All defined terms used herein are in italics for your convenience and have the respective meanings set out below:

Access Provider - Hong Kong Telecommunications (HKT) Ltd, amongst other things, provide access to the Service and collect payment for the Service.

Agreement - these terms and conditions as amended or supplemented by us from time to time.

Information - the information (in whatever form including images, still and moving, and sound recordings) contained in the Service.

Information Provider - a client of ours or other third party including any stock, futures or commodities exchange, whose Information is contained in the Service.

Reuters Group - Reuters Group PLC and its Subsidiaries from time to time.

Service - Hong Kong Stock Market NET to which access is provided through the Access Provider under the Agreement, which includes the provision of Information and the Software.

Service Fees - the fees charged by us from time to time for the supply of the Service.

Site - the location of your personal computer to which the Service is supplied.

Software - software or any part of it and related documentation belonging to the Reuters Group which is contained in the Service and includes upgrades and enhancements.

Subsidiary - a company in which another company owns directly or indirectly more than 50% of the issued share capital or over which it exercises effective control.

We will provide access to the Service to you and you will pay the Service Fees and use the Service in accordance with the Agreement.

The Agreement will take effect from the date of payment of the Service Fees and will continue until it is cancelled by you by giving us at least one month's prior written notice.

3.1 You will be responsible for the payment of all on-line charges and for the communication facilities which enable you to access the Service.

3.2 We may by giving one month’s prior written notice adjust or change the basis of calculation of the Service Fees for the Service.

3.3 You will pay the Service Fees by notifying the Access Provider of your credit card details and they will debit your credit card account. Once you have paid the Service Fees, you will receive a password from the Access Provider which you will use to access the Service. You will keep your password confidential. If you learn or suspect that your password has been obtained by another person, you will immediately notify the Access Provider. We will then cancel the password and, subject to such conditions as we may deem appropriate, through the Access Provider may assign a new password to you.

3.4 We may, without incurring any liability, change the password issued to you and the Access Provider will inform you of such change.

4.1 If you materially breach the Agreement, we may immediately suspend your access until the breach is remedied or terminate your access to the Service in whole or in part without penalty. No refund of the Service Fees will be payable in either case. A material breach shall include, without limitation, any unauthorised use of the Service or Information or breach of clause 7.

4.2 We may modify or cancel the Service or a part of the Service, as the case may be, immediately by notice to you.

4.3 If we cancel the Service or a part of the Service, our only obligation to you will be to refund the part of the Service Fees paid in advance for the cancelled part of the Service.

4.4 Upon expiration of the Agreement or termination of all or any part of the Service, unless otherwise specifically agreed in writing between you and us, you must delete any Information contained in the terminated Service, and, if requested by us, certify the deletion in writing.

4.5 All disclaimers, indemnities and restrictions relating to the Service and your use of the Service and clauses 6 and 7 shall continue to apply after termination of the Agreement.

5.1 Although we will use all reasonable endeavours to ensure the accuracy and reliability of the Service, neither we nor any other member of the Reuters Group, nor any Information Provider, nor any third party supplier will be liable for any loss or damage in connection with the provision of or failure to provide the Service except as set out in clause 5.2.

5.2 Nothing in the Agreement shall be construed so as to exclude the liability of the Reuters Group under this Agreement for death or personal injury caused by our negligence.

5.3 EXCEPT AS EXPRESSLY STATED IN THE AGREEMENT, ALL EXPRESS OR IMPLIED CONDITIONS, WARRANTIES OR UNDERTAKINGS, WHETHER ORAL OR IN WRITING, IN LAW OR IN FACT, INCLUDING WARRANTIES AS TO SATISFACTORY QUALITY, REASONABLE CARE AND SKILL AND FITNESS FOR A PARTICULAR PURPOSE, ARE EXCLUDED.

5.4 Neither we nor any member of the Reuters Group, nor any Information Provider, nor any other third party supplier will be liable to you or to any third party for any indirect, special or consequential loss or damage arising out of the Agreement or the Service.

5.5 To the extent required by law and except for clause 5.2, you agree that under no circumstances will our liability in respect of any claim or claims arising under the Agreement exceed one year subscription fees , regardless of the cause or form of action.

5.6 You agree to indemnify us and any member of the Reuters Group for any loss, damage or cost in connection with any claim, action or proceedings brought against any member of the Reuters Group as a result of (a) your use of the Service and (b) any breach of clause 7 below.

5.7 You agree that this clause 5 is enforceable by and to the benefit of members of the Reuters Group, Information Providers and other third party suppliers.

5.8 You warrant that you are resident in Hong Kong.

6.1 Any information provided by you or obtained by us regarding you or your use of the Service may be used by us for marketing purposes. Under the Personal Data (Privacy) Ordinance (Cap 486) you are entitled to request access to and to require correction of any of your personal data held by us and can make such a request by writing to the Managing Director, Reuters Hong Kong Limited at 10th Floor, Cityplaza 3, 14 Taikoo Wan Road, Quarry Bay, Hong Kong.

6.2 We, or other members of the Reuters Group, may send information and offers of products and services to you from time to time, unless you have indicated to us in writing to the address referred to in clause 6.1 above that you do not wish to receive such material.

7.1 All intellectual property rights in the Service, including without limitation, copyright and database right in the Information, shall remain our property or that of the Information Providers, and no copy of, or extract from, the Service, may be made or taken without our prior written consent. Neither the Information nor any extract from the Service may be stored, transmitted or reproduced, whether in machine readable form or otherwise without our prior written consent.

7.2 You will not remove, conceal or amend any copyright, trade mark or other proprietary notice incorporated in the Service. You will not acquire any intellectual property or similar rights in the Service or Information and you agree to comply with notices bringing such rights to your attention and all laws relating to such rights.

7.3 You acknowledge that Information Providers may have rights in the Information which they supply. You agree to comply with any restrictions or conditions imposed on the use and access of Information by the relevant Information Provider, as notified to you by us or by such Information Provider.

7.4 You agree that certain Information Providers will be entitled to have access to your records at any time during business hours to verify your compliance with the Agreement.

7.5 We retain control over the form and content of the Service.

7.6 We grant you a non-exclusive, non-transferable licence to use the Software at the Site. You will not sub-licence, assign, copy, modify, distribute, transfer, decompile or reverse engineer the Software except as allowed by Reuters in writing.

8.1 (a) All notices under the Agreement will be sent by registered mail or by fax
          or delivered in person:

(i) from us to you at the address notified by you as the address for delivery of your password;

(ii) from you to us at the address referred to in clause 6.1.

      (b) Notices will be deemed to be received 3 business days after being sent or on proof of delivery, if earlier.

8.2 You may not assign any right or obligation under the Agreement or any part of it. You agree that we may assign any or all of our rights and/or obligations under the Agreement to a member of the Reuters Group without your consent.

8.3 The Agreement is governed by the laws of Hong Kong. Both of us submit to the non-exclusive jurisdiction of the Hong Kong Courts.

8.4 If any part of the Agreement that is not fundamental is found to be illegal or unenforceable, this will not affect the validity and enforceability of the remainder of the Agreement.

8.5 If either of us delays or fails to exercise any right or remedy under the Agreement, that party will not have waived that right or remedy.

8.6 Neither of us will be held liable for any loss or failure to perform an obligation due to circumstances beyond our reasonable control. Actions, failures or omissions of the Access Provider are circumstances beyond our reasonable control. Should such circumstances continue for more than 3 months, either of us may cancel the Service immediately on written notice.

8.7 You will not use the Service in breach of any applicable laws, regulations or market conventions and will be responsible for obtaining and maintaining all consents and licences and making all filings necessary to receive or use the Service.

8.8 You agree that damages may not be an adequate remedy in the event of a breach of the Agreement by you and therefore that we should be entitled to the remedies of an injunction or other equitable relief for any threatened or actual breach of the Agreement.

9.1 The Agreement contains our and your entire understanding regarding the Service. In entering into the Agreement, you have not relied on any warranty or representation made by us other than those set out in the Agreement (except that this shall not exclude any liability for fraudulent misrepresentation).

9.2 In order to take account of new policies, we may amend the Agreement from time to time by giving you one month’s notice and any such new terms and conditions will be displayed at the access screen.

9.3 Except as set out in clause 9.2, the Agreement may only be varied with your agreement.