Single natural day financing interest = interest-bearing amount * 6.8% p.a. / 365, minimum charge HK$0.01.
Example: A customer's account settlement amount is 0, borrow 50,000 HKD to buy 00700.HK, on T day and T+1 day, the account settlement amount will be 0, after the settlement on T+2 day, the account settlement amount will be -50,000, then interest starts to accrue.
There are two ways to repay the negatvie balance：
1）Selling Shares: The funds obtained from the sale of stocks will be settled on T+2, so on T and T+1 after the sale of shares, the account will still be in arrears and you will be charged interest.
2）Deposits: The Client's deposits will repay the arrears first, you will not be charged interest after you repay the debit.