What are the trading hours for subscribing to ELIs?
Branch
Online
ELIs linked to HK stock(s)
9:00 AM to 3:30 PM HKT on bank business days
9:00 AM to 3:45 PM HKT on HK trading days
ELIs linked to US stock(s)
9:00 AM to 5:00 PM HKT on bank business days (except US public holidays)
9:00 AM to 7:00 PM HKT on US trading days
What are call price, exercise price, and knock-in price?
Terms used by the Bank
Other common names
Description
Call Price
Knock-out Price
A specified percentage of the initial spot price to determine the occurrence of early redemption
Exercise Price
Strike Price
A specified percentage of the initial spot price to determine the settlement upon expiry
Knock-in Price
Airbag Level
A specified percentage of the initial spot price to determine the occurrence of knock-in event It is usually set lower than the exercise price.
Will I be entitled to stock dividends during the ELI investment period if the ELI’s underlying stock distributes dividends?
Investing in an ELI is not the same as buying the underlying stocks. You will not receive dividends from the underlying stock(s) during the ELI investment period.
For basket ELIs, which stock will be used to determine the payoff at maturity?
Payoff at maturity is determined by the worst performing underlying stock, which is the stock with the lowest percentage return. If physical settlement applies, the worst performing underlying stock will be delivered.
What type of account do I need to subscribe to ELIs?
You will need a Wealth Management Account to subscribe to ELIs. Please click here to find out more about our Wealth Management Account.
Are there any special requirements for investing in ELIs linked to US stock(s)?
You must have submitted a valid W-8BEN Form to us before placing an order for any ELI linked to US stocks.
Will I be informed if I place an ELI order or my ELI reaches maturity?
Yes, you will receive timely notification by email, and if you have registered for DBS digibank HK app, you will also receive inbox message in the app.
What is the minimum investment amount for Online ELI?
You may refer to the table below for reference:
Currency
Minimum investment amount
Multiply of
HKD
400,000
100,000
CNY
400,000
100,000
USD
50,000
10,000
AUD
50,000
10,000
EUR
50,000
10,000
GBP
50,000
10,000
NZD
50,000
10,000
CAD
50,000
10,000
SGD
50,000
10,000
CHF
50,000
10,000
JPY
10,000,000
1,000,000
What shall I do if the quotation on Online ELI cannot be provided?
Quotation is a trial-and-error process. You may first start with a higher call price (e.g. 100%), or a higher knock-in price (e.g. 85%), or a higher exercise price (e.g. 90%), or a lower coupon rate (p.a.) (e.g. 5% p.a.), then progressively adjust towards your desired level to see which is the optimal level that works for you.
What shall I do if I encounter the alert of “Your asset concentration is high” during transaction process of Online ELI?
After selecting a reason from the pull down menu under “What’s your reason for proceeding with this transaction?”, you can proceed with your transaction.
