Common use of Trading Restrictions Clause in Contracts

Trading Restrictions. 6.1 The Client acknowledges that trading under the China Stock Connect will be subject to a daily maximum cross-boundary investment quota ("Daily Quota"), and certain foreign shareholding restrictions ("Foreign Shareholding Restrictions"). The Client accepts that the Client will not be permitted to buy China Connect Securities if the purchase of China Connect Securities under the China Stock Connect is suspended or otherwise rejected by virtue of any quota or Foreign Shareholding Restrictions as prescribed by the China Connect Rules and the Applicable Regulations from time to time. WLSL and its Associates shall not be liable for the Client’s inability, or delay or restriction in the Client’s ability, to buy any China Connect Securities. 6.2 The Client undertakes to provide WLSL timely and accurate information relating to any restrictions on the sale or transfer of any China Connect Securities held in the Account. In respect of any orders to sell or transfer China Connect Securities, the Client shall upon request provide WLSL with any necessary documents to the satisfaction of WLSL to satisfy any and all legal transfer requirements under the relevant regulations. The Client shall be responsible for and shall reimburse WLSL for any delays, expenses, losses and damages incurred by WLSL that are associated with compliance or failure to comply with any of the relevant regulations concerning such sale or transfer. 6.3 The Client expressly authorises WLSL and its third party service providers or agents to deal with/or apply any of the China Connect Securities and money held in the Account to comply with any obligations as prescribed under the China Connect Rules and any Applicable Regulations from time to time. WLSL reserves the right to and is expressly authorised by the Client to (i) cancel and reverse any purchase or sale Instructions for China Connect Securities; and (ii) to sell or dispose of any China Connect Securities if so required: (a) by any China Connect Authority pursuant to any regulation, which includes but is not limited to the circumstances where the cancellation and reversal or the sale or disposal of China Connect Securities is required to maintain the balance of the Daily Quota, or Foreign Shareholding Restrictions; (b) to comply with any regulation; and/or (c) by the applicable terms of business or agreement or arrangement between WLSL and any third party service providers. The Client shall be solely responsible for all losses, costs and expenses incurred or suffered by reason of, or arising from or in connection with such cancellation, reversal, sale or disposal. The Client acknowledges that it shall observe the relevant regulations including but not limited to the publicly available information regarding balances of the Daily Quota and/or Foreign Shareholding Restrictions as prescribed by the China Connect Rules and the Applicable Regulations from time to time. 6.4 The Client acknowledges and accepts that stock borrowing and lending of China Connect Securities (including SSE Securities and SZSE Securities) is subject to the China Connect Rules and the Applicable Regulations, and shall only be conducted for the following purposes: (a) (in respect of SSE Securities and SZSE Securities) for the purpose of short selling in accordance with the SEHK Stock Connect Rules provided that the stock loan period (inclusive of the date of stock loan and stock return) does not exceed one calendar month; (b) (in respect of SSE Securities and SZSE Securities) for the purpose of enabling the Client to sell SSE Securities and/or SZSE Securities (as the case may be) held by the Client but which have not been transferred to the relevant HKSCC clearing stock account in time to meet the pre-trade checking requirements set out in the SEHK Stock Connect Rules, provided that the stock loan period does not exceed one day and is non-renewable; and (c) (in respect of SSE Securities, SZSE Securities and other China Connect Securities) for such purposes as the SEHK, the SSE or the SZSE (as the case may be) or the relevant China Connect Market may specify from time to time. 6.5 The Client acknowledges and accepts that short selling of any China Connect Securities (including SSE Securities and SZSE Securities) is subject to the China Connect Rules and any other Applicable Regulations and shall only be conducted in respect of China Connect Securities included in the list of eligible China Connect Securities for short selling published by the SEHK from time to time and must not exceed the limit(s) set by the SEHK in respect of the relevant China Connect Securities for each Stock Connect Trading Day and for a rolling period of time specified by the SEHK from time to time.

Trading Restrictions. 6.1 The Client Customer acknowledges that trading under the China Stock Connect will be subject to a daily maximum cross-boundary investment quota ("Daily Quota"), and certain foreign shareholding restrictions ("Foreign Shareholding Restrictions"). The Client Customer accepts that the Client Customer will not be permitted to buy China Connect Securities if the purchase of China Connect Securities under the China Stock Connect is suspended or otherwise rejected by virtue of any quota or Foreign Shareholding Restrictions as prescribed by the China Connect Rules and the Applicable Regulations from time to time. WLSL CMSHK and its Associates shall not be liable for the ClientCustomer’s inability, or delay or restriction in the ClientCustomer’s ability, to buy any China Connect Securities. 6.2 The Client Customer undertakes to provide WLSL CMSHK timely and accurate information relating to any restrictions on the sale or transfer of any China Connect Securities held in the Account. In respect of any orders to sell or transfer China Connect Securities, the Client Customer shall upon request provide WLSL CMSHK with any necessary documents to the satisfaction of WLSL CMSHK to satisfy any and all legal transfer requirements under the relevant regulations. The Client Customer shall be responsible for and shall reimburse WLSL CMSHK for any delays, expenses, losses and damages incurred by WLSL CMSHK that are associated with compliance or failure to comply with any of the relevant regulations concerning such sale or transfer. 6.3 The Client Customer expressly authorises WLSL CMSHK and its third party service providers or agents to deal with/or apply any of the China Connect Securities and money held in the Account to comply with any obligations as prescribed under the China Connect Rules and any Applicable Regulations from time to time. WLSL CMSHK reserves the right to and is expressly authorised by the Client Customer to (i) cancel and reverse any purchase or sale Instructions for China Connect Securities; and (ii) to sell or dispose of any China Connect Securities if so required: (a) by any China Connect Authority pursuant to any regulation, which includes but is not limited to the circumstances where the cancellation and reversal or the sale or disposal of China Connect Securities is required to maintain the balance of the Daily Quota, or Foreign Shareholding Restrictions; (b) to comply with any regulation; and/or (c) by the applicable terms of business or agreement or arrangement between WLSL CMSHK and any third party service providers. The Client Customer shall be solely responsible for all losses, costs and expenses incurred or suffered by reason of, or arising from or in connection with such cancellation, reversal, sale or disposal. The Client Customer acknowledges that it shall observe the relevant regulations including but not limited to the publicly available information regarding balances of the Daily Quota and/or Foreign Shareholding Restrictions as prescribed by the China Connect Rules and the Applicable Regulations from time to time. 6.4 The Client acknowledges and accepts that stock borrowing and lending of China Connect Securities (including SSE Securities and SZSE Securities) is subject to the China Connect Rules and the Applicable Regulations, and shall only be conducted for the following purposes: (a) (in respect of SSE Securities and SZSE Securities) for the purpose of short selling in accordance with the SEHK Stock Connect Rules provided that the stock loan period (inclusive of the date of stock loan and stock return) does not exceed one calendar month; (b) (in respect of SSE Securities and SZSE Securities) for the purpose of enabling the Client to sell SSE Securities and/or SZSE Securities (as the case may be) held by the Client but which have not been transferred to the relevant HKSCC clearing stock account in time to meet the pre-trade checking requirements set out in the SEHK Stock Connect Rules, provided that the stock loan period does not exceed one day and is non-renewable; and (c) (in respect of SSE Securities, SZSE Securities and other China Connect Securities) for such purposes as the SEHK, the SSE or the SZSE (as the case may be) or the relevant China Connect Market may specify from time to time. 6.5 The Client acknowledges and accepts that short selling of any China Connect Securities (including SSE Securities and SZSE Securities) is subject to the China Connect Rules and any other Applicable Regulations and shall only be conducted in respect of China Connect Securities included in the list of eligible China Connect Securities for short selling published by the SEHK from time to time and must not exceed the limit(s) set by the SEHK in respect of the relevant China Connect Securities for each Stock Connect Trading Day and for a rolling period of time specified by the SEHK from time to time.

Trading Restrictions. 6.1 The Client acknowledges that trading under the China Stock Connect will be subject to a daily maximum cross-boundary investment quota ("Daily Quota"), and certain foreign shareholding restrictions ("Foreign Shareholding Restrictions"). The Client accepts that the Client will not be permitted to buy China Connect Securities if the purchase of China Connect Securities under the China Stock Connect is suspended or otherwise rejected by virtue of any quota or Foreign Shareholding Restrictions as prescribed by the China Connect Rules and the Applicable Regulations from time to time. WLSL WLIS and its Associates shall not be liable for the Client’s inability, or delay or restriction in the Client’s ability, to buy any China Connect Securities. 6.2 The Client undertakes to provide WLSL WLIS timely and accurate information relating to any restrictions on the sale or transfer of any China Connect Securities held in the Account. In respect of any orders to sell or transfer China Connect Securities, the Client shall upon request provide WLSL WLIS with any necessary documents to the satisfaction of WLSL WLIS to satisfy any and all legal transfer requirements under the relevant regulations. The Client shall be responsible for and shall reimburse WLSL WLIS for any delays, expenses, losses and damages incurred by WLSL WLIS that are associated with compliance or failure to comply with any of the relevant regulations concerning such sale or transfer. 6.3 The Client expressly authorises WLSL WLIS and its third party service providers or agents to deal with/or apply any of the China Connect Securities and money held in the Account to comply with any obligations as prescribed under the China Connect Rules and any Applicable Regulations from time to time. WLSL WLIS reserves the right to and is expressly authorised by the Client to (i) cancel and reverse any purchase or sale Instructions for China Connect Securities; and (ii) to sell or dispose of any China Connect Securities if so required: (a) by any China Connect Authority pursuant to any regulation, which includes but is not limited to the circumstances where the cancellation and reversal or the sale or disposal of China Connect Securities is required to maintain the balance of the Daily Quota, or Foreign Shareholding Restrictions; (b) to comply with any regulation; and/or (c) by the applicable terms of business or agreement or arrangement between WLSL WLIS and any third party service providers. The Client shall be solely responsible for all losses, costs and expenses incurred or suffered by reason of, or arising from or in connection with such cancellation, reversal, sale or disposal. The Client acknowledges that it shall observe the relevant regulations including but not limited to the publicly available information regarding balances of the Daily Quota and/or Foreign Shareholding Restrictions as prescribed by the China Connect Rules and the Applicable Regulations from time to time. 6.4 The Client acknowledges and accepts that stock borrowing and lending of China Connect Securities (including SSE Securities and SZSE Securities) is subject to the China Connect Rules and the Applicable Regulations, and shall only be conducted for the following purposes: (a) (in respect of SSE Securities and SZSE Securities) for the purpose of short selling in accordance with the SEHK Stock Connect Rules provided that the stock loan period (inclusive of the date of stock loan and stock return) does not exceed one calendar month; (b) (in respect of SSE Securities and SZSE Securities) for the purpose of enabling the Client to sell SSE Securities and/or SZSE Securities (as the case may be) held by the Client but which have not been transferred to the relevant HKSCC clearing stock account in time to meet the pre-trade checking requirements set out in the SEHK Stock Connect Rules, provided that the stock loan period does not exceed one day and is non-renewable; and (c) (in respect of SSE Securities, SZSE Securities and other China Connect Securities) for such purposes as the SEHK, the SSE or the SZSE (as the case may be) or the relevant China Connect Market may specify from time to time. 6.5 The Client acknowledges and accepts that short selling of any China Connect Securities (including SSE Securities and SZSE Securities) is subject to the China Connect Rules and any other Applicable Regulations and shall only be conducted in respect of China Connect Securities included in the list of eligible China Connect Securities for short selling published by the SEHK from time to time and must not exceed the limit(s) set by the SEHK in respect of the relevant China Connect Securities for each Stock Connect Trading Day and for a rolling period of time specified by the SEHK from time to time.

Trading Restrictions. 6.1 5.1 The Client Customer acknowledges that trading under the China Stock Connect will be subject to a daily maximum cross-boundary investment quota ("Daily Quota"), and certain foreign shareholding restrictions ("Foreign Shareholding Restrictions"). The Client Customer accepts that the Client Customer will not be permitted to buy China Connect Securities if the purchase of China Connect Securities under the China Stock Connect is suspended or otherwise rejected by virtue of any quota or Foreign Shareholding Restrictions as prescribed by the China Connect Rules and the Applicable Regulations from time to time. WLSL CMSHK and its Associates shall not be liable for the ClientCustomer’s inability, or delay or restriction in the ClientCustomer’s ability, to buy any China Connect Securities. 6.2 5.2 The Client Customer undertakes to provide WLSL CMSHK timely and accurate information relating to any restrictions on the sale or transfer of any China Connect Securities held in the Account. In respect of any orders to sell or transfer China Connect Securities, the Client Customer shall upon request provide WLSL CMSHK with any necessary documents to the satisfaction of WLSL CMSHK to satisfy any and all legal transfer requirements under the relevant regulations. The Client Customer shall be responsible for and shall reimburse WLSL CMSHK for any delays, expenses, losses and damages incurred by WLSL CMSHK that are associated with compliance or failure to comply with any of the relevant regulations concerning such sale or transfer. 6.3 5.3 The Client Customer expressly authorises WLSL CMSHK and its third party service providers or agents to deal with/or apply any of the China Connect Securities and money held in the Account to comply with any obligations as prescribed under the China Connect Rules and any Applicable Regulations from time to time. WLSL CMSHK reserves the right to and is expressly authorised by the Client Customer to (i) cancel and reverse any purchase or sale Instructions for China Connect Securities; and (ii) to sell or dispose of any China Connect Securities if so required: (a) by any China Connect Authority pursuant to any regulation, which includes but is not limited to the circumstances where the cancellation and reversal or the sale or disposal of China Connect Securities is required to maintain the balance of the Daily Quota, or Foreign Shareholding Restrictions; (b) to comply with any regulation; and/or (c) by the applicable terms of business or agreement or arrangement between WLSL CMSHK and any third party service providers. The Client Customer shall be solely responsible for all losses, costs and expenses incurred or suffered by reason of, or arising from or in connection with such cancellation, reversal, sale or disposal. The Client Customer acknowledges that it shall observe the relevant regulations including but not limited to the publicly available information regarding balances of the Daily Quota and/or Foreign Shareholding Restrictions as prescribed by the China Connect Rules and the Applicable Regulations from time to time. 6.4 5.4 The Client Customer acknowledges and accepts that stock borrowing and lending of China Connect Securities (including SSE Securities and SZSE Securities) is subject to the China Connect Rules and the Applicable Regulations, and shall only be conducted for the following purposes: (a) (in respect of SSE Securities and SZSE Securities) for the purpose of short selling in accordance with the SEHK Stock Connect Rules provided that the stock loan period (inclusive of the date of stock loan and stock return) does not exceed one calendar month; (b) (in respect of SSE Securities and SZSE Securities) for the purpose of enabling the Client Customer to sell SSE Securities and/or SZSE Securities (as the case may be) held by the Client Customer but which have not been transferred to the relevant HKSCC clearing stock account in time to meet the pre-trade checking requirements set out in the SEHK Stock Connect Rules, provided that the stock loan period does not exceed one day and is non-renewable; and (c) (in respect of SSE Securities, SZSE Securities and other China Connect Securities) for such purposes as the SEHK, the SSE or the SZSE (as the case may be) or the relevant China Connect Market may specify from time to time. 6.5 5.5 The Client Customer acknowledges and accepts that short selling of any China Connect Securities (including SSE Securities and SZSE Securities) is subject to the China Connect Rules and any other Applicable Regulations and shall only be conducted in respect of China Connect Securities included in the list of eligible China Connect Securities for short selling published by the SEHK from time to time and must not exceed the limit(s) set by the SEHK in respect of the relevant China Connect Securities for each Stock Connect Trading Day and for a rolling period of time specified by the SEHK from time to time.