Terms of Service

AdCho (the "Site") is operated by KFChow AI Lab ("we", "us", "our"), based in Hong Kong.

Last updated: 2026-11-06

1. Agreement

These Terms of Service (the "Terms") govern your access to and use of the Site and the services made available through it (together, the "Service"). By accessing or using the Service you agree to be bound by these Terms and our Privacy Policy. If you do not agree, do not use the Service.

2. The Service

AdCho is a qualitative research layer over QuantOrb. It reads the SEC filings behind the money flow, together with market news and sentiment, and turns them into AI-powered, document-grounded readings (per-ticker tear sheets).

The Service is provided for information and business purposes. It is not intended for children, and we do not knowingly collect data from anyone under 18.

3. Accounts

Where the Service requires an account, you must provide accurate and current information and keep it up to date. You are responsible for all activity under your account and for keeping your credentials confidential. Tell us immediately at helen.ha@kfchow.com if you suspect unauthorised access.

4. Subscriptions, fees and orders

Where the Service is offered under a paid plan or subscription:

• fees are as shown on the Site at the time of order, and may change on at least 30 days' notice;
• subscriptions renew automatically unless cancelled before the end of the current term;
• fees are non-refundable except where required by law;
• taxes are your responsibility. AdCho is offered alongside QuantOrb. Current plan details and prices are shown on the QuantOrb pricing page.

5. Acceptable use

You agree not to:

• use the Service for any unlawful purpose, or to breach any applicable law;
• send unsolicited commercial messages, or breach any anti-spam or telemarketing law, including the Unsolicited Electronic Messages Ordinance (Cap. 593) of Hong Kong, the EU ePrivacy Directive (direct-marketing provisions), the UK GDPR and PECR, the U.S. CAN-SPAM Act, the Canadian Anti-Spam Legislation (CASL) and the Telephone Consumer Protection Act (TCPA);
• scrape, crawl or use automated means to extract content from the Service, except through documented interfaces and within stated limits;
• resell, redistribute or make available to third parties any content or data from the Service, except as expressly permitted;
• interfere with the operation or security of the Service;
• use the Service to build a competing product, or to train, fine-tune or evaluate any machine-learning or AI model.

6. Intellectual property

The Site and its content (text, graphics, logos, data compilations and software) are the property of KFChow AI Lab or its licensors and are protected by Hong Kong and international intellectual property laws. We grant you a limited, non-exclusive, non-transferable, revocable licence to access and use the Service for its intended purpose. All third-party trademarks are the property of their respective owners. The readings, data and rankings made available through the Site are licensed under our Data License Agreement, which restricts redistribution and use for training competing AI models.

7. Data protection

We handle personal data in accordance with our Privacy Policy and the Personal Data (Privacy) Ordinance (Cap. 486) of Hong Kong. Where we process personal data on your behalf, our Data Processing Agreement applies. You are responsible for your own compliance with data protection and anti-spam law in how you use any data obtained from the Service. Our Acceptable Use Policy forms part of these Terms and sets out the uses of the Service that are prohibited.

8. Disclaimers

The Service is provided "as is" and "as available". To the maximum extent permitted by law we disclaim all warranties, express or implied, including merchantability, fitness for a particular purpose, accuracy and non-infringement. AdCho's readings are generated by AI from the SEC record. They are provided for information only and are not investment advice, a recommendation, or a solicitation to buy or sell any security. They are readings of the record, not verified facts, and should be treated as one input to your own judgement.

9. Limitation of liability

To the maximum extent permitted by law, KFChow AI Lab will not be liable for any indirect, incidental, special, consequential or punitive damages, or for lost profits, revenue, data or goodwill, arising out of or in connection with the Service. Our total liability is limited to the greater of (a) the amounts you paid us in the twelve (12) months before the event giving rise to the claim, or (b) HKD 1,000. Nothing in these Terms excludes liability that cannot be excluded by law, or limits any statutory consumer right or mandatory implied term that cannot be excluded (including under the Control of Exemption Clauses Ordinance (Cap. 71) and the Sale of Goods Ordinance (Cap. 26) of Hong Kong).

10. Indemnification

You agree to indemnify and hold harmless KFChow AI Lab from claims arising out of your use of the Service, your content, or your breach of these Terms.

11. Term and termination

We may suspend or terminate your access if you breach these Terms, if required by law, or if necessary to protect the Service or third parties. You may stop using the Service at any time. Provisions that by their nature should survive termination do so.

12. Export controls and sanctions

You represent that you are not located in, or a national or resident of, any country or territory subject to comprehensive trade sanctions administered by the United States, the United Nations, the European Union or the United Kingdom, and that you are not on any restricted-party list maintained by those authorities.

13. Force majeure

Neither party is liable for failure to perform due to events beyond its reasonable control.

14. Governing law and dispute resolution

These Terms are governed by the laws of the Hong Kong Special Administrative Region. Any dispute arising out of or in connection with these Terms will be referred to and finally resolved by arbitration administered by the Hong Kong International Arbitration Centre (HKIAC) under the HKIAC Administered Arbitration Rules, with its seat in Hong Kong, conducted in English by a single arbitrator. Either party may seek injunctive or other equitable relief from a court to protect its intellectual property or confidential information.

15. General

These Terms, together with our Privacy Policy and any documents incorporated by reference, are the entire agreement between you and us. You may not assign these Terms without our written consent. If any provision is unenforceable, the remainder continues in effect. No third party may enforce these Terms under the Contracts (Rights of Third Parties) Ordinance (Cap. 623) of Hong Kong. Each party will comply with applicable anti-corruption law, including the Prevention of Bribery Ordinance (Cap. 201) of Hong Kong.

16. Contact

Questions about these Terms: helen.ha@kfchow.com · Privacy: helen.ha@kfchow.com · Security: helen.ha@kfchow.com · Reports of misuse: helen.ha@kfchow.com