Welcome to the website of Shenwan Hongyuan Group (“Site”). You are encouraged to read this disclaimer carefully before accessing this Site.

General Disclaimer

The information on this Site is intended only for your general information although such information is obtained or compiled from sources which Shenwan Hongyuan (H.K.) Limited, its subsidiaries and its associated companies (together, “Shenwan Hongyuan Group”) believe to be reliable. Shenwan Hongyuan Group expressly disclaims any warranties or duties regarding, including without limitation, the accuracy, validity, timeliness or completeness of any such information. All information on this Site is provided on an "as is" basis and is subject to change without prior notice to you. Shenwan Hongyuan Group further expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the information or opinions in this Site. Due to the nature of the internet, data transmission via internet may be subject to interruption, transmission blackout, delayed transmission and incorrect data transmission. Shenwan Hongyuan Group is not liable for malfunctions in communication facilities not under its control that may affect the accuracy or timeliness of messages you send. You are solely responsible for the risks involved.

No Offer

Neither the information nor any opinions in this Site constitute solicitation, invitation, inducement, representation of any kind or offer or form whatsoever by Shenwan Hongyuan Group to buy or sell any securities, futures, options or other financial products or provide any service or investment advice. Members and associated persons of Shenwan Hongyuan Group, may from time to time, to the extent permitted by law, make a purchase and/or sale, or offer to purchase and/or sell and/or otherwise deal with any of the securities, futures, options or other financial products referred to in the Site in the open market or otherwise, in each case either as principal or otherwise.

Use of Links

The viewers may, at their own risks, view other sites via links provided in this Site. Shenwan Hongyuan Group takes no responsibility for the contents and security of such sites, makes no representation as to and shall have no liability for, including without limitation, its accuracy, completeness, timeliness, validity, performance and security of such sites. The linked websites are principally designed and provided to its own jurisdiction. It is the responsibility of the persons who access these websites to observe the applicable laws and regulations of the relevant jurisdiction(s).

Password Security

You shall keep the password which is used to access your online trading account confidential and shall not disclose them to any person not authorized to operate the online trading account. You shall not store the password on any computer which may be assessed by any unauthorized person. You shall be solely responsible for any disclosure of the password to any third person or any unauthorized use of the password. Shenwan Hongyuan Group is not responsible for unauthorized access to your online trading account due to your failure in safeguarding the password.

Risk Disclosure Statements for using Online Trading Services

(1) In relation to online trading, you should fully be aware and accept that, because of the inherent characteristics of the internet, it may not be a completely secure and reliable means of telecommunication and there may be delay in data transmission and receipt of instructions or other information, delays in execution or execution of instructions at prices different from those prevailing at the time the instructions are given. There are also risks of misunderstanding or errors in communication and it is usually not possible to cancel instructions once given;

(2) In relation to the use of the password to the Online Trading Services, you acknowledge and fully understand that you shall be solely responsible for any disclosure of the password to any third person or any unauthorised use of the password. So long as the password is used in identification of the source of instructions, the instructions thereof shall be deemed to have originated from you, as authentic, complete, accurate and binding on you, whether or not such instructions was in fact given by you; and

(3) You understand that Shenwan Hongyuan Group shall not be liable to you for: (i) any delay or error in the execution of instructions, or (ii) non-execution of instructions, due to any error, interruption or non-availability of any equipment, facilities or other circumstances which are not actually foreseen by or actually known to Shenwan Hongyuan Group or which are beyond the control of Shenwan Hongyuan Group and Shenwan Hongyuan Group has not made any representations or guarantees in relation to the timeliness, accuracy, completeness, reliability of any information disseminated or accessible through the Online Trading Services.

Copyright

The information on this Site may not be copied, transmitted, disseminated, sold, distributed, published, broadcast, circulated, stored for subsequent use or commercially exploited in any manner without prior express consent of Shenwan Hongyuan Group.