Examples of Linked Stock in a sentence
You will suffer a loss as the Closing Price of the Linked Stock as of the Valuation Date is lower than the Put Strike Price, and therefore the market value of the Stock Amount (calculated based on the Closing Price of the Linked Stock on the Valuation Date) is less than the Purchase Price.
In the worst case, if the market price of the Linked Stock remains at zero till the Settlement Date, you will lose all of your investment.
The Linked Stock will be shares of a company or units of a fund (being an exchange-traded fund or a real estate investment trust) listed on The Stock Exchange of Hong Kong Limited (the “Exchange”) and traded in an Underlying Currency of either HKD or RMB.
The Autocall Price of each Linked Stock is set as a percentage of its Initial Price, as specified in the relevant Term Sheet and will be the same for each Autocall Determination Date.
You should note that the Initial Price of a Linked Stock may either be (i) the Closing Price of such Linked Stock on the Trade Date; or (ii) the market spot price of such Linked Stock as agreed between the Issuer and you (through your distributor) at the time of your application on the Trade Date and your purchase order will be executed at such agreed price.
The Linked Stock in the Stock Basket with the lowest Performance on a Scheduled Trading Day will be the Worst Performing Stock for that Scheduled Trading Day.
Both the Knock-in Price and the Put Strike Price of each Linked Stock are set as a percentage of its Initial Price as specified in the relevant Term Sheet.
You will be exposed to the market risk of holding the Linked Stock if you choose not to sell the Stock Amount on the Settlement Date.
You should note that the Initial Price may either be (i) the Closing Price of the Linked Stock on the Trade Date; or (ii) the market spot price of the Linked Stock as agreed between the Issuer and you (through the distributor) at the time of your application on the Trade Date and your purchase order will be executed at such agreed price.
The Daily Autocall Feature will be triggered on an Autocall Determination Date if the Closing Price of the Linked Stock is at or above the Autocall Price on such Autocall Determination Date, which is set as each Scheduled Trading Day (excluding any Disrupted Day) during the period from and including the date as specified in the relevant Term Sheet, which is on or after the Issue Date, to but excluding the Valuation Date (i.e. an Autocall Period).