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The information is for reference only and does not constitute any offer or solicitation to any person to enter into any investment transactions. Investment carries risks. The prices of an investment may move up or down and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling investment. When invest in investment denominated in non-local currencies, please be aware of the risk of exchange rate fluctuations that may cause a loss of principal. Past performance of any investment is no guide to its future performance. You should understand that any subscription for or acquisition or purchase of any investment registered outside Hong Kong and the receipt and collections of income therefrom and other administrative matters thereof may not be governed by Hong Kong laws. You agree to bear all risks relating to all such investments which are not governed by Hong Kong laws. You should refer to relevant investment offering documents for detailed information prior to any subscription. You should seek independent legal, financial and other professional advice if you do not understand any aspect of the relevant offering documents or the risks involved.