--- title: 'User Data Authorisation and Acknowledgement — HK' sidebar_label: 'Data Authorisation (HK)' id: legal_user-data-authorization-hk slug: '/legal/user-data-authorization-hk' sidebar_position: 1 --- Please read this Authorisation carefully before proceeding. **By completing and submitting this Authorisation, you acknowldge and confirm that you have read, understood, and agree to be bound by all terms set out below in connection with the Longbridge Developers.** **1. Background** Longbridge AI Technologies Limited and its relevant affiliates (collectivly, "**Longbridge**") provides programmatic interfaces through which market data, account functionalities, and related services are encapsulated and made available to users in the form of Command-Line Interface tools, Model Context Protocol integrations, and other developer tools and services (collectively, "**Longbridge Developers**"). Users may access and invoke the relevant interfaces based on their own needs and integrate them with third-party AI terminals or applications selected by the users (including, without limitation, OpenClaw, Claude Code, Cursor, and similar tools). Upon installation and successful connection, users may interact with the Longbridge Platform and/or their platform or securities accounts (where applicable) through such third-party terminals or applications. This Authorisation governs: (a) the sharing of your selected account data among the relevant Longbridge group entities and with relevant third-party AI terminal operators as you selected ("**Third-Party AI Terminals**"); and (b) the terms on which instructions you issue through Third-Party AI Terminals are treated as your own instructions for the purpose of executing securities transactions. **2. Data Sharing Authorisation and Purpose of Sharing** **2.1 Authorised Data Scope** The categories of data covered by this Authorisation are displayed below and/or under "Quotes Permission" section on the OAuth authorisation page, and are subject to your selection. Unless otherwise specified, data related to securities trading will generally be shared by Long Bridge HK Limited ("**Longbridge Securities**"), while other data will be shared by Longbridge Platform (as defined in the terms and conditions of Longbridge Platform). The data categories authorised by you will be shared by Longbridge with Third-Party AI Terminals solely for the purpose of enabling the function of the Longbridge Developers described herein. The data categories that may be available are organized into the following capability groups, with access granted on a feature-by-feature basis depending on the functionality selected on the relevant page. The specific set of available tools and their read / create / update / delete permissions may be added, adjusted or retired from time to time as Longbridge Developers evolves; the latest inventory is as published at [https://open.longbridge.com/docs/mcp](https://open.longbridge.com/docs/mcp) and on the OAuth authorization page: 1. **Real-time Market Data** --- Real-time market quotes and order-book data across markets. 2. **Fundamentals & Research** --- Company fundamentals and research data. 3. **Derivatives** --- Data relating to options, warrants and other derivatives. 4. **Account & Portfolio** --- Access to account, cash and position data, and the maintenance of portfolio constructs such as watchlists. 5. **Trading** --- Securities trade execution and the management of the order lifecycle. 6. **Automation** --- Management of automated tasks triggered by conditions you have pre-set. The specific functionality, coverage and read / write permissions within the categories above may be adjusted or expanded from time to time. Any newly added data capability category will be presented as a separately selectable item on the OAuth authorization page before being shared with any Third-Party AI Terminal, and the corresponding data will only be shared after you have actively selected it and completed the authorization. **2.2 Further Sharing with Third-Party AI Terminals** By granting authorization hereunder, you acknowledge and agree that the authorisation you hereby grant to Longbridge may, to the extent necessary to fulfil the purposes of Longbridge Developers, be further shared with Third-Party Terminals. **2.3 Purpose of Sharing** The data shared pursuant to your selections above will be used exclusively to enable the functionality of the Longbridge Developers. No data will be shared for any other purpose without your separate consent. **2.4 Data Protection and Compliance** All data collection, storage, and processing activities are conducted in accordance with the Personal Data (Privacy) Ordinance ("**PDPO**") and other applicable data protection regulations. Longbridge will only retain your data for as long as is necessary to fulfil the purposes set out in this Authorisation, or as required by applicable law. You have the right to withdraw your consent, access your data, and request correction of inaccurate data, in each case in accordance with the PDPO. You may withdraw this Authorisation at any time by updating your settings within the Longbridge platform. Withdrawal will take effect prospectively and will not affect instructions already submitted or executed prior to the effective date of withdrawal. **3. Instructions Transmitted via Third-Party AI Terminals** **3.1 Nature and Effect of Instructions via Third-Party AI Terminals(when applicable)** You acknowledge and agree that when you issue instructions through Third-Party AI Terminals, which instructions shall be transmitted to and executed by Longbridge Securities: Longbridge acts solely as the developer of the Longbridge Developers. Longbridge and Longbridge Securities do not control, review, endorse, or assume any responsibility or liability for the content, instructions, recommendations, or outputs generated by any Third-Party AI Terminal, including any trading decisions or outcomes arising therefrom. The Third-Party AI Terminal with which you interact is the responsible party for the AI services provided to you and you remain solely responsible for independently evaluating and verifying any information or recommendations provided by Third-Party AI Terminal before taking any action. The Third-Party AI Terminal transmits instructions on your behalf to Longbridge Securities for execution, but does not itself initiate, modify, interpret, or exercise any discretion over any instruction. Each instruction transmitted via Third-Party AI Terminal must be initiated by you through an explicit and deliberate user action. No instruction will be automatically generated, triggered, or executed without your input and confirmation. No Third-Party AI Terminal has constituted/ currently constitutes /will constitute an agent, representative, investment adviser, or decision-making entity of any Longbridge group entity or of you personally. Longbridge Securities executes instructions strictly in accordance with your authorisation, on an execution-only basis, without providing investment advice or exercising discretion. **By granting this Authorisation, you expressly permit the Third-Party AI Terminal you deploy to submit order instructions to Longbridge Securities on your behalf. Such instructions, once confirmed and transmitted, shall be treated as your own instructions to Longbridge Securities and shall be binding upon execution. Each instruction originates from, and is solely attributable to, you as the account holder. You agree that Longbridge Securities is entitled to act on such instructions without further verification of your identity beyond the authentication carried out at login.** **4. Risk Acknowledgement** You acknowledge and accept the following risks: The value of investments may rise or fall and past performance is not indicative of future results. Instructions transmitted via Third-Party AI Terminal on behalf of you to Longbridge are binding upon execution. Longbridge shall not be liable for any losses arising from instructions that you authorise, including instructions transmitted through any Third-Party AI Terminal. You are solely responsible for reviewing and verifying the accuracy of all instructions before they are submitted, regardless of the interface used. Third-Party AI Terminal may make errors in understanding or transmitting instructions. You should always confirm the details of any instruction before authorising it. Third-Party AI Terminal, as the entities responsible for AI terminal services, are obligated to comply with the PDPO and all other applicable Hong Kong laws in connection with the collection and processing of your data. You acknowledge that Longbridge does not control Third-Party AI Terminal's data practices and that you should review the privacy policies of any third-party AI terminal before use. **5.** **Risk Warning --- Connecting Your Securities Account** Linking your brokerage or securities account to Third-Party Terminal grants the AI the ability to access account data and, depending on permissions, to place, modify, or cancel orders on your behalf. **This may result in partial or total loss of your assets.** By enabling this connection, you acknowledge and accept the following risks: **AI errors.** Third-Party Terminal may misinterpret instructions, hallucinate data, select the wrong ticker, quantity, price, or order side, or execute trades that do not match your intent. **Prompt injection attacks.** Malicious content hidden in emails, documents, websites, files, or other data sources may hijack the AI into executing unauthorized trades or transferring assets without your knowledge. **Rogue or compromised Third-Party Terminal servers.** Third-Party Terminal servers may not be audited. A malicious or breached server may intercept credentials, manipulate market data, or trigger unauthorized actions. **Scope creep in multi‑step workflows.** Agentic AI may take broader actions than you intended when chaining tools, documents, or accounts. **Credential and session risks.** API keys, OAuth tokens, or session credentials used to authenticate the MCP connection may be leaked, reused, or abused. **Market risk amplified by automation.** Even technically correct orders may incur losses due to slippage, volatility, or timing, and errors may be executed faster than you can intervene. **Limited audit trail.** AI agent actions may not be fully captured by your broker's or employer's standard monitoring systems, making detection and recovery of unauthorized trades difficult. **Legal and regulatory exposure.** Trades executed by an AI agent on your account are generally treated as *your* trades. You remain fully responsible for all resulting losses, taxes, margin calls, and regulatory consequences. **6. General Terms** This Authorisation is governed by, and construed in accordance with, the laws of Hong Kong. Any dispute arising out of or in connection with this Authorisation shall be subject to the exclusive jurisdiction of the Hong Kong courts. This Authorisation supplements, but does not replace, the terms and conditions of Longbridge Platform, service rules including the Privacy Policy and other relevant terms or agreements. Please read carefully and thoroughly understand the foregoing documents and the contents of this Authorisation so as to make an informed authorization. Longbridge reserves the right to amend this Authorisation form from time to time. Material changes will be notified to you in advance and, where required by applicable law, will require your re-confirmation. If any provision of this Authorisation is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.