This disclaimer applies to this website and all contents contained herein. The information herein is operated by Delftware Capital Management (HK) Limited ("DCM"). DCM is a corporation licensed by the Securities and Futures Commission of Hong Kong to carry on Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities, with Central Entity Number: BTJ474.

This website is for reference only by "Professional Investors" as defined under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and its relevant subsidiary legislation. Persons accessing or using this website should confirm that they meet the definition of "Professional Investors" referred to above. If you are not a professional investor, you should not rely on the contents of this website.

This website is provided for general reference only and does not constitute, nor should it be construed as, an offer, solicitation, invitation, advice or recommendation to purchase or subscribe for any securities, funds, structured products, insurance products or other financial products. Nothing on this website constitutes legal, tax, accounting, insurance or other professional advice. This website may not be copied, forwarded, distributed or made available to any other person without DCM's prior written consent.

DCM provides relevant regulated services to professional investors in Hong Kong only to the extent permitted by its licences and applicable laws and regulations.

DCM does not hold client assets. Client assets will be held directly by the relevant custodian banks, brokers or other financial institutions in the client's own name and will be subject to the terms and conditions of such institutions. Deposit, lending, foreign exchange, custody, banking, trust, tax, legal, insurance and other services outside the scope of DCM's licences, if required, will be provided directly by the relevant third-party professional service institutions or service providers with the appropriate qualifications and/or licences.

Investment involves risks. Prices of investment products may go up or down, and investors may lose all or part of their investment principal. Past performance is not indicative of future performance. Derivatives, structured products and complex products may involve higher risks and may not be suitable for all investors. Before making any investment decision, investors should carefully read the relevant product documents and risk disclosures and seek independent professional advice according to their own circumstances.

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potential conflicts of interest will be disclosed in accordance with applicable laws, regulations and regulatory requirements.

In the event of any inconsistency, ambiguity or discrepancy between the Chinese and English versions of this website, the English version shall prevail.