product name
the third issue of "huideying" QUANTO product in p>27
-structural product of financial industry
product number
2743324141
product nature
RMB guaranteed floating income wealth management product
product description
.
investment term: 2 years
value date: April 3, 27
maturity date: April 3, 29 (postponed by holidays in Beijing, Hongkong and new york)
final payment date: within 1 working days after the maturity date
principal currency: RMB
product income: see product income description for details <
Additional functions: pledge and deposit certificate can be issued according to the relevant regulations of CCB
Tax: the tax of this wealth management product is paid by the investors themselves during the trading period, and CCB is not responsible for withholding and remitting the personal income tax of this product
Description of product income
Step 1: Observe the performance of each share at the end of each month (compared with the initial share price);
count the difference between the best performance and the worst performance as the relative performance of the basket;
relative performance (t) = basket best (t)-basket worst (t), where t stands for the first to 24th months
initial stock price determination date: April 3, 27
stock price observation date at the end of each month: see the table below for specific dates. In case of a holiday of the Hong Kong Stock Exchange, the observation day
t
t
observation day
1
May 31, 27
13
May 3, 28
2
June 29, 27
14 < 1st
16
August 29th, 28
5
September 28th, 27
September 3th, 28
6
October 31st, 27
18
28.
December 31st, 28
9
January 31st, 28
January 3th, 29
October 29th, 28
22
February 27th, 29
. April 28, 29
Step 2:
If the relative performance (T) of the basket is not higher than 15% all the time,
the product will pay interest according to the dividend distribution plan (1);
dividend plan (1): the following payments are made every six months
in the first half year: 2.5% fixed interest; The second half year: 5% fixed interest;
the third half year: 7.5% fixed interest; The fourth half year: 1% fixed interest
Step 3:
If the relative performance (t) is higher than 15%, the dividend plan (2) will be triggered, and
the product will pay interest according to the dividend plan (2);
dividend plan (2): the minimum payment is
the first half year: 15%-relative performance (6), the second half year: 15%-relative performance (12), the third half year: 15%-relative performance (18), and the fourth half year: 15. Price source: Bloomberg
principal and income payment method: the income is paid every six months, and the income payment date is within 1 working days of the observation day. Repay the investment principal within 1 working days after the maturity date
Early termination right: neither the investor nor CCB has the right to terminate early
Description of linked stocks
1. Industrial and Commercial Bank of China (1398HK)
2. Bank of China (3988HK)
3. China Merchants Bank (3968HK)
4. Bank of Communications. At the request of the Banking Regulatory Commission, the Bank reminds investors of the following risks:
The investment instruments invested or connected by this product may fluctuate due to various factors such as economy, politics, investor psychology and trading system, which may lead to the change of product income level. Mainly include:
1. Market fluctuation risk
The price of investment tools or connected investment tools fluctuates due to economic factors, political factors, investment psychology and other factors, which leads to the change of the price of investment tools invested in this product, thus making investors face the risk of falling returns.
2. Liquidity risk
Investors do not have the right to terminate in advance, and the principal is paid when due.
3. Other risks
The risk that product managers, product sales organizations, etc. cannot work normally due to force majeure such as war and natural disasters, thus affecting the purchase and redemption of products cannot be completed within the normal time limit;
4. It is especially reminded that the marketing materials related to this product and the simulation data such as historical back testing provided by the Bank are for reference only, and have nothing to do with the actual performance of future products. In this product, if there are potential change events (including but not limited to splitting shares, merging shares, issuing bonus shares, replacing interest with shares, special dividends and share repurchase, etc.), merger events, other market-influencing events or merger events of the above events, the value of the linked shares may be concentrated or diluted. In this case, CCB will be based on the principle of good faith and have the right to adjust the relevant stock prices or select suitable substitute stocks according to market trading practices, so as to reasonably reflect the impact of the above events.