Today, information is at your...

STRUCTURED INVESTMENT UPDATE APRIL 2017

Today,information is at your fingertips

Build and manage your wealth more efficiently with a monthly update on the underlying assets which are linked to HSBC and HSBC Amanah’s Structured Investment. This e-booklet provides comprehensive information on price movement and news related to the underlying assets which are linked to HSBC and HSBC Amanah’s Structured Investment. Use the information to monitor your investment, if any, and make informed decisions.

02STRUCTURED INVESTMENT UPDATEContents

Contents

Assets Page No.

Objective 02

Performance of Underlying Assets 04

Agricultural Bank of China Ltd

AIA Group Ltd

05

Alibaba Group Holding Ltd Bank of China Ltd

06

Barclays PLC

BP PLC

07

Cheung Kong Property Holdings Ltd

China Construction Bank Corp

08

China Overseas Land & Investment Ltd

China Shenhua Energy Co Ltd

09

China Telecom Corp Ltd

China Unicom (Hong Kong) Ltd

10

Great Wall Motor Co Ltd

Hong Kong Exchanges and Clearing Ltd

11

Industrial and Commercial Bank of China Ltd

Lenovo Group Ltd

12

Assets Page No.

Lloyds Banking Group PLC

PICC Property and Casualty Co Ltd

13

Ping An Insurance (Group) Co of China, Ltd

Swire Pacific Ltd

14

Vodafone Group PLC

Want Want China Holdings Ltd

15

FTSE 100 Index

Hang Seng China Enterprises Index

16

S&P 500 Index

STOXX Europe 50 EUR Price Index

17

VanEck Vectors Gold Miners ETF

Thomson Reuters Definition

18

Principal Risk

Other Major Risks

19

Important Information for Customers 20


52 weeks Price Over

Earning Ratio(PE)

5-year Average

Price Over

Earning Ratio (PE)

Divi-dend Yield (12

months)

Market Capitalization

(in Million)

Moving Average Historical Performance

Underlying NameStock Code

SectorClosing Price

High Low 50-day 100-day 200-day 1 Month3

Months6

Months1 Year 3 Years

Year To Date

UNDERLYING ASSETSAgricultural Bank of China Ltd 1288.HK Finance 3.58 3.74 2.66 5.61 5.96 5.33% 1,219,547.78 3.48 3.35 3.22 0.00% 12.58% 7.83% 28.32% 5.92% 12.58%

AIA Group Ltd 1299.HK Finance 49.00 54.15 42.30 18.31 19.83 1.73% 595,731.71 48.69 47.24 48.20 -0.10% 12.00% -4.95% 11.49% 33.15% 12.00%

Alibaba Group Holding Ltd BABA.K Communica-

tions 107.83 110.45 73.30 - - 0.00% 267,406.86 103.46 97.93 95.80 4.79% 22.80% 1.93% 36.44% 58.57% 22.80%

Bank of China Ltd 3988.HK Finance 3.86 4.08 2.90 6.51 5.56 5.45% 1,530,677.63 3.81 3.64 3.50 -1.78% 12.21% 9.04% 19.88% 12.21% 12.21%

Barclays PLC BARC.L Finance 225.10 244.40 121.10 23.91 954.05 1.35% 37,779.46 229.01 225.87 194.86 -0.62% 0.74% 34.15% 50.07% -3.56% 0.74%

BP PLC BP.L Energy 457.55 521.20 335.08 1,200.26 19.78 6.70% 90,189.90 462.07 471.83 457.91 0.88% -10.21% 1.68% 30.67% -4.68% -10.21%

Cheung Kong Property Holdings Ltd 1113.HK Property 52.35 59.75 44.05 - - 2.90% 200,285.71 52.14 51.42 52.74 -0.85% 10.09% -7.51% 4.80% -29.35% 10.09%

China Construction Bank Corp 0939.HK Finance 6.25 6.55 4.50 6.14 5.59 4.96% 1,583,894.56 6.16 5.94 5.75 -2.19% 4.69% 8.70% 26.26% 15.10% 4.69%

China Overseas Land & Investment Ltd 0688.HK Property 22.20 27.85 20.15 6.13 7.19 3.40% 244,890.01 23.67 22.83 24.09 -7.11% 8.03% -15.59% -9.57% 11.78% 8.03%

China Shenhua Energy Co Ltd 1088.HK Energy 18.04 19.78 11.40 13.07 9.91 2.83% 422,595.15 16.67 16.24 15.49 11.08% 23.56% 19.00% 47.87% -19.46% 23.56%

China Telecom Corp Ltd 0728.HK Telecom 3.79 4.34 3.29 15.55 15.05 2.77% 306,757.36 3.69 3.69 3.77 3.84% 5.87% -3.07% -7.56% 5.57% 5.87%

China Unicom Hong Kong Ltd 0762.HK Telecom 10.40 10.96 7.70 373.20 25.69 1.86% 260,085.38 9.57 9.32 9.03 10.17% 15.17% 11.71% 1.56% 1.96% 15.17%

Great Wall Motor Co Ltd 2333.HK Automotive 8.85 10.08 5.41 7.19 7.70 3.51% 114,472.64 8.89 8.11 7.82 -7.23% 22.24% 17.22% 40.48% -31.75% 22.24%

Hong Kong Exchanges and Clearing Ltd 0388.HK Finance 195.60 213.20 175.00 41.17 34.61 2.17% 240,108.19 193.71 193.61 194.55 1.50% 6.77% -4.02% 4.71% 66.33% 6.77%

Industrial and Commercial Bank of China Ltd

1398.HK Finance 5.08 5.27 3.82 6.01 5.66 5.17% 1,916,860.66 4.99 4.83 4.74 -0.20% 9.25% 4.74% 17.05% 6.50% 9.25%

Lenovo Group Ltd 0992.HK Technology 5.12 6.58 4.49 12.22 20.98 5.08% 57,991.65 4.91 4.87 4.97 9.87% 8.94% -0.39% -15.23% -40.26% 8.94%

Lloyds Banking Group PLC LLOY.L Finance 66.32 74.00 47.10 19.48 162.01 3.86% 47,408.18 67.24 64.68 60.22 -3.42% 6.10% 21.58% -2.50% -11.16% 6.10%

PICC Property and Casualty Co Ltd 2328.HK Finance 11.98 14.80 11.32 8.80 9.91 2.92% 177,066.08 12.12 12.24 12.55 1.01% -0.83% -6.70% -15.75% 17.25% -0.83%

Ping An Insurance Group Co of China Ltd 2318.HK Finance 43.50 44.95 32.50 11.10 13.13 1.96% 775,155.74 41.85 41.32 39.95 5.07% 12.11% 8.21% 17.25% 35.30% 12.11%

Swire Pacific Ltd 0019.HK Conglomerate 77.60 94.40 72.20 7.39 10.42 2.67% 111,908.80 79.08 77.87 82.27 -2.76% 4.79% -7.12% -7.07% -14.21% 4.79%

Vodafone Group PLC VOD.L Communica-tions 208.10 240.10 186.50 - 25.21 5.72% 55,273.17 201.61 202.00 214.03 3.07% 4.13% -6.16% -5.92% -5.54% 4.13%

Want Want China Holdings Ltd 0151.HK Consumer 5.38 6.76 4.56 17.36 24.70 2.56% 67,206.04 5.22 5.06 5.04 7.60% 8.25% 12.08% -6.43% -53.54% 8.25%

UNDERLYING INDEXFTSE 100 Index .FTSE Index 7,322.92 7,447.00 5,788.74 25.15 13.67 3.86% 1,975,141.38 7,282.14 7,135.14 6,956.75 0.82% 2.52% 6.14% 18.59% 10.98% 2.52%

Hang Seng China Enterprises Index .HSCE Index 10,273.67 10,698.28 8,175.96 9.48 8.31 3.59% 5,536,509.35 10,200.29 9,892.09 9,615.70 -0.24% 9.35% 7.22% 14.11% 1.97% 9.35%

S&P 500 Index .SPX Index 2,362.72 2,400.98 1,991.68 21.40 17.16 2.39% 21,354,590.44 2,339.43 2,284.68 2,214.95 -0.04% 5.53% 8.97% 14.71% 26.19% 5.53%

STOXX Europe 50 EUR Price Index .STOXX50 Index 3,160.69 3,174.79 2,626.52 22.33 14.21 3.84% 3,996,133.17 3,076.68 3,008.14 2,923.84 5.46% 6.39% 16.61% 16.51% 10.73% 6.39%

VanEck Vectors Gold Miners ETF GDX.P Index 22.81 31.79 18.66 - - 0.24% 11,783.35 23.41 22.40 24.83 -0.18% 9.03% -13.70% 14.16% -3.35% 9.03%

Performance of Underlying Assets


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%

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%

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%

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%

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UNDERLYING SHARE (%) UNDERLYING INDEX (%)

His

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1-month Historical Performance

Source: Thomson Reuters, data is as of 31 March 2017

Stock/ Index Factsheet



Source: Bloomberg and Thomson Reuters

Agricultural Bank of China Ltd 1288.HKData as of 31/3/2017 closingCompany Description Agricultural Bank of China Limited is a commercial bank. The Bank operates its businesses primarily through corporate banking, including corporate deposit, corporate loan, note discount, small-sized corporate services, organization business, settlement and cash management, trade financing and international settlement, investment banking, capital custody and pension businesses; personal banking, including personal loan, personal deposit, bank card, agent distribution of fund, agent distribution of national debt and private banking businesses; capital business, including currency market business, portfolio investment management, agent capital trading, banking and precious metal businesses, as well as e-banking, including online banking, telephone banking, mobile financial business, self-service banking and e-commerce.

Company Statistics

Currency HKD

Closing Price as of 31/3/2017 3.58

52-week high 3.74

52-week low 2.66

PE Ratio 5.61

5-year Average PE Ratio 5.96

Dividend Yield (12 Months) 5.33%

Market Capitalization (in Million) 1,219,548

50-day Moving Average 3.48



Historical Performance

YTD Performance 12.58%

1-Year Performance 28.32%

Closing Price as of 31/3/2017

$3.58

$2.66 $3.74LOW HIGH

52-Week Range

3 Years Performance (Historical Price Performance)

1 Month Performance (Historical Price Performance)

Market News

AIA Group Ltd 1299.HKData as of 31/3/2017 closingCompany DescriptionAIA Group Limited is an investment holding company. The Company and its subsidiaries are engaged in provision of products and services to individuals and businesses for their insurance, protection, savings, investment and retirement needs. The Company operates a life insurance business, providing life insurance, accident and health insurance and savings plans throughout Asia, and distributing related investment and other financial service products to its customers.

Company Statistics

Currency HKD


52-week high 54.15

52-week low 42.30

PE Ratio 18.31



Market Capitalization (in Million) 595,732







Closing Price as of 31/3/2017$49.00

$42.30 $54.15LOW HIGH

52-Week Range



Market News


8 March 2017 Agricultural Bank of China Said to Examine Lotte Group Exposure26 March 2017 Big Chinese Banks Will Be Biggest Winners on Rising Market Rates28 March 2017 Agricultural Bank Posts Surprise Profit Gain as Costs Fall29 March 2017 Big China Banks Cut Bad-Loan Ratios as Profits Rise

2 March 2017 AIA Expands Operating Profit as Hong Kong, China Set Growth Pace13 March 2017 Malaysian Ng Keng Hooi to Succeed Mark Tucker as AIA Group Chief Executive, President

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Company Statistics

Currency USD


52-week high 110.45

52-week low 73.30

PE Ratio 50.16

5-year Average PE Ratio -










$73.30 $110.45LOW HIGH

52-Week Range

Market News


Alibaba Group Holding Ltd BABA.KData as of 31/3/2017 closingCompany Description Alibaba Group Holding Limited is a holding company. The Company is principally engaged in online and mobile commerce through products, services and technology. The Company provides retail and wholesale marketplaces available through both personal computer and mobile interfaces in the PRC and internationally. Retail marketplaces and services operated by the Company include the China online shopping destination (Taobao Marketplace); the China brands and retail platform (Tmall); the China group buying site that offers products by aggregating demand from consumers through limited time discounted sales (Juhuasuan), and the global consumer marketplace targeting consumers around the world (AliExpress).



2 March 2017 Alibaba Set to Tap India e-Commerce Growth with Paytm Investment6 March 2017 Alibaba Steps Up Overseas Expansion to Reach 50% Non-China Sales7 March 2017 Alibaba’s Jack Ma Wants Serious Jail Time for Counterfeiters14 March 2017 China’s Jack Ma Challenged by Kansas Firm in MoneyGram Fight16 March 2017 Alibaba-Backed Payments Startup Paytm Takes Big Step into Canada22 March 2017 Alibaba CEO Zhang Says Malaysia to Be Its Regional Trade Hub

$21.94HIGH

Company Statistics

Currency HKD


52-week high 4.08

52-week low 2.90

PE Ratio 6.51










52-Week Range

Bank of China Ltd 3988.HKData as of 31/3/2017 closingCompany DescriptionBank Of China Limited is a China-based commercial bank. The Bank is mainly engaged in the provision of banking and related financial services, including commercial banking, investment banking, insurance business, direct investments and investment management business, fund management business and aircraft leasing business, as well as others.



Market News26 March 2017 Big Chinese Banks Will Be Biggest Winners on Rising Market Rates29 March 2017 Big China Banks Cut Bad-Loan Ratios as Profits Rise31 March 2017 BOC Asset Quality Sees Big Challenge in 2017: Chief Risk Officer31 March 2017 Bank of China’s 2016 Profit Falls as Bad-Loan Charges Surge31 March 2017 BOC Profit Beats Forecast as Non-Interest Revenue Soars



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Company Statistics

Currency GBP


52-week high 244.40

52-week low 121.10

PE Ratio 23.91











$121.10 $244.40LOW HIGH

52-Week Range

Barclays PLC BARC.LData as of 31/3/2017 closingCompany DescriptionBarclays PLC (Barclays) is a global financial services holding company. The Company operates via five business segments: Personal and Corporate Banking (PCB), Barclaycard, Africa Banking, Investment Bank and Head Office. Barclays Bank PLC is a wholly-owned subsidiary of Barclays. The Personal Corporate Banking (PCB) division is comprised of personal banking, mortgages, wealth & investment management, and corporate banking.

Market News



1 March 2017 Barclays Completes Spanish Life Savings Unit Sale to CaixaBank9 March 2017 Barclays Releases GBP13.6m in Shares for 10 Executives20 March 2017 Barclays Risk Chief Venkatakrishnan Sells Almost GBP1m of Shares

9 March 2017 BP’s Push Into Mexico Will Develop 1,500 Gas Stations in 5 Years10 March 2017 BP Shares Surge in London on Report of Exxon Bid Speculation10 March 2017 Exxon Mobil Declines Comment on ‘Market Rumors’ on BP

Company Statistics

Currency GBp


52-week high 521.20

52-week low 335.08

PE Ratio 1200.26








YTD Performance -10.21%



$335.08 $521.20LOW HIGH

52-Week Range

BP PLC BP.LData as of 31/3/2017 closingCompany DescriptionBP PLC. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing.

Market News




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Company Statistics

Currency HKD


52-week high 6.55

52-week low 4.50

PE Ratio 6.14











$6.25

$4.50 $6.55LOW HIGH

52-Week Range

China Construction Bank Corp 0939.HKData as of 31/3/2017 closingCompany DescriptionChina Construction Bank Corporation is a commercial bank. The Bank operates its businesses through corporate banking business, including corporate deposit, corporate credit loan, asset custody, enterprise annuity, trade financing, international settlement, international financing and value-added services, among others, and personal banking business, including personal deposit, loan, bank card services, private bank services, foreign exchange trading and gold trading services, among others.

Market News



26 March 2017 Big Chinese Banks Will Be Biggest Winners on Rising Market Rates29 March 2017 Big China Banks Cut Bad-Loan Ratios as Profits Rise29 March 2017 China Construction Bank, Alibaba to Boost Financial Cooperation29 March 2017 China Construction Bank Earnings Top Estimates as Expenses Fall

Company Statistics

Currency HKD


52-week high 59.75

52-week low 44.05

PE Ratio 10.46











$44.05 $59.75LOW HIGH

52-Week Range

Cheung Kong Property Holdings Ltd 1113.HKData as of 31/3/2017 closingCompany DescriptionCheung Kong Property Holdings Limited is principally engaged in the property development and property investment businesses. The Company is also engaged in the hotel and serviced suite operation business, as well as the property and project management business. The Company has interests in three listed real estate investment trusts (REIT), including the Hui Xian REIT, Fortune REIT and Prosperity REIT.

Market News



22 March 2017 CK Hutchison, CK Property Shares Rise After Earnings, Dividends22 March 2017 Li Ka-Shing Signals Hong Kong Property Rebound Could Last Years

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6

Sep

-16

Oct

-16

No

v-16

De

c-16

Jan

-17

Feb

-17

Mar

-17

$49.00

$50

$51

$52

$53

$54

$55

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar

$0.00$1.00$2.00$3.00$4.00$5.00$6.00$7.00$8.00$9.00

Feb

-14

Ap

r-14

Jun

-14

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Ju

n-1

5

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

-17

$5.80

$6.00

$6.20

$6.40

$6.60

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar





Source: Bloomberg and Thomson ReutersSource: Bloomberg and Thomson Reuters

5 March 2017 China Sets Targets for Cutting Coal, Steel Capacity for 20177 March 2017 China to Avoid Coal Mine Limits If Prices Stay ‘Reasonable’19 March 2017 Shenhua Profit Rises 1st Time in 4 Years on Coal Price Surge19 March 2017 Shenhua Rises 15% in Hong Kong After Profit, Special Dividend20 March 2017 Shenhua to Maintain 40% Dividend Payout Going Forward: Ling27 March 2017 China Shenhua Chairman Zhang Resigns; Ling Takes on Duties


Company Statistics

Currency HKD


52-week high 19.78

52-week low 11.40

PE Ratio 13.07











$11.40 $17.70LOW HIGH

52-Week Range

China Shenhua Energy Co Ltd 1088.HKData as of 31/3/2017 closingCompany DescriptionChina Shenhua Energy Company Limited is an integrated energy company. The Company operates its businesses through coal division, which involves the production of coal and operation of coal mines such as Shendong, Zhunge’er, Shengli, Baorixile and Baotou mines, which provide long frame coal, lignite and non-caking coal, among others; the power generation division, which is mainly engaged in thermal power generation; the railway transportation division, which involves transportation of coal products to ports and foreign markets through railway lines including Shuohuang, Shenshuo, Dazhun, Baoshen and Huangwan Rail Lines; the port transportation division, which involves the operation of Huanghua Port and Tianjin Coal Dock, providing coal transportation services, as well as the shipping business, among others.

Market News



Market News

Company Statistics

Currency HKD


52-week high 27.85

52-week low 20.15

PE Ratio 6.13









1-Year Performance -9.57%


$20.15 $27.85LOW HIGH

52-Week Range



China Overseas Land & Investment Ltd 0688.HKData as of 31/3/2017 closingCompany DescriptionChina Overseas Land & Investment Ltd. is an investment holding company. It, along with its subsidiaries, is engaged in property development and investment, real estate agency and management, and treasury operations. It operates in three segments: property development, which includes proceeds from the sale of properties; property investment, which includes property rentals, and other operations, which includes revenue from real estate agency and management services, construction and building design consultancy services.

22 March 2017 China Overseas Land Sets 2017 Sales Target Unchanged at HK$210b22 March 2017 China Overseas Land Profit Gains as Property Values Surge27 March 2017 Chinese Property Developers Slump Amid Concern Curbs to Deepen

$0.00

$5.00

$10.00

$15.00

$20.00

$25.00

$30.00

$35.00

Feb

-14

Ap

r-14

Ju

n-1

4

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Jun

-15

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

-17

$20.00

$21.00

$22.00

$23.00

$24.00

$25.00

$26.00

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar

$0.00

$5.00

$10.00

$15.00

$20.00

$25.00

$30.00

Feb

-14

Ap

r-14

Ju

n-1

4

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Jun

-15

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

-17

$0.00

$5.00

$10.00

$15.00

$20.00

$25.00

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar






Company Statistics

Currency HKD


52-week high 10.96

52-week low 7.70

PE Ratio 373.20










$7.70 $10.96LOW HIGH

52-Week Range

China Unicom (Hong Kong) Ltd 0762.HKData as of 31/3/2017 closingCompany DescriptionChina Unicom (Hong Kong) Limited is an investment holding company. The Company is an integrated telecommunications operator. The principal activities of the Company’s subsidiaries are the provision of cellular and fixed-line voice and related services, broadband and other Internet-related services, information communications technology services, and business and data communications services in the People’s Republic of China (PRC).

Market News



4 March 2017 China to Cancel Mobile Rates for Domestic Roaming in 20176 March 2017 China Unicom Expects Tariff Reduction to Affect Revenue, Profit8 March 2017 China Unicom Rises on Renewed Mixed-Ownership Reform Speculation15 March 2017 China Unicom HK FY Net Income Misses Lowest Est.16 March 2017 China Unicom Shares Gain on Capex Guidance, Profit Recovery Sign


Market News

Company Statistics

Currency HKD


52-week high 4.34

52-week low 3.29

PE Ratio 15.55











$3.79

$3.29 $4.34LOW HIGH

52-Week Range



China Telecom Corp Ltd 0728.HKData as of 31/3/2017 closingCompany DescriptionChina Telecom Corporation Limited (China Telecom) is a full service integrated information service operator in the People’s Republic of China. The Company, along with its subsidiaries, is engaged in the provision of basic communication services, including comprehensive wireline telecommunication services, mobile telecommunication services, value-added services, such as Internet access services, integrated information services and other related services within the service area of the Company.

4 March 2017 China to Cancel Mobile Rates for Domestic Roaming in 201721 March 2017 China Telecom FY Net Income Misses Est.21 March 2017 China Telecom ‘Looking Into’ Ownership Reform at Units: Yang

$0.00

$1.00

$2.00

$3.00

$4.00

$5.00

$6.00

$7.00

Feb

-14

Ap

r-14

Jun

-14

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Ju

n-1

5

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

-17

$3.40

$3.50

$3.60

$3.70

$3.80

$3.90

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar

$0.00$2.00$4.00$6.00$8.00

$10.00$12.00$14.00$16.00$18.00

Feb

-14

Ap

r-14

Ju

n-1

4

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Jun

-15

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

-17

$8.50

$9.00

$9.50

$10.00

$10.50

$11.00

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar



Stock/ Index FactsheetSource: Bloomberg and Thomson Reuters


Market News

Company Statistics

Currency HKD


52-week high 213.20

52-week low 175.00

PE Ratio 41.17











$175.00 $213.20LOW HIGH

52-Week Range



Hong Kong Exchanges and Clearing Ltd 0388.HKData as of 31/3/2017 closingCompany DescriptionHong Kong Exchanges and Clearing Limited (HKEx) is the exchange controller under the Securities and Futures Ordinance (SFO). It owns and operates the only stock exchange and a futures exchange in Hong Kong and their related clearing houses, namely Hong Kong Securities Clearing Company Limited (HKSCC), HKFE Clearing Corporation Limited (HKCC), The SEHK Options Clearing House Limited (SEOCH) and OTC Clearing Hong Kong Limited.

5 March 2017 HKEX Hopes for Trading, Fee Boost From China Bond Connect Link15 March 2017 HKEX Rises After Li Signals Wider Onshore Bond Access This Year

Company Statistics

Currency HKD


52-week high 10.08

52-week low 5.41

PE Ratio 7.19











$8.85

$5.41 $10.08LOW HIGH

52-Week Range

Market News

Great Wall Motor Co Ltd 2333.HKData as of 31/3/2017 closingCompany DescriptionGreat Wall Motor Company Limited is a China-based company engaged in the manufacturing and distribution of complete automobiles, as well as automobile parts and components. The Company’s main products consist of pickup trucks, sports utility vehicles (SUVs), and cars. The Company is also engaged in the manufacturing and distribution of main components of pickup trucks, SUVs and cars under the brand name of Great Wall.



16 March 2017 China Auto Stocks Fall as Deeper Discounts May Weigh on Earnings17 March 2017 Great Wall Motor Put Volume Surges as China Auto Stocks Drop

$0.00

$5.00

$10.00

$15.00

$20.00

$25.00

Jan

-14

Mar

-14

Ma

y-14

Jul-

14

Sep

-14

No

v-14

Jan

-15

Ma

r-15

Ma

y-15

Jul-

15

Sep

-15

No

v-15

Jan

-16

Mar

-16

Ma

y-16

Jul-

16

Sep

-16

No

v-16

Jan

-17

Ma

r-17

$8.00

$8.50

$9.00

$9.50

$10.00

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar

$0.00

$50.00

$100

$150

$200

$250

$300

$350

Feb

-14

Ap

r-14

Ju

n-1

4

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Jun

-15

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

-17

$180

$185

$190

$195

$200

$205

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar







Market News

Company Statistics

Currency HKD


52-week high 6.58

52-week low 4.49

PE Ratio 12.22











$5.12

$4.49 $6.58LOW HIGH

52-Week Range



1 March 2017 Lenovo Sells Another Property Asset as Smartphone Sales Tank1 March 2017 Lenovo Sees HK$1.7b Pretax Gain from Property Sale to Sunac7 March 2017 Lenovo’s Smartphone Losses Makes Its Dollar Bonds a Tougher Sale23 March 2017 Fujitsu, Lenovo to Delay PC Business Merger, NHK Says

Lenovo Group Ltd 0992.HKData as of 31/3/2017 closingCompany DescriptionLenovo Group Limited is an investment holding company. It is a personal technology company serving customers in more than 160 countries. The Company is a personal computer (PC) vendor. The Company develops, manufactures and markets personal technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile Internet devices, including tablets and smart phones.

Market News

Industrial and Commercial Bank of China Ltd 1398.HKData as of 31/3/2017 closingCompany DescriptionIndustrial and Commercial Bank Of China Limited is involved in the provision of banking and related financial services. The Bank mainly operates in corporate banking, personal banking and treasury businesses. Its corporate banking business provides loan, trade financing, deposit, corporate finance, custody and other related financial products and services to enterprises, government agencies and financial institutions.



Company Statistics

Currency HKD


52-week high 5.27

52-week low 3.82

PE Ratio 6.01











$5.08

$3.82 $5.27LOW HIGH

52-Week Range

17 March 2017 Cohn Offers Plan to Sell China Bank Stake to Avoid Conflict26 March 2017 Big Chinese Banks Will Be Biggest Winners on Rising Market Rates29 March 2017 Big China Banks Cut Bad-Loan Ratios as Profits Rise30 March 2017 ICBC 2016 Net Income 278.2b Yuan; Est. 275.3b Yuan30 March 2017 ICBC’s Asset Quality Will Be Better in 2017, Chairman Says

$0.00$1.00$2.00$3.00$4.00$5.00$6.00$7.00$8.00

Feb

-14

Ap

r-14

Jun

-14

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Ju

n-1

5

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

-17

$4.70

$4.80

$4.90

$5.00

$5.10

$5.20

$5.30

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar

$0.00$2.00$4.00$6.00$8.00

$10.00$12.00$14.00$16.00

Feb

-14

Ap

r-14

Ju

n-1

4

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Jun

-15

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

-17

$4.40

$4.60

$4.80

$5.00

$5.20

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar




13STRUCTURED INVESTMENT UPDATEContentsSource: Bloomberg and Thomson Reuters

Market News

Company Statistics

Currency HKD


52-week high 14.80

52-week low 11.32

PE Ratio 8.80








YTD Performance -0.83%



$11.32 $14.80LOW HIGH

52-Week Range



PICC Property and Casualty Co Ltd 2328.HKData as of 31/3/2017 closingCompany DescriptionPICC Property and Casualty Company Limited is principally engaged in the provision of property and casualty insurance products. The Company operates its business through eight segments. The Motor Vehicle segment is engaged in the provision of insurance products covering motor vehicles. The Commercial Property segment is engaged in the provision of insurance products covering commercial properties.

21 March 2017 China Auto Insurance Premiums Growth May Cool on Price Reform

Market News

Lloyds Banking Group PLCLLOY.LData as of 31/3/2017 closingCompany DescriptionLloyds Banking Group PLC provides financial services to individual and business customers in the United Kingdom but also overseas. The Company’s business activities include retail and commercial banking, long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance.



Company Statistics

Currency GBP


52-week high 74.00

52-week low 47.10

PE Ratio 19.48











$47.10 $74.00LOW HIGH

52-Week Range

10 March 2017 Lloyds Takes Further $426 Million Provision for U.K. PPI Claims15 March 2017 Lloyds Says U.K. Government Stake in Bank Falls Below 3%

$0.00

$20.00

$40.00

$60.00

$80.00

$100

Ma

r-14

Ma

y-14

Jul-

14

Sep

-14

No

v-14

Jan

-15

Ma

r-15

Ma

y-15

Jul-

15

Sep

-15

No

v-15

Jan

-16

Mar

-16

Ma

y-16

Jul-

16

Sep

-16

No

v-16

Jan

-17

Mar

-17

$64

$65

$66

$67

$68

$69

$70

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar

$0.00

$5.00

$10.00

$15.00

$20.00

$25.00

Feb

-14

Ap

r-14

Ju

n-1

4

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Jun

-15

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

-17

$11.40$11.60$11.80$12.00$12.20$12.40$12.60$12.80$13.00

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar






Swire Pacific Ltd 0019.HKData as of 31/3/2017 closingCompany DescriptionSwire Pacific Limited is a holding company. The Company operates in five divisions: Property, which consists of office and retail premises in prime locations, hotel interests, serviced apartments and other luxury residential accommodations; Aviation, which consists of investments in the Cathay Pacific group and the Hong Kong Aircraft Engineering (HAECO) group; Beverages, which has the right to manufacture, market and distribute the products of The Coca-Cola Company in Hong Kong, Taiwan, seven provinces in Mainland China and an area of the western United States; Marine Services, which operates a fleet of specialist vessels supporting the offshore energy industry in every major offshore production and exploration region outside North America, and Trading & Industrial, which includes the sales of multiple brands, such as sports apparel, paint and sugar, among others.


Company Statistics

Currency HKD


52-week high 94.40

52-week low 72.20

PE Ratio 7.39











$72.20 $94.40LOW HIGH

52-Week Range

Market News16 March 2017 Swire Pacific FY Underlying Profit Misses Lowest Est.


Market News

Ping An Insurance (Group) Co of China, Ltd2318.HKData as of 31/3/2017 closingCompany DescriptionPing An Insurance (Group) Company of China, Ltd. is a company principally engaged in the insurance business. The Company operates its businesses through life insurance, including individual and group life insurance, health insurance and bank insurance, as well as property and casualty insurance, including motor vehicle insurance, non motor vehicle insurance, and casualty and health insurance.



Company Statistics

Currency HKD


52-week high 44.95

52-week low 32.50

PE Ratio 11.10











$32.50 $44.95LOW HIGH

52-Week Range

15 March 2017 Ping An Insurance to Acquire About 60% Stake in Ascot Corp.22 March 2017 Ping An Insurance 2016 Net Income 62.4b Yuan; Est. 62.6b Yuan22 March 2017 Ping An Full-Year Profit Rises 15% as Insurance Premiums Surge26 March 2017 Ping An Targets Japan in Bid to Diversify Outside of China

$0.00

$10.00

$20.00

$30.00

$40.00

$50.00

$60.00

$70.00

Feb

-14

Ap

r-14

Ju

n-1

4

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Ju

n-1

5

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

-17

$39.00

$40.00

$41.00

$42.00

$43.00

$44.00

$45.00

31-M

ar

30-M

ar

29-M

ar

28-M

ar

27-M

ar

24-M

ar

23-M

ar

22-M

ar

21-M

ar

20-M

ar

17-M

ar

16-M

ar

15-M

ar

14-M

ar

13-M

ar

10-M

ar

09-M

ar

08-M

ar

07-M

ar

06-M

ar

03-M

ar

$0.00

$20.00

$40.00

$60.00

$80.00

$100

$120

Feb

-14

Ap

r-14

Ju

n-1

4

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Jun

-15

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

-17

$75

$76

$77

$78

$79

$80

$81

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Market News

Want Want China Holdings Ltd 0151.HKData as of 31/3/2017 closingCompany DescriptionWant Want China Holdings Limited is an investment holding company. The principal activities of the Company and its subsidiaries are the manufacturing, distribution and sale of rice crackers, dairy products and beverages, snack foods and other products. It has four segments. Its segments include rice crackers, including sugar coated crackers, savoury crackers and fried crackers; dairy products and beverages, including flavored milk, yogurt drinks, ready-to-drink coffee, juice drinks, herbal tea and milk powder; snack foods, including candies, popsicles and jellies, ball cakes and beans and nuts, and other products, mainly including wine and other food products.


Company Statistics

Currency HKD


52-week high 6.76

52-week low 4.56

PE Ratio 17.36











$5.38

$4.56 $6.76LOW HIGH

52-Week Range

-


Market News

Vodafone Group PLCVOD.LData as of 31/3/2017 closingCompany DescriptionVodafone Group PLC (Vodafone) is a mobile communications company which provides voice, messaging, data and fixed line services. The Company’s money transfer service, M-Pesa, enables people in emerging markets to send and receive money through their mobile phones. The Company also deals in products and services like international money transfers, savings and loans, salary disbursements, and access to insurance products in different markets.


Company Statistics

Currency GBP


52-week high 240.10

52-week low 186.50

PE Ratio -











$186.50 $240.10LOW HIGH

52-Week Range

1 March 2017 Vodafone Kenya Unit Faces Proposals for Split in Dominance Study15 March 2017 Vodafone Said Nearing Agreement to Merge Indian Unit With Idea19 March 2017 Idea Cellular Approves Merging Vodafone India with Itself


$0.00

$50.00

$100

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Ma

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Jul-

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Sep

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No

v-14

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-15

Ma

r-15

Ma

y-15

Jul-

15

Sep

-15

No

v-15

Jan

-16

Mar

-16

Ma

y-16

Jul-

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Sep

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No

v-16

Jan

-17

Mar

-17

$195

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$215

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$0.00

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$6.00

$8.00

$10.00

$12.00

$14.00

Feb

-14

Ap

r-14

Ju

n-1

4

Au

g-1

4

Oct

-14

De

c-14

Feb

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Ap

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Jun

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g-1

5

Oct

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De

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Feb

-16

Ap

r-16

Ju

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6

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g-1

6

Oct

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Feb

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$4.80$4.90$5.00$5.10$5.20$5.30$5.40$5.50

31-M

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Market News

Hang Seng China Enterprises Index .HSCEData as of 31/3/2017 closingCompany Description The Hang Seng China Enterprises Index is a freefloat-adjusted market capitalization-weighted stock market index in Hong Kong comprised with H shares. This index (“H- shares Index”) was launched one year after the first H-share company was listed on the Stock Exchange of Hong Kong. It tracks the performance of mainland China enterprises with H-share listings in Hong Kong.



Company Statistics

Currency HKD

Closing Price as of 31/3/2017 10,273.67

52-week high 10,698.28

52-week low 8,175.96

PE Ratio 9.48




50-day Moving Average 10,200.29






52-Week Range

4 March 2017 China Keeps 2017 Budget Deficit at 3% of GDP7 March 2017 China End-Feb. FOREX Reserves at $3.0051T; Est. $2.9690T8 March 2017 China Feb. Consumer Prices Rise 0.8% Y/Y; Est. 1.7%13 March 2017 China Jan.-Feb. Fixed Investment Rises 8.9% Y/Y; Est. 8.3%15 March 2017 PBOC Raises Interest Rates in Open-Market Operations30 March 2017 China March Manufacturing PMI at 51.8; Est. 51.7


$10,273.67

$8,175.96 $10,698.28LOW HIGH

Market News

FTSE 100 Index .FTSEData as of 31/3/2017 closingCompany DescriptionThe FTSE 100 is a market-capitalisation weighted index of UK-listed blue chip companies. The index is part of the FTSE UK Series and is designed to measure the performance of the 100 largest companies traded on the London Stock Exchange that pass screening for size and liquidity. FTSE 100 constituents are all traded on the London Stock Exchange’s SETS trading system.


Company Statistics

Currency GBP


52-week high 7,447.00

52-week low 5,788.74

PE Ratio 25.15










Closing Price as of 31/3/2017$7,322.92

$5,788.74 $7,447.00LOW HIGH

52-Week Range


8 March 2017 U.K. Raises 2017 Economic Growth Forecost to 2% Vs 1.4%8 March 2017 U.K. Cuts GBP23.5b from Planned Borrowing Over Next Five Yrs20 March 2017 U.K. to Trigger BREXIT on March 29, May’s Spokesman Says22 March 2017 London Police: Four People Have Died in London Terror Attack

$0.00$1,000$2,000$3,000$4,000$5,000$6,000$7,000$8,000

Ma

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Sep

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v-14

Jan

-15

Ma

r-15

Ma

y-15

Jul-

15

Sep

-15

No

v-15

Jan

-16

Mar

-16

Ma

y-16

Jul-

16

Sep

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v-16

Jan

-17

Mar

-17

$7,200

$7,250

$7,300

$7,350

$7,400

$7,450

31-M

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$0.00$2,000$4,000$6,000$8,000

$10,000$12,000$14,000$16,000

Feb

-14

Ap

r-14

Jun

-14

Au

g-1

4

Oct

-14

De

c-14

Feb

-15

Ap

r-15

Ju

n-1

5

Au

g-1

5

Oct

-15

De

c-15

Feb

-16

Ap

r-16

Ju

n-1

6

Au

g-1

6

Oct

-16

De

c-16

Feb

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$9,600

$9,800

$10,000

$10,200

$10,400

$10,600

$10,800

31-M

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Market News

STOXX EURO 50 EUR Price Index .STOXX50Data as of 31/3/2017 closingCompany DescriptionThe EURO STOXX 50 is a stock index of Eurozone stocks designed by STOXX, an index provider owned by Deutsche Börse Group and SIX Group. According to STOXX, its goal is “to provide a blue-chip representation of Supersector leaders in the Eurozone”. It is made up of fifty of the largest and most liquid stocks. The index futures and options on the EURO STOXX 50, traded on Eurex, are among the most liquid of products in Europe and the world.



Company Statistics

Currency EUR


52-week high 3,174.79

52-week low 2,626.52

PE Ratio 22.33











$2,626.52 $3,174.79LOW HIGH

52-Week Range

2 March 2017 EURO-Area Feb. Inflation Acclerates to 2%, Matching Estimate9 March 2017 ECB Leaves Deposit Facility Rate Unchanged at -0.4%9 March 2017 ECB Says Asset Purchases Will Be EU60B a Month from Apr to Dec10 March 2017 ECB Said to Have Discussed Whether Rates Can Rise Before QE End27 March 2017 IFO March German Business Confidence Index at 112.3; Est. 111.1

Market News

S&P 500 Index .SPXData as of 31/3/2017 closingCompany DescriptionThe S&P 500 is a market value weighted index - each stock’s weight is proportionate to its market value. An index of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. The S&P 500 is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/ return characteristics of the large cap universe.



Company Statistics

Currency USD


52-week high 2,400.98

52-week low 1,991.68

PE Ratio 21.40











$1,991.68 $2,400.98LOW HIGH

52-Week Range

1 March 2017 U.S. January Consumer Spending Rises 0.2%, Incomes Gain 0.4%1 March 2017 U.S. February ISM Manufacturing Index at 57.7; Est. 56.214 March 2017 U.S. Feb. Producer Prices Rise 0.3% M/M; Est. 0.1% Rise23 March 2017 House Delays Vote on Healthcare Bill Amid Doubts It Can Pass28 March 2017 U.S. March Consumer Confidence Rises to 125.6 Vs 116.130 March 2017 U.S. Economy Grew at 2.1% Pace in 4Q, Revised From 1.9%

$0.00

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Ma

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Ma

y-14

Jul-

14

Sep

-14

No

v-14

Jan

-15

Mar

-15

Ma

y-15

Jul-

15

Sep

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No

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Jan

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Ma

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$2,310$2,320$2,330$2,340$2,350$2,360$2,370$2,380$2,390

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$0.00$500

$1,000$1,500$2,000$2,500$3,000$3,500$4,000

Ma

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Sep

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$3,040$3,060$3,080$3,100$3,120$3,140$3,160$3,180

31-M

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Market News

VanEck Vectors Gold Miners ETF GDX.PData as of 31/3/2017 closingCompany DescriptionThe Fund seeks to match as closely as possible the price and yield performance of the AMEX Gold Miners Index. The Fund, utilizing a “passive” or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of stocks that generally replicate the Index.



Company Statistics

Currency USD


52-week high 31.79

52-week low 18.66

PE Ratio -











$18.66LOW

$31.79HIGH

52-Week Range

1 March 2017 Gold Miners Running to Stand Still After Cuts, Franco CEO Says15 March 2017 Gold Miners Rise as Metal Jumps After FOMC Rate Decision28 March 2017 Goldcorp, Barrick to Consolidate Chilean Project in 50/50 JV28 March 2017 Gold Miners Sell Off as Spot Price Falls on U.S. Dollar Rally30 March 2017 Australia’s Top Gold Miner Looks Global in Hunt for New Mines

$0.00

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$25.00

$30.00

$35.00

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Thomson Reuters Definition

Last Price Instrument’s most recent updated price quoted in the snapshot. If the security does not have trade on the day, the previous day close or the last available close price (whichever is latest) will be populated as the LAST price.

PE Ratio Ratio of stock price to earnings per share. The ratio is calculated by dividing Basic Earnings Per Share Excluding Extraordinary Items for the fiscal year by the Last Price and expressed as percentage. Basic EPS Excluding Extraordinary Items represents Income Available to Common Excluding Extraordinary Items divided by Basic Weighted Average Shares.

5-year Average PE Ratio This value represents the average Fiscal Year End Price Close for the 5 fiscal years divided by the average of Diluted EPS excluding Extraordinary Items for the same period. If Diluted EPS Excluding Extraordinary Items are not available, use Basic EPS Excluding Extraordinary Items.

Dividend Yield (12 Months) This value is the current percentage dividend yield calculated as the Dividend paid per share to the primary common shareholders for the latest 12 months divided by the current close price, multiplied by 100.

Market Capitalization Total market value of a company which is calculated by multiplying the current price by the current number of shares outstanding. The current number of shares outstanding refers to the number of all issued shares from all exchanges.

50-day Moving Average Simple average on daily closing price over 50 days.



YTD Performance The percentage change between the closing price of the latest completed tradable day and the closing price for the last tradable.

1 Year Performance The percentage change between the closing price of the latest completed tradable day and the closing price for 1 Year (365 calendar days) of the prior year.

Principal Risk

This investment is not principal protected. It is possible that the redemption proceeds at maturity (in cash or in physical shares) are lower than the principal amount invested if the Final Price level falls below 100% of its Initial Price Level on the Final Valuation Date.

In the worst case scenario, there is a possibility that the Investor will not receive any of the principal invested at maturity if Final Price Level falls to zero on the Final Valuation Date.

Redemption proceeds may also be lower than Principal Amount invested if the Investment is terminated early by the Bank (for reasons other than the occurrence of the Early Redemption Event) or is redeemed by the Investor prior to maturity.

Other Major Risks

• CreditRisk• LegalRisk• LiquidityRisk• MarketRisk• ReturnRisk• OperationalRisk• EarlyRedemptionbyInvestorRisk• EarlyTermination/RedemptionbyBankRisk• OptionRisk• TaxRisk• InflationRisk

• CounterpartyRisk• SettlementRisk• MarketDisruptionRisk• Adjustment/SubstitutionRisk• Re-investmentRisk• InterestRateRisk• ForceMajeureEventRisk• CompoundofRisks• InterbankRatesRisk• ShariahNon-ComplianceRisk



WARNING: THE CONTENTS OF THIS DOCUMENT HAVE NOT BEEN REVIEWED BY ANY REGULATORY AUTHORITY IN MALAYSIA OR ANY OTHER JURISDICTION. YOU ARE ADVISED TO EXERCISE CAUTION IN RELATION TO THE INVESTMENT AND THIS DOCUMENT. IF YOU ARE IN DOUBT ABOUT ANY OF THE CONTENTS OF THIS DOCUMENT, YOU SHOULD OBTAIN INDEPENDENT PROFESSIONAL ADVICE.

This document has been issued by HSBC Bank Malaysia Berhad (Company No. 127776-V)/ HSBC Amanah Malaysia Berhad (Company No. 807705-X) (the “Bank”) in the conduct of its regulated business in Malaysia and may be distributed in other jurisdictions where its distribution is lawful. It is not intended for anyone other than the recipient. The contents of this document may not be reproduced or further distributed to any person or entity, whether in whole or in part, for any purpose. This document must not be distributed to the United States, Canada or Australia or to any other jurisdiction where its distribution is unlawful. All non-authorised reproduction or use of this document will be the responsibility of the user and may lead to legal proceedings.

This document has no contractual value and is not and should not be construed as an offer or the solicitation of an offer or a recommendation for the purchase or sale of any investment [in any jurisdiction in which such an offer is not lawful] or subscribe for, or to participate in, any services. The Bank is not recommending or soliciting any action based on it.

The information stated in this document are obtained from public sources. We do not undertake any obligation to issue any further publications to you or update the contents of this document and such contents are subject to change at any time without notice. They are expressed solely as general market information for general information purposes only and do not constitute investment advice or recommendations to buy or sell investments or guarantee of returns. The Bank makes no guarantee, representation or warranty and accepts no responsibility for the accuracy and/or completeness of the information and/or opinions contained in this document, including any third party information obtained from sources it believes to be reliable but which has not been independently verified. In no event will the Bank or HSBC Group be liable for any damages, losses or liabilities including without limitation, direct or indirect, special, incidental, consequential damages, losses or liabilities, in connection with your use of this document or your reliance on or use or inability to use the information contained in this document.

The information contained within this document has not been reviewed in the light of your personal circumstances. Please note that this information is neither intended to aid in decision making for legal, financial or other consulting questions, nor should it be the basis of any investment or other decisions. You should carefully consider whether any investment views and investment products are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances. The investment decision is yours but you should not invest in any product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives. The relevant product offering documents should be read for further details.

Some of the statements contained in this document may be considered forward-looking statements which provide current expectations or forecasts of future events. Such forward looking statements are not guarantees of future performance or events and involve risks and uncertainties. Such statements do not represent any one investment and are used for illustration purposes only. Customers are reminded that there can be no assurance that economic conditions described herein will remain in the future. Actual results may differ materially from those described in such forward-looking statements as a result of various factors. We can give no assurance that those expectations reflected in those forward-looking statements will prove to have been correct or come to fruition, and you are cautioned not to place undue reliance on such statements. We do not undertake any obligation to update the forward-looking statements contained herein, whether as a result of new information, future events or otherwise, or to update the reasons why actual results could differ from those projected in the forward-looking statements.

Investment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become valueless and investors may not get back the amount originally invested. Past performance contained in this document is not a reliable indicator of future performance whilst any forecasts, projections and simulations contained herein should not be relied upon as an indication of future results. Past performance information may be out of date. For up-to-date information, please contact your Relationship Manager or visit the branch of your account.

Investment in any market may be extremely volatile and subject to sudden fluctuations of varying magnitude due to a wide range of direct and indirect influences. Such characteristics can lead to considerable losses being incurred by those exposed to such markets. If an investment is withdrawn or terminated early, it may not return the full amount invested. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavourable fluctuations in currency values, from differences in generally accepted accounting principles or from economic or political instability in certain jurisdictions. Narrowly focused investments and smaller companies typically exhibit higher volatility. There is no guarantee of positive trading performance. Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in some established markets. Economies in emerging markets generally are heavily dependent upon international trade and, accordingly, have been and may continue to be affected adversely by trade barriers, exchange controls, managed adjustments in relative currency values and other protectionist measures imposed or negotiated by the countries with which they trade. These economies also have been and may continue to be affected adversely by economic conditions in the countries in which they trade.

Copyright © HSBC Bank Malaysia Berhad/ HSBC Amanah Malaysia Berhad 2015. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of HSBC Bank Malaysia Berhad/ HSBC Amanah Malaysia Berhad. HSBC Amanah Malaysia Berhad only promotes and provides Shariah-Compliant products and services.

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