RULES and REGULATIONS

(1) The Utrade Stock Challenge is a real-time simulation trading of the Hong Kong Stock Market. Every participant will be credited 500,000.00 points (and one point represents HK$1.00 in the game) as initial capital in their mock trading account in order to trade all stocks and warrants listed on The Stock Exchange of Hong Kong Limited.

(2) All the quotes provided by the trading platform are delayed.
The trading hours are between 10am and 12:30pm, 2:30pm and 4pm.
Subject to the relevant terms and conditions, all participants are allowed to join the Utrade Stock Challenge on or before a deadline of each game period upon successful registration at hkatv.com web site.

(3) In the Utrade Stock Challenge, all transactions will be done on a cash basis. No margin financing will be available in the Utrade Stock Challenge.
Participants are able to place orders via hkatv.com’s web site (which is the only medium for placing orders) upon their successful login.
All orders placed will only be processed during trading hours on a trading day on which The Stock Exchange of Hong Kong Limited is open for business. For the orders which are not processed yet, they will be granted the status of “placing”.

(4) Participants are able to place limit buy or sell order in the Utrade Stock Challenge. i.e., a designated price must be input as the order price. Orders with no specific price will not be allowed.

(5) Participants are able to place their buy or sell orders within 5 spreads of the market price. These orders will be at the status of “in market” since they are not yet executed as per the market price by the time the orders are placed. Orders which are placed at the price range out of the aforesaid criteria may be prompted a warning signal prior to being processed.

(6) Trades that are not executed during trading hours will be automatically cancelled at 4pm.
Prior to the execution of an order, the credit amount or stock associated with the particular transaction will be put at the “Active Buy Order” slot. The withheld balance will only be released if the order has been changed or cancelled.

(7) All orders may be changed or cancelled when they are at the stage of “placing.” However, once the order has been executed, it becomes irrevocable.
After the order has been executed, the cash and stock balances will be updated instantly. Participant will be able to utilize the renewed cash and stock balances in the next order which he/she is going to place.

(8) Participants are able to monitor the transaction status of their orders on screen in the “Active Orders” screen. For historical executed orders record, participants can refer to the “Trade History” window.

(9) By the end of every game round, all stocks on hand will be liquidated (i.e. will be sold with commission, stamp duty, levy and CCASS fees charged). The aforesaid amount added to the cash balance will be the final points the participants obtained.
If the stocks or warrants holding on hand are suspended on the last trading day of the Utrade Stock Challenge, it will be calculated on the last closing price of the stocks or warrants.

(10) If the stocks or warrants holding on hand are privatized, de-listed or expired, the value of the stocks or warrants will become zero.
In each round, the participant who generates the highest return with the initial capital will become the winner of the Utrade Stock Challenge.
There will be announcement on winners within 10 working days after the end of each round. Winners will also be notified through email or regular mail or by telephone.

(11) The operation of the Utrade Stock Challenge is subject to all relevant law, rules and regulations and each participant shall observe all lawful requests made by eSun.com for the purpose of compliance with such law, rules and regulations.

(12) If the actual daily turnover at the Stock Exchange of Hong Kong Limited of a particular stock does not exceed HK$3,000,000 on a particular trading day, all orders (buy/sell) of that stock which have been executed in the Utrade Stock Challenge during the day may be cancelled without prior notification.
ESun.com.com reserves the right to disqualify any registered participant.

(13) The results of any round of the Utrade Stock Challenge shall be finalized by eSun.com.

TERMS and CONDITIONS

(1) Prior to your joining to the Utrade Stock Challenge, you must read thoroughly, understand and accept all Rules and Regulations of the Utrade Stock Challenge by clicking ''I Agree'' with your submission of the registration form for the Utrade Stock Challenge.

(2) Only individual persons who are at or over the age of 18 are eligible to participate in the Utrade Stock Challenge. Employees of eSun.com and their family members are not eligible to participate in the Utrade Stock Challenge.

(3) Only one registration is allowed for every participant. In case of multiple registration, or inaccurate or invalid information provided at registration, participant will risk disqualification and he/she will not be entitled to any prizes.
No substitution or transfer of prizes is allowed.

(4) Winners are required to collect their prizes as per the designated date, time and venue arranged by eSun.com.

(5) Except where prohibited, winners, by accepting any prizes, consent to the use of their names and photographs or likeness by eSun.com and TradingGuru.com Securities Limited.

(6) In case the winners cannot be contacted after reasonable means of communications (i.e, email, mail or telephone communications) have been applied within 5 working days after the result is announced, eSun.com reserves the right in determining the mechanics of selecting the other winners regarding the Utrade Stock Challenge.
The orders placed at the Utrade Stock Challenge will be processed in a timely manner, subject to market conditions, system performance and other associated factors. ESun.com is not responsible for any computer or human error which compromises the administration or proper play of the Utrade Stock Challenge. ESun.com reserves the right in its sole discretion to cancel or modify the Utrade Stock Challenge or modify the Rules and Regulations and Terms and Conditions at any time without notice.
The operation of the Utrade Stock Challenge is subject to eSun.com obtaining all relevant approvals and licenses, and may or may not proceed.