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As a result, the actual and perceived creditworthiness of HSBC may affect the market value of the Notes and, in the event HSBC were to default on its obligations, you may not receive the amounts owed to you under the terms of the Notes.
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While the equity securities comprising the Reference Asset are common shares of companies generally considered to be involved in various segments of the European financial services industry, the equity securities comprising the Reference Asset and the Reference Asset may not necessarily follow the price movements of the entire industry.
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Cl Cit. RCl LltL. J b5r. The Notes are not designed to be short-term trading instruments, and you should, therefore, be able and willing to hold the Notes to maturity.
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Jul 14, · 1LLKL K LKL K. Investment in the Notes involves certain risks. You should refer to “Selected Risk Considerations” beginning on page 4 of this document and “Risk Factors” beginning on page S-2 of the Equity Index Underlying Supplement and page S-1 of the prospectus supplement.
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