Are there any dividends for Hong Kong stock CFD products?

Hong Kong stock CFD products have dividends, and will be calculated according to the actual contract size of the customer. Doo Prime will draw 1 from the actual dividends as a handling fee.

Among them, long positions will receive dividends distributed by the listed company, while short positions will be deducted from the corresponding dividends. The calculation formula is as follows:

    • Calculation formula for long positions: number of hands * contract specification * dividend per share * (1-1) / exchange rate
    • Short position calculation formula: lot size * contract specification * dividend per share * (1+1) / exchange rate

Example:
The client holds a long position of 1 lot of Xiaomi Group stock CFDs in Doo Prime. At this time, Xiaomi Group announced a cash dividend distribution plan of HK$1 per share.

The Xiaomi Group CFD provided by Doo Prime has a specification of 1,000 shares per lot, and the customer will receive 126.92 US dollars after deducting the dividend handling fee;

    • Calculation formula: lot size (1) * contract size (1,000) * dividend per share (1) * (1-1) / HKD/USD exchange rate (take 7.8 as an example) = 126.92

If the client holds a short position, it will be deducted $129.49.

    • Calculation formula: Lot size (1) * Contract size (1,000) * Dividend per share (1) * (1+1) / HKD/USD exchange rate (take 7.8 as an example) = 126.92

(*Note: The results shown above are for reference only, the calculation will be changed according to the real-time exchange rate conversion, and may differ from the actual interest charged)

The calculation results of all dividends and the total handling fee will be deducted from the client's trading account, and you can check it in the account's historical orders.

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Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance. Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with us. You should seek independent professional advice if you do not understand the risks disclosed by us herein.

Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance. Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with us. You should seek independent professional advice if you do not understand the risks disclosed by us herein.