Adjustment of Northbound Fees in Relation to Shanghai-Hong Kong Stock Connect

The fees payable by Hong Kong and international investors (charged by Shanghai Stock Exchange (“SSE”) and China Securities Depository and Clearing Corporation Limited (“ChinaClear”) for Northbound Trading through Shanghai-Hong Kong Stock Connect will be revised and will take effect on 3 August 2015 (the first trading day of Northbound Trading after SSE’s and ChinaClear’s fee revisions become effective).

Please refer to the circular from Hong Kong Exchange regarding the fee adjustments by clicking here.

DBS Bank (Hong Kong) Limited
星展銀行（香港）有限公司
31 July 2015