%PDF-1.6
%
1 0 obj
<<
/Lang (en-US)
/Metadata 2 0 R
/OpenAction 3 0 R
/Outlines 4 0 R
/PageLayout /SinglePage
/PageMode /UseOutlines
/Pages 5 0 R
/Type /Catalog
>>
endobj
6 0 obj
<<
/CreationDate (D:20221108084954+08'00')
/Creator <4D6963726F736F6674AE20576F72642032303136>
/ModDate (D:20221108085017+08'00')
/Producer <4D6963726F736F6674AE20576F72642032303136>
/Schematic (58719635:HSBC:1)
>>
endobj
2 0 obj
<<
/Length 3168
/Subtype /XML
/Type /Metadata
>>
stream
2022-11-08T08:49:54+08:00
Microsoft® Word 2016
2022-11-08T08:50:17+08:00
2022-11-08T08:50:17+08:00
Microsoft® Word 2016
application/pdf
uuid:96eb35bd-9a4d-440f-83c8-5c2c1203ea92
uuid:e07069a3-07c9-47ef-8f8a-13f01513ebde
endstream
endobj
3 0 obj
<<
/D [7 0 R /Fit]
/S /GoTo
>>
endobj
4 0 obj
<<
/First 8 0 R
/Last 9 0 R
/Type /Outlines
>>
endobj
5 0 obj
<<
/Count 9
/Kids [7 0 R 10 0 R 11 0 R 12 0 R 13 0 R 14 0 R 15 0 R 16 0 R 17 0 R]
/Type /Pages
>>
endobj
7 0 obj
<<
/Annots [18 0 R 19 0 R]
/Contents 20 0 R
/Group <<
/CS /DeviceRGB
/S /Transparency
/Type /Group
>>
/MediaBox [0 0 595.32 842.04]
/Parent 5 0 R
/Resources <<
/ExtGState <<
/GS5 21 0 R
/GS9 22 0 R
>>
/Font <<
/F1 23 0 R
/F10 24 0 R
/F2 25 0 R
/F3 26 0 R
/F4 27 0 R
/F5 28 0 R
/F6 29 0 R
/F7 30 0 R
/F8 31 0 R
/F9 32 0 R
>>
/ProcSet [/PDF /Text /ImageB /ImageC /ImageI]
/XObject <<
/Meta4 33 0 R
>>
>>
/Tabs /S
/Type /Page
>>
endobj
8 0 obj
<<
/Count -4
/Dest [10 0 R /XYZ 167 728 0]
/First 34 0 R
/Last 35 0 R
/Next 36 0 R
/Parent 4 0 R
/Title (Steady recovery)
>>
endobj
9 0 obj
<<
/Dest [17 0 R /XYZ 40 728 0]
/Parent 4 0 R
/Prev 36 0 R
/Title (Disclaimer)
>>
endobj
10 0 obj
<<
/Contents 37 0 R
/Group <<
/CS /DeviceRGB
/S /Transparency
/Type /Group
>>
/MediaBox [0 0 595.32 842.04]
/Parent 5 0 R
/Resources <<
/ExtGState <<
/GS5 21 0 R
/GS9 22 0 R
>>
/Font <<
/F1 23 0 R
/F11 38 0 R
/F2 25 0 R
/F4 27 0 R
/F5 28 0 R
/F9 32 0 R
>>
/ProcSet [/PDF /Text /ImageB /ImageC /ImageI]
/XObject <<
/Meta41 39 0 R
>>
>>
/Tabs /S
/Type /Page
>>
endobj
11 0 obj
<<
/Contents 40 0 R
/Group <<
/CS /DeviceRGB
/S /Transparency
/Type /Group
>>
/MediaBox [0 0 595.32 842.04]
/Parent 5 0 R
/Resources <<
/ExtGState <<
/GS5 21 0 R
/GS9 22 0 R
>>
/Font <<
/F1 23 0 R
/F12 41 0 R
/F2 25 0 R
/F5 28 0 R
/F6 29 0 R
/F9 32 0 R
>>
/ProcSet [/PDF /Text /ImageB /ImageC /ImageI]
/XObject <<
/Meta41 39 0 R
/Meta51 42 0 R
/Meta52 43 0 R
>>
>>
/Tabs /S
/Type /Page
>>
endobj
12 0 obj
<<
/Contents 44 0 R
/Group <<
/CS /DeviceRGB
/S /Transparency
/Type /Group
>>
/MediaBox [0 0 595.32 842.04]
/Parent 5 0 R
/Resources <<
/ExtGState <<
/GS5 21 0 R
/GS9 22 0 R
>>
/Font <<
/F1 23 0 R
/F13 45 0 R
/F2 25 0 R
/F5 28 0 R
/F6 29 0 R
/F9 32 0 R
>>
/ProcSet [/PDF /Text /ImageB /ImageC /ImageI]
/XObject <<
/Meta41 39 0 R
/Meta60 46 0 R
/Meta61 47 0 R
/Meta62 48 0 R
/Meta64 49 0 R
>>
>>
/Tabs /S
/Type /Page
>>
endobj
13 0 obj
<<
/Contents 50 0 R
/Group <<
/CS /DeviceRGB
/S /Transparency
/Type /Group
>>
/MediaBox [0 0 595.32 842.04]
/Parent 5 0 R
/Resources <<
/ExtGState <<
/GS5 21 0 R
/GS9 22 0 R
>>
/Font <<
/F1 23 0 R
/F2 25 0 R
/F5 28 0 R
/F6 29 0 R
/F9 32 0 R
>>
/ProcSet [/PDF /Text /ImageB /ImageC /ImageI]
/XObject <<
/Meta41 39 0 R
/Meta68 51 0 R
/Meta69 52 0 R
>>
>>
/Tabs /S
/Type /Page
>>
endobj
14 0 obj
<<
/Contents 53 0 R
/Group <<
/CS /DeviceRGB
/S /Transparency
/Type /Group
>>
/MediaBox [0 0 595.32 842.04]
/Parent 5 0 R
/Resources <<
/ExtGState <<
/GS5 21 0 R
/GS9 22 0 R
>>
/Font <<
/F1 23 0 R
/F2 25 0 R
/F5 28 0 R
/F9 32 0 R
>>
/ProcSet [/PDF /Text /ImageB /ImageC /ImageI]
/XObject <<
/Meta41 39 0 R
>>
>>
/Tabs /S
/Type /Page
>>
endobj
15 0 obj
<<
/Contents 54 0 R
/Group <<
/CS /DeviceRGB
/S /Transparency
/Type /Group
>>
/MediaBox [0 0 595.32 842.04]
/Parent 5 0 R
/Resources <<
/ExtGState <<
/GS5 21 0 R
/GS9 22 0 R
>>
/Font <<
/F1 23 0 R
/F2 25 0 R
/F5 28 0 R
/F6 29 0 R
/F9 32 0 R
>>
/ProcSet [/PDF /Text /ImageB /ImageC /ImageI]
/XObject <<
/Meta41 39 0 R
/Meta74 55 0 R
>>
>>
/Tabs /S
/Type /Page
>>
endobj
16 0 obj
<<
/Annots [56 0 R]
/Contents 57 0 R
/Group <<
/CS /DeviceRGB
/S /Transparency
/Type /Group
>>
/MediaBox [0 0 595.32 842.04]
/Parent 5 0 R
/Resources <<
/ExtGState <<
/GS5 21 0 R
/GS9 22 0 R
>>
/Font <<
/F1 23 0 R
/F10 24 0 R
/F2 25 0 R
/F9 32 0 R
>>
/ProcSet [/PDF /Text /ImageB /ImageC /ImageI]
/XObject <<
/Meta41 39 0 R
>>
>>
/Tabs /S
/Type /Page
>>
endobj
17 0 obj
<<
/Contents 58 0 R
/Group <<
/CS /DeviceRGB
/S /Transparency
/Type /Group
>>
/MediaBox [0 0 595.32 842.04]
/Parent 5 0 R
/Resources <<
/ExtGState <<
/GS5 21 0 R
/GS9 22 0 R
>>
/Font <<
/F1 23 0 R
/F2 25 0 R
/F5 28 0 R
/F9 32 0 R
>>
/ProcSet [/PDF /Text /ImageB /ImageC /ImageI]
/XObject <<
/Meta41 39 0 R
>>
>>
/Tabs /S
/Type /Page
>>
endobj
18 0 obj
<<
/A <<
/S /URI
/Type /Action
/URI (https://www.research.hsbc.com/)
>>
/BS <<
/W 0
>>
/F 4
/Rect [380.5 19.29 505.48 31.29]
/Subtype /Link
>>
endobj
19 0 obj
<<
/A <<
/S /URI
/Type /Action
/URI (mailto:AskResearch@hsbc.com)
>>
/BS <<
/W 0
>>
/F 4
/Rect [190.93 120.09 292.6 132.09]
/Subtype /Link
>>
endobj
20 0 obj
<<
/Length 7373
/Filter /FlateDecode
>>
stream
x=mo6/=FIQm^E{@qlj}q437$Z+ɴf8wo>&7Y*k^̤Y](v_g˷ox^*ϵjUTUUM?̾[eMTc >|_}du}~03u
>}(wo|%%XwXebhiй%O%E uDnb~19jb4](9<+F]6LCÑu^V$O|0 GY;>=`n;J6bEa]N
\^ez8G2xivcih5ܭ>-rR5ʚ%664kɲU^&i/^!zyAxZo&1D̈Jt5h^,9uHMk=]8_0t]#U;ֶ!=CK,=&OMRQ9rǎ_kE^(-O%ȕs"gU T˜Cmzw $a) 3m.)0=(`|~ %KFQFг[ 2"JnQxUd0z>m|5~#RP ˛1(BvDjhZ2mBLb\R)u;"y?;ۂ%ʘ@kuH\;xnHlF! @e_I;a3Cc#Gl^tFDYnɅ]R
Qvov_<"Qs̑5z7|34A{{'/}-6Sgj
2 72\\
)q
VC_9ԝAR;T38!Mnx}]p"⺳A)R87[ڍ!|AUfh>k#x^