other non-mainland exchanges. The Hang Seng China Enterpri<;es index (hiSCE I) includes the largest and most liquid H-shares traded in Hong Kong. HigiFyield itlY) describes bonds which are sub-investment grade. 12. =rm... C.:WA•nlAmt,:cx. ati 6x.IA:t..w 7015 CONFIDENTIAL — PURSUANT TO FED. R. GRIM. P