Exclusive offers

1. The HSBC Premier welcome rewards worth up to HKD48,200 is only eligible to customers who successfully join HSBC Premier from 2 July 2023 to 30 December 2023 and fulfil the offer requirements. Terms and conditions apply, please refer to the enclosed terms and conditions.  
2. Customers after joining HSBC Premier are required to maintain an average daily Total Relationship Balance for 3 consecutive months at HKD1,000,000 or above, or a monthly below balance fee of HKD380 will apply after the 6-month Below Balance Fee Waiver Offer ends. Terms and conditions apply, please refer to the enclosed terms and conditions.
3. If Eligible Customers cannot meet the New Fund Offer requirements as stated in remark 4, but (i) successfully opened / converted an account to an HSBC Premier Integrated Account during the promotional period, and (ii) successfully opened and maintained a valid Premier investment account, and successfully registered for / or maintained HSBC Personal Internet Banking as at the last day of the first calendar month after the month of account opening / conversion and successfully logged in to Personal Internet Banking at least once on or before such date, and (iii) maintained at least HKD1,000,000 for the second, third, fourth and fifth calendar months after the month of account opening / conversion, and can maintain a positive deposit balance in the Premier Account until receiving the TRB Offer, Eligible Customers can enjoy the Total Relationship Balance Offer. Terms and conditions apply, please refer to the enclosed terms and conditions.
4. This Offer is only for Eligible Customers who (i) successfully opened / converted an account to an HSBC Premier Integrated Account during the promotional period, and (ii) successfully opened and maintained a valid Premier investment account, and successfully register for / or maintained HSBC Personal Internet Banking as at the last day of the first calendar month after the month of account opening / conversion and successfully logged in to Personal Internet Banking at least once on or before such date, and (iii) placed New Fund of at least HKD1,000,000 in the Premier Account on or before the last day of the first calendar month after the month of account opening / conversion, and (iv) maintained the New Fund for the second, third, fourth and fifth calendar months after the month of account opening / conversion. Terms and conditions apply, please refer to the enclosed terms and conditions.
5. The promotion is valid from 7 November 2023 to 30 December 2023. Investment involves risk. The Offer is only applicable to Eligible Customers who successfully take up wealth management product(s) under any of the following product categories and reached a specified accumulated amount: (i) lump sum subscription of Unit Trusts including transfer-in or deposit from a non-HSBC account (excluding Unit Trusts Monthly Investment Plans and switching of Unit Trusts), (ii) purchase of Bonds/Certificates of Deposit (excluding bonds in respect of initial public offering), (iii) subscription of Structured Investment Products, and (iv) purchases of securities (all types of stocks). To enjoy the Offer, any such transaction must be executed via a Premier investment account during the promotional period, or by the last day of the third calendar month following the month of the Premier Account opening / conversion, whichever is later. Terms and conditions apply, please refer to the enclosed terms and conditions. ‘Eligible New Fund Amount’ is the net increase between your total account balances (across all of your deposit accounts) 7 days ago and your total account balance today. This amount is calculated in HKD. If you've placed a time deposit with new funds in the past 7 calendar days, that amount will not be included as part of your current new funds.
6. The promotion is valid from now until 31 December 2023. Investment involves risk. Terms and conditions apply. To learn more, please visit here.
7. The promotion is valid from 7 November 2023 to 31 December 2023. The offer if not applicable to any endowment plans, HSBC Family Protector, HSBC Voluntary Health Insurance Plan and HSBC Wealth Select Protection Linked Plan. Terms and conditions apply, please refer to the enclosed terms and conditions.
8. An Eligible Customer who has auto payroll records with the Bank during the 6 months prior to the first deposit of monthly payroll amount made and received by the Bank under this promotion, will not be qualified for the payroll offer. The monthly auto payroll amount appearing in the Bank's records shall be final and conclusive. Terms and conditions apply, please refer to the enclosed terms and conditions.
9. Terms and conditions apply, please refer to the enclosed terms and conditions.
10. Terms and conditions apply, please refer to the enclosed terms and conditions.
11. The offer is only applicable to customer who successfully opens an HSBC Premier account via the HSBC HK App within promotional period, conduct 3 times of any mobile banking transactions within the promotional period and fulfils the requirements of the Mobile Account Opening Offer. Eligible Customer is entitled to receive HKD700 cash reward. The customer must be an HKID holder (permanent or non-permanent resident, aged 18–64, residing in Hong Kong, not holding any HSBC credit card (including supplementary credit card) and not a holder of any HSBC banking or investment accounts or credit cards (including supplementary credit cards) when opening an HSBC Premier account. Terms and conditions apply, please visit here for details.
12. Each HSBC Premier customer can enjoy the Referral Rewards for a maximum of 10 referrals under this Programme. The Referrer can receive HKD1,500 cash reward for each successful referral under the Programme and up to HKD15,000 cash reward if 10 referrals are made successfully. The cash reward will be credited to the Referrer’s Premier account by 31 July 2024.
13. Eligible Referrer must fulfil the following requirements: (a) an existing HSBC Premier customer who maintains a minimum of HKD1,000,000 Average Daily Total Relationship Balance from Referee’s account opening or conversion date to the fifth calendar month after the month of his/her account opening or conversion, or (b) a new-to-Premier customer who successfully opens or converts an account to an HSBC Premier Integrated Account during the promotional period, has placed new/maintained existing fund to fulfill a minimum of HKD1,000,000 Total Relationship Balance on or before the last day of the first calendar month after the month of account opening or conversion, and maintains a minimum of HKD1,000,000 Average Daily Total Relationship Balance throughout the second, third, fourth and fifth calendar months after the month of account opening or conversion, has not previously held a Premier Account (including sole accountholders and all joint accountholders) in the past 9 months (both dates inclusive) prior to the new Premier Account opening or conversion month. Please refer to the Promotional Terms and Conditions for the definitions of "Average Daily Total Relationship Balance" and details.
14. The Referrer's contact number provided by the Referee must be accurate and align with the Bank record for fulfilment purposes.
15. Eligible Referee must fulfil the following requirements: (a) successfully opens or converts an account to an HSBC Premier Integrated Account during the promotional period, and (b) has not previously held a Premier Account (including sole accountholders and all joint accountholders) in the past 9 months (both dates inclusive) prior to the new Premier Account opening or conversion month, and (c) successfully opened/maintained a valid Premier investment account and has successfully registered for/maintained HSBC Online Banking or Mobile Banking as at the last day of the first calendar month after the month of account opening or conversion, logged in to HSBC Online Banking or Mobile Banking at least once on or before the last day of the first calendar month after the month of account opening or conversion, and (d) has placed new/maintained existing fund to fulfill a minimum of HKD1,000,000 Total Relationship Balance on or before the last day of the first calendar month after the month of account opening or conversion, and maintains a minimum of HKD1,000,000 Average Daily Total Relationship Balance throughout the second, third, fourth and fifth calendar months after the month of account opening or conversion. Please refer to the Promotional Terms and Conditions for the definitions of "Average Daily Total Relationship Balance" and details.
16. The interest rates are not guaranteed and maybe subject to revision, as per prevailing market conditions. The current HSBC Premier new fund time deposit rates are reference to the rates applicable to branch/phone-banking. Please visit HSBC Hong Kong Deposit Offers website or contact your Relationship Manager for the latest rates.  
17. To enjoy the 1-month HKD time deposit rewards, customers need to make at least 1 trade per month. The current preferential 1-month time deposit rate is 5% p.a. (which will be applied to the trades executed in December 2022) and starting from February 2023, the preferential 1-month time deposit rate will be changed into 10% p.a. (which will be applied to the trades executed from January 2023 onwards). Interest rates are not guaranteed and may be subject to change as per prevailing market conditions.
18. Applicable to permanent residents aged 18-64 residing in Hong Kong who do not hold any HSBC bank/ investment accounts or credit cards currently. If you fall outside this criteria, you can apply in a branch or by phone.
19. For new customers, just bring your identification document and a recent proof of address. Please visit https://www.hsbc.com.hk/docs/premier/application-notes.pdf for details of account opening required documents. For existing customers upgrading to a Premier account, you don't need to bring an identification document or a proof of address when applying in branch. You can set up HSBC Premier Junior Pack and Premier for Next Generation accounts for your children, and create an investment account when you apply in branch.

• Unit Trusts are investment products and some may involve derivatives. The investment decision is yours but you should not invest in the Unit Trusts 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
• Unit Trusts are NOT equivalent to time deposits
• In the worst case scenario, the value of the unit trusts may be worth substantially less than the original amount you have invested
• 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 exchange involves risk. 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.

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 recognized exchange. Such instruments are not afforded the same protections as may apply to participants trading financial derivative instruments on organized 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”)

1. 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.
2. The Bank provides indicative prices of bonds/CDs and the bonds/CDs prices may and/or 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.
3. 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 the Bank unless the Bank is the issuer itself.
4. If you wish to sell the bonds/CDs purchased through the Bank, 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.
5. There may be exchange rate risks if you choose to convert payments made on the bond/CDs to your home currency.
6. 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.
7. 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.

Deposit Plus

1. Credit risk of the Bank - Deposit Plus is not secured by any collateral. When you invest in this product, you will be relying on the Bank's creditworthiness. If the Bank becomes insolvent or defaults on its obligations under this product, you can only claim as an unsecured creditor of the Bank. In the worst case, you could suffer a total loss of your deposit amount.
2. DPS is not principal protected. The net return in relation to Deposit Plus will depend upon market conditions prevailing at the deposit fixing time on the deposit fixing date. You must be prepared to incur loss as a result of depreciation in the value of the currency paid. Such loss may offset the interest earned on the deposit and may even result in losses in the principal amount of the deposit.

Renminbi (“RMB”) Related Products

1. There may be exchange rate risks if you choose to convert payments made on RMB related products to your home currency.
   RMB related 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.
2. 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.
3. RMB debt instruments are subject to interest rate fluctuations, which may adversely affect the return and performance of the RMB products.
4. You could lose part or all of your principal if you choose to sell your RMB products prior to maturity.

Securities Trading

1. The Bank does not provide investment advice on stock trading. Stock trading services provided through any channel involve no solicitation of the sale or recommendation of, or advice on, any stocks from us. All transactions involving the purchase and sale of stocks that you enter into any channel are conducted on an execution-only basis and based on your own judgment; and are not in any way a confirmation or an endorsement from us that it is suitable for you.
2. Making available to you any advertisements, marketing or promotional materials is part of our Bank’s ordinary course of securities dealing business. It shall not, by itself, constitute solicitation of the sale or recommendation of any investment products.
3. Investment involves risk. Notwithstanding the benefits of offer(s) mentioned herein, you should carefully consider the risks and features of any investment products (including but not limited to equities/exchange traded funds/exchange traded derivatives & structured products) or services mentioned herein to assess whether they are appropriate for you in view of your investment experience, objectives, financial resources and relevant circumstances. The price of investment products may move up or down. Losses may be incurred as well as profits made as a result of buying and selling investment products.

China A Shares

1. 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.
2. 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.
   

Terms and Conditions for Unit Trusts Fees & Charges :

• Other promotional offers on open-end fund initial charge maybe available from time to time. Customer will enjoy the preferential initial charge offer set out above or the prevailing promotional offer, whichever rate is lower.
• Details of this open-end fund 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”) without prior notice.
• The Bank reserves the right to change these Terms and Conditions at any time with reasonable notice and the initial charge offer may be withdrawn by the Bank at its discretion without prior notice.
• In case of dispute, the decision of the Bank shall be final and conclusive.
• In case of discrepancies between the English and Chinese versions of these Terms and Conditions, the English version shall apply and prevail.
   

Life insurance:

The insurance products shown above are not equivalent to any bank deposit or savings. If you wish to learn more about any of the above insurance plans, please refer to the respective product brochure for detailed features and the Policy Provisions for the detailed terms and conditions on the insurance product webpages.

Life insurance products are underwritten by HSBC Life (International) Limited (“HSBC Life”). HSBC Life is incorporated in Bermuda with limited liability, and is one of the HSBC Group’s insurance underwriting subsidiaries. HSBC Life 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. Policyholders are subject to the credit risk of HSBC life and early surrender loss.

The above products are products of HSBC Life but not the Bank and they are intended only for sale in the Hong Kong SAR. HSBC Life will be responsible for providing your insurance coverage and handling claims under your policy. For monetary disputes arising between HSBC and you out of the selling process or processing of the related transaction, HSBC will enter into a Financial Dispute Resolution Scheme process with you; however, any dispute over the contractual terms of the product should be resolved between HSBC Life and you directly.

General insurance:

The general insurance policies are underwritten by AXA General Insurance Hong Kong Limited (“AXA”), which is authorised and regulated by the Insurance Authority of the Hong Kong SAR. AXA will be responsible for providing your insurance coverage and handling claims under your policy. The Hongkong and Shanghai Banking Corporation Limited is registered in accordance with the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) as an insurance agent of AXA for distribution of general insurance products in the Hong Kong SAR. General insurance plans are products of AXA but not HSBC.

For monetary disputes arising between HSBC and you out of the selling process or processing of the related transaction by HSBC, HSBC will enter into a Financial Dispute Resolution Scheme process with you. On the other hand, for any disputes over the terms and conditions of your policy, AXA will resolve with 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.

For product details and related charges, please refer to the relevant brochures and policy provisions or contact our HSBC’s branch staff.

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.

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