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ility of the Bank’s sales and trading businesses relating to the class of securities or financial instruments for which such analyst is responsible. BofA Merrill Lynch Global Credit Research analysts regularly interact with sales and trading desk personnel in connection with their research, including to ascertain pricing and liquidity in
Page: HOUSE_OVERSIGHT_014729 →which is regu jon in Hong Kong and are not directed to, or Lynch (Taiwan); is issued and distributed in India by DSP Merrill Advisers Regulations) by Merrill Lynch Interna dd 198602883D respectively). MLIBLMB and Merrill Lynch (Singapore) are ralia) and Merrill Lynch Equities (Australia) Limited (ABN 65 006 276 795), AF
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®, | Lynch clients and may not be redistributed, Lynch Global Research reports are distributed horized use or disclosure
ined under the Financial Advisers Regulations) by Merrill Lynch Interna Bank Limited (Merchant Bank} (MLIBLMB} and Merrill
®, | Lynch clients and may not be redistributed, Lynch Global Research reports are distributed horized use or disclosure
o F&S and not such ributed in the Uni ntern K): Merrill Lynch In d, regulated by the A mmission (HKSFC); ated by t
up 6.75% on the back of a strong seasonal rally errill Lynch Global Research. Prices reflective of most recently available dat
one or more o istributed to F&S and not such K): Merrill Lynch In d, regulated by the A mmission (HKSFC); ated by t
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