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Research Activities Disclaimers

Research reports are provided for informational purposes only. While the information and opinions contained in the reports have been obtained from sources believed to be reliable, Moomoo Singapore ("Moomoo SG") makes no representation or warranty as to their adequacy, completeness, accuracy, or timeliness for any particular purpose. Opinions and estimates are subject to change without notice.

Where specific products are advertised and/or recommended, please note the following:

(i) The recommendation is intended for general circulation;

(ii) The recommendation does not take into account the specific investment objectives, financial situation or particular needs of any particular person;

(iii) Advice should be sought from a financial adviser regarding the suitability of the investment product, taking into account the specific investment objectives, financial situation or particular needs of any person in receipt of the recommendation, before the person makes a commitment to purchase the investment product. Should the person choose not to do so, he should consider carefully whether the product is suitable for him. In particular, all relevant documentations pertaining to the product should be read to make an independent assessment of the appropriateness of the transaction.

(iv) The advertisement has not been reviewed by the Monetary Authority of Singapore, or any regulatory authority elsewhere.

Any past performance, projection, forecast or simulation of results is not necessarily indicative of the future or likely performance of any investment. The value of any product and any income accruing to such product may rise as well as fall. Foreign exchange transactions involve risks. The reader should note that fluctuations in foreign exchange rates may result in losses in foreign exchange.

The research analyst of Moomoo SG who produces research reports hereby certifies that (1) the views expressed in the report accurately reflect his/her personal views about all of the subject corporation(s) and securities in this report; (2) the report was produced independently by him/her; (3) he/she does not carry out, whether for himself/herself or on behalf of Moomoo SG or any other person, any of the related business involving any of the mentioned corporation(s) or securities referred to in the research report; and (4) he/she has not received and will not receive any compensation that is directly or indirectly related or linked to the recommendations or views expressed in this report or to any sales, trading, dealing or corporate finance advisory services or transaction in respect of the securities in this report.

To the extent permitted by law, Moomoo SG accepts no liability whatsoever for any direct, indirect or consequential losses or damages arising from or in connection with the use or reliance of the research report or its contents.

Any research reports published is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. The information is provided in Singapore by Moomoo Singapore which is an Exempt Financial Adviser as defined in the Financial Advisers Act and regulated by the Monetary Authority of Singapore.

Please refer to this link for General Advertisement Disclaimers.