Daokou Securities Limited has established and is committed to complying with the Personal Data Privacy Protection Code to comply with the Personal Data (Privacy) Ordinance policy ("PDPO"). This statement explains the reasons for collecting personal data and the purposes for which they are used.
1. The Client shall from time to time provide Daokou Securities Limited with relevant information relating to the opening or maintenance of trading accounts, opening or maintaining credit facilities or relating brokerage, stock custody and investment advisory services. The information will be collected by Daokou Securities Limited in accordance with the requirements of relevant laws, regulations, codes and norms.
2. Failure to provide such information may result in Daokou Securities Limited being unable to open or maintain an account, or open or maintain a credit facility, or provide securities trading, stock custody and investment advisory services for you.
3. Information will also be collected from you as necessary to maintain normal business contacts.
4. The main purposes for which your information relates are as follows:
(a) providing you with the relevant day-to-day operation services and credit facilities;
(b) conducting credit checks;
(c) assisting other financial institutions in conducting credit checks;
(d) ensuring that you have a reliable ability to repay your credit;
(e) designing the relevant financial or related products according to your needs;
(f) marketing services, products and other items for you; (See paragraph 6 for details)
(g) ascertaining amounts outstanding or owed to you by you;
(h) collecting from you outstanding and secured monies;
(i) obligations, requirements or arrangements for the disclosure and use of information in order to comply with the requirements of the relevant laws, regulations, rules and norms binding on Daokou Securities Limited;
(j) complying with the relevant requirements of Daokou Securities Limited for the purpose of sanctioning or preventing or detecting money laundering, terrorist financing or other illegal activities;
(k) other purposes that are ancillary or incidental to any of the foregoing.
5. Daokou Securities Limited will keep your information confidential but may also disclose your information to the following parties for the purposes set out in paragraph 4:
(a) any member of Daokou Securities Limited, Including the holding company of Daokou Securities
(b) any agent, contractor or third party in connection with management, telecommunications, computer, legal, accounting, stock settlement or other services provided to Daokou Securities Limited;
(c) any person under a duty of confidentiality to Daokou Securities Limited;
(e) financial institutions with which you have or are about to do business;
(f) any actual or potential transferee of Daokou Securities Limited or a participant or sub-participant or assignor of an interest in you owned by Daokou Securities Limited;
(g) relevant persons to whom Daokou Securities Limited is required to make disclosure by law or relevant regulatory authority;
(h) any person with your direct or indirect consent.
6. Use of Information in Direct Marketing
Daokou Securities Limited may use your data for direct marketing or marketing activities. Daokou Securities Limited is required to obtain your consent (including an indication of no objection by you) for this purpose.
(a) if you do not want Daokou Securities Limited to use or provide its data to other persons for direct marketing purposes as described above, you may at any time exercise your right to object to direct marketing and request Daokou Securities Limited to stop using your personal data in direct marketing at the address set out in paragraph 10 without charge for this arrangement;
(b) you understand that Daokou Securities Limited must cease using such data for such purposes if you request to stop using such data for direct marketing purposes. At the same time, in order to comply with relevant laws, regulations, codes or guidelines, Daokou Securities Limited will retain such information although it has ceased to use it for direct marketing purposes.
7. Subject to the terms of the PDPO, you:
(a) the right to enquire whether Daokou Securities Limited holds his/her data and the right to obtain such data;
(b) the right to request Daokou Securities Limited to correct his/her erroneous or omission information;
(c) the right to enquire about the policies and scope of application of such data held by Daokou Securities Limited and/or any member of the Daokou Asset Management Group and to know the types of personal data held by Daokou Securities Limited and/or any member of the Daokou Asset Management Group.
8. Subject to the terms of the PDPO, Daokou Securities Limited has the right to charge a reasonable fee to the person making the data enquiry.
9. Nothing in this Statement limits your rights under the Personal Data (Privacy) Ordinance.
10. If you wish to enquire or correct your data, or enquire about the relevant policies and scope of application and the types of personal data, please contact the following parties:
Responsible personnel
Daokou Securities Limited
Suite 1406, 14/F, Great Eagle Centre, 23 Harbour Road, Wanchai, Hong Kong
Tel: (852) 2208 7820
Email: cs@daokousec.com
Note: The above Chinese version is for reference only, if there is any discrepancy between the original English text, the English version shall prevail.
