Frequently Asked Question

Using Hang Seng e-Banking Services - Investment Services - Securities Services - Callable Bull/Bear Contracts - Settlement

When can I receive the residual value if my CBBC (Category R) upon the occurrence of the Mandatory Call Event?

Mandatory Call Event	Payment of Residual Value
Occurrence in the morning trading session (including the pre-opening session)	• The price^{1Footnote remark 1} will be valuated on the day of the occurrence of the Mandatory Call Event under the terms of issuance. Issuer will pay the residual value (if any) via Hong Kong Securities Clearing Company Limited ("HKSCC") 3 working days after the valuation day. e.g. if the Mandatory Call Event occurs in the morning trading session on Monday, the residual value will be paid on Thursday via HKSCC, provided that such days are not holidays). • Upon receipt of the residual value, the Bank will deposit the relevant amount to your specified deposit account.
Occurrence in the afternoon trading session	• The price^{1Footnote remark 1} will be valuated in the next day of the occurrence of the Mandatory Call Event under the terms of issuance. Issuer will pay the residual value (if any) via Hong Kong Securities Clearing Company Limited ("HKSCC") 3 working days after the valuation day. e.g. if the Mandatory Call Event occurs in the afternoon trading session on Monday, the residual value will be paid on Friday via HKSCC, provided that such days are not holidays). • Upon receipt of the residual value, the Bank will deposit the relevant amount to your specified deposit account.

When will I receive the settlement amount at expiry?