BOCHK definition
Examples of BOCHK in a sentence
For the purpose of CFD transactions, Lion Brokers Limited opened two types of accounts in its own name in Hong Kong with the Bank of China (Hong Kong) Limited (“BOCHK”),a house account and a client account, after going through the know-your customer and the anti-money laundering procedures with the BOCHK.
We set out below further information about the Cornerstone Investors: BOCHK Asset Management Limited (“BOCHK AM”) was incorporated in Hong Kong with limited liability.
The customer's director, partner, manager or agent is BOCHK or any of its controller or minority shareholder controller or director or their relative.
BOCHK AM has agreed to procure certain accounts under its management to subscribe for our Shares, namely BOCHKAM-Asia 1, BOCHKAM-Asia 2 and BOCHKAM-Asia 5 (the “Investor Accounts”).
BOCHK AM is licensed with the SFC to carry on business in Type 1 (dealing on securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO.
Interest will be calculated with reference to the Savings Deposit Rates from time to time provided by BOCHK.
As BOCHK AM and BOCI Asia Limited, one of the Joint Bookrunners and the Underwriters of the Global Offering are both indirect subsidiaries of Bank of China Limited, BOCHK AM is therefore a member of the same group of companies as BOCI Asia Limited and a connected client of BOCI Asia Limited.
BOCHK AM is a wholly-owned subsidiary of BOC Hong Kong (Holdings) Limited (Stock Code: ▇▇▇▇.▇▇), a company listed on the Stock Exchange, and an indirect subsidiary of Bank of China Limited (Stock Code: ▇▇▇▇.▇▇ and ▇▇▇▇▇▇.▇▇), a company listed on the Stock Exchange and Shanghai Stock Exchange.
The customer's guarantor is any controller, minority shareholder controller or director of BOCHK or their relative.
The Investor Accounts are managed by BOCHK AM as investment manager on a discretionary basis.