Commentary Disclaimer

Articles and commentaries in this website are published by Credit Suisse (Hong Kong) Limited. They do not take into account the investment objectives, financial situation and particular needs of each individual and do not constitute any recommendation, invitation, offer or solicitation to purchase or sell any structured product (including warrants and callable bull/bear contracts) listed on The Stock Exchange of Hong Kong Limited referred to in this website (“Structured Products”), the underlying asset or any other financial product.

The price of a Structured Product may fall in value as rapidly as it may rise and investors may sustain a total loss of their investment. Past performance of the underlying is not an indication of future performance. You should ensure that you understand the nature of the Structured Products and carefully study the risk factors set out in the relevant listing documents of the Structured Products and where necessary, seek professional advice. CBBCs have a mandatory call feature and may be early terminated, in which case: (i) Category N CBBCs investors will not receive any cash payment; and (ii) Category R CBBCs investors may receive a cash payment called the Residual Value, which may be zero. You should read the full details of the Structured Products set out in the relevant listing documents for further information about the Structured Products.

Credit Suisse Securities (Hong Kong) Limited, as the liquidity provider of the Structured Products, may be the only market participant for the Structured Products. Credit Suisse (Hong Kong) Limited, Credit Suisse Group AG and our respective subsidiaries or affiliates (“Credit Suisse”) make no representations or warranties as to (i) if applicable, whether the Structured Products will be listed on the scheduled listing date; or (ii) the liquidity of the Structured Products subsequent to its listing. Credit Suisse may from time to time have a position (on a principal basis or otherwise) in a Structured Product or the underlying asset. Credit Suisse may also make markets in the Structured Products, the underlying assets or derivatives to any issuer of the underlying assets, or provide services to the issuer of the underlying asset of any Structured Product or its affiliates.

The information in this website (including any expression of opinion or forecast) is provided in good faith and has been obtained or derived from sources believed by us to be reliable and accurate as of its publication date. Opinions, estimates and other information contained herein may be changed or withdrawn without prior notice. Credit Suisse may not, and is not obliged to, update the information or correct any inaccuracy of this website. We make no representation as to, and do not accept any responsibility for, the accuracy, completeness or reasonableness of the information in any article of this website. You should make your own assessment before making any investment decision and obtain independent professional advice if necessary.