Notification of Change in Additional Margin Loan Interest

Dear Valued Customers:

Notification of Change in Additional Margin Loan Interest

We would like to notify you that, with effect from 3^rd July 2018,  for any outstanding margin loan amount exceeding the margin value (“Margin Call Amount”) of your stock portfolio’s market value, the existing additional margin interest rate (“Margin Call Interest”) will be revised from the current 3.5% per annum to 5.0% per annum.

Therefore if the margin loan amount is less than the margin value of your account, the current margin financing interest will continue to apply to your account. However, if the loan amount exceeds the margin value of your account, an additional 5% per annum Margin Call Interest will then be charged on top of the margin financing interest rate for the Margin Call Amount.

To safeguard your interest, we recommend that you closely monitor the margin loan level in your account and maintain sufficient funds for due and timely settlement of transactions to avoid unnecessary margin loan interest expenses.

If you have any enquiries or comments regarding this notification, please contact your Account Manager or our customer service hotline on (852) 2237 9338 / (86) 400 818 0338 at 9am to 6pm, Monday to Friday. Thank you for your continuous support.

CITIC Securities Brokerage (HK) Limited