BANK OF CHINA GLOBAL WEB SITE
繁體中文 | ENGLISH



 



   Home >> BOC MACAU >> Personal Services >> Financial Investment

Equity Linked Instruments (ELI)


 

A creative investment product linked with Hong Kong blue chips. It can provide with you an opportunity to earn more than fixed deposit* or you can purchase the linked blue chips at the price lower than the market price.ELI is absolutely your unique choice.

High flexibility: Customers can freely choose the specified linked stocks, investment period and strike price portfolio; makes your decision easy and handy.

Attractive return: Yield may up to two digits.

ELI linked with a number of quality Hong Kong listed companies, such as HSBC Holdings, CCB, ICBC, HKEX, PICC P&C, China Life, Ping An and Petrochina.

Easy approaching: Customers can earn the face value of the instruments (capital plus interest) if the closing price of the linked stocks equal to or higher than the conversion price on the fixing date.

On the contrast, if the closing price lowers than the conversion price, you shall receive the specified quantity of linked stocksat the pre-set conversion price (total face value of the instruments divided by strike price). In that case,customers can obtain profit as the stock price rising higher than the conversion price.

Equity Linked Instruments (ELI) Example

Capital Amount HKD516,800.00
Linked Stock HSBC Holdings (0005)
Quantity of Linked Stock 6,800 Units
Reference Share Price HKD83.25
Buying Price HKD76.00
Conversion Price HKD77.4225
Trade Date 21st Feb 2003
Settlemet Date 7th Mar 2003
Fixing Date 28th Apr 2003
Expiry Date 30th Apr 2003
Period 54 Days
Amount of ELI Proceed HKD526,473.00
Yield 12.65%

The above example is for illustrative purpose only and is not indicative of future performance.
Return at maturity :

Situation one: If the closing price of XYZ Co., Ltd. on the fixing date is HKD78.00 (higher than the conversion price of HKD77.4225) , customers shall receive the ELI proceeds of HKD526,473.00 (earning HKD9,673.00).

Situation two: If the closing price of XYZ Co., Ltd. on the fixing date is HKD77.00 (lower than the conversion price of HKD77.4225) , customers shall receive the linked stock 6,800 units of XYZ Co., Ltd.

Situation three: If the closing price of XYZ Co., Ltd. on the fixing date is HKD77.4225 (equal to the conversion price) , customers shall receive the same amount of ELI proceeds as mentioned in situation one.

Investment Commission Fee is free** Application procedure is simple and easy, please call our service hotline 888 95566 or visit any of our branches for details

** If the underlying stocks needed to be received at maturity , no need to pay trading commission (stamp fee and custody fee are excepted).

Risk Disclosure Statement

Equity Linked Instruments as for complex products, the product itself contains different types of risk. Investment in derivatives may involve a high investment risk, and may lose all capital value. Prior implementing the sale, investors should: (i) read carefully and understand the structure of derivative products; and (ii) have investing experience in derivative products; fully aware of the risk involved, and the products are suitable for investors’ financial situation and investment objectives.

Investors who buy Equity Linked Instruments are actually investing the principal payment capacity of the issuer at maturity.  The payment terms of certain types of equity-linked notes may be implicated with relevant tools or assets of the market value of the linked products’ features. Therefore, the redeemable amount of these equity-linked notes varies in accordance with relevant tools or assets of market value.

Certain types of equity-linked notes may cause investors setting the price to purchase or deliver the related assets or the financial instruments. Under these circumstances, investors will be in regardless of the assets or the financial instruments how far related to the market price deviates from the established price to meet its obligations. Loss may be enormous.

  [ Close ]

 
· BOC CUP Dual Currency Gold Card
· BOC Tri-Currency Debit Card

Personal Services

     Brand Service
     Deposits
     Loans
     Remittance
     Financial Investment
     Insurance Agency
     Other Services



 
  ·Disclaimer  ·Privacy Statement  ·Supervised Authority  ·Contact Us  
 
Copyright © BANK OF CHINA MACAU BRANCH All Rights Reserved.