Access to this website and the information and material set forth herein (the "Site") is provided to you subject to the following terms. You understand that your access to and use of this Site constitutes your consent and agreement to abide by these terms.

All securities transactions and other financial services are conducted based on signed written agreements between CLSA and its customers, and the terms of those agreements are binding on the parties. No other representation, whether made in person, online, electronically, in written, graphical, or verbal communication, may alter the terms of those agreements except that your use of this service constitutes your agreement to the additional terms and conditions applicable to such use.

Access

This Site is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject CLSA Limited or its affiliates ("CLSA") to any registration or licensing requirement within such jurisdiction.

No Offer

The information and material presented in this Site are provided to you for informational purposes only and are not to be used or considered as an offer to sell or solicitation of an offer to buy securities or other financial instruments, or any advice or recommendation with respect to such securities or other financial instruments. CLSA or its affiliates may, to the extent permitted by law, participate or invest in financing transactions with the issuer(s) of the securities referred to in this Site, perform services for or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereon. In addition, they may make markets in such securities. CLSA may, to the extent permitted by law, act upon or use the information or opinions presented herein, or the research or analysis on which they are based before the material is published.

Disclaimer

The material and information contained in this Site has been produced and collated by CLSA in accordance with its current practices and policies and with the benefit of information currently available to it. All reasonable efforts have been made to ensure the accuracy of the contents of the pages of the Site at the time of preparation.

Notwithstanding the efforts made by CLSA to ensure the accuracy of the Site, no responsibility or liability is accepted by CLSA in respect of any use or reference to the Site, and CLSA does not warrant or guarantee the adequacy, accuracy or completeness of any information herein or that such information will be delivered in a timely or uninterrupted form. The information and material on this Site is provided "as is". CLSA expressly disclaims any obligation to update any information herein and any liability for inaccuracies and omissions in such information. CLSA accepts no liability for losses or damages which may be directly or indirectly sustained by any visitor to the Site or other person who obtains access to the material on the Site.

You understand that CLSA may have opinions from time to time with regard to any or all of the securities referenced herein and that those opinions may be different than those obtained by using or stated in parts of this Site.

NO CLAIMS ACTIONS OR LEGAL PROCEEDINGS IN CONNECTION WITH THIS SITE BROUGHT BY ANY VISITOR OR OTHER PERSON HAVING REFERENCE TO THE MATERIAL WILL BE ENTERTAINED BY CLSA.

Privacy Policy Statement

The Site provides you an opportunity to e-mail CLSA personal information and data in order to enquire about the services we offer to you as a registered user of the Site. CLSA’s policies and practices in relation to personal data and the Personal Data (Privacy) Ordinance in Hong Kong are available here. As a general policy CLSA values all personal information provided by users of the Site.

Failure to supply personal data as requested may result in CLSA being unable to provide you further information relating to our services.

When you login to our Site as an authorised user, we collect information regarding where you go within our site so that we may send you information that is of interest to you. In addition, like most Sites, we use small bits of data called "cookies" stored on users' computers to simulate a continuous connection. "Cookies" let us store information about your preferences and passwords and allow you to move to different pages of our secure Site without having to re-enter your password information. Any information collected is stored in secure databases protected via a variety of access controls and is treated as confidential information by us.

Code of Conduct

While using this Site, you agree not to, by any means (including hacking, cracking or defacing any portion of the Site):

• Restrict or inhibit any authorized user from using this Site;
• Use the Site for unlawful purposes;
• Harvest or collect information about Site users without their express consent;
• "Frame" or "mirror" any part of the Site without our prior authorization;
• Engage in spamming or flooding;
• Transmit any software or other materials that contain any virus, time bomb, or other harmful or disruptive component;
• Remove any copyright, trademark or other proprietary rights notices contained in the Site;
• Use any device, application or process to retrieve, index, "data mine" or in any way reproduce or circumvent the navigational structure or presentation of the Site;
• Permit or help anyone without access to the Site to use the Site through your username and password or otherwise.

Password Agreement

You represent and agree that:

• Your password is personal to you and you will ensure that this password is known only to you and shall not be made available to any other person;
• Your are obligated to discontinue use of your password and advise CLSA if you leave or are discharged from your present employer;
• Any use of your password after such departure will be a violation of this agreement.

Copyright

The Site's contents may not be reproduced in whole or in part or otherwise made available without the prior written consent of CLSA. Unless specifically indicated otherwise, the pages and contents of this Site including the layout of the site are the copyright of CLSA or are protected under third party copyright. A single copy of material on this Site may be downloaded and/or reprinted for personal use only and may not be distributed to third parties. Any downloaded or reprinted material may not be altered in any way and must contain the following copyright notice: "© CLSA Limited 2000 All rights reserved" and any other copyright notice contained on the downloaded material.

Linked Sites

CLSA has not reviewed any of the websites to which this Site links, and is not responsible for the content of any other websites or pages linked to or linking to this Site. Such links are provided solely for your convenience and information. Following links to any other websites or pages shall be at your own risk.