Huatai Warrant Website Disclaimers and Conditions of Use

This Website is produced by Huatai Financial Holdings (Hong Kong) Limited (“Huatai”, “we” or “us”). Huatai is an entity licensed with the Hong Kong Securities and Futures Commission for dealing in securities and futures contracts, advising on securities and corporate finance and asset management under the Securities and Futures Ordinance (chapter 571 of the laws of Hong Kong).

Huatai is the issuer and liquidity provider for the warrants and/or CBBC. Huatai is a wholly owned subsidiary of Huatai International Financial Holdings Company Limited. Huatai and its affiliated companies (collectively, “Huatai International”) provides the information in good faith to ensure that the information provided is accurate and reliable. Huatai International does not represent or warrant the completeness, reliability and accuracy of the information and Huatai International does not accept any responsibility for any inaccuracies or omission of the information.

This Website and information, material and opinions appearing on this Website (“Content”) have not been reviewed by any regulatory authority in Hong Kong.

Your use of this Website and the Content is subject to the disclaimers and conditions of use set out below.


By accessing this Website, you acknowledge and agree to be bound by these conditions.


All Content are directed at and restricted to persons resident in or entities having a place of business in Hong Kong and are not intended for access or use in other jurisdictions.

In certain countries, governmental, legal or regulatory requirements may restrict or prohibit the accessing and /or use of the information, products and services provided by this Website. You confirm that no such requirements apply to you or in respect of your use of this Website. Huatai International disclaim all responsibility and liability for any illegal access or use of the Content or this Website outside Hong Kong.

No Solicitation, Advice, Recommendation or Fiduciary Relationship

This Website and the Content are provided for information and reference only, and are not intended as, and do not constitute, any offer, inducement, solicitation, invitation, representation, or recommendation to buy, sell or otherwise deal in any financial products, including warrants and callable bull/bear contracts (“Structured Products”).

Huatai International assumes no fiduciary responsibility or liability in respect of the use of this Website or the Content by any person or any investment in Structured Products. You are advised to make your own appraisal of the Structured Products and conduct independent assessment of the risks involved before making any investment.

This Website and the Content do not take into account the particular needs of any specific user. This Website and the Content are not intended to be construed as investment, tax, legal, accounting, regulatory or other advice and should not be so relied upon. You are advised to seek appropriate professional advice when necessary.

Risks Relating to Structured Products

The Structured Products are non-collateralised products. If the issuer becomes insolvent or defaults on its obligations under the Structured Products, investors may not be able to recover all or even part of the amount due.

The Structured Products are complex products that involve derivatives and their price may fall in value as rapidly as it may rise and holders may sustain a total loss of their investment. Investors should carefully review and understand the nature and full details of the Structured Products and information about the issuer, as set out in the relevant offering documents or listing documents, and make their own risk assessment before investing in the Structured Products. You should ensure that you understand the nature and the risks of Structured Products before making an investment. Where necessary, you should seek professional advice as to the suitability of the Structured Products with regard to your specific circumstances and financial position.

Callable bull/bear contracts have a mandatory call feature and may be terminated early. In the event of a mandatory call, (i) an investor of category N callable bull/bear contracts will not receive any cash payment and (ii) the residual value for category R callable bull/bear contracts may be zero.

Conflict of Interest

Huatai International and their respective directors, officers and employees may from time to time take proprietary positions and may have long or short positions or other interests in the Structured Products (or the underlying securities) and may effect transactions or make markets in the Structured Products (or the underlying securities) at any time in the open market or otherwise, in each case whether as principal, agent or market maker.

Due to the various roles that Huatai International plays in the Structured Products, we may also issue other competing financial products or otherwise be involved in other financial, investment and professional activities which may on occasion give rise to interests, or a conflict of interests, in respect of the securities referred to on this Website. Huatai International owes no duty to you to avoid such conflicts.

All such activities and transactions may have a positive or negative impact on the price of the underlying asset and, in turn, the value and/or market price of the Structured Products.

Past Performance Information

Any past performance referred to on this Website is not indicative of future performance. It is not possible to predict if and to what extent a secondary market may develop in any series of Structured Products and at what price such series of Structured Products will trade in the secondary market and whether such market will be liquid or illiquid. The fact that the Structured Products are listed on The Stock Exchange of Hong Kong Limited (the “Exchange”) does not necessarily lead to greater liquidity than if they were not listed. The issuer (who also acts as the liquidity provider) may be the only market participant quoting prices on the Exchange and the secondary market for the Structured Products may be limited.


Any opinions, assessments, forecasts or estimates contained on this Website constitute our judgment as of the date the information is published and are provided for reference purposes only. They are based on information available to us and are subject to change or withdrawal without notice. We have no obligation to update or keep current the contents of this Website.

There can be no assurance that future results or events will be consistent with any of our opinions, assessments, forecasts or estimates. You are cautioned that actual results may differ materially from those set forth in any forward-looking statements, including any opinions, assessments, forecasts and estimates.

Unless otherwise stated, any pricing information on this Website is indicative only. Any indicative pricing levels, disclosure materials, valuations and other analysis published on this Website have been prepared based on assumptions and parameters that reflect good faith determinations. The assumptions and parameters used are not the only ones which could have been reasonably selected. Therefore, no guarantee is given in respect of the accuracy, reasonableness or completeness of such quotations, disclosure or analysis. No representation or warranty is made that any indicative return or performance will be achieved in the future. You bear all risk from any use or results of using any information obtained from this Website.

This Website and the Content are not intended to, and shall not, constitute “research report”, “investment research” or “independent research” as such terms may be defined in applicable laws and regulations worldwide.

No Verification

The Content are based on information obtained from public sources we consider to be reliable. While we have taken reasonable care to correctly extract information provided by third parties, we have not taken steps to verify the information. To the extent permitted by law, we do not make any representation as to the truth, accuracy, completeness, adequacy or reasonableness of any Content and we do not accept any liability for any loss or damage arising out of the use of any Content or this Website.

Information Provided by Third Parties

Neither Huatai International and their respective directors, officers and employees nor any information service provider or third party engaged by Huatai International make any representation or warranty (whether express or implied) of any kind or form as to the accuracy, completeness or reasonableness of any Content or as to the quality, fitness, timeliness, non-infringement, or title of any such Content for any purpose or use. To the fullest extent permissible by law, all such representations and warranties are expressly excluded.

Information about Indices

In addition to the other disclaimers contained herein, the disclaimers and limitations of liability in relation to the various indices associated with the Structured Products as set forth in the relevant listing or offering documents shall apply to the use of this Website and shall be incorporated into these disclaimers and conditions of use by reference. In no event shall Huatai International or any third party supplying information or data on this Website have liability arising from any information provided on this Website concerning such indices.

System Failure

Under no circumstances shall Huatai International be liable for any failure of performance, system, server or connection failure, error, omission, interruption, breach of security, computer virus, malicious code, corruption, delay in operation or transmission, transmission error or unavailability of access in connection with your accessing this Website even if Huatai International had been advised as to the possibility.

Communications over the Internet may be subject to interruption, transmission blackout, delayed transmission or incorrect data transmission due to the public nature of the Internet or otherwise.

You have sole responsibility for adequate protection and back up of data and/or equipment and for undertaking reasonable and appropriate precautions to scan for computer viruses or other destructive properties. Huatai International will not make representations or warranties regarding the accuracy, functionality or performance of any third party software that may be used in connection with this Website.

Limitation of Liability

Huatai International accepts no liability (express or implied) for any damages, loss or other liability whatsoever or any consequential, incidental or special damages (including but not limited to any loss of profits or loss of savings), as a result of your acceptance and/or use of this Website or products or services provided or reliance on any information or material available or opinion appearing on this Website (save only where otherwise specifically provided for in the terms and conditions applicable to such products or services), whether or not we (or any third party) have been advised of the possibility of such damages.


You will on demand indemnify, hold harmless and defend Huatai International against any actions, claims, other liabilities and all costs suffered or incurred as a result of your use of this Website, including but not limited to the breach of any or all of these conditions of use (save only where otherwise specifically provided for in the terms and conditions applicable to particular products or services) or applicable laws and regulations.


This Website may contain hyperlinks to other Internet resources, including hyperlinks to websites sponsored or maintained by third parties (“Hyperlinks”). All Hyperlinks are provided for your convenience only. You shall access the Hyperlinks at your own risk.

We do not investigate, verify, monitor or endorse the content, accuracy, opinions expressed, and other hyperlinks provided by the Hyperlinks. We make no representations about the content of the Hyperlinks and our provision of the Hyperlinks does not constitute any endorsement, authorisation, sponsorship or alliance involving Huatai International.

Copyright and Ownership

All title, copyrights and other intellectual property rights in and to this Website and the Content are owned by Huatai International or by the respective content owners and are protected by applicable copyright and other intellectual property laws.

You shall not distribute, modify, transmit, reuse, repost, reverse engineer, decompile or make any use of the content of this Website for public, commercial or other purposes other than private personal use, without our prior consent in writing. Nothing contained in this Website should be construed as granting a license or right to use any trademarks or other intellectual property rights in this Website without the written express permission of the owner.

All data, ideas, concepts and other information collected or derived from the information made available to us through this Website shall be deemed to be and remain our property.

Furthermore, in relation to any information or materials which you submit to Huatai International using this Website, you hereby grant to Huatai International a worldwide royalty-free perpetual license of the copyright and intellectual property rights in such information or materials for any purpose as Huatai International may deem fit including, without limitation, the copying, transmission, distribution and publication thereof, unless restricted by our Privacy Policy (as amended from time to time) and the applicable law.

Personal Information Privacy

Unless restricted by applicable law, you agree that any and all personal information/data relating to you collected by Huatai International from this Website from time to time may be used and disclosed for such purposes and to such persons as may be in accordance with Huatai International’s current Privacy Policy.

A copy of current Privacy Policy of Huatai International may be accessed by clicking here.

Online Behavioural Tracking

To assist in our understanding of your interest in our websites and applications, and to store and maintain user preferences, Huatai International [works with professional digital analytic solution providers to help us] record[s] and research certain usages and activities on parts of our websites and applications. We will only collect information about how you use a computer, mobile phone or any other electronic device (together referred to here as a "device") that takes you online to browse our websites and applications by using cookies and similar technologies.

A cookie is a small computer file that is sent from a website to the browser of a device and stored in that device. Each website can send its own cookies to the browser but the browser only permits a website to access the cookies it has sent to the browser previously. The cookie does not contain the user's name, address, phone number, email address, or anything that personally identifies the user. [No personally identifiable information about you is collected or shared by Huatai International with the professional digital analytic solution providers or any other third parties through this research and all information will be cleaned up 13 months after the data collection.]

Currently we do not provide functions to opt out cookie tracking. The reason is all opt out settings for cookies tracking will become invalid if you delete or clear your cookies, or if you change the web browser you are using. To avoid confusion, if you do not want us to collect data from your browser, we suggest you configure your privacy settings within the browser. Please note that if you block all cookies entirely, Huatai International websites and applications may not function properly.


You agree that, subject to the Privacy Policy of Huatai International (as may be amended from time to time), Huatai International shall not be under any obligation of confidentiality to you regarding any such information or materials submitted to Huatai International using this Website unless agreed otherwise in a separate direct contract between you and Huatai International or required by law.

Updates/Changes to this Website or the Content

Huatai International reserves the right in its sole and absolute discretion to change without prior warning or notice of any Content, including these disclaimers and conditions of use in relation to this Website.


The Website may be made available in other languages, including traditional and simplified Chinese. All such translated version of the Website are for guidance purpose only. In the event of any conflict or inconsistency, the English version shall prevail.

Governing Law and Jurisdiction

The information and materials contained in or accessed through this Website are provided on the basis they are available and for use only in the Hong Kong. By accessing this Website and/or using the online services, you agree that such access and/or use, as well as these conditions of use shall be governed by, and construed in accordance with, the laws of the Hong Kong and you agree to submit to the non-exclusive jurisdiction of the courts of the Hong Kong.