Disclaimers
The Basic Market Prices (“BMP”) only provides basic market information for reference purposes and the investors should consider if they would need more detailed market information for reference or to facilitate their investment decision.

Disclaimer: China Merchants Securities (HK) Co., Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co., Ltd., respective holding companies and/or any subsidiaries of such holding companies and/or respective third party data provider(s) endeavor to ensure the accuracy and reliability of the information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.
China Merchants Securities (HK) Co., Limited Disclaimer
RISK DISCLOSURE STATEMENTS
The price and income of any securities or other financial instruments described in this Site may fall as well as rise. Past performance should not be taken as an indication of future performance and no representation or warranty, express or implied, is made regarding future performance.

Risk Disclosure does not purport to disclose or discuss any risk and other important information of the securities mentioned in this Site. However, investments entail risks, include but not limited to possible loss of principle. You should make your own appraisal of the risks. Before conducting any transaction, for any securities mentioned in this Site, you must consult your own independent legal, tax, financial or other professional adviser(s) on an individual level. These transactions should only be undertaken if the nature of the contracts (and contractual relationships) and the risk exposure is understood.

There are risks associated with using internet-based systems, including but not limited to failure of communications, distortions, bugs, delays or outages and by using this Site, viewer acknowledge that China Merchants Securities (HK) Co., Limited ("CMSHK"), and its holding company, fellow subsidiaries, associates or other affiliates (collectively, the "CMS") cannot control the signal power, reliability, functioning of hardware or software, reception, routing, configuration of equipment which may affect those systems on this Site and CMS will not be responsible for those and any losses arising as a result of those.

As the nature of the Internet transactions may be subject to interruption, transmission blackout, delayed transmission and incorrect data transmission, CMS is not and will not be liable for malfunctions in communications facilities not under its control which may affect the accuracy or timeliness of messages and transactions you send.
General disclaimers and other information
Use of Site
The information provided on this Site is for reference only and not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject CMS to any regulatory requirement within such jurisdiction or country.

Any person or entity who intends to respond to or rely upon the information in this Site confirms that he/she/it has sought investment advice and satisfies himself/herself/itself that he/she/it is not subject to any local requirement which restricts or prohibits him/her/it from responding to or relying on the information contained in this Site.

The information in this Site is not intended for access or use in certain countries where such access or use will be prohibited by applicable laws. You are solely responsible for identifying, observing and complying with the applicable restrictions in such countries.

All trades and quotes and further actions taken with CMS pursuant to the information provided on this Site are subject to the agreement(s) between CMS and its customers (including but not limited to the terms and conditions as set out in the Securities Account Agreement which is accessible on this Site: http://www.cmschina.com.hk/en/_files/download/Securities_Account_Agreement__English_.pdf ).

CMS is entitled to modify, vary, amend, terminate or alter the information, data and content of this Site, without any prior notice to viewer.
No Offer or Advice
Any material or information contained in this Site has no regard to the specific investment objectives, financial situation or any direction at particular needs of any specific recipient. Neither the information nor any opinions contained in this Site constitutes a solicitation or offer by CMS to buy or sell, whether as principal or agent, any securities, futures, options or other financial instruments or provide any service or investment advice in any country to any person to whom it is unlawful to make such an invitation or solicitation in such country.

CMS will not treat any viewer of this Site as its customers by virtue only of their accessing any information contained herein.

Members of CMS, their directors and/or representatives and/or employees and/or families and /or associates may have a long or short position in any of the securities mentioned in this Site at any time and may make a purchase and/or sale, or offer to make a purchase and/or sale and/or otherwise deal in any of the said securities from time to time in the open market or otherwise, in each case either as principal or agent.

This Site has not been reviewed by the Securities and Futures Commission in Hong Kong (“SFC”) and the information contained herein is not intended to provide professional investment advice and should not be relied upon as such. Persons accessing this Site should obtain appropriate professional advice when necessary.
No Warranty
CMS endeavors to ensure the reliability of the sources from which information contained in this site is obtained or compiled, but CMS cannot and does not warrant the accuracy, validity, timeliness or completeness of any such information. CMS expressly disclaims any warranties of merchantability or fitness of a particular purpose or duties of care. All information on this site is provided "as is" and “as available”, and is subject to change without prior notice. CMS expressly disclaims any and all liability for errors or omissions in any information, materials or publications. No warranties of any kind, whether implied or expressed are given in relation to any information, materials or publications, are given.
Limitation of Liability
In no event will any member of CMS be liable or have any responsibility, in contract or tort, strict liability or otherwise, for losses, costs, expenses, or damages of any kind, whether direct, indirect, special, consequential or incidental, exemplary, compensatory, or punitive, resulting from or in connection with access or use of, or inability to access or use, this Site or any website or page linked to this Site, including (without limitation) damages resulting from the act or omission of any third party, even if any member of CMS has been advised of the possibility thereof. This limitation of liability includes but is not limited to, the transmission of any virus or harmful components which may infect a viewer's equipment, computer system, failure of mechanical or electronic equipment or communication lines or other interconnect problems (e.g. failure to access to your internet service provider), unauthorized access, operator errors or any force majeure. CMS cannot and does not guarantee continuous, uninterrupted or secure access to this Site.
Copyright
All copyrights and other intellectual properties in relation to all the information including, without limitation, news researches, quotations and other relevant data or information, text, graphics, links and sounds in this Site and its content shall be vested with CMS or other relevant legal owners and shall be protected by the laws on copyrights and other intellectual properties under their applicable jurisdiction. CMS reserves all rights with respect to copyrights and other intellectual properties on this Site, and will enforce such rights to the full extent of applicable law.

CMS and other trademarks on this Site are trademarks and service marks or registered trademarks or service marks of CMS. All material available on this Site, except where otherwise noted, is under copyright to CMS. CMS reserves all rights with respect to copyright and trademarks ownership of all material on this Site, and will enforce such rights to the full extent of applicable law. Nothing on this shall be construed as granting any license or right to use any image, trademark, service mark or logo.

The information contained in this Site may not be reproduced, distributed or published in any medium for any purpose without prior express written consent from CMS. If you download any information or software from this Site, you understand that such information should be intended for personal and non-commercial use only and that you will not edit, reprint, copy, transmit, disseminate, sell, distribute, reverse engineer, circulate it or remove or obscure any copyright or other notices or legends contained in any such information.
Use of Links/Linked Websites
Should the viewer leave this Site via a link contained herein, and view content that is not provided by CMS, the viewer does so at its own risk. Viewer shall be aware that the information on those websites are not compiled or issued by CMS. CMS is not responsible for damages or losses whatsoever caused by any delay, defect or omission that may exist in the services, information or other content provided in such website, whether actual, alleged, incidental, exemplary, consequential or punitive. CMS makes no guarantees or representations as to, and shall have no liability for, any electronic content delivered by any third party or have any responsibility, including but without limitation, the accuracy, subject matter, security, quality or timeliness of any electronic content.

CMS has not investigated, verified or monitored the information and contents available in such websites and is not responsible for the contents available on or the set-up of any other website linked to this Site. Access to and use of such other websites is at the user's own risk and subject to any terms and conditions applicable to such access/use. By providing hyperlinks to other websites, CMS shall not be deemed to endorse, recommend, approve, guarantee or introduce any third party or the service/products they provide on their websites, or have any form of cooperation with such third parties and websites. CMS cannot guarantee the authenticity of the information contained in those websites. CMS is not a party to any contractual arrangement entered into between you and the provider of the external website unless otherwise expressly specified or agreed to by CMS.

You should also be aware that the terms and conditions of such linked websites and this Site’s terms of use may be different from those applicable to your use of this Site.
Email
Although CMS endeavors to protect the privacy of personal data given by any viewer of this Site (if any), email messages sent to CMS over the Internet cannot be guaranteed to be completely confidential and secure. They may be lost, intercepted, altered or viewed by third parties. CMS is not responsible for any damages (no matter it is howsoever arise and no matter whether it is direct, indirect, special or consequential damages) incurred by viewer if they send a message to CMS, or if CMS sends a message to them at their request, over the Internet. CMS is not responsible in any way for direct, indirect, special or consequential damages arising out of the use of this Site.

Any and all information submitted to CMS shall be deemed and shall remain the property of CMS. Save for collection and use of personal information, CMS shall be free to use for any purpose, any content, data information, idea or concept contained in information provided by a visitor on this Site to CMS.
Downloading
We do not represent or warrant that this Site will be available and meet your requirements, that access will not be interrupted, that there will be no delays, failures, errors or omissions or loss of transmitted information, that no viruses or other contaminating or destructive properties will be transmitted or that no damage will occur to your computer system. 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. We make no representations or warranties regarding the accuracy, functionality or performance of any third party software that may be used in connection with this Site.
Personal information collection and privacy policy statements
Your personal data is confidential and all practicable steps will be taken to ensure security of the personal data and to avoid unauthorized or accidental access, erasure or other use and that the personal data will not be kept longer than necessary or will be destroyed in accordance to internal policies.

By accessing this Site and any of its pages you are agreeing the terms and conditions set out below.
  • collection of your personal data for the purposes of accessing statistics and business analysis, and/or provision of financial services or related products;
  • sharing, cross-checking and transferring that data with CMS within and outside of the Hong Kong Special Administrative Region;
  • any purpose relating to or in connection with compliance with any law, regulation, court order or order to of a regulatory under any applicable jurisdiction, including the provision of any such data to any such regulatory authority which shall request the same (without CMS having to obtain prior legal advice as to the competence of such a request);
  • any other purpose relating to or in connection with our business or dealings or the business or dealings of CMS;
  • personal data may be collected via “cookies” which are small text files embedded into the website sent to and stored locally on your computer when you visit a website. Cookies allow us to recognize your computer the next time you visit us. The information collected in this way is specific to your computer and may include, without limitation, the Internet Protocol (IP) address and the date and time you access this Site. Data stored on a "cookie" can be retrieved by us when you visit this Site and online trading platform. You refuse cookies by changing the browser, but by changing settings and refusing acceptance of cookies, some of the features on this Site may not function;
  • your information may be used for direct marketing. You also have the opt-out right if you do not wish for us to use or provide to other persons your personal data for use in direct marketing as described in this clause. To exercise your opt-out right at any time and without charge please contact us at online@cmschina.com.hk ; and
  • if you wish to correct or access your personal information, please contact us at online@cmschina.com.hk
Miscellaneous
The terms and conditions in this Disclaimer are governed by the laws of the Hong Kong Special Administrative Region.

If any provision of these terms and conditions is held by any court or competent authority to be void or unenforceable in whole or in part, such provision shall be ineffective to the extent thereof without invalidating any provision of these terms and conditions.
Important
By accessing this Site and any of its pages you declare that you have full authority and capacity to agree the terms and conditions set out above, and that you are hereby agreeing the terms and conditions set out above.

Viewer's continued use of this Site following the posting of any change to these terms and conditions will amount to and be deemed the viewer's acceptance of those changes. Certain sections or webpages of this Site may contain additional terms, conditions, disclosures and disclaimers (“Additional Terms”). In any event of contradiction between the above Disclaimer and the Additional Terms, the Additional Terms will prevail and govern those specific sections or webpages.