Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the "Stock Exchange") take no responsibility for the
contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any
loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
Notice of Valuation of Residual Value of the Callable Bull/Bear Contracts (the “CBBCs”)
Issued by
The Hongkong and Shanghai Banking Corporation Limited
(Incorporated in Hong Kong with limited liability under the Companies Ordinance of Hong Kong)
Non-collateralised Structured Products
The Hongkong and Shanghai Banking Corporation Limited (the “Issuer”) gives notice that under the terms and conditions of the
CBBCs (the “Conditions”), following the occurrence of the Mandatory Call Event (the “MCE”) in respect of the CBBCs described in the
table below in the pre-opening session or the continuous trading session (as the case may be) of the Stock Exchange at the time (the “MCE
Time”) and on the date (the “MCE Date”) specified in the table below, the Residual Value in respect of the CBBCs has been determined as
follows:
RESTRICTED
Stock
Code
65029
65012
64780
Type
BULL
BULL
BULL
Residual
Value
per
Board
Lot
9:20:00
11-Jan16
Galaxy
Entertainment
Group
Limited
40,000,000
10
1 Share
10,000
HK$21.06
HK$21.10
HK$0.004
HK$40
9:33:17
11-Jan16
China
Overseas
Land &
Investment
Limited
40,000,000
10
1 Share
2,000
HK$22.16
HK$22.30
HK$0.014
HK$28
9:20:00
11-Jan16
China Life
Insurance
Company
Limited
50,000,000
10
1 Share
10,000
HK$21.56
HK$21.05
HK$0.00
HK$0
50,000,000
100
1 Share
5,000
HK$36.66
HK$36.20
HK$0.00
HK$0
120,000,000
100
1 Share
5,000
HK$77.88
HK$79.00
HK$0.0112
HK$56
60,000,000
10
1 Share
4,000
HK$10.28
HK$11.04
HK$0.076
HK$304
9:20:00
11-Jan16
64377
BULL
9:20:00
11-Jan16
China Mobile
Limited
9:33:32
11-Jan16
Haitong
Securities
Company
Limited
RESTRICTED
Residual
Value per
CBBC
Underlying
BULL
BULL
Strike
Price
Maximum
/
Minimum
Trade
Price
MCE
Date
64788
64591
Board
Lot
(CBBCs)
MCE
Time
Ping An
Insurance
(Group)
Company of
China
Limited
Issue Size
(CBBCs)
Number of
CBBCs per
Entitlement
Entitlement
66590
BULL
9:20:00
11-Jan16
China
Overseas
Land &
Investment
Limited
50,000,000
10
1 Share
2,000
HK$23.08
HK$22.30
HK$0.00
HK$0
188,000,000
100
1 Share
5,000
HK$36.08
HK$36.20
HK$0.0012
HK$6
100,000,000
10
1 Share
10,000
HK$3.03
HK$3.10
HK$0.007
HK$70
68424
BULL
9:20:00
11-Jan16
Ping An
Insurance
(Group)
Company of
China
Limited
65695
BULL
9:20:00
11-Jan16
Bank of
China
Limited
67529
BULL
9:20:00
11-Jan16
Sands China
Limited
50,000,000
10
1 Share
4,000
HK$20.28
HK$21.60
HK$0.132
HK$528
67540
BULL
9:20:00
11-Jan16
CITIC
Limited
40,000,000
10
1 Share
10,000
HK$11.98
HK$12.00
HK$0.002
HK$20
9:20:00
11-Jan16
CITIC
Securities
Company
Limited
60,000,000
10
1 Share
5,000
HK$13.38
HK$14.94
HK$0.156
HK$780
9:30:36
11-Jan16
China Life
Insurance
Company
Limited
60,000,000
10
1 Share
10,000
HK$20.88
HK$21.05
HK$0.017
HK$170
9:20:00
11-Jan16
Hong Kong
Exchanges
and Clearing
Limited
100,000,000
100
1 Share
10,000
HK$178.88
HK$181.50
HK$0.0262
HK$262
67554
63794
63289
BULL
BULL
BULL
RESTRICTED
67243
66489
BULL
BULL
9:35:01
11-Jan16
CRRC
Corporation
Limited
40,000,000
10
1 Share
10,000
HK$7.38
HK$7.70
HK$0.032
HK$320
9:38:53
11-Jan16
Sun Hung
Kai
Properties
Limited
60,000,000
100
1 Share
10,000
HK$85.98
HK$89.80
HK$0.0382
HK$382
For Bull CBBCs, the Residual Value per Board Lot is determined by the Issuer with reference to the following formula:
Entitlement x (Minimum Trade Price - Strike Price) x one Board Lot
Number of CBBCs per Entitlement
For Bear CBBCs, the Residual Value per Board Lot is determined by the Issuer with reference to the following formula:
Entitlement x (Strike Price - Maximum Trade Price) x one Board Lot
Number of CBBCs per Entitlement
Subject to Settlement Disruption Event, all eligible CBBCs holders will receive the Residual Value (if any) no later than 14 Jan 2016, being the
third CCASS Settlement Day following the end of the MCE Valuation Period.
Hong Kong, 11 Jan 2016
RESTRICTED