We study the effects of electron-hole asymmetry on the electronic structure of helical edge states
in HgTe/HgCdTe quantum wells. In the framework of the four-band kp-model, which takes into
account the absence of a spacial inversion centre, we obtain analytical expressions for the energy
spectrum and wave functions of edge states, as well as the effective g-factor tensor and matrix
elements of electro-dipole optical transitions between the spin branches of the edge electrons. We
show that when two conditions - electron-hole asymmetry and the
absence of an inversion centre - are simultaneously satisfied, the spectrum of edge electrons deviates from the linear one, and we obtain the corresponding corrections.