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由上海商业银行有限公司刊发 2017-12 Issued by Shanghai Commercial Bank Limited 页Page 1/2 Important Notice of Trading China A Shares via Important Notice of Trading China A Shares via Important Notice of Trading China A Shares via Important Notice of Trading China A Shares via Shanghai Shanghai Shanghai Shanghai- - - -Hong Kong Stock Connect and Shenzhen Hong Kong Stock Connect and Shenzhen Hong Kong Stock Connect and Shenzhen Hong Kong Stock Connect and Shenzhen- - - -Hong Kong Stock Connect Hong Kong Stock Connect Hong Kong Stock Connect Hong Kong Stock Connect 经沪港通 经沪港通 经沪港通 经沪港通、 、 、 、深港通买卖中国 深港通买卖中国 深港通买卖中国 深港通买卖中国A A A A股注意事项 股注意事项 股注意事项 股注意事项 Due to the differences between the markets in terms of trading regulations, investment environment and investment products etc, the customers have to face other potential risks in addition to the investment risks of trading in local markets.

When investing in relation to trading of A shares listed on shanghai Stock Exchange via Northbound Trading of Shanghai-Hong Kong Stock Connect and listed on Shenzhen Stock Exchange via Northbound Trading of Shenzhen-Hong Kong Stock Connect, customers should grasp the basic knowledge of the Mainland stock market, understand the trading rules of the stock exchange and fully aware of the investment risks arising from trading via Shanghai Stock Connect and Shenzhen Stock Connect , and thus leading to rational investment. The following points are the operations and overview of some of the potential risks related to Shanghai Stock Connect and Shenzhen Stock Connect . Customers should have a comprehensive understanding of other potential risks prior to investment. Please refer to the Rules of the Exchange, Hong Kong Exchanges and Clearing Limited (HKEX) website and other documents for detailed information. Details of Operation of Stock Code, Board Lot/Odd Lot, Order Size and Tick Size Customers should note that A shares trading will follow the Shanghai Stock Exchange'

s (SSE) or Shenzhen Stock Exchange'

s (SZSE) trading hour. The stock codes of SSE and SZSE Securities are

6 digits and customers should use SSE and SZSE stock codes when placing orders. All trading must be conducted on SSE or SZSE, i.e. no over-the-counter (OTC) or manual trades are allowed. SSE and SZSE Securities are subject to the same trading board lot size, which is

100 shares (buy orders must be in board lots). Odd lot trading is only available for sell orders and all odd lots should be sold in one single order. The maximum order size is

1 million shares and the tick size is uniformly set at RMB 0.01. Customer are not allow carry out naked short selling activities. Please refer HKEX website for detailed information. The recalling of eligible stocks Customers can only trade eligible A shares. When a stock is recalled from the scope of eligible stocks for trading via Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect , the stock can only be sold but restricted from being bought. This may affect the investment portfolio or strategies of customers. Customers should therefore pay close attention to the list of eligible stocks as provided and renewed from time to time by SSE, SZSE and SEHK. Trading and Settlement Currency The trading and settlement currency of A shares are in RMB. Customers need to have sufficient RMB funds for trading A shares. Only Limited order is available Only limited order is accepted for A shares transaction. Price Limit Customers should pay attention to the price limit of Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE). All orders input for A shares must be at or within the price limit, i.e, cannot exceed +/- 10% of the previous closing price. (+/- 5% for A shares in the risk alert board). Arrangement of order amendment If a customer wants to amend an A shares order which has been issued, he/she has to cancel the existing order and place a new order subject to the quota balance at that moment and queue up again. Stock and money settlement arrangement For A shares trading, stock settlement will be conducted on T-day, and will settle the money (including the transaction amount as well as the related fees and levies) on T+1 day. Moreover, customers should also note the listing date of bonus shares Shenzhen Stock Exchange would be on the following day of the record date. Shareholding restriction and disclosure obligation According to the regulations of the Mainland China, single foreign investor'