Common use of Quotas used up Clause in Contracts

Quotas used up. When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (sell orders will still be accepted) until the aggregate quota balance returns to the daily quota level. Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading day. Trading day Shanghai-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. So it is possible that there are occasions when it is a normal trading day for the Mainland market but Hong Kong investors cannot carry out any A-share trading. Client should take note of the days Shanghai-Hong Kong Stock Connect is open for business and decide according to Client’s own risk tolerance capability whether or not to take on the risk of price fluctuations in A-shares during the time when Shanghai-Hong Kong Connect is not trading. Restrictions on Selling Imposed by Front-end Monitoring Client must ensure to have sufficient shares in their accounts opened with the Broker when placing sell orders for trading Shanghai Stock Exchange Securities. If the shares are kept in an account opened with another Exchange Participant or a custodian, Client must first transfer the shares to the Broker on the day before trading day in order to sell the share on trading day.

Quotas used up.  When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (sell orders will still be accepted) until the aggregate quota balance returns to the daily quota level.  Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading daytradingday. Trading day Shanghai-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. So it is possible that there are occasions when it is a normal trading day for the Mainland market but buy Hong Kong investors cannot carry out any A-share trading. Client should take note of the days Shanghai-Hong Kong Stock Connect is open for business and decide according to Client’s own risk tolerance capability whether or not to take on the risk of price fluctuations in A-shares during the time when Shanghai-Hong Kong Connect is not trading. Restrictions on Selling Imposed by Front-end Monitoring Client must ensure to have sufficient shares in their accounts opened with the Broker when placing sell orders for trading Shanghai Stock Exchange Securities. If the shares are kept in an account opened with another Exchange Participant or a custodian, Client must first transfer the shares to the Broker on the day before trading day in order to sell the share on trading day.

Quotas used up. When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (sell orders will still be accepted) until the aggregate quota balance returns to the daily quota level. Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the th e daily quota, while sell orders will be continued to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading day. Trading day Shanghai-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. So it is possible that there are occasions when it is a normal trading day for the Mainland market but buy Hong Kong investors cannot carry out any A-share trading. Client should take note of the days Shanghai-Hong Kong Stock Connect is open for business and decide according to Client’s own risk tolerance capability whether or not to take on the risk of price fluctuations in A-shares during the time when Shanghai-Hong Kong Connect is not trading. Restrictions on Selling Imposed by Front-end Monitoring Client must ensure to have sufficient shares in their accounts opened with the Broker when placing sell orders for trading Shanghai Stock Exchange Securities. If the shares are kept in an account opened with another Exchange Participant or a custodian, Client must mus t first transfer the shares to the Broker on the day before trading day in order to sell the share on trading day.

Quotas used up. ⚫ When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (sell orders will still be accepted) until the aggregate quota balance returns to the daily quota level. ⚫ Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading daytradingday. Trading day Shanghai-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. So it is possible that there are occasions when it is a normal trading day for the Mainland market but Hong Kong investors cannot carry out any A-share trading. Client should take note of the days Shanghai-Shanghai- Hong Kong Stock Connect is open for business and decide according to Client’s own risk tolerance capability whether or not to take on the risk of price fluctuations in A-shares during the time when Shanghai-Hong Kong Connect is not trading. Restrictions on Selling Imposed by Front-end Monitoring Client must ensure to have sufficient shares in their accounts opened with the Broker when placing sell orders for trading Shanghai Stock Exchange Securities. If the shares are kept in an account opened with another Exchange Participant or a custodian, Client must first transfer the shares to the Broker on the day before trading day in order to sell the share on trading day.

Quotas used up.  When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (sell orders will still be accepted) until the aggregate quota balance returns to the daily quota level.  Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading daytradingday. Trading day Shanghai-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. So it is possible that there are occasions when it is a normal trading day for the Mainland market but Hong Kong investors cannot carry out any A-share trading. Client should take note of the days Shanghai-Shanghai- Hong Kong Stock Connect is open for business and decide according to Client’s own risk tolerance capability whether or not to take on the risk of price fluctuations in A-shares during the time when Shanghai-Hong Kong Connect is not trading. Restrictions on Selling Imposed by Front-end Monitoring Client must ensure to have sufficient shares in their accounts opened with the Broker when placing sell orders for trading Shanghai Stock Exchange Securities. If the shares are kept in an account opened with another Exchange Participant or a custodian, Client must first transfer the shares to the Broker on the day before trading day in order to sell the share on trading day.