Reward 1: Full Commission Rebates on Hong Kong Index Futures and Options*

From now until April 30, 2024 (the 'Limited-time Promotion'), new clients of KGI Futures (Hong Kong) Limited (“KGI Futures”) who trade the selected Hong Kong index futures and options products through the KGI Asia Power Trader App or the online trading platform within the first month of opening account will receive a full cash rebates on the respective commissions. No limit on the total amount or frequency of rebates. The more you trade, the more you earn! Terms and conditions apply.

*Selected types of futures and options products include:

Hong Kong Index Futures Hong Kong Index Option
- Hang Seng Index Futures - Hang Seng Index Options
- H-Share Index Futures - H-Share Index Options
- Hang Seng Technology Index Futures - Hang Seng Technology Index Options
- Mini Hang Seng Index Futures - Mini Hang Seng Index Options
- Mini H-Share Index Futures - Mini H-share Index Options

Reward 2: 0.075% Commission Rate on Hong Kong Listed Securities*

From now until April 30, 2024 (the 'Limited-time Promotion'), new clients of KGI Asia Limited (“KGIA”) can enjoy a commission rate discount of 0.075% (Minimum HKD 25) on selected types of Hong Kong listed securities trading through any channels of KGIA within the first 3 months of account opening. No limit on the total amount or frequency of rebates. The commission rebates will be credited to eligible clients' accounts within the fourth month after account opening. Terms and conditions apply.

*Selected types of Hong Kong listed securities include:

- Hong Kong Equities
- Exchange-traded funds (ETFs)
- Callable Bull/Bear Contracts (CBBCs)
- Derivative Warrants (DWs)
- Inline Warrants
- Real Estate Investment Trusts (REITs)
- Debt Securities
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Terms and Conditions
Terms and conditions of the Futures and Options Trading Full Commission Rebates Promotion
1. The promotion period for this campaign is from January 15, 2024, to April 30, 2024, inclusive of the first and last day (the “Promotion Period”).
2. This promotion refers to new clients of KGI Futures (Hong Kong) Limited (“KGI Futures”) who open a futures and options account online within the Promotion Period, , engage in electronic channel trading (excluding manual order placement) of the aforementioned 10 Hong Kong index futures and options products within the first month (i.e., within 30 days from the account opening date) and have passed the suitability assessment by KGI Futures and fulfilled the requirements under the terms and conditions of this promotion campaign. The related trading commissions (calculated based on the execution time) will be fully refunded to the customer within the second month after the account opening.
3. New clients are required to open both a securities cash or margin account with KGI Asia Limited (“KGIA”) and a futures and options account with KGI Futures simultaneously.
4. During the Promotion Period, there is no limit on the total amount and number of cash rebates that New Clients can enjoy through eligible transactions under these terms and conditions.
5. The commission does not include system fees, related exchange fees, SFC Transaction fees, government fees, or any charges imposed by clearing houses.
6. This promotional campaign is applicable only to new clients of KGI Futures.
7. "New Client" refers to a person who has successfully opened a futures and options account with KGI Futures and a securities account with KGIA simultaneously during the Promotion Period and has his accounts verified by KGI Futures and KGIA as having been opened within the Promotion Period. Such person must not have held any account (including but not limited to any account under the name of an individual or under joint names, or under a corporate account held by a company which is controlled or owned by such person) of KGI Futures or any company operated by KGI Group in Hong Kong (collectively referred to as "KGI (Hong Kong)") before January 15, 2024. KGI Futures has absolute discretion to determine whether a person has previously opened any account with KGI Future or any group member of KGI (Hong Kong). The opening of accounts with KGI Futures and KGIA is subject to the respective approvals and account opening terms and conditions of KGI Futures and KGIA and applicable laws, rules and regulations.
8. This reward promotion is only available for online accounts and does not include dedicated customer manager services.
9. The final determination of whether a transaction is eligible will be based on KGI Futures’ relevant transaction records.
10. This campaign is only open to clients in Hong Kong and clients must be at least 18 years old. Participants in this campaign must not be residents of Mainland China, U.S. citizens, green card holders, U.S. tax residents for U.S. tax purposes, or U.S. residents.
11. The offers provided in this campaign are subject to the terms and conditions governing the clients' account relationship with KGI Futures and applicable laws, rules and regulations.
12. KGI Futures reserves the right to change, modify, or cancel any terms and conditions of this promotion campaign at any time without prior notice. In case of any dispute regarding this campaign, KGI Futures reserves the right to make the final decision.
13. In the event of any discrepancy or inconsistency between the English and Chinese versions of these terms and conditions, the Chinese version shall prevail.
14. These terms and conditions are governed by the laws of the Hong Kong Special Administrative Region and shall be interpreted in accordance with the laws of the Hong Kong Special Administrative Region.
Terms and conditions of the Hong Kong listed securities Commission Rebate Promotion
1. The promotion period for this campaign is from January 15, 2024, to April 30, 2024, inclusive of the first and last day (the “Promotion Period”).
2. This promotion refers to new clients of KGI Asia Limited (“KGIA”) who open a securities account online within the Promotion Period, complete the designated Hong Kong listed securities transactions within the first 3 months (i.e., including the account opening month and the following two months) after opening their account and have passed the suitability assessment by KGIA and fulfilled the requirements under the terms and conditions of this promotion campaign, and they can enjoy 0.075% commission discount (Minimum HKD 25). The commission rebate will be credited to eligible clients' accounts within the fourth month after account opening.
3. The commission rebate is applicable only to Hong Kong listed securities buying and selling transactions conducted during the above specified period.
4. Qualified clients are required to pay the full commission for each relevant trade to KGIA upfront. KGIA will then rebate the actual commission received, based on the terms and conditions specified, to the eligible client.
5. New clients are required to open both a securities account with KGIA and a futures and options account with KGI Futures (Hong Kong) Limited (“KGI Futures”) simultaneously.
6. During the Promotion Period, there is no limit on the total amount and number of cash rebates that New Clients can enjoy through eligible transactions under these terms and conditions.
7. The commission does not include system fees, related exchange fees, SFC Transaction fees, government fees, or any charges imposed by clearing houses.
8. This promotional campaign is applicable only to new clients of KGIA.
9. "New Client" refers to a person who has successfully opened a securities account with KGIA and a futures and options account with KGI Futures simultaneously during the Promotion Period and has his accounts verified by KGIA and KGI Futures as having been opened within the Promotion Period. Such person must not have held any account (including but not limited to any account under the name of an individual or under joint names, or under a corporate account held by a company which is controlled or owned by such person) of KGIA or any company operated by KGI Group in Hong Kong (collectively referred to as "KGI (Hong Kong)") before January 15, 2024. KGIA has absolute discretion to determine whether a person has previously opened any account with KGIA or any group member of KGI (Hong Kong). The opening of accounts with KGIA and KGI Futures are subject to the respective approvals of KGIA and KGI Futures in accordance with their account opening terms & conditions.
10. This reward promotion is only available for online accounts and does not include dedicated customer manager services.
11. The final determination of whether a transaction is eligible will be based on KGIA’s relevant transaction records.
12. This campaign is only open to clients in Hong Kong and clients must be at least 18 years old. Participants in this campaign must not be residents of Mainland China, U.S. citizens, green card holders, U.S. tax residents for U.S. tax purposes, or U.S. residents.
13. The offers provided in this campaign are subject to the terms and conditions governing the client's account relationship with KGIA and applicable laws, rules and regulations.
14. KGIA reserves the right to change, modify, or cancel any terms and conditions of this promotion campaign at any time without prior notice. In case of any dispute regarding this campaign, KGIA reserves the right to make the final decision.
15. In the event of any discrepancy or inconsistency between the English and Chinese versions of these terms and conditions, the Chinese version shall prevail.
16. These terms and conditions are governed by the laws of the Hong Kong Special Administrative Region and shall be interpreted in accordance with the laws of the Hong Kong Special Administrative Region.
Important notice and Risk disclosure statements
The offers in this campaign are subject to the terms and conditions. This campaign is organized by KGI Asia Limited and KGI Futures (Hong Kong) Limited. KGI Asia Limited is licensed under the Securities and Futures Ordinance to carry on Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities (Central No. BKJ214). KGI Futures (Hong Kong) Limited is licensed under the Securities and Futures Ordinance to carry on Type 2 (dealing in futures contracts) and Type 5 (advising on futures contracts) regulated activities (Central No. ADW991).

Investment involves risks, and past performance is not indicative of future results. The prices of securities and investment products can fluctuate significantly, and their prices can rise or fall, and they may even become worthless. Therefore, clients may not necessarily earn returns through investing in securities or investment products, and clients may incur losses in their investments. Based on market conditions, clients may not be able to liquidate their investments immediately.

The risk of loss in trading futures contracts or options is substantial. In some circumstances, you may sustain losses in excess of your initial margin funds. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily avoid loss. Market conditions may make it impossible to execute such orders. You may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You will remain liable for any resulting deficit in your account. You should therefore study and understand futures contracts and options before you trade and carefully consider whether such trading is suitable in the light of your own financial position and investment objectives. If you trade options you should inform yourself of exercise and expiration procedures and your rights and obligations upon exercise or expiry.

“Complex product” refers to an investment product whose terms, features and risks are not reasonably likely to be understood by a retail investor because of its complex structure. Investors should exercise caution in relation to complex products. Investors may lose the entire invested amount or more than the invested amount (if applicable). For complex products for which the offering documents or information provided by the issuer have not been reviewed by the Hong Kong Securities and Futures Commission (“SFC”), investors are advised to exercise caution in relation to the offer. For complex products described as having been authorized by the SFC, SFC authorization does not imply official recommendation and such authorization is not a recommendation or endorsement of a product nor does it guarantee the commercial merits of a product or its performance. Where past performance information is provided past performance is not indicative of future performance. Some complex products are only available to professional investors. Investors should read the offering documents and other relevant materials to understand the key nature, features and risks of a complex product and are advised to seek independent professional advice before making any investment decision and should have sufficient net worth to be able to assume the risks and bear the potential losses of trading the product.

Trading in derivative products (including but not limited to equity-linked instruments, credit-linked notes, derivative warrants and convertible securities) tracking fluctuations in the price or level of securities, bonds, money market instruments, interest rates, reference indices or other benchmark) involves risks. Changes in market conditions may cause great changes in the value of such products. As a consequence, your related exposure to price or market risk may be significantly higher in connection with a derivative product than with other non-derivative financial instruments with which you may be familiar. Derivative products may not be suitable for you as they can be complex and carry with them substantial risk of loss. You should make investment in derivative products only after carefully assessing among other things the direction, timing, and magnitude of the potential future changes in the price or level of the underlying asset or instrument or other benchmark, as the return of any such investment may be dependent upon such changes. However, risks associated with trading in derivative products are not and should not be presumed to be predictable. Investing in certain types of derivative products may result in your having to take or make delivery of certain underlying asset or instrument at a predetermined price. In such circumstances, you will need to perform such obligation however far the market price or level of the underlying asset or instrument has moved away from the pre-determined price or level and the resulting losses to you can be substantial.

This campaign does not constitute any specific offer, solicitation, recommendation, opinion, or guarantee of any particular security, financial product, or instrument. Anyone who intends to participate in this campaign should fully understand the nature, terms and risks of the investment products and the taxation implications before making any investment decision and determining whether an investment is in line with your personal financial situation and investment objectives and whether you can withstand the relevant risks according to your personal circumstances. Appropriate professional advice should be sought where needed. This document has not been reviewed by the SFC. The SFC does not take any responsibility for the soundness of the approved investment products, and the SFC's approval of such investment products does not imply any endorsement by the SFC to invest in such investment products.