1. Notice of Services Arrangements after the Implementation of Trading under Severe Weather Conditions¹ in Hong Kong Securities and Derivatives Market

Upon the implementation of severe weather trading from 23 September 2024, trading of securities on or through Stock Exchange of Hong Kong, including Northbound and Southbound Trading under The Stock Connect, clearing and settlement of securities, will remain available during severe weather conditions.

ABCI Securities Company Limited (“ABCIS”) office will not open during severe weather conditions, in-person services (including but not limit to physical stock certificate and cheque settlement, account opening etc) will not be available. Internet trading service remains normal. However, manual securities dealing and enquiry services may be affected depending on the situation.

In order to reduce the impact, ABCIS sincerely suggests clients to use online trading services and fund transfer by electronic means for trading and settlement purpose. As settlement service will be normal under severe weather trading, client is advised to ensure sufficient fund in the securities account to avoid settlement failure.

If client has any enquiries, please call our Client Service Hotline at (852) 2147 8836 or the China toll-free number at 400120-8966.

¹ Severe weather refers to Typhoon Signal No. 8 or above being hoisted or Black Rainstorm Warning being put in place by the Hong Kong Observatory or Extreme Conditions are announced by the HKSAR Government.

2. Notification of Change of Prime Rate and Deposit Rate

With effect from 20 Dec 2024, our Company HKD prime rate has reduced to 5.250% p.a., HKD savings deposit rate for the amount exceeding HKD3,000,000 has reduced to 0.250% p.a., USD prime rate has reduced to 6.750% p.a. and USD savings deposit rate for the amount exceeding USD385,000 has reduced to 0.375% p.a.

3. Fraud Alert

ABCI Securities (“ABCIS”) has recently noticed the existence of scams which intended to impersonate ABCIS/ABC International group and implement fraud by promoting counterfeit investment services and products via social media, live stream broadcasting, instant messaging groups, bogus mobile apps (such as Lingjiu Index Visual Analysis農銀創配) and websites. ABCIS hereby reminds our clients and the public that:-

i) The official website of ABCIS is https://sec.abci.com.hk/. Our Client Service hotline is +852 2147-8836 and 400120-8966 (the China toll-free number). ABCIS has developed two official mobile apps only, including "ABCIS Token" and "农证全球通".  Other than the above official channels, any websites, applications, Wechat groups, QQ groups, customer hotlines, SMS or e-mails that claimed to represent ABCIS are not authorized by ABCIS and the information sent to the investors thereby or mentioned therein may be false and fraudulent. ABCIS reserves the right to pursue legal actions against such entities or individuals.

ii) ABCIS has been operating its business strictly in compliance with all relevant legal and regulatory requirements, ABCIS does not provide service for cryptocurrency trading or cryptocurrency mining. It is hereby strongly suggested that the investors shall stay alert on the authenticity and reliability of information mentioned in any applications, websites, QR codes, social media accounts, live stream broadcasting accounts and customer hotlines that are claimed to be related to ABCIS/ABC International group, and that no personal information shall be disclosed, nor payment be transferred, nor transactions be effected from online platforms without carefully verifying the identity of the counterparty. Should any investor wish to know more about any product or service of ABCIS, he/she is advised to visit our official website or applications for more information, or to contact our Client Service representatives at +852 2147-8836 or the China toll-free number at 400120-8966 during office hours.

4. Settlement Day of US Listed Securities will change to T+1

U.S. Securities and Exchange Commission has announced that with effective form 28 May 2024, the settlement day of U.S. listed securities will change to one day after the trading day (i.e. T+1).

Client is reminded to be aware of the new settlement requirement and make necessary arrangement on fund and securities to avoid settlement failure.

5. Hong Kong Investor Identification Regime (HKIDR)

ABCI Securities (“ABCIS”) reminds customer to complete “Consent Under the Hong Kong Investor Identification Regime (HKIDR) and Over-the-Counter Securities Transactions Reporting Regime (OTCR).

If you do not give your express consent, pursuant to the relevant rules and regulations, we will only be able to effect for your sell orders or trades in respect of your existing holdings of listed securities (but not buy orders or trades), and transfer of shares out of and withdraw of physical share certificates from (but not transfer of shares or deposit of physical share certificates) your account.

Should you have any query regarding the above, please contact your sales representative, account executive or our customer service hotline at (852) 2147 8836.