THE SECURITIES AND DERIVATIVES MARKETS IN HONG KONG WILL CONTINUE TO TRADE UNDER SEVEREWEATHER CONDITIONS
20th September, 2024
Dear Customer,
Service Arrangements on a Severe Weather Trading Day
To tie in with the implementation of ^Severe Weather Trading (“SWT”) with effect from 23 September 2024, Huarong International Securities Limited support the trading activities (both online trade and phone trade), provide customer support and limited clearing and settlement activities on a Severe Weather Trading day.
Points to Note:
Clients should arrange funds to settle any outstanding amount due and/or margin call on a SWT day (“Settlement Obligation”). Huarong International Securities Limited reserves the rights to perform any forced liquidation to your account portfolio when you fail to meet your Settlement Obligation.
Huarong International Securities Limited will not provide physical certificate deposit or withdrawal services on a SWT day.
Huarong International Securities Limited will not provide cheque deposit or cheque withdrawal services on a SWT day.
^"Severe Weather Trading" refers to the maintenance of normal operations of the Hong Kong securities and derivatives markets during Severe Weather conditions; and “Severe Weather” refers to the scenario where a typhoon signal No. 8 or above or a black rainstorm warning is issued by the Hong Kong Observatory, or an “extreme conditions” announcement is made by the HKSAR Government.
For inquiries, please contact our Customer Service Department at (852) 3965-3560
Huarong International Securities Limited
