance policy. The Hongkong and Shanghai Banking Corporation Limited (“the Bank”) is registered in accordance with the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) as an insurance agent of HSBC Life for the distribution of life insurance products in the Hong Kong SAR. The above products are products of HSBC Life but not the Bank and they are intended only for sale in the Hong Kong SAR. For product details and related charges, please refer to the relevant brochures and policy provisions.
  • In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between HSBC and you out of the selling process or processing of the related transaction, HSBC is required to enter into a Financial Dispute Resolution Scheme process with you; however, any dispute over the contractual terms of the above insurance product should be resolved between HSBC Life and you directly.

 

The remuneration for sales staff is determined based on the staff's overall performance with reference to a wide range of factors, and is subject to review from time to time, for the purpose of encouraging the building of deep, long-lasting and mutually valuable relationships with customers. It is not determined solely on financial performance.

Making available to you any advertisements, marketing or promotional materials, market information or other information relating to a product or service shall not, by itself, constitute solicitation of the sale or recommendation of any product or service. If you wish to receive solicitation or recommendation from us, please contact us and, where relevant, go through our suitability assessment before transacting.

The information in this document does not constitute a solicitation for making any deposit or investment in any products referred to herein. 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. This material has not been reviewed by the Securities and Futures Commission of Hong Kong.