obligations preferred by PRC or Hong Kong law on a liquidation or reorganisation of the Issuer. Small Deposit Priorities Under the Companies (Winding

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1 China Construction Bank (Asia) Corporation Limited Issue of CNY 100,000,000 Fixed Rate Certificate of Deposit ( CD ) due November 2016 Please note that this Certificate of Deposit is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. An acceptance to the terms and conditions on this material will represent that you understand and acknowledge this Certificate of Deposit is not a protected deposit and is not protected by the Deposit Protection Scheme. Termsheet Issuer: China Construction Bank (Asia) Corporation Limited CMU code: BOAKFC15042 Type: Fixed Rate Certificate of Deposit Issuer Rating: (A rating is not a recommendation to buy, sell or hold securities/cd and may be A2 (Moody s) as at 10 November 2015 subject to suspension, change or withdrawal at any time by the assigning rating agency.) Issue Date 17 November, 2015 Maturity Date*: 17 November, 2016 Coupon: Coupon frequency: Fixed Rate 3.4 per cent. per annum Annual Senior unsecured. Status of the CD: The Deposits to be evidenced by the CDs constitute the direct, unconditional, unsubordinated and unsecured obligations of the Issuer and will at all times, under the laws of the PRC and Hong Kong, rank equally and rateably without preference or priority among themselves except for Small Deposit Priorities (as defined in the Programme Agreement) and at least equally and rateably in all respects with all other unsecured and unsubordinated obligations of the Issuer including its obligations in respect of all other present and future deposits except for Small Deposit Priorities, obligations in respect of taxes and any other

2 obligations preferred by PRC or Hong Kong law on a liquidation or reorganisation of the Issuer. Small Deposit Priorities Under the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32) of Hong Kong, where a bank which is a company is wound up in Hong Kong, each depositor on the date that the winding up commences will rank as a priority creditor for a maximum of HK$500,000, regardless of the number of deposits. Structure: Plain vanilla Currency & Amount of the CNY 100,000,000 issue: Interest Commencement 17 November, 2015 Date: Denomination: CNY 50,000 Minimum Investment CNY 50,000 Amount: Redemption at maturity: At par (100%) Interest Payment Date*: 17 November, 2016 Business Day Convention: If any Interest Payment Date, including the Maturity Date, (applicable to Interest Payment would otherwise fall on a day which is not a Business Day it Date and Maturity Date) shall be postponed to the next day that is a Business Day unless it would then fall into the next calendar month, in which event such date shall be brought forward to the immediately preceding Business Day. Day Count Fraction: Actual / 360 Business Days: Hong Kong Listing None Lodging, Calculation & Citicorp International Limited Paying Agent: Clearing: CMU Law: Hong Kong Law Description of Issuer : As at June 30, 2009, CCB (Asia) has 29 branches in Hong Kong and 6 branches in Macau. It offers a wide range of consumer, retail and commercial banking products and services to customers through these branches. For Consumer Banking, CCB (Asia) offers a range of banking services from conventional banking, foreign exchange and cash services, to tailor-made deposits, loans, investments, consolidated banking, insurance and electronic banking services to meet the various banking needs of our individual customers. For Commercial Banking, CCB (Asia) provides a range of financial services which include various trade financing, working capital and term lending, foreign exchange, leasing,

3 insurance, investment and electronic banking services. CCB (Asia) reported consolidated profit after tax of HK$282.5 million for the financial year ended December 31, 2008, a decrease of 53% over the financial year ended December 31, As at December 31, 2008, its consolidated total assets and equity amounted to HK$68,708 million and HK$8,879 million, respectively. Contact Information of Issuer : Fees & Charges : Place of Incorporation: Registered Address: Safe Custody Waived Interest Collection Waived Redemption at Maturity Waived Hong Kong 16/F, York House The Landmark 15 Queen s Road Central Hong Kong * Actual payment dates are subject to the payment received from the relevant custodian which maybe beyond the stated date due to time zone difference and different lead time required by individual paying agent.

4 Risk Factors There are investment risks involved in buying the CD. Before applying for any of the CD, you should consider whether the CD is suitable for you in light of your own financial circumstances and investment objectives. If you are in any doubt, get independent professional advice. The CD is mainly for medium to long term investment, not for short term speculation. You should be prepared to invest your funds in the CD for the full investment tenor; you could lose part or all of your investment if you choose to sell the CD prior to maturity. It is the issuer who pays interest and repays principal of the CD. If the issuer defaults, the holder of the CD may not be able to receive back the interest and principal. The holder of the CD bears the credit risk of the issuer and has no recourse to HSBC unless HSBC is the issuer itself. Indicative price of the CD are available and the CD s price do fluctuate when market changes. Factors affecting market price of the CD include, and are not limited to, fluctuations in Interest Rates, Credit Spreads, and Liquidity Premiums. The fluctuation in yield generally has a greater effect on prices of longer tenor CDs. There is an inherent risk that losses may be incurred rather than profit made as a result of buying and selling the CD. If you wish to sell CDs, HSBC may repurchase it based on the prevailing market price under normal market circumstances, but the selling price may differ from the original buying price due to changes in market conditions. There may be exchange rate risks if you choose to convert payments made on the CD to your home currency. The secondary market for the CD may not provide significant liquidity or may trade at prices based on the prevailing market conditions and may not be in line with the expectations of the CD holders. If the CD is early redeemed, you may not be able to enjoy the same rates of return when you re-invest the funds in other investments CD is NOT equivalent to a time deposit. It is NOT protected under the Hong Kong Deposit Protection Scheme. Do not invest in the CD unless you fully understand and are willing to assume the risks associated with it. RMB currency risk - You should note that the value of RMB against other foreign currencies fluctuates and will be affected by, amongst other things, the PRC government s control (for example, the PRC government regulates conversion between RMB and foreign currencies), which may adversely affect your return under the RMB products when you convert RMB into your home currency.

5 Interest rate risk - The value of RMB denominated Certificates of Deposit are subject to interest rate fluctuations, which may adversely affect the return and performance of the RMB products. Liquidity risk - The secondary market for the RMB denominated Certificates of Deposit may not provide significant liquidity or trade at prices based on the prevailing market conditions, which may cause the holders to suffer significant loss especially where their prices have large bid/offer spreads, and may not be in line with the expectations of the holders. Limited availability of underlying investments denominated in RMB - The RMB denominated Certificates of Deposit may not have access to invest directly in Mainland China, which means that its choice of underlying investments denominated in RMB outside Mainland China may be limited. As such, there may be adverse effects on the return and performance of RMB denominated Certificates of Deposit. Possibility of not receiving RMB upon redemption - The RMB denominated Certificates of Deposit may have a significant portion of non- RMB denominated underlying investments. There is a possibility that you will not receive the full amount in RMB upon redemption. This may be the case if the issuer is not able to obtain sufficient amount of RMB in a timely manner due to the exchange controls and restrictions applicable to the currency.

6 Investor s Commitment and Acknowledgements When you place your order for the CD, you are deemed to make a series of confirmations and acknowledgements, including that you: (i) (ii) (iii) (iv) have read and understood this Term Sheet, including the risks of investing in the CD as explained in the section Risk Factors ; understand that you should refer to the Information Memorandum, which are available upon request, for further details on the terms of the CD and risks involved and understand that the Offering Circular/Information Memorandum is only available in English version confirm that you are prepared to invest your funds in the CD for the full investment tenor; you could also lose part or all of your investment if you choose to sell your CD prior to maturity. You should make sure you have sufficient liquid emergency funds to meet any unforeseen circumstances. understand that this document is not intended to provide and should not be relied upon for tax, legal or accounting advice, investment recommendations or credit worthiness or other evaluation of the Issuer; prospective investors should consult their tax, legal, accounting and/or other advisors.

7 How to find out the current market value of your investment after purchase? The current market value of your investment will be available upon request. Please contact our staff at any HSBC branch in Hong Kong. Note: If you have any feedback or complaint about any aspect of the service you have received, please contact our Hong Kong branches, call (852) for HSBC Premier customers, (852) for HSBC Advance customers or (852) for Other Personal Banking customers, or write to the Customer Relations Department at P.O. Box No Kowloon Central Post Office, or send an to We will respond to a complaint within a reasonable period of time normally not exceeding 30 days in general circumstances. If you are not satisfied with the outcome of your complaint, you have the right to refer the matter to the Enforcement Department of Hong Kong Monetary Authority at 55th Floor Two International Finance Centre, 8 Finance Street, Central, Hong Kong. For monetary dispute, you have the right to refer the matter to the Financial Dispute Resolution Centre at 15/F, Stanhope House, 734 King s Road, Quarry Bay, Hong Kong. Disclaimer The Hongkong and Shanghai Banking Corporation Limited ( HSBC ) has issued this document. The information in this document does not constitute a solicitation for the purchase or sale of any security, commodity or this CD. Any opinions expressed therein are given in good faith, but are subject to change without notice. No liability is accepted whatsoever for any direct or consequential loss arising from the use of this document. Please note that the above rates or prices are for indicative purposes only and may vary in accordance with changes in market condition. Distribution of this document may be restricted by law in certain jurisdictions and the information contained herein is to the recipients and may not be reproduced or otherwise disseminated. HSBC and its affiliates and/or officers, directors and employees may have positions in any instruments or currencies mentioned in this document and may from time to time add to or dispose of such instruments or currencies. User of the information is advised to make independent judgment with respect to any matter contained herein. Issued by The Hongkong and Shanghai Banking Corporation Limited ( HSBC ). The Hongkong and Shanghai Banking Corporation Limited is the distributor which is a wholly owned subsidiary of HSBC Holdings plc, the holding company of the HSBC Group. The Hongkong and Shanghai Banking Corporation Limited Authorised and Regulated by Hong Kong Monetary Authority A registered institution under the Securities and Futures Ordinance, with Central Entity Identity Number AAA523 Registered Office: 1 Queen s Road Central, Hong Kong Tel: , Member HSBC Group

8 中國建設銀行 ( 亞洲 ) 股份有限公司發行 100,000,000 人民幣定息存款證 2016 年 11 月到期請注意本存款證並非受保障存款, 且並不受香港存款保障計劃之保障接納本文件條款及條件將表示閣下理解及承認本存款證並非受保障存款, 且並不受香港存款保障計劃之保障條款表發行人 : CMU 編號 : 類別 : 發行人評級 : ( 評級並不代表建議購買出售或持有證券 / 存款證, 且可由授予評級之機構隨時終止更改或撤銷 ) 發行日期 : 到期日期 *: 票息 : 票息頻率 : 存款證地位 : 中國建設銀行 ( 亞洲 ) 股份有限公司 BOAKFC15042 定息存款證 A2 ( 穆迪, 於 2015 年 11 月 10 日 ) 2015 年 11 月 17 日 2016 年 11 月 17 日每年 3.4% 定息每年度高級無抵押以存款證方式取得的存款構成該發行人之直接無條件無抵押及非後償債務, 且根據中國及香港法例, 彼等之間將一直享有同等地位, 並無任何優惠權或優先權 ( 小額存款優先權 ( 定義見計劃協議 ) 除外 ), 且至少在所有方面與該發行人的所有其他無抵押及非後償債務 ( 包括其所有其他現有及未來存款的債務 ) 享有同等地位, 惟不包括小額存款優先權稅務債務及根據中國或香港法例在該發行人清盤或重組時享有優先權的任何其他債務

9 結構 : 發行貨幣及金額 : 計息開始日期 : 面額 : 最小投資額 : 小額存款優先權根據香港公司 ( 清盤及雜項條文 ) 條例 ( 第 32 章 ), 當一間銀行公司在香港清盤時, 各存款戶於清盤開始之日將位列最高 500,000 港元之優先債權人, 不論有多少筆存款基本型人民幣 100,000,000 元 2015 年 11 月 17 日人民幣 50,000 元人民幣 50,000 元到期贖回 : 按面值 (100%) 利息支付日期 *: 營業日慣例 : ( 適用於利息支付日期及到期日期 ) 2016 年 11 月 17 日計息日期慣例 : 實際日期 / 360 營業日 : 倘利息付款的任何截止日期, 包括到期日期, 並非香港營業日, 則應推遲至下個營業日, 除非下個營業日為下個日曆月, 則在此情況下, 該日應為緊接截止日期的前一個營業日香港上市 : 發行支付及計算代理 : 結算 : 法律 : 發行人簡介 : 無 Citicorp International Limited CMU 香港法律截至 2009 年 6 月 30 日, 中國建設銀行 ( 亞洲 ) 在香港設有 29 間分行及澳門設有 6 間分行透過該等分行, 建行 ( 亞洲 ) 為其顧客提供廣泛的個人零售及商業銀行產品及服務就個人銀行而言, 建行 ( 亞洲 ) 提供從傳統銀行外匯及現金服務, 到定制存款貸款投資綜合銀行保險及電子銀行服務等範圍廣泛的銀行服務, 滿足個人客戶對各類銀行服務之需求就商業銀行而言, 建行 ( 亞洲 ) 提供包括各類貿易融資營運資本及定期借貸外匯租賃保險投資及電子銀行服務等一眾金融服務建行 ( 亞洲 ) 於截至 2008 年 12 月 31 日止財年錄得除稅後綜合溢利億港元, 較截至 2007 年 12 月 31 日止財年下跌 53% 截至 2008 年 12 月 31 日, 其綜合資產及權益總額分別為億港元及億港元發行人聯絡資料 : 註冊成立地址 : 香港註冊辦事處地址 : 香港中環皇后大道中十五號置地廣場約克大廈十六樓

10 服務收費託管服務豁免代收利息豁免到期贖回豁免 * 有關款項的實際支付日期視乎收到相關託管人的付款日期基於時差原因或個別支付代理不同的處理時間, 有關款項的實際支付日期可能遲於日期所述

11 風險因素本存款證涉及投資風險在投資於本存款證之前, 投資者應就本身的財政狀況及投資目標, 考慮是否適合投資於本存款證如有任何疑問, 應諮詢獨立專業顧問的意見本存款證主要提供中長期的投資, 並不是短線投機的工具你應準備於整段投資期內將資金投資於本存款證上 ; 若你選擇在到期日之前提早出售本存款證, 可能會損失部份或全部的投資本金額本存款證的利息和本金是由發行者去償還如果發行者不履行契約, 存款證持有人可能無法取回本存款證的利息和本金存款證持有人須承擔發行者的信貸風險, 且不能向滙豐追討任何賠償, 除非滙豐本身為該存款證之發行者滙豐提供本存款證的參考價格, 其價格可能會及確會波動影響本存款證價格的因素包括, 但不限於, 利率, 信貸息差及流通性溢價的波動而孳息率的上落對越長年期的存款證價格影響一般較大買賣存款證帶有風險, 投資者未必能夠賺取利潤, 可能會招致損失如你打算出售經滙豐代您購入的存款證, 滙豐可在正常市場下, 按市價進行有關交易但基於市場變動, 賣出價與原定的買入價可能不同倘若你選擇將存款證所支付的付款兌換為本國貨幣, 可能須承受匯率波動的風險發行人提供的二手市場或不能提供龐大的流通量或按對持有人有利之價格買賣, 且可能與存款證持有人之預期不符如本存款證被提早贖回, 您轉而投資於其他投資項目, 未必能取得相同回報存款證並非定期存款, 並不受香港存款保障計劃之保障除非你完全理解並願意承擔其所涉及之風險, 否則不應投資於存款證人民幣貨幣風險 - 閣下應注意, 人民幣兌其他外幣的匯率可能出現波動, 並會受到 ( 其中包括 ) 中國政府控制 ( 例如中國政府對人民幣與外幣兌換作出的監管 ) 等因素的影響, 從而可能會在閣下將人民幣兌換為本地貨幣時對人民幣產品的回報產生不利影響利率風險 - 人民幣計值存款證的價值受利率波動影響, 這可能影響人民幣產品的回報及表現流動性風險 - 人民幣計值存款證的二手市場或不能提供龐大的流通量或按當時市場狀況的價格買賣, 特別當存款證的價格存在較大的買賣差價, 可能會導致存款證持有人蒙受重大損失, 及可能不符合存款證持有人的期望

12 按人民幣計值的相關投資之選擇有限 - 人民幣計值存款證可能無法直接投資於中國內地, 這意味著其對中國內地以外按人民幣計值的相關投資之選擇可能受限因此, 人民幣計值存款證之回報及表現可能會受到不利影響在贖回時可能無法取得人民幣款項 - 人民幣計值存款證可能擁有大部份非人民幣計值相關投資閣下在贖回時可能將無法悉數取得人民幣款項假如發行人因外匯管制及適用貨幣的限制而無法及時取得充足的人民幣款項, 可能就會出現這種情況

13 投資者責任及聲明投資者向分銷商購買本存款證時, 投資者將被視為作出一系列承諾及聲明, 包括 : (i) 已閱讀及理解本條款概要內, 包括風險因素部分所說明的有關投資本存款證的風險 ; (ii) 明白應參閱可向滙豐索取的資料備忘錄, 以便獲得本存款證條款的進一步資料及所涉及風險, 且明白發售通函 / 資料備忘錄僅提供英文版本 (iii) 確認準備於整段投資期內將資金投資於本存款證上 ; 若投資者選擇在到期日之前提早出售本存款證, 可能會損失部分或全部的投資本金投資者應確保擁有充足的流動應急資金, 以備不時之需 (iv) 明白本文不擬提供稅務法律或會計意見投資建議或對發行人的誠信或其他方面進行評估, 投資者亦不應依賴本文作上述用途準投資者應諮詢其稅務法律會計及 / 或其他顧問在投資存款證後, 怎樣查詢存款證的市值? 您可聯絡滙豐在香港的各分行查詢閣下投資的市值注意:如您對我們的服務有任何意見或投訴, 請聯絡我們在香港的任何分行致電 (852) ( 滙豐卓越理財客戶 ),(852) ( 運籌理財客戶 ) 或 (852) ( 其他個人理財客戶 ) 致函我們的客戶關係部 ( 九龍中央郵政局郵政信箱號 ) 或電郵至 feedback@hsbc.com.hk 我們在一般情況下會於合理的時間 ( 通常 30 日 ) 內回覆客戶的投訴若您對投訴結果仍有不滿, 您有權將個案轉交香港金融管理局的法規部處理, 地址為香港中環金融街 8 號國際金融中心 2 期 55 樓有關金錢糾紛, 您有權將個案轉交金融糾紛調解中心 ( 香港鰂魚涌英皇道 734 號樂基中心 15 樓 ) 處理免責聲明香港上海滙豐銀行有限公司 ( 滙豐 ) 刊發本文件本文件所載資料並不構成買賣任何證券商品或本存款證之要約本文件內發表之意見乃真誠地發表, 惟可未經通知而改變滙豐概不就使用本文件所導致之任何直接或相應而生之損失接納任何責任謹請注意, 上述利率及價格乃僅供參考, 並可能根據市況而變動若干司法管轄區之法律可能限制派發本文件, 而本交件中所載之資料乃僅供收件人閱覽, 不得複製或以其他形式傳佈滙豐及其聯屬公司及 / 或高級職員董事及僱員可能就本文件所述之任何金融工具或貨幣持倉, 並可不時增加或出售有關金融工具或貨幣使用資料之人士務請就其中所載之任何事宜作出獨立判斷由香港上海滙豐銀行有限公司 ( 滙豐 ) 刊發香港上海滙豐銀行有限公司是分銷商, 為滙豐集團旗下控股公司滙豐控股有限公司的全資附屬公司香港上海滙豐銀行有限公司經由香港金融管理局授權及監管

14 根據 << 證券及期貨條例 >> 註冊為註冊機構, 於證券及期貨事務監察委員之中央註冊編號為 AAA523 註冊辦事處 : 香港皇后大道中 1 號電話 : , 滙豐集團成員

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untitled CHINA CITIC BANK INTERNATIONAL LIMITED (formerly known as CITIC Ka Wah Bank Limited) Issue of RMB 700,000,000 Fixed Rate Certificate of Deposit ( CD ) due March 2015 Please note that this Certificate of