Cookie Policy

Use of cookies

Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site. The table below explains the cookies we use and why.

Essential cookies

Name	Source	Purpose	Expiration
cookie-agreed	AXA IM	Know if a user has accepted or refused the collection of cookies	100 days
cookie-agreed-categories	AXA IM	Categories of cookies accepted by the user.	100 days
professional	AXA IM	Cookie to display the professional disclaimer.	30 days
warning-banner	AXA IM	Cookie to avoid displaying the warning banner on every page once it's been closed once.	1 day
ASM feature cookies	AXA IM	Secure areas of the website	1 year
Kaltura	AXA IM	Enable videos	1 year
__TAG_ASSISTANT	Google	Allows GTM preview to be generated	1 session

Analytics cookies [/Advertising cookies] by third parties

Analytics Cookies [/Advertising Cookies] are used by third parties to collect data to understand how you (user) interact with our website and particular part of it. These insights allow us both to improve content and to build better features that improve the user's experience.

When a user visits our website for the first time, a unique identifier is randomly generated and stored as a cookie in the user's browser. The information stored in the cookie helps Google Analytics differentiate between a new user and a returning user and keep track of the number of times each user visits our website, the time users spend on a webpage, search terms used, and how they came to the site (website traffic).

This unique identifier alongside the user’s website traffic is shared with Google Inc and stored in the USA, a country that is not recognized by data protection authorities as providing an adequate level of protection to personal informationdata. Therefore, appropriate safeguards have been implemented through Standard Contractual Clauses with Google Inc to comply with GDPR and national data protection laws requirements for transfers of data to the USA. A copy of such Clauses are available Google Cloud Standard Contractual Clauses. For the avoidance of doubt, notwithstanding the disclosures above, no personal data is collected through the use of cookies on this Website, and accordingly, no personal data is used for marketing or advertising through the use of cookies.

Name	Source	Purpose	Expiration
_ga	google.com	Used to distinguish users	2 years
_gid	google.com	Used to distinguish users	24 hours
_gat	google.com	Used to throttle request rate. If Google Analytics is deployed via Google Tag Manager, this cookie will be named _dc_gtm_<property-id>	1 minute
AMP_TOKEN	google.com	Contains a token that can be used to retrieve a Client ID from AMP Client ID service. Other possibilities values indicate opt-out, inflight request or an error retrieving a client ID from AMP Client ID service.	30 seconds to 1 year
_gac_<property-id>	google.com	Contains campaign related information for the user. I you have linked you Google Analytics and Google Ads accounts, Google Ads website conversion tags will read this cookie unless you opt-out.	90 days
gtags.js	google.com	These cookies are used to collect information about how visitors use this Site. We use the information to help us improve our site through the collection of anonymized information (e.g. number of visitors to website and where visitors have come to the site from).	1 year
analytics.js	google.com	These cookies are used to collect information about how visitors use this Site. We use the information to help us improve our site through the collection of anonymized information (e.g. number of visitors to website and where visitors have come to the site from).	1 year
ga.js	google.com	These cookies are used to collect information about how visitors use this Site. We use the information to help us improve our site through the collection of anonymized information (e.g. number of visitors to website and where visitors have come to the site from).	1 year
_gaexp	google.com	These cookies are used to collect information about how visitors use this Site. We use the information to help us improve our site through the collection of anonymized information (e.g. number of visitors to website and where visitors have come to the site from).	1 year

Advertising cookies

Name	Source	Purpose	Expiration
YouTube	YouTube	These cookies store your unique identify browser and internet device information/ How to block: Click on the ‘’Refuse’’ button at the bottom of the page or delete these cookies through your browser settings.	1 year
LinkedIn	LinkedIn	These cookies store your unique identify browser and internet device information/ How to block: Click on the ‘’Refuse’’ button at the bottom of the page or delete these cookies through your browser settings.	1 year
Facebook	Facebook	These cookies store your unique identify browser and internet device information/ How to block: Click on the ‘’Refuse’’ button at the bottom of the page or delete these cookies through your browser settings.	1 year
Twitter	Twitter	These cookies store your unique identify browser and internet device information/ How to block: Click on the ‘’Refuse’’ button at the bottom of the pavge or delete these cookies through your browser settings.	1 year
IDE	doubleclick.net	Google also use one or more cookies for advertising that we serve across the web. One of the main advertising cookies on non-Google sites is named ‘IDE‘ and is stored in browsers under the domain doubleclick.net.	548 days
SIDCC	google.com	This cookie carries out information about how the end user uses the website and any advertising that the end user may have seen before visiting the said website.	90 days
SSID	google.com	This cookie carries out information about how the end user uses the website and any advertising that the end user may have seen before visiting the said website.	710 days
NID	google.com	Most Google users will have a preferences cookie called ‘NID’ in their browsers. A browser sends this cookie with requests to Google’s sites. The NID cookie contains a unique ID that Google uses to remember your preferences and other information, such as your preferred language (e.g. English), how many search results you wish to have shown per page (e.g. 10 or 20) and whether or not you wish to have Google’s SafeSearch filter turned on. Google uses cookies like NID and SID to help customise adverts on Google properties, such as Google Search.	183 days
ANID	google.com	We also use one or more cookies for advertising that we serve across the web. One of the main advertising cookies on non-Google sites is named ‘IDE‘ and is stored in browsers under the domain doubleclick.net. Another is stored in google.com and is called ANID. We use other cookies with names such as DSID, FLC, AID, TAID and exchange_uid. Other Google properties, such as YouTube, may also use these cookies to show you more relevant adverts.	710 days
SAPISID	google.com	This DoubleClick cookie is generally set through the site by advertising partners, and used by them to build a profile of the website visitor's interests and show relevant ads on other sites. This cookie works by uniquely identifying your browser and device.	710 days
APISID	google.com	This DoubleClick cookie is generally set through the site by advertising partners, and used by them to build a profile of the website visitor's interests and show relevant ads on other sites. This cookie works by uniquely identifying your browser and device.	710 days
HSID	google.com	Google use cookies called ‘SID’ and ‘HSID’ which contain digitally signed and encrypted records of a user’s Google account ID and most recent sign-in time. The combination of these two cookies allows us to block many types of attack, such as attempts to steal the content of forms that you complete on web pages.	710 days
SID	google.com	Google use cookies called ‘SID’ and ‘HSID’ which contain digitally signed and encrypted records of a user’s Google account ID and most recent sign-in time. The combination of these two cookies allows us to block many types of attack, such as attempts to steal the content of forms that you complete on web pages. Google uses cookies like NID and SID to help customise adverts on Google properties, such as Google Search.	710 days
SEARCH_SAMESITE	google.com	SameSite prevents the browser from sending this cookie along with cross-site requests
1P_JAR	google.com	This cookie carries out information about how the end user uses the website and any advertising that the end user may have seen before visiting the said website.	30 days
DSID	doubleclick.ne	Cookies which are used to link your activity across devices if you’ve previously signed in to your Google Account on another device. We do this to coordinate that the ads you see across devices and measure conversion events. These cookies may be set on the domains google.com/ads, google.com/ads/measurement or googleadservices.com.	13 days
__gads	doubleclick.net	Sometimes advertising cookies may be set on the domain of the site that you’re visiting. In the case of advertising that we serve across the web, cookies (e.g. cookies named ‘__gads’ or ‘__gac’) may be set on the domain of the site that you’re visiting. Unlike cookies that are set on Google’s own domains, these cookies can’t be read by Google when you’re on a site other than the one on which they were set. They serve purposes such as measuring interactions with the ads on that domain and preventing the same ads from being shown to you too many times.	679 days

How do I change my cookie settings?

You can change your cookie preferences at any time by clicking on the Manage Cookies button in the footer. You can then adjust the available sliders to ‘On’ or ‘Off’, then clicking ‘Save Preferences’. You may need to refresh your page for your settings to take effect.

Alternatively, most web browsers allow some control of most cookies through the browser settings. To find out more about cookies, including how to see what cookies have been set, visit https://www.aboutcookies.org or https://www.allaboutcookies.org.

Find out how to manage cookies on popular browsers:

Google Chrome
Microsoft Edge
Mozilla Firefox
Microsoft Internet Explorer
Opera
Apple Safari

To find information relating to other browsers, visit the browser developer's website.

To opt out of being tracked by Google Analytics across all websites, visit http://tools.google.com/dlpage/gaoptout.

Disclaimer

This website is published by AXA Investment Managers Asia Limited (“AXA IM HK”), an entity licensed by the Securities and Futures Commission of Hong Kong (“SFC”), for general circulation and informational purposes only. It does not constitute investment research or financial analysis relating to transactions in financial instruments, nor does it constitute on the part of AXA Investment Managers or its affiliated companies an offer to buy, sell or enter into any transactions in respect of any investments, products or services, and should not be considered as solicitation or investment, legal, tax or any other advice, a recommendation for an investment strategy or a personalised recommendation to buy or sell securities under any applicable law or regulation. It has been prepared without taking into account the specific personal circumstances, investment objectives, financial situation, investment knowledge or particular needs of any particular person and may be subject to change at any time without notice. Offering may be made only on the basis of the information disclosed in the relevant offering documents. Please consult independent financial or other professional advisers if you are unsure about any information contained herein.

Due to its simplification, this publication is partial and opinions, estimates and forecasts herein are subjective and subject to change without notice. There is no guarantee such opinions, estimates and forecasts made will come to pass. Actual results of operations and achievements may differ materially. Data, figures, declarations, analysis, predictions and other information in this publication is provided based on our state of knowledge at the time of creation of this publication. Information herein may be obtained from sources believed to be reliable. AXA IM HK has reasonable belief that such information is accurate, complete and up-to-date. To the maximum extent permitted by law, AXA IM HK, its affiliates, directors, officers or employees take no responsibility for the data provided by third party, including the accuracy of such data. This material does not contain sufficient information to support an investment decision. References to companies (if any) are for illustrative purposes only and should not be viewed as investment recommendations or solicitations.

All investment involves risk, including the loss of capital. The value of investments and the income from them can fluctuate and that past performance is no guarantee of future returns, investors may not get back the amount originally invested. Investors should not make any investment decision based on this material alone.

Some of the services listed on this Website may not be available for offer to retail investors.