Chong Hing Bank : Issue of U.S.$300,000,000 5.50 per cent. Undated Non-Cumulative Subordinated Additional Tier 1 Capital Securities under the U.S.$2,000,000,000 Medium Term Note and Perpetual Capital Securities Programme of Chong Hing Bank Limited

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement is for information purposes only and does not constitute an invitation or solicitation of an offer to acquire, purchase or subscribe for securities or an invitation to enter into an agreement to do any such things, nor is it calculated to invite any offer to acquire, purchase or subscribe for any securities.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred to herein will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States or to a U.S. person except pursuant to an exemption from or in a transaction not subject to, the registration requirements of the Securities Act. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the Company making the offer, its management and financial statements. The Company does not intend to make any public offering of securities in the United States.

NOTICE OF LISTING ON

THE STOCK EXCHANGE OF HONG KONG LIMITED

(Incorporated in Hong Kong with limited liability) (Stock Code: 01111)

Issue of U.S.$300,000,000 5.50 per cent. Undated Non-Cumulative Subordinated

Additional Tier 1 Capital Securities (the "Perpetual Capital Securities") (Stock Code: 40329)

under the U.S.$2,000,000,000 Medium Term Note and

Perpetual Capital Securities Programme of Chong Hing Bank Limited (the "Programme")

Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners

BOC International	CMBC Capital	CMB International
CLSA	Yue Xiu Securities Company	Chong Hing Bank Limited
	Limited
Joint Lead Managers and Joint Bookrunners
ABC International		CCB International

Application has been made to The Stock Exchange of Hong Kong Limited ("SEHK") for the listing of, and permission to deal in, the Perpetual Capital Securities to be issued under the Programme as described in the offering circular dated 24 July 2020 prepared in respect of the Programme and the pricing supplements dated 27 July 2020 and 29 July 2020 prepared in respect of the Perpetual Capital Securities. The Perpetual Capital Securities will be offered to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on the SEHK and in the Securities and Futures Ordinance (Cap. 571) of Hong Kong) only. Permission to deal in the Perpetual Capital Securities is expected to become effective on 4 August 2020.

3 August 2020

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As at the date of this announcement, the board of directors of Chong Hing Bank Limited comprises:

• Executive Directors
  Mr ZongJianxin (Deputy Chairman and Chief Executive) and Mr LauWai Man (Deputy Chief Executive);
• Non-executiveDirectors
  Mr ZhangZhaoxing (Chairman), Mr LiFeng, Mr ChowCheuk Yu Alfred and Ms ChenJing; and
• Independent Non-executive Directors
  Mr ChengYuk Wo, Mr MaChiu Cheung Andrew, Mr LeeKa Lun and Mr YuLup Fat Joseph.

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