1. Definitions
Account
Refers to one or more securities trading accounts opened through this Platform.
Agreement
Refers to this Agreement, its various appendices, and other written agreements related to the opening, maintenance, and operation of the account by the Client on this Platform, including but not limited to account opening forms, whether originally executed or subsequently amended or supplemented from time to time.
Client
Refers to one or more individuals in whose name the Platform agrees to open and maintain one or more accounts under the terms of this Agreement. When the Client is:
(i) An individual, it includes the Client(s) themselves and their respective executors and administrators;
(ii) A sole proprietorship, it includes the sole proprietor and their executors, administrators, and business successors;
(iii) A partnership, it includes the partners of the firm at the time the account is maintained and their respective executors and administrators, as well as any persons who may later become partners of the firm (whether or not they subsequently withdraw) and their respective executors, administrators, and successors of the partnership business;
(iv) A company, it includes the company and its successors.
Authorized Person
Refers to a person authorized by the Client to issue instructions related to the account and transactions on behalf of the Client (or any one of them).
Business Day
Refers to any day on which the relevant exchange conducts trading, excluding Saturdays, Sundays, public holidays, and non-trading days announced by the relevant exchange.
Clearing House
For the Hong Kong Exchange, refers to "Hong Kong Clearing" and its successors or assigns; for other foreign securities exchanges, refers to the clearing house providing services similar to "Hong Kong Clearing" to such foreign securities exchange and its successors or assigns.
Exchange
Refers to the Hong Kong Exchange and/or any foreign securities exchange (as applicable).
Electronic Services
Refers to the services specified in the Electronic Services Agreement.
Instructions
Refers to any instruction or order issued to the Platform by the Client or their Authorized Person in accordance with Article 4 of this Agreement.
Securities
Refers to any shares, stocks, debentures, loan stocks, bonds, notes, unit trusts, deposit certificates, or other commercial instruments or securities issued by any entity (whether incorporated or unincorporated) or any governmental authority that are currently traded on the market and accepted by the Platform. It may also (at the Platform’s absolute discretion) include:
(a) Rights, options, or interests in any of the above items (whether described in units or otherwise);
(b) Certificates representing interests or participation in any of the above items, or provisional or interim certificates, or instruments or warrants for subscribing to or purchasing any of the above items; or
(c) Any document commonly referred to as securities.
Transaction
Refers to any transaction involving the purchase, subscription, sale, exchange, or other disposal of any and all types of securities, including (but not limited to) securities custody, provision of nominee or custodial services, and other transactions conducted under this Agreement.
1.2 The headings of the clauses are for convenience only and shall not affect the interpretation or construction of such clauses.
1.3 Words in the singular include the plural and vice versa; words of any gender include all genders; references to persons include companies, institutions, partnerships, or other corporations and entities.
1.4 Where the Platform is granted discretion, such discretion shall be absolute, and when exercised, the Platform shall not be liable to the Client or any other person (of any nature) to the fullest extent permitted by applicable law. The Platform shall not be required to explain its actions, omissions, or decisions, unless otherwise provided.
1.5 Words not defined herein shall be interpreted in accordance with the definitions provided in the rules, regulations, and procedures of exchange clearing, the Securities and Futures Ordinance, or its subsidiary legislation, unless the context requires otherwise.
1.6 References to clauses and appendices in this Agreement refer to the clauses and appendices within this Agreement.
1.7 References to ordinances or any regulatory provisions include such ordinances or provisions as currently in force and as amended, replaced, varied, expanded, or reenacted from time to time.
1.8 If any provision of this Agreement conflicts with any legislation, the latter shall prevail.
2. Applicable Laws and Rules
2.1 All instructions and transactions conducted by the Client (whether in Hong Kong or elsewhere) shall:
(a) Be in accordance with the terms and conditions of this Agreement;
(b) Be governed by the constitutions, rules, regulations, customs, practices, provisions, and interpretations of the exchange or other market (and their respective clearing houses, if any) where the transactions are conducted, as existing or effective at the time, including but not limited to Hong Kong Exchange procedures, Hong Kong Exchange regulations, Hong Kong Exchange rules, and Hong Kong Clearing rules;
(c) Be subject to any applicable laws, rules, or regulations enacted by any government authority or statutory body with jurisdiction, including but not limited to the Securities and Futures Ordinance and its subsidiary legislation under Hong Kong law, as amended from time to time; and
(d) Comply with the business rules, policies, and procedures implemented by the Platform from time to time for the operation and maintenance of the Client’s account.
2.2 Each provision of this Agreement is independent and severable. If any provision of this Agreement conflicts with any current or future law or with the laws, rules, or regulations of any exchange, clearing house, or authority with jurisdiction over this Agreement, such provision shall be deemed repealed or amended in accordance with such laws, rules, or regulations, and this Agreement shall remain in full force and effect. The Platform shall have the right, at its absolute discretion, to take or refuse to take any action or to require the Client to take or refrain from taking any action to ensure compliance with the relevant constitutions, rules, regulations, and applicable legal provisions. All actions taken by the Platform in this regard shall be binding on the Client.
2.3 Without prejudice to the above, the Client acknowledges that they have been specifically requested to pay attention to the provisions of the Securities and Futures Ordinance, as amended from time to time, regarding market misconduct and disclosure of interests. The Client has been reminded that they are solely responsible for complying with and ensuring compliance with any obligations arising under the Securities and Futures Ordinance. The Client confirms that they are aware of the provisions of the Ordinance and will comply with and ensure compliance with such provisions to ensure that the Platform does not violate the Securities and Futures Ordinance by any action taken or intended to be taken in executing the Client’s instructions.
3. Authorization and Scope of Services
3.1 The Client appoints the Platform, and the Platform agrees to act as the Client’s agent to execute securities transactions on their behalf, unless the Platform specifies (in the description of the relevant securities transaction or otherwise) that it is acting as a principal. Nothing in this document shall constitute the Platform as a trustee for the Client or create a partnership between the Platform and the Client.
3.2 Even if the Platform acts as the Client’s agent in executing any securities transaction, the Platform may, at its absolute discretion, refuse to accept and/or execute any instruction for a securities transaction without providing any reason. The Platform shall not be liable for any loss incurred by the Client due to or in connection with the Platform’s refusal to accept or execute such instructions, or its failure to notify the Client of such refusal or delay in notification.
3.3 If the Client is approved by the Platform to engage in margin trading, the Client shall be subject to the additional terms and conditions set out in Part II: Margin Client Agreement (as applicable). However, nothing in this document obligates the Platform to provide such additional loans. If any indebtedness arises from such additional loans, the securities held under this document shall serve as security or collateral for such indebtedness (without the Client needing to sign any additional documents) and shall apply to all indebtedness arising for any reason.
3.4 If the Client applies to use the online trading and other services provided by the Platform, the Client agrees to be bound by the additional terms and conditions set out in the Electronic Services Agreement. However, nothing in this document obligates the Platform to provide such additional services.
3.5 If the Client authorizes an Authorized Person to represent the Client in transactions with the Platform and to sign agreements and documents related to the account and its operation, including this Agreement, all such documents and instructions shall be absolutely and finally binding on the Client. The Client agrees that the Platform has the right to act in accordance with the instructions of the Authorized Person until the Client notifies the Platform to revoke or change such authorization.
3.6 The Client acknowledges and agrees that the Client is fully responsible for all transactions, and the Platform is only responsible for the execution, settlement, and conduct of transactions. The Platform shall not be obligated or liable for any conduct, actions, representations, or statements made by any introducing broker, investment advisor, or other third party in relation to the account or transactions. The Platform shall not assume any responsibility for the suitability of the Client’s transactions. The Platform shall also not be liable for the profitability, tax, legal, or accounting consequences of any transaction.
3.7 Any opinions or information provided by the Platform and its directors, officers, employees, or agents (whether requested or not) shall not constitute an offer to transact or investment advice, and the Platform shall not be liable for such opinions or information. The Client should independently and without relying on the Platform make their own judgment to conduct transactions.
3.8 The Client authorizes the Platform to issue instructions to business agents (including overseas brokers and dealers) selected at the Platform’s absolute discretion to execute transactions. The Client acknowledges that the business terms of such agents and the rules of any exchange and clearing house for conducting and settling transactions shall apply to such transactions and be binding on the Client.
4. Instructions
4.1 All instructions shall be issued by the Client (or their Authorized Person) orally in person or by telephone, or in writing by hand delivery, mail, fax, or electronic communication, or by other methods accepted by the Platform from time to time.
4.2 The Platform is entitled to rely on and act in accordance with instructions issued (or purportedly issued) by the Client or their Authorized Person through any method, and the Platform shall not be required to inquire into or verify the authority or identity of the person giving or purporting to give such instructions, nor to consider the circumstances under which such instructions were issued.
4.3 The Client understands that the Platform may from time to time rely on instructions given by fax or electronic means (including but not limited to email). The Client acknowledges that fax or electronic instructions are not secure transmission methods and carry risks. The Client hereby requests the Platform to accept fax or electronic instructions for the Client’s convenience. Provided that the Platform takes reasonable measures to verify the Client’s authorized signature on faxes or the identity of the sender of electronic instructions, the Platform shall not be liable for any actions taken in good faith due to accepting fax or electronic instructions from an unauthorized person.
4.4 The Client agrees to bear all risks arising from the destruction of communication equipment, failure to convey messages, or any other reasons beyond the Platform’s control or foresight, and agrees to release the Platform from any liability in this regard. Such risks include but are not limited to transmission errors, misunderstandings, or errors arising from the Platform’s verification of the Client’s or their authorized representative’s identity.
4.5 The Client may modify or cancel instructions already issued, but the Client agrees that the Platform is not obligated to accept such modifications or cancellations. Instructions may only be modified or canceled if they have not yet been executed. The Client shall be fully responsible for any transactions partially or fully executed before processing their request to modify and/or cancel instructions.
4.6 The Platform may, at its discretion and without providing an explanation, refuse to conduct any transaction for the Client or their Authorized Person, even if such orders have been accepted by the Platform’s employees. The Client agrees that the Platform shall not be liable for any actual or hypothetical loss or damage resulting from such restrictions.
5. Transactions
5.1 If the Client’s instructions to buy or sell securities are not executed by the end of the trading day on the relevant exchange (or at a later time agreed between the Client and the Platform), such instructions shall be deemed automatically canceled.
5.2 The Client authorizes the Platform to combine and/or split the Client’s instructions to buy and/or sell securities with similar instructions from other clients at any time and at the Platform’s absolute discretion. The Client agrees that if there are insufficient securities to fulfill the combined buy or sell instructions, the Platform shall allocate the actual quantity of securities bought or sold to the relevant clients based on the order in which instructions were received.
5.3 Due to the inherent limitations of any market and the frequent occurrence of rapid price fluctuations in securities, even if the Platform or business agents make reasonable efforts, delays may occasionally occur in executing transactions at any specific time or at the "best" or "market" price. The Client agrees to accept and be bound by all transactions conducted on their behalf under any circumstances and agrees that the Platform shall not be liable for any loss arising from the failure or inability to comply with any terms of the Client’s instructions.
5.4 Subject to applicable laws, regulations, and market requirements, the Platform may, at its absolute discretion and considering the order in which instructions are received, determine the priority of executing the Client’s instructions. The Client shall not dispute the priority given by the Platform to any received instructions.
5.5 If the Platform or business agents fail to fully execute any instruction, the Platform or such agents have the right to partially execute such instruction without prior notice to or confirmation from the Client.
5.6 Unless otherwise agreed, for each transaction, unless the Platform holds cash or securities on behalf of the Client to settle the transaction, the Client shall pay the Platform the amount available for settlement (including payments in currencies other than Hong Kong dollars) within the time notified by the Platform, or deliver to the Platform fully paid securities with valid and complete title and in deliverable form. The Client shall be liable for any losses and expenses incurred by the Platform due to the Client’s settlement failures.
5.7 If the Client fails to provide funds or securities by the settlement date or before, or if the Client requests to close the account or terminate the relationship with the Platform, the Client authorizes the Platform to, at its sole discretion and without prior notice to the Client:
(1) Execute, cancel, or liquidate the Client’s transactions;
(2) Offset amounts receivable from the Client against amounts payable to the Client;
(3) Sell any securities in the Client’s account to repay the Client’s indebtedness to the Platform arising from the purchase of securities;
(4) Borrow and/or buy, in the Client’s name, securities that the Client has sold but failed to deliver, using available funds in the Client’s account; and
(5) Consolidate, combine, lien, and offset any or all of the Client’s accounts as required.
Regardless of which of the above authorizations is exercised, the Platform shall not be liable, and the Client hereby agrees to indemnify the Platform for any losses, costs, charges, and expenses incurred due to the Client’s failure to settle transactions.
5.8 The Client shall notify the Platform immediately after making a payment and deliver written proof of such payment to the Platform. The Client acknowledges that such payment will only be credited to the Client’s account or reflected in any account statement after the Platform receives such notice. The Client agrees that interest payable or receivable in the account shall be calculated on this basis.
5.9 Accounts may be opened in other currencies agreed upon by the Platform and the Client from time to time. If the Client instructs the Platform to conduct any transaction in a currency other than Hong Kong dollars, any profit or loss resulting from exchange rate fluctuations of the relevant currency shall be borne solely by the Client. If any action or step taken by the Platform under this Agreement requires conversion from one currency to another, the Platform may perform such conversion in the manner and at the time determined at its absolute discretion. The Client authorizes the Platform to deduct any fees incurred during currency conversion from the Client’s account. The Platform reserves the right to refuse to accept and/or execute any instructions from the Client regarding currency conversion at any time.
5.10 If the Platform engages the services of business agents, the Platform is entitled (for its own benefit) to accept and retain any commissions or rebates that the Platform may receive for any business provided to business agents on behalf of the Client.
5.12 The Client acknowledges that there may be instances where instructions cannot be executed due to emergencies and/or technical failures. The Client agrees that the Platform shall not be liable for any actual or hypothetical losses, whether direct or indirect, caused by government actions, price changes, exchange/market restrictions, equipment and communication system failures, unauthorized access to the account or transactions, and other objective factors and technical limitations beyond the Platform’s control.
6. Short Selling
6.1 The Client acknowledges that the Platform will not accept instructions to conduct short selling on behalf of the Client. The Platform shall not be responsible for verifying whether an instruction constitutes short selling. The Client undertakes that they will not issue any instructions for short selling and shall notify the Platform if any sell order is related to short selling securities, with such notification to be made simultaneously with the sell order.
6.2 The Client authorizes the Platform to arrange for the purchase of short-sold securities at the market price in the event of accidental short selling by the Client; and releases and indemnifies the Platform from all losses, legal proceedings, costs, and expenses incurred or arising from executing short selling instructions.
7. Client’s Disclosure Obligations
7.1 The Platform has no obligation to remind the Client of any liabilities arising generally or potentially from any of the Client’s instructions, or from any transactions or holdings. Such disclosure obligations are the Client’s personal responsibility. The Platform has no obligation to issue notices regarding the Client’s holdings in any manner or for any duration, except as required by any provisions herein. The Platform shall not be liable for any losses, expenses, or costs incurred due to the failure or delay of the Client or any other person to make disclosures under any relevant obligations or to notify the Client of any delay or failure in executing any instructions. The Client shall indemnify the Platform for any losses, expenses, or costs incurred due to any such failure, delay, or omission.
8. Commissions, Fees, and Interest
8.1 For all transactions, the Platform is entitled to deduct from the Client’s account commissions and other fees (as notified to the Client from time to time) for conducting any transactions on behalf of the Client, as well as all relevant levies, commissions, stamp duties, bank charges, transfer fees, accrued interest, and nominee or custodian fees imposed by the exchange or clearing house. The Client acknowledges and agrees that commission rates and fees shall be determined and set solely by the Platform, exchanges, and other government authorities, and may change at any time.
8.2 The Client shall pay interest on all overdue balances (including any amounts owed to the Platform at any time) in the account at the rate and other terms determined by the Platform at its absolute discretion and notified to the Client from time to time. Such interest shall accrue daily and shall be payable on the last day of each calendar month or as soon as practicable upon the Platform’s request. Unpaid interest shall be compounded monthly, and interest itself shall generate new interest.
Personal Data Collection Statement
Personal data collected by the Platform will be used for the following purposes. Based on actual business and operational needs, such data may be accessed by:
(i) The administrative, operational, and information technology departments of any member of the Platform;
(ii) Any service provider engaged by the Platform who has a reasonable need to know such data for providing relevant services;
(iii) Any business partner or other financial product issuer with whom the Platform has a business relationship, who has a reasonable need to know such data for providing relevant financial products to the Client;
(iv) Any government authority, judicial body, statutory body, or industry self-regulatory body with appropriate jurisdiction over any member of the Platform.
Except for the above purposes, your personal data will be kept confidential. If such data is no longer needed for any of the aforementioned purposes, it will be destroyed within one year thereafter; however, such data may be retained for a considerable period to comply with relevant legal and regulatory requirements.
Disclaimer
You should carefully consider your investment objectives and risk tolerance and seek independent professional advice before making any investment decisions.
Investors should note that investments involve risks, including the possible loss of the entire principal investment. The prices of investment products may rise or fall, and past performance data presented does not indicate future performance. Before making any investment decision, investors should thoroughly understand the nature and risks of the product.
Before making investment decisions, you should consider factors such as your financial situation, investment experience, investment objectives, and independent professional advice. The Platform’s licensed persons will assist in explaining whether a product is suitable for your investment based on the above factors. However, you should note that this does not constitute, nor is it intended to constitute, any representation or advice by the Platform.
Electronic Services Agreement
This Electronic Services Agreement supplements the Client Agreement to which it is attached and which is entered into between the Platform and the Client. Under this agreement, the Platform agrees to provide electronic services to the Client, enabling the Client to issue electronic instructions and obtain quotes and other information ("Electronic Services") through computers or other electronic transmission methods on compatible personal, household, or small business computers, including internet devices capable of connecting to telecommunications networks and equipped with modems, terminals, or network computers. If there is any conflict between the Client Agreement and the terms of this Electronic Services Agreement, the terms of the latter shall prevail.
1. Definitions
1.1 Unless otherwise specified, the terms in this Electronic Services Agreement shall have the same meanings as defined in the Client Agreement.
1.2 The following terms, unless the context requires otherwise, shall be interpreted as follows:
"Login ID" refers to the name identifying the Client, used in conjunction with the password to access the relevant Electronic Services;
"Information" refers to any data on transactions or markets, bid and ask prices, news reports, analyst reports, research, and other information;
"Password" refers to the Client’s login password, used in conjunction with the Login ID to access the relevant Electronic Services.
1.3 References to "Instructions" in the Client Agreement shall be deemed to include electronic instructions issued through Electronic Services.
1.4 If the Client agrees, "Transaction Notices and Statements" and "Notices and Communications" referred to in the Client Agreement may be issued solely through Electronic Services. Such consent may be indicated initially in the account opening form or subsequently through Electronic Services. Notices and communications sent via Electronic Services shall be deemed properly issued at the time of transmission.
2. Use of Electronic Services
2.1 After the Client successfully opens an account with the Platform, the Platform will issue a Login ID and Password to the Client, and Electronic Services will be activated. The Platform has the right to require the Client to deposit cash or securities (as applicable) before executing any instructions, as notified by the Platform from time to time.
2.2 The Client shall use Electronic Services in accordance with the instructions and procedures specified in this Agreement and the user guides provided by the Platform from time to time.
2.3 The Client acknowledges that only the Client is the sole authorized user of the Platform’s Electronic Services and must log in to Electronic Services with the correct identity.
2.4 The Client is responsible for the confidentiality and use of their Login ID and Password. After the correct account code is entered, the Platform is authorized (but not obligated) to act in accordance with the instructions received for the Client at its discretion, without any responsibility to verify the validity and/or authenticity of such instructions.
2.5 If the Client discovers any loss, theft, or unauthorized use of the Login ID or Password, they shall immediately notify the Platform.
2.6 If an incorrect Login ID and Password are entered more than 5 times, the Platform has the right (but not the obligation) to suspend Electronic Services.
2.7 If the Client uses Electronic Services via computer, the Client agrees to provide an email address to the Platform and immediately notify the Platform of any changes to the email address. The Client also agrees to receive electronic communications from the Platform at the designated email address.
2.8 The Client agrees that any notices, statements, transaction confirmations, and other communications provided by the Platform through Electronic Services shall be binding.
2.9 The Client agrees to pay all subscription fees, service fees, and user fees (if any) charged by the Platform for providing Electronic Services and authorizes the Platform to deduct such fees from the Client’s account.
2.10 The Platform has absolute discretion to impose restrictions on the types of instructions that may be issued through Electronic Services and the price ranges of such instructions.
2.11 After issuing instructions through Electronic Services, the Client should verify through Electronic Services whether the instructions have been correctly confirmed by the Platform. The Client agrees that confirmation of instructions does not guarantee that the instructions will be executed. If the Client does not receive confirmation of instructions within 5 minutes of entering them into Electronic Services, or if the confirmation received contains errors, the Client is responsible for immediately contacting the Platform to confirm whether the instructions were received. The Client further agrees that failure to receive confirmation does not necessarily mean that the Platform will not execute the instructions. If the Platform confirms to the Client that the instructions have been executed but did not issue a confirmation of receipt, the Client shall still be responsible for settling the transaction.
2.12 Without limiting the generality of the above, the Client acknowledges and agrees that once instructions are issued through Electronic Services, they may not be modified or canceled, and modifications or cancellations are only possible if the instructions have not been executed by the Platform. In such cases, the Platform will attempt to modify or cancel the instructions, but even if the Platform confirms such modifications or cancellations, there is no guarantee that they will occur. If the modification or cancellation does not occur, the Client shall remain responsible for the originally issued instructions.
2.13 If Electronic Services are unavailable, the Client shall issue instructions in accordance with the provisions of the Client Agreement.
3. Information and Intellectual Property
3.1 The Platform may transmit Information to the Client through Electronic Services. The Client may be charged certain fees for Information obtained from exchanges, markets, and other third parties and provided to the Client for use. The Client authorizes the Platform to deduct such fees (if any) from the Client’s account.
3.2 Information is the property of the Platform, information providers, or other persons and is protected by copyright. The Client shall not use the Information or any part thereof for any purpose other than personal use or in the ordinary course of their business.
3.3 The Client agrees not to:
(1) Reproduce, retransmit, disseminate, sell, distribute, publish, broadcast, circulate, or commercially exploit the Information or any part thereof in any manner without the express written consent of the Platform and the relevant information provider;
(2) Use the Information or any part thereof for any illegal purpose;
(3) Use the Information or any part thereof to establish, maintain, or provide, or assist in establishing, maintaining, or providing a trading platform or trading service for buying and selling securities and other investment products;
(4) Disseminate the Information to third parties.
3.4 The Client agrees to comply with the Platform’s reasonable requirements to protect the respective rights of the information providers and the Platform in the Information and Electronic Services.
3.5 The Client shall comply with any reasonable instructions issued by the Platform from time to time regarding the permitted use of Information.
3.6 The Client acknowledges that Electronic Services and any software contained therein are the property of the Platform. The Client warrants and undertakes that they will not and will not attempt to alter, modify, reverse engineer, or otherwise tamper with such software, nor attempt to gain unauthorized access to any part of Electronic Services or the software contained therein.
3.7 The Client agrees that if they breach this warranty and undertaking at any time, or if the Platform has reasonable grounds to suspect that the Client has breached this warranty and undertaking at any time, the Platform shall have the right to terminate this Electronic Services Agreement.
4. Limitation of Liability and Indemnity
4.1 The Platform, its affiliates, business agents, information providers, and their respective directors, officers, employees, and business agents shall not be liable for any losses, expenses, costs, or liabilities incurred by the Client due to circumstances beyond their reasonable
Terms and Conditions
Ju.com reserves the right to disqualify participants, particularly those engaging in malicious activities to profit from the event, including creating multiple accounts to obtain additional rewards or any other illegal, fraudulent, or harmful behavior.
Ju.com reserves the right to modify the terms of this event without prior notice.
Ju.com reserves the final interpretation right of this event. For any questions, please contact the customer service team.
Risk Warning:
Blockchain startup projects may involve significant risks in operations, underlying technology, and regulatory environments. Participation requires in-depth technical and financial knowledge to understand inherent risks. Users are advised to conduct due diligence or consult professional advice before making any investment decisions. The prices of digital assets related to blockchain projects may be highly volatile, and investments may result in significant or total losses. Ju.com does not provide any investment advice.