Common use of Market Rules Clause in Contracts

Market Rules. As Mainland China is the home market of China Connect Securities, the SSE Rules and other Mainland China securities laws and regulations shall apply to you. If such rules and regulations are breached, SSE has the power to carry out an investigation. Nevertheless, certain Hong Kong legal and regulatory requirements will also continue to apply to Northbound trading. SEHK is required to check that, in respect of any Northbound sell orders given by an Exchange Participant, the relevant Exchange Participant holds sufficient available China Connect Securities to be able to fill such Northbound sell orders by the commencement of trading on the trading day I wish to execute. Otherwise, you may be unable to execute Northbound sell orders due to Pre-Trade Checking related requirements. You shall bear any risk, loss, cost or expenses resulting from noncompliance or potential non-compliance with Pre-Trade Checking and/or the relevant China Connect Laws or China Connect Rules and/or the above actions taken by the Bank.