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Terms of Use & Disclaimer

This Web Site

This web site is operated by and on behalf of Macquarie Group Limited (ABN 94 122 169 279) ("Macquarie") and its related bodies corporate (the "Macquarie Group").

As an affiliate of the Macquarie Group, Macquarie Bank Limited ABN 46 008 583 542 (“MBL”) is an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). and is regulated by Australian Prudential Regulation. You may access to this website: for information of MBL (including annual report).

The information on this site is subject to change without notice and, accordingly, the Macquarie Group recommends that you make direct contact with Macquarie Group staff for further information of the Group.

The information on this Internet site is directed and available to residents of Hong Kong only, and is not directed to any U.S. persons or residents of the United States or other countries. The information contained therein is not an offer or solicitation for the purchase of securities, units or investments (regardless it appears on any indicative termsheet or elsewhere), unless expressly stated otherwise.

Basis Of Provision Of Material – Use At Your Own Risk

The Material is provided in good faith and has been derived from sources believed to be reliable and accurate at the date indicated. However, the Macquarie Group has not verified all of the Material, which may not be complete or accurate for your purposes. The Macquarie Group may not, and has no obligation to, update the Material or correct any inaccuracy which subsequently becomes apparent. Opinions, estimates and other information in the Material may be changed or withdrawn without notice.

Any indicative price quotations, disclosure materials or analyses have been prepared on assumptions and parameters that reflect good faith determinations by us and do not constitute advice by us. The assumptions and parameters used are not the only ones that might reasonably have been selected and therefore no guarantee is given as to the accuracy, completeness, or reasonableness of any such quotations, disclosure or analyses. No representation or warranty is made that any indicative performance or return indicated will be achieved in the future. Past performance is not a guarantee of future results. While Macquarie Group provides the information in good faith and derived from sources believed to be reliable, Macquarie Group does not represent or warrant the completeness, reliability, accuracy, timeliness or fitness for any purpose of any of the material it accepts no responsibility for the accuracy, completeness or timeliness of the information.

The Material is not intended as an offer or solicitation, or as the basis for any contract, for the purchase or sale of any security, loan or other instrument. The Material is assembled from information which includes information prepared by the Macquarie Group or its related bodies corporate but may not include information made known to the Macquarie Group’s officers. The past performance of securities, loans or other instruments and structured products does not guarantee or predict future performance.

To the maximum extent permitted by law, none of the Macquarie Group, its related bodies corporate or the directors, officers employees or agents, of those entities gives any representation or warranty as to the reliability, completeness, timeliness, accuracy or fitness for any purpose of the Material, or any third party website linked to this website, nor does any of them accept any responsibility or liability for any loss or damage arising in any way (including by reason of negligence) out of errors or misstatements in, omissions from, or the reliance of any person on, the Material.

These Terms of Use shall be governed in all respects by the laws of Hong Kong.

Web Site Links

This site may contain links to other web sites operated by entities which do not belong to the Macquarie Group. These links have been provided solely for you to obtain further information about other relevant products and entities in the market. The Macquarie Group has no control over the information on these sites or the products or services on them, and therefore makes no representations regarding the accuracy or suitability of the information, services, or products described on them. You are advised to make your own enquiries in relation to third parties described or linked on this site. Inclusion of a link to a third party site should not be construed as that party's endorsement of this site.

By linking to sites operated by third parties, the Macquarie Group is not authorising the reproduction of any material on such sites, as such material may be the subject of intellectual property rights.

Software Applications Accessible From This Site

Some of the software programs that may be downloaded via links from this site are products belonging to third parties. You use such third party software at your own risk. Such software is likely to be subject to licensing terms imposed by the owner of the software.

To the full extent permitted by law, the Macquarie Group excludes all liability in relation to using or downloading any software (third party or otherwise) that may be accessed from this site. The Macquarie Group makes no representations and provides no warranties in relation to such software. In particular, to the full extent permitted by law, the Macquarie Group excludes all liability for any damage (including, without limitation, loss of data, interruption to business and loss of profits) resulting from viruses or any other consequence of using or downloading any software (third party or otherwise) accessible via this site.

Base Listing Document and Supplemental Listing Document

In respect of each issue of warrants and/or CBBCs issued by MBL, the terms and conditions of the warrants and/or CBBCs, together with financial and other information on the Issuer, are set out in the Base Listing Document and the relevant Supplemental Listing Document. Both the English version and Chinese translation of such documents are available in this internet site.

Copyright and Trademarks

The Macquarie Group is either the owner or licensed user of the copyright in the material on this site. You may not reproduce, adapt, upload, link, frame, broadcast, distribute or in any way transmit the material on this site without the written consent of the Macquarie Group, other than to the extent necessary to view the material or as permitted by law.

The Macquarie name and all its associated trademarks (including, without limitation, the Holey Dollar device mark) are trademarks of the Macquarie Group.

Disclosure of Interests

Macquarie Capital Limited (C.E. No. AAC534) (“MCL”) is a market maker and/or liquidity provider of the exchange-traded options and/or warrants and/or CBBCs issued by MBL which relate to the securities of the listed corporation(s) referred to herein. MCL and its related bodies corporate or persons associated with those entities may maintain a long or short position in all securities, loans or other instruments referred to in the Material, or in other securities, loans or other instruments of issuers named in the Material, or in related derivatives. MCL may purchase, sell, make a market in or engage in other transactions involving such securities, loans or instruments of such issuers or related derivatives, and/or provide investment banking, credit or other services to any issuer named in the Material. MCL may be entitled to receive or have received a fee for the provision of such services.

Because particular items in the Material may not be updated after their date of publication on this website, any other disclosure of interest by MCL in relation to the Material may not be current.


The Macquarie Group is committed to providing the highest quality of financial services within a trusted environment. Please read the privacy policy statement to understand how your personal information will be treated when you use this site.

HKEx Prices

The prices/values shown in this site in relation to different series of warrants and/or CBBCs are based on the prices notified to MCL as the last sale price of the relevant securities on the Hong Kong Exchanges and Clearing Limited ("HKEx") as at the time and date shown. MCL has not verified some of the information contained on this website and it should be verified separately before relying on it. Prices and values shown herein may vary throughout the course of, and between, HKEx trading days. The actual prices/values may be different from the date on which the material on this page was prepared. Different prices might apply to warrants in your portfolio, or which you wish to purchase, at the time that you view this material. To the extent permitted by law, neither MCL nor any of its related entities or persons associated with those entities gives any warranty of reliability, accuracy or completeness in relation to the information contained in this website nor is any responsibility accepted for any loss or damage arising out of, or in relation to, this material or any print-out thereof, whether such loss or damage is caused by negligence or otherwise.


HKEx-IS and/or its controlling entities and/or its subsidiaries endeavour to ensure the accuracy and reliability of the information provided, but do not guarantee its accuracy and reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracy or omission or from any decision, action or non-action based on or in reliance upon information contained in this website.

Macquarie Privacy Statement - Privacy Policy

Personal Information Collected From You

Any personal information supplied by you through this site will be kept strictly confidential and will be used to provide you with the service you applied for and not used in ways that you have not consented to. If you visit our site to browse, read or download information, our system will log these movements. These web site logs are not personally identifiable, and we make no attempt to link them with the individuals who browse the site.

What Are Cookies And How Do We Use Them?

A cookie is a small data file that contains information about your visit to a web site. This information is provided by your computer during your first visit to a web server. The server records this information in a text file and stores this file on your hard drive. When you visit the same web site again, the server looks for the cookie and structures itself based on the information provided. A cookie only identifies your computer to a web server when you visit the site, they do not identify users.

Most browsers are initially set up to accept cookies. You can reset your browser to refuse all cookies or to warn you before accepting cookies. If you have set your browser to warn you before accepting cookies, you will receive the warning message with each cookie. You can refuse cookies by turning them off in your browser. We generally use cookies to help us improve our service to you the next time you visit our site.

How Your Information Is Used

Macquarie Group (“Macquarie’) intend to use your personal data provided via this website for the purposes of market research and analysis, seminars/focus group invitation, marketing and advertising of financial products ( including sending product information by email or via post to the address provided by you). We may engage data processers (whether within or outside Hong Kong) such as event coordinating agents or public relation companies to process personal data on behalf of Macquarie. Administrator of this website may also have access to your personal data in the process of website management. Provision of your personal data is voluntary. We may not so use your personal data unless we have received your consent.

According to the Personal Data (Privacy) Ordinance, after providing your personal data, you may, in writing, request to access or correct your personal data or request us to cease to use your personal data. Such written request should be sent to Derivatives Warrant Department, Macquarie Capital Limited at Level 22, One International Finance Centre, 1 Harbour View Street, Central, Hong Kong. We will process your request free of charge.

If you choose to give us personal information via the Internet that we may need - for example to correspond with you, send a prospectus or brochure - it is our intent to let you know how we will use such information. Under certain circumstances, it may be necessary to email you announcements or updates containing important information about the service you subscribe to.

The Security Of Your Personal Information

MCL intends to protect the quality and integrity of your personally identifiable information. We employ appropriate security methods and technologies to maintain information collected, prevent unauthorised access and ensure correct use of information.

Links To Other Sites

As our site contains links to other web sites, MCL is not responsible for the privacy practices or the content of these web sites. While we strive to protect your personal information, MCL cannot ensure the security of any information that you transmit to us over the Internet and you do so at your own risk. Once we receive your transmission, we do our best to ensure your information is secure on our systems.