What are the trading hours for subscribing to ELIs at a branch?
You can place orders for ELIs linked to HK stock(s) at our branch from 9:00 am to 3:30 pm on working days. For ELIs linked to US stock(s), orders can be placed from 9:00 am to 5:00 pm on working days (except US public holidays).
Will I be entitled to stock dividends during the ELI investment period if the ELI’s linked stock distributes dividends?
Investing in an ELI is not the same as buying the linked stocks. You will not receive dividends from the linked 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 linked stock, which is the stock with the lowest percentage return. If physical settlement applies, the worst performing linked 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.