A. Account Opening Documents

Individual

1. Document of Identity or Passport of the Client
2. Proof of Residential Address within 3 months (eg. Utility Bills or Bank Statement)

Corporate (Hong Kong Company)

1. Account Opening Form
2. Current Articles of Association or other constitutional documents with amendments
3. Valid Business Registration Certificate & Certificate of Incorporation
4. Certificate of Incorporation and official certificates showing any change of name(s)
5. Identity card or valid passport of each person authorized to operate the account
6. Identity card or valid passport and proof of residential address issued within 3 months of each ultimate beneficial owners holding not less than 10% of the voting rights, share capital, capital, profits or vested interest (as the case may be)
7. Latest Register of Director(s) & Registered of Member(s)
8. Board Resolution or Certified Extracts in such form as may be approved by Going Financial (if the Certified Extracts of Board Resolutions in the application form is not applicable)
9. Certificate of Incumbency issued by the registered agent issued within last 6 months or their respective equivalent (For Overseas Corporations Only)
10. Latest Audited Financial Statement (for Hong Kong companies)
11. Proof of Business Address (Utility bill, correspondence from a government department or agency, or statement issued by a licensed bank in Hong Kong or overseas that have been issued within 3 months.）
12. W-8BEN-E Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Entities)
13. Corporate FATCA Self-Certification
14. Self Certification Form (Corporate/Controlling Person)
15. Client Money Standing Authorization
16. Guarantee

B. Deposit/Withdrawal

Deposit Notification：

1. Please do not transfer or deposit before the confirmation of account opening application
2. Deadline for deposit is 4:30 pm every day. Any deposits received after 4:30pm (whether by cheque or direct remittance) will be processed as next day deposits
3. Customers must indicate the account name and account number on the deposit certificate or receipt, and notify via APP or email by cs@goingf.hk
4. We do not accept the third-party deposits (including but not limited to transfers, remittances and check deposits, etc.) other than the customer himself

Withdrawal Notification：

1. Customers can use the APP or download the “Fund Withdrawal Form”, after completing and signing, please submit it by email (cs@goingf.hk) before 10:00 a.m. on a local bank business day. Any withdrawal instruction (whether local or telegraphic transfer) received after 10:00 am will be processed as next day withdrawal
2. We do not accept the third-party withdrawal applications and deposits into the third-party accounts.

Information on different currencies

C. FAQ

1. What is the Pre-opening Session? What are the features?

The Pre-opening Session is an additional trading session of 30 minutes (9:00 am – 9:30 am HKT), which takes place before the Morning Trading Session. It allows orders entered into the trading system, Automatic Order Matching and Execution System (AMS/3), to be matched and executed by auction at one single price.

The Pre-opening Session comprises of four different period as follows:

2. How orders are matched in Pre-opening Session?

Orders will be matched in the Order Matching Period at the final Indicative Equilibrium Price (IEP) , at which the maximum number of shares can be traded.

3. What is Closing Auction Session (CAS)?

The Closing Auction Session allows orders to be entered into the trading system for a single price auction which consists of a reference price fixing period, an order input period, a no cancellation period, and a random closing period as follows:

4. What securities are covered under CAS?

i. All equities, including

o Depository receipts

o Investment companies

o Preference shares; and

o Staple securities

ii. Funds, including

o Exchange Traded Funds (ETFs) ; and

o Real Estate Investment Trusts (REITS)

iii. Leveraged and Inverse Products.

5. What is the Volatility Control Mechanism (VCM)?

The Volatility Control Mechanism is designed to prevent extreme price volatility from trading incidents such as a “flash crash” and algorithm errors, and to address systemic risks from the inter-connectedness of securities and derivatives markets. Many international exchanges have implemented some form of VCM. In the case of HKEX’s VCM, if the price deviates more than a predefined percentage within a specific time frame, it will trigger a cooling-off period for five minutes. This provides a window allowing market participants to reassess their strategies, if necessary. It also helps to reestablish an orderly market during volatile market situations.

6. What is the applicable period for VCM?

VCM is applicable to continuous trading session (CTS), excluding:

• the first 15 minutes of the morning and afternoon trading session

• the last 15 minutes of the afternoon trading session

• the After-Hours Futures Trading session in the derivatives market

7. Where can I find out more information about the Hong Kong Stocks market?

You can visit the website of Securities and Futures Commission (SFC) (www.sfc.hk) and The Chin Family from Investor Education Centre (https://www.ifec.org.hk/web/en/index.page) for more information on the Hong Kong Stocks market.

8. What is nature of Exchange Traded Derivative Products?

* Derivative Warrant

Derivative warrants are an instrument which gives investors the right – but not the obligation – to buy or sell the underlying asset (e.g. a stock) at a pre-set price on or before a specified date. Derivative warrants are generally divided into two types: calls and puts. Derivative warrants can be linked with a single stock, a basket of stocks, an index, a currency, a commodity or a futures contract. Derivative warrants are usually settled in cash when they are exercised at expiry. Holder of call warrants have the right, but not obligation, to purchase from the issuer a given amount of the underlying asset at a predetermined price (also known as the “Exercise Price”) within a certain time period. Conversely, holders of put warrant have the right, but not obligation, to sell to the issuer a given amount of the underlying asset at a predetermined price within a certain time period. Investor should be aware that other factors being equal the value of derivative warrant will decrease over time. Derivative warrants should never be viewed as products that are brought and held as long term investments.

* Callable Bull/Bear Contracts

Callable Bull/Bear Contracts (“CBBC”) are a type of derivative product that tracks the performance of an underlying asset without requiring investors to pay the full price required to own the actual asset. They are issued either as Bull or Bear contracts with a fixed expiry date, allowing investors to take bullish or bearish positions on the underlying asset. CBBC are issued with the condition that during their lifespan they will be called by the issuers when the price of the underlying asset reaches a level (known as the “Call Price”) specified in the listing document. If the Call Price is reached before expiry, the CBBC will expire early and the trading of that CBBC will be terminated immediately. Once the CBBC is called, even though the underlying asset may bounce back in the right direction, the CBBC which has been called will not be revived and investors will not be able to profit from the bounce-back.

* Exchange Traded Funds

Exchange Traded Funds (“ETFs”) are passively-managed and open-ended funds, which are traded on the securities market of Hong Kong Exchanges and Clearing Limited (HKEx). All listed ETFs are authorised by the Securities and Futures Commission (SFC) as collective investment schemes. Most ETFs track a portfolio of assets to provide diversified exposure to selected market themes. However, ETFs may also track a single underlying asset. ETFs can be broadly grouped into Physical ETFs and Synthetic ETFs. Many of Physical ETFs directly buy all the assets needed to replicate the composition and weighting of their benchmark (e.g. constituents of a stock index). However, some only buy a portion of the assets needed to replicate the benchmark or assets which have a high degree of correlation with the underlying benchmark but are not part of it. Some physical ETFs with underlying equity-based indices may also invest partially in futures and options contracts. Lending the shares they own is another strategy used by some physical ETFs. On the other hand, Synthetic ETFs do not buy the assets in their benchmark. Instead, they typically invest in financial derivative instruments to replicate the benchmark’s performance. Synthetic ETFs are subject to counterparty risk associated with the derivatives issuers and may suffer losses if the derivatives issuers default or fail to honour their contractual commitments. Investors should read the ETF prospectus carefully to ensure they understand how the fund operates.

* Inline Warrants

Inline Warrants are a type of structured product that entitles the investors to receive a pre-determined fixed payment at
expiry. At expiry, investors will receive HK$1 per inline warrant held when the underlying asset falls at or within the Upper
and Lower Strikes (In-The-Range) or HK$0.25 per inline warrant held when the underlying asset falls outside the Upper
and Lower Strikes (Out-of-The-Range).

9. Can I submit e-Deposit notification to transfer fund from third party bank account to my Going Financial account？

e-Deposit notification services is limited to fund transfer from client’s Hong Kong banks accounts to client’s Going Financial account only. The registered name of bank account must be the same as the Going Financial client account name. Otherwise, the deposit may be rejected. No third party deposit notification shall be entertained.

10. Can I register third party bank account for e-withdrawal？

The name of registered Bank Account must be the same as the client account name. Third party withdrawal instruction are not accepted.

In order to verify the identity of bank account holder, please provide bank proof that can show bank account number, English name and bank name/logo (e.g. bank statement copy within 3 months).