Investors should note that all investments involve risks (including the possibility of loss of the capital invested). Prices or value of investment products may go up as well as down and past performance is not indicative of future performance. Equity Linked Investments ("ELIs") are structured products involving derivatives. The investment decision is yours but investors should not invest in the ELIs 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. Investors should read the relevant offering documents of the ELIs before making any investment decision. ELIs are defined as complex products under the Guideline on Online Distribution and Advisory Platforms from the Securities and Futures Commission (“SFC”), investor should exercise caution in relation to this product. Investors should read the relevant offering documents of the investment products and terms and conditions (including the full text of the risk factors stated therein) of the relevant investment products in detail before making any investment decision. Investors should obtain independent professional advice if they have concerns about their investment. The contents of this communication have not been reviewed by any regulatory authority in Hong Kong.
Formulate your investment portfolio flexibly
even in a volatile market
Hang Seng's Equity Linked Structured Products, with the first-in-Hong Kong US Equity Linked Investment Service, cover both the US and HK stock markets, offering you the choice to invest in a diversified mix of equities. You can subscribe online or at a branch to empower your investment strategy with agility at any time to ride on various market conditions.
Equity Linked Structured Products Lucky Draw
From 2 July to 30 September 2022 ("Promotion Period"), successfully subscribe for our Equity Linked Structured Products to get a lucky draw chance, without registration, for a chance to win shares of the Tracker Fund of Hong Kong and/ or SPDR S&P 500 (total 20 winners).
Equity Linked Investment Categories Lucky Draw Gift No. of Lucky Draw Chance No. of Winners
Successfully subscribe for any HK Equity Linked Investments 1 lot of the Tracker
Fund of Hong Kong1-3,5,6
(Stock code: 2800.HK)
(500 shares per lot)
1 10 winners
Successfully subscribe for any US Equity Linked Investments 3 shares of the
SPDR S&P 5001-6
(Stock code: SPY.US)
1 10 winners
Terms and conditions apply to Equity Linked Structured Products Lucky Draw.
Product Features
Access a myriad of stocks selection from both the US and HK stock markets in diversified sectors
Access a myriad of stocks selection from both the US and HK stock markets in diversified sectors
Subscription amount of as low as USD10,000
Subscription amount of as low as USD10,0007
Potential return is linked to the performance of underlying equities. Designated products come with the opportunity for investors to enjoy a higher potential return
Potential return is linked to the performance of underlying equities. Designated products come with the opportunity for investors to enjoy a higher potential return
Set up your personalized portfolio by setting the exercise prices, airbag prices and the like
Set up your personalized portfolio by setting the exercise prices, airbag prices and the like
Flexible tenor from 2 months to 3 years8
Flexible tenor from 2 months to 3 years 8
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  1. The lucky draw prizes of Tracker Fund (stock code: 2800.HK) or SPDR S&P 500 (stock code: SPY.US) ("the lucky draw prizes") are not equivalent to the underlying stock(s) which is/are linked to the Equity Linked Structured Products successfully subscribed by Eligible Lucky Draw Customers. The product risk level of the lucky draw prizes may be higher than the risk tolerance level of the Eligible Lucky Draw Customer . Participation of this promotion is voluntary basis only, if the Eligible Lucky Draw Customers believe that the lucky draw prizes are not suitable for their circumstances/investment objectives/risk tolerance level, the Eligible Lucky Draw Customers have the right to give up participating in this Promotion. If there are any change regarding the lot size or stock merge of the lucky draw prize, the Bank reserves the right to determine the final lot size or the number of shares of the lucky draw prizes.
  2. Such lucky draw prizes do not constitute a recommendation or endorsement by Hang Seng Bank, nor does the Bank guarantee the commercial merits or performance of such lucky draw prizes, nor does it indicate that such lucky draw prizes are suitable for all investors, or such lucky draw prizes are suitable for all investors, or agree such lucky draw prizes are suitable for any individual investor or any class of investors.
  3. Investors should note that investment involves risks. 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.
    Foreign securities carry additional risks not generally associated with securities in the domestic market. The value or income (if any) of foreign securities may be more volatile and could be adversely affected by changes in many factors. Client assets received or held by the licensed or registered person outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdictions which may be different from the Securities and Futures Ordinance (Cap.571) and the rules thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong.
    Investors should not only base on this material alone to make any investment decision, but should read the relevant risk disclosure statements in details.
  4. To receive the luck draw prize SPDR S&P 500 (Stock Code: SPY.US), customers are required to hold a valid US Internal Revenue Service Form W-8BEN. The US Internal Revenue Service Form W-8BEN allows beneficiary of a US sourced income to make a declaration of his/ her status as non-US person. Non-US persons are subject to US withholding tax on certain types of income received from US sources, such as dividends, etc. Please note that the Bank does not offer tax treaty benefit claim services. The US source income (if any) received in your securities trading accounts will be subject to US withholding tax without any tax treaty benefit applied. You should consult your own tax advisor regarding the relevant US legislation, and consult independent advice if necessary.
  5. The Promotion and the provision of the lucky draw prizes to the Winners do not represent, and should not be construed as, any investment advice from the Bank and the Bank has not taken into consideration the individual circumstances of any customers. Investment involves risks. There can be no guarantee, and no representation is made, on the performance of the lucky draw gifts or as to whether losses would be incurred/profit would be made from the lucky draw gifts. Customers must make their investment decisions in light of their own investment objectives, investment experience, financial situation or other needs etc., and (where necessary) should consult their own professional advisers before making any investment decisions.
  6. Please note that in respect of the lucky draw prizes deposited into the Securities Accounts of the Winners, customers are still subject to the fees and charges applicable to Securities Account, including custody fee (charged on a per account basis commencing January 2024) in respect of their securities holding and the relevant Securities Transaction Fee, transfer fee and/or capital gain tax etc when they sell, transfer or otherwise dispose of the lucky draw prizes in the future. For the details of our Securities Account fees and charges, please refer to Hang Seng Bank website > Investments > Securities > Securities Services Charges.
  7. You could suffer a total loss of your investment amount if the Bank becomes insolvent or defaults on its obligations under this product. Please refer to "Risk Factors" section in the offering document for details.
  8. Subscription amount subject to change for different denomination, please refer to the relevant offering documents of the ELIs.
The above offers are not and should not be considered as an offer or solicitation to deal in any of the investment products or services mentioned herein. Where necessary, please consult an independent financial consultant for professional advice. For details, please refer to the relevant Terms and Conditions and the relevant products' offering documents.
Risk Disclosure of Equity Linked Structured Products
  • Equity Linked Structured Products involve derivatives. The investment decision is yours but you should not invest in an Equity Linked Structured Product unless the intermediary who sells it to you has explained to you that the Equity Linked Structured Product is suitable for you having regard to your financial situation, investment experience and investment objectives. Equity Linked Structured Product is a Complex Product and you should exercise caution in relation to this product. The market value of the Equity Linked Structured Products may fluctuate and investors may sustain a total loss of their investment. Prospective investors should therefore ensure that they understand the nature of the Equity Linked Structured Products and carefully study the risk factors set out in the offering documents for the Equity Linked Structured Products and, where necessary, seek independent professional advice, before they decide whether to invest in equity linked investments. If you purchase the Equity Linked Structured Products, you are relying upon the creditworthiness of the Issuer of Equity Linked Structured Products.
  • Liquidity risk - Equity Linked Structured Products are designed to be held to its maturity. You may not be able to sell your investment in the Equity Linked Structured Products before maturity. If you try to sell the Equity Linked Structured Products before expiry, the amount you receive may be substantially less than the investment amount you paid for the Equity Linked Structured Products.
  • Credit risk of the Equity Linked Structured Products issuer - Equity Linked Structured Products constitute general unsecured and unsubordinated contractual obligations of the issuer. When you buy Equity Linked Structured Products, you will be relying on the creditworthiness of the Equity Linked Structured Products issuer and of no other person. You have no rights under the terms and conditions of Equity Linked Structured Products against any issuer of any linked stock. If the relevant Equity Linked Structured Products issuer becomes insolvent or default on its obligations under the Equity Linked Structured Products, in the worst case scenario, you could lose all of your investment.
  • Not the same as investing in linked stock - Investing in Equity Linked Structured Products is not the same as investing in the linked stock(s). Changes in the market price or level of any linked stock(s) may not lead to a corresponding change in the market value of, or your potential gain or loss under, the Equity Linked Structured Products.
  • Before making any investment, investors should i) read and fully understand all the offering documents relating to such securities or investments and all the risk disclosure statements and risk warnings therein; and ii) make investment decisions in light of your own investment objectives, financial position and particular needs and where necessary consult your own professional advisers before investing.
  • Below are some key risks in trading equity linked structured products linked to US underlyings. This list is non exhaustive and are provided here for your reference only. You should read and understand the risk factors together with the terms and conditions as set out in the relevant offering documents of the equity linked structured products for details.
  • Risks relating to difference in trading days and hours - Trading in each linked stock on the relevant US exchange will be executed during the trading hours of the relevant US exchange, which is located in New York and opens after normal business hours in Hong Kong. You should be aware of the trading hour and time zone difference between Hong Kong and New York in assessing the trading price of the linked stock.
  • Certain information about the linked stock may only be available in English in real time. If you are not proficient in English, you should consider whether the investment in this product is suitable to you, and obtain independent advice where necessary.
  • Reliance on mobile application in providing information about the linked stock and our external service provider in providing such information - news feeds regarding updated information of the linked stock in English and Chinese are available via the Hang Seng Invest Express mobile application. Such news feeds are provided by the Bank’s external data provider and their availability may be interrupted or suspended due to either the Bank or external data provider’s technical and systematic failures, in which case the availability of such news feeds may be delayed or suspended and you may not be able to have access to such news feeds.
  • United States taxation risk - You should note that United States taxation rules are complex and their application may depend on your particular circumstances, including whether you enter into other transactions with respect to the underlying US stock. In addition, if the U.S. Internal Revenue Service successfully argue that this product is treated as “dividend equivalents”, a withholding tax at a rate of up to 30% is imposed on such payments made to a non-U.S. investor will adversely affect the potential return under the investments. You should, prior to your investment in this product, consult your own tax advisor regarding the application of related legislation arising from your investment.