BOC Hong Kong : BOCHK welcomes first southbound Mainland-Hong Kong Mutual Recognition of Funds

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28 December 2015

BOCHK welcomes first southbound Mainland-Hong Kong Mutual Recognition of Funds

In support of capital market access between the Mainland of China and Hong Kong, Bank of China (Hong Kong) ("BOCHK") will distribute the first Recognised Mainland Fund by China Asset Management - one of the largest fund management companies in the Mainland Note 1 - starting 29 December 2015. This mixed assets fund mainly invests in a flexible portfolio of Mainland equities and debt securities.

BOCHK has been sourcing eligible high quality Mainland funds, such as China Asset Management's first Recognised Mainland Fund, to bring customers a wide range of investment choices. Customers can subscribe to Recognised Mainland Funds and make RMB exchange transactions through BOCHK's multiple trading and service channels, including its extensive branch network and Internet Banking.

From 29 December 2015 to 31 March 2016, customers can enjoy Note2：

• A fund subscription fee of 1 % for all RMB funds

• Preferential interest rates of up to 3.80% per annum for placing a 7-day Preferential RMB Time Deposit by new conversion of funds

• Exchange rate premiums of up to 20 pips for RMB conversion from HKD through designated channels

BOCHK has prepared an education video, webpage and series of customer seminars with the aim of helping customers learn about the Mutual Recognition of Funds and other related investment opportunities. A Mutual Recognition of Funds Education Corner is available on BOCHK's website, www.bochk.com, where customers can view the video and get an overview of the scheme. BOCHK's Fund Information Database provides information on Recognised Mainland Funds, including fund prices, fund performance, market commentary videos and interactive charting tools, so customers can stay abreast of the latest product developments and market trends.

As the market leader in the RMB business in Hong Kong, BOCHK provides a wide array of RMB investment services to customers through a strong professional team with extensive knowledge of the Hong Kong and the Mainland markets. Services include A shares trading and margin trading services, direct RMB exchange against other currencies as well as RMB Currency Linked Investment. BOCHK has also taken the lead in distributing funds under the Renminbi Qualified Foreign Institutional Investors ("RQFII") Scheme and is now one of the largest distributors of RQFII funds in Hong Kong.

Further details of BOCHK's services are available by calling the Customer Service Hotline at (852) 3988 2388 or visiting www.bochk.com. Investment involves risks. Please refer to the offering documents for details of the risks of the Mutual Recognition of Funds and related individual fund products.

Notes:

1: Source: Wind Info, as of 23 December 2015, according to the mutual fund assets under management. The mutual fund assets under management were up to RMB 543.1 billion as of that day.

2: Terms apply.

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About Bank of China (Hong Kong) Limited

Bank of China (Hong Kong) Limited ("BOCHK") is a leading listed commercial banking group in Hong Kong. With about 260 local branches and efficient e-channels including over 1,000 self- service machines, internet and mobile banking services, BOCHK and its subsidiaries offer a comprehensive range of financial products and services to personal, corporate and institutional customers. BOCHK is one of the three note issuing banks and the Clearing Bank for Renminbi business in Hong Kong. In addition, the BOCHK Group (comprising BOCHK, Nanyang Commercial Bank and Chiyu Banking Corporation) and its subsidiaries have 42 branches and sub-branches in the Mainland of China to provide cross-border banking services to customers in both places.

BOC Hong Kong (Holdings) Limited, BOCHK's holding company, is listed on the main board of the Stock Exchange of Hong Kong, with stock code "2388", ADR OTC Symbol "BHKLY".