Bonus Enhanced Note on Chinese Banks

This is an investment that can potentially earn 14% absolute return in 9 months' time based on the big 3 chinese banks.


Investor can enter into the following bonus enhanced note:

Underlying stocks: China Construction Bank, Bank of China, Industrial & Commercial Bank of China
Put strike: 95%
Digit strike: 95%
Flat coupon: 14.74%
Notional: HKD
Tenor: 9 months
Enter at market closed.


At maturity:
- If final >= strike,  client receives max (bonus, performance) + 100%.
- If final < strike, client receives delivery of worst performing stock at put strike.

If worst performing stock is at or above 95% at last valuation date, client will receive absolute return of 14.74%.