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[With Rewards] 100% capital-protected products are here! Up to 8% annualized return.

Are you facing these problems in investment and financial management?

Want to allocate Assets but worried about losses?

Want to participate in investment but don't have time to monitor the market?

Desire high returns but fear high risks.

Don't worry, Futu offers a structured product with 100% capital protection at maturity and potential high returns, helping you grow your wealth! Let's follow Xiang Xiang to learn about capital protected structured products!

*The maximum annualized return of 8% (actual return of 4% comes from a 6-month product) refers to the highest annualized return among the structured products offered on the Futu platform. Data is as of May 22, 2025. Return information is for reference only; past data does not indicate future returns.

1. What is a capital protected structured product?

Principal-protected structured products are typically issued for specific high-net-worth clients with a minimum subscription threshold of 1 million HKD. Futu has broken traditional trading barriers, becoming the first technology brokerage in Hong Kong to launch retail structured products, providing ordinary investors with principal-protected investment products for value appreciation.

The structured product launched by Futu is aprincipal-protected product linked to stock performance, featuring a guaranteed coupon rate. Regardless of whether the linked stock price rises or falls, you will receive this product's stable guaranteed coupon income.If the determination regarding thelinkedstock trend is accurate, additional returns can also be obtained.

🔍Click here to understand "structured products" in one article, 100% capital guaranteed? >>

II. Advantages of capital-protected structured products

富途上線的保本結構化產品不僅爲牛友們解決了投資面臨虧損風險的問題，還在此基礎上掛鈎股票，增加潛在彈性收益。

At the same time, it changed the historical issuance model that only targeted high-net-worth clients, solving the problem of high investment thresholds for a wide range of mooers, allowing participation in this principal-protected gain investment with just 0.1 million HKD at Futu. 👏

Five major advantages of principal-protected structured products:

🏆 Principal protection at maturity: 100% principal protection design at maturity, ensuring basic returns regardless of market fluctuations.

🏆 Flexible appreciation: If the linked stocks reach the expected price, additional gain returns can also be obtained (approximately annualized 2.5%-20%, based on the APP product page).

🏆 Interest rate shield: Locking in the minimum coupon rate in advance, with returns unaffected by interest rate cuts, sharing dividends during stock market rebounds.

🏆 Low threshold: Breaking traditional trading barriers, no need for high thresholds, participation in principal-protected gain investments starts with just 0.1 million HKD.

🏆 Transparent returns: Real-time tracking of linked assets + self-querying of profit and loss progress, saying goodbye to passive waiting for settlement statements.

Three, subscription process for principal-protected structured products.

Initially, Futu will support principal-protected structured products, with structures being Sharkfin and Digital, and the currencies include both Hong Kong dollars and US dollars.

❓How to inquire:Access the Futubull APP, click on the financial management tab, and you can view the latest note situation on the financial management homepage.

(Note: Please update the Futubull APP to the latest version.)

❓How to subscribe:Check the latest note situation, select the target product, click Buy to complete the subscription.

Note that each bond has a corresponding minimum subscription amount, minimum issuance amount, maximum issuance amount, and order deadline.

1. Minimum subscription amount: The amount that each customer must subscribe to at a minimum.

2. Minimum issuance amount:If the total subscription amount from all customers is greater than or equal to the minimum issuance amount before the order deadline, the product will be successfully raised. If the minimum issuance amount is not reached, the deadline will automatically release the funds for the customers.

3. Maximum issuance amount:The maximum amount customers can subscribe to for this note.

4. Order deadline:The latest time for customers to subscribe and withdraw their orders.

❓How to interpret:

1. Shark fin notes:This is a principal-protected structured note, named for its yield curve resembling a shark fin at the water's surface, with the most common type being the Call Shark Fin (Bull Knock out PBPR EIL), which features principal protection at maturity, potential upside returns, and knockout dividend payouts (if any).

🧐 Below will take the Call Shark Fin as an example, we will analyze its core elements and return model together.

Product information can be viewed:

1. Linked Assets:List on HKEX.

2. Minimum redemption price:The guaranteed minimum principal redemption ratio, that is, the minimum maturity yield is 102.56%.

3. Knockout limits:Key triggering conditions that determine whether the product terminates or triggers specific income distribution. The knockout level is set at 105%, meaning that when the HKEX price rises above 105%, the maturity yield is the minimum redemption price of 102.56%.

4. Knockout interest:The additional interest agreed upon to be paid when the knockout condition is triggered, which for this product is 0%.

5. Revenue model:On any observation day, possible revenue situations are determined based on the closing price of the linked symbol.

For example 🌰:

🚩Scenario 1: Triggered knock-out boundaries.

On any observation day, if the closing price of HKEX touches the knockout boundary of 105%, the maturity revenue is calculated based on the minimum redemption price.

Yield at maturity = principal * (minimum redemption price + knock-out coupon) = principal * 102.56%, which means the actual yield rate is 2.56%, corresponding to the annualized yield rate = 2.56% / 9 * 12 = 3.41%.

🚩Scenario Two: The knock-out boundary has not been triggered, and the symbol's end price > initial price.

On any observation day, if the closing price of HKEX does not reach the knockout price, and the end price > initial price, the maturity yield fluctuates between 2.56% - 7.56%.

Maturity income = principal * (minimum redemption price + end price / initial price - 100%). When the end price is exactly equal to the knock-out boundary, the maturity yield is maximized, that is: maturity income = principal * (minimum redemption price + knock-out boundary - 100%) = principal * 107.56%, which means the actual yield is 7.56%, corresponding annualized yield is.7.56%/9*12=10.08%

🚩Scenario Three: The knock-out boundary has not been triggered, and the symbol's end price < initial price.

On any observation date, if the closing price of HKEX does not touch the knockout limit and is lower than the initial price, the maturity yield is directly calculated based on the minimum redemption price.

Maturity income = principal * (minimum redemption price + knock-out coupon) = principal * 102.56%, which means the actual yield is 2.56%, corresponding annualized yield = 2.56% / 9 * 12 = 3.41%.

📢Finally, to summarize, when the initial price is less than the symbol price and less than the knockout price, the maturity yield fluctuates between 2.56% and 7.56%, otherwise, it is a principal-protected yield of 2.56%.

2. Binary structured notes:It belongs to capital-protected structured products, which will yield two different results based on the performance of the linked Assets. This "either-or" income structure embodies the "binary characteristics", hence it is called a binary structured note. The most common is the Call type binary (Potential Bullish Coupon Enhancement ELI).。

🧐 Below is an example of the Call binary structure, continuing to analyze the product elements and income model.

Product information can be viewed:

1. Linked Assets:Linked to Huaxia Hang Seng Biotechnology.

2. Minimum redemption price:At 100%, which means that upon maturity, investors can at least retrieve 100% of the principal.

3. Exercise price:Set at 100% of the initial price, serving as the reference price benchmark for the underlying symbol of the product. When Huaxia Hang Seng Biotechnology reaches, exceeds, or falls below the exercise price on the maturity date, the corresponding maturity yield is triggered.

4. Other information:Term of 6 months, trading currency is in USD, with a principal protection rate of 100%.

5. Revenue model: At maturity, determine the profit situation based on the maturity stock price and execution price (the execution price of this product is equal to the initial stock price).

For example 🌰:

🚩Scenario 1: Expiration price > Exercise price

Expiration income = Principal * (Minimum redemption price + Maximum coupon rate) = Principal * 103.4%, thus the actual yield is 3.41%, corresponding annualized yield = 3.41%/6*12=6.82%

🚩Scenario 2: Expiration price = Exercise price

Expiration income = Principal * (Minimum redemption price + Maximum coupon rate) = Principal * 103.4%, thus the actual yield is 3.41%, corresponding annualized yield = 3.41%/6*12=6.82%

🚩Scenario 3: Expiration price < Exercise price

Expiration income = Principal * (Minimum redemption price + Minimum coupon rate) = Principal * 100.5%, thus the actual yield is 0.5%, corresponding annualized yield = 0.5%/6*12=1%

📢In conclusion, when the holding expiration price is less than the strike price, the yield is the minimum coupon rate; in other situations, it is the maximum coupon rate.

4. Prize Activity

🎁 Answering questions will win prizes

Event Time:May 22, 2025 - May 29, 2025 23:59

Activity Rules:Answer the questions below and post your answers in the comments section of the post. Users who answer all questions correctly in order will each receive 88 points.

[Multiple Choice Question]

1. Which of the following is not a characteristic of principal-protected structured note products?

A. 100% principal protection

B. Potential upside returns

C. Low threshold

D. Redeemable at any time

2. What is the size of the income from the Sharkfin structured product linked to?linked？

A. Hang Seng Index

B. S&P 500 Index

C. The asset linked to this product

D. Nasdaq Index

3. What is the minimum subscription amount for the capital-protected structured products supported by Futu in Hong Kong dollars?

A. 0.1 million

B. 0.15 million

C. 0.2 million

D. 0.25 million

4. What are the advantages of Futu's capital-protected structured products?

A. Enjoy high net worth customer value-added investment options with a low threshold without needing millions.

B. Clear returns, can be self-checked at any time.

C. Rich asset News.

D. The above are all.

5. After purchasing the capital-protected structured notes, what do investors need to do?

A. Monitor daily.

B. Adjust weekly.

C. Review monthly.

D. No operation required.

🎁More rewards - First subscription reward.

Event time: May 22, 2025, 00:00 - June 22, 2025, 23:59

Event rules: By making a first subscription for retail available structured products on Futu, after the product is successfully issued, a reward of $200 fee waiver will be granted, issued in the form of a cash voucher to your account.Click the image below to participate > >

[Notes]

1. Each user can only receive one reward per individual event.

2. Plagiarism, such as copying and pasting others' posts, is strictly prohibited. Once discovered, the qualification for the award will be canceled.

3. Rational analysis is encouraged, malicious promotion or defamation is prohibited.

4. The final interpretation of this event belongs to Futu.

The final prize list for this event will be announced within 30 working days after the event ends. Please contact us if you have any questions.@象象。

Disclaimer: This content does not constitute an offer, solicitation, suggestion, opinion, or any guarantee regarding any securities, financial products, or instruments. The issuer of this content is Futu Securities International (Hong Kong) Limited or its group companies. The page is prepared and published by Futu Securities, and the content has not been reviewed by the Hong Kong Securities and Futures Commission. Investing in structured investment products is not the same as investing in the underlying assets. Investors must assume the credit risk and bankruptcy risk of the issuer, guarantor, and/or other identified counterparties (as applicable). Investors should also be aware that the issuer may terminate the investment early. Investment involves risk, and investors should act prudently regarding the product and clearly understand that they may lose the entire investment amount. Before making any investment decisions, investors should carefully read and understand the sales documents and terms and conditions of the relevant investment products (including the risk disclosures therein) and should not rely solely on this content to decide to invest in structured investment products. If necessary, appropriate professional advice should be sought.

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