The Voucher Center is a feature within the "Chief Trade " App, used for managing and viewing the various electronic coupons or vouchers that a client possesses. Clients can view the claimed, used, expiring soon and historical cards/vouchers in the Voucher Center and perform actions such as claiming them.
Once any card/voucher is claimed by a client, it signifies the client is officially use of that card/voucher. Expired or unused cards/vouchers will not be reissued or compensated by Chief in any form. For more details, please refer to the terms and conditions on the card/voucher.
Both Commission Vouchers and IPO Vouchers have a validity period of 30 days, calculated from the time that the system distributed them to the client's account. If a client fails to claim them before its deadline, they will be deemed to have automatically forfeited the right to that reward. Once the voucher is claimed by a client, it signifies that the voucher becomes effective and its validity period starts counting down. The validity period is generally 30 days. IPO Vouchers are only applicable for Initial Public Offering application. Neither Commission Vouchers nor IPO Vouchers are applicable for services such as monthly stock investment plans or dividend reinvestment plans etc.
Clients must first pay the commission fee or handling fee. The actual deduction of the transaction commission or handling fee will be refunded in cash to the client's trading account in the month following the end of the deduction period. Transaction commissions or handling fees are calculated in Hong Kong Dollars. For non-HKD transactions, the commission or handling fee amount will be converted to an equivalent HKD amount based on the exchange rate determined solely by Chief from time to time. The actual refund amount will not exceed the face value of the Commission Voucher or IPO Voucher.
Commission Vouchers and IPO Vouchers are applicable to specified products or markets. For example, a US Stock Commission Voucher is only applicable for trades in the US stock market; a HK Stock Options Commission Voucher is only applicable for options trades on Hong Kong stocks; a Hong Kong Stock IPO Voucher is only applicable for subscriptions in Hong Kong stock market Initial Public Offerings. For more details, please refer to the terms and conditions on the voucher.
The validity period of a Registration Card is 30 days, calculated from the time that the system distributed it to the client's account. I If a client fails to claim them before its deadline, they will be deemed to have automatically forfeited the right to that rights.
Generally, a Registration Card is for record-keeping purposes and does not directly represent the value of the item it describes. Registration Cards are applicable to different company services and products, such as a Stock Registration Card. When a client receives a "Stock Registration Card," this does not mean the client is qualified to receive the relevant stock. The client must still meet the corresponding task conditions and requirements before they would receive the relevant stock according to the details on the card.
Chief will conduct a monthly review of eligibility for rewards and in the following month, purchase the relevant securities based on the review results. The number of shares of securities to be awarded to eligible clients will be calculated based on the actual purchase price by Chief, rounded to the nearest whole number of shares for Hong Kong stocks or to 4 decimal places for US stocks. For example, based on an agreed reward value of approximately HKD 300: if the purchase price of a stock is HKD 58 or USD 58 per share, the number of shares to be awarded would be 5 shares of Hong Kong stock (calculated result is 5.1724 shares, rounded to 5 shares) or 0.6631 shares of US stock (calculated at 1 USD = 7.8 HKD). If the price is HKD 53 or USD 53 per share, the number of shares to be awarded would be 6 shares of Hong Kong stock (calculated result is 5.6604 shares, rounded to 6 shares) or 0.7257 shares of US stock (calculated at 1 USD = 7.8 HKD). Chief reserves the right to adjust the calculation method and review criteria, and the final number of shares of securities awarded is subject to the Chief’s final confirmation.
