"KE Holdings Inc has just made a fortune, XPeng Inc. US stock IPO is coming again soon, are you ready to make a new one? "
"how do US stocks hit the new ones? All my money is in Hong Kong stocks. Can't I get new without US dollars in my account? ".
Don't worry, full positions of Hong Kong stocks and no US dollars can participate in the innovation of US stocks!
First, the first three steps of the US stock market innovation.
Before formally participating in the innovation of US stocks, you need to complete three steps:Open a US stock securities account--Enter the gold--Open US stocks to play a new Futu inc. Account
Why do you want to open Futu inc. Account? Futu inc. The account is dedicated to US stocks to play new, Futu Inc. It is a wholly owned subsidiary of Fortune Group, a licensed securities entity in the United States, and is regulated by the Securities and Exchange Commission (SEC).
In order to make your new funds safer, open Futu inc as soon as possible. Account!
Second, how to operate the US stock market in a new way?
Opened the US stock market to play the new Futu inc. After the account, we transfer the money from the securities account to Futu inc. Account, you can start the U. S. stock market to play new!
Case 1, if there is US dollar cash in the account, how to renew the US stock market?
Us stocks need to be submitted for subscription in US dollars. There are only two steps to complete the subscription: capital transfer + application for subscription.
Step1:Transfer US dollars from US stock securities accounts to Futu inc. For the account, click "funds transfer"-[Futu Inc. Account], enter the transfer amount and subscribe in two minutes without waiting for the funds to arrive.
Step2:Go to the transaction page, click [New share subscription]-[US Stock], and select the new stock you are interested in to subscribe.
Case 2, if there is no US dollar cash in the account, how to refresh the US stock market?
My securities account has no US dollars, only stocks, Hong Kong dollars and other assets, what should I do? Two solutions to the problem!
Option 1: cross-market financing for US stocks, no need for foreign exchange, quick and convenient
We recommend that you use cross-market purchasing power!
Note: cross-market purchasing power is actually the US dollar loan that Futu gives you according to the total assets of the account, which will generate a certain interest (the annualized interest rate is 4.8%, which is equivalent to the loan of 10,000 US dollars, and the daily interest rate is only US $1.32), but it does not need to occupy the assets of your original securities account. More convenient and faster. Transfer the money lent to you directly to Futu inc. Account, you can subscribe for new shares in 2 minutes!
Step1:Check whether cross-market purchasing power is openedPoke here, quickly upgrade cross-market purchasing power!
Step2:Going back to situation 1, go to the fund transfer page and subscribe immediately. You will find that the transferable amount has changed from 0 to positive, which is cross-market purchasing power.
Cross-market purchasing power is so convenient and fast, but it should be noted that after using it, your US stock account may be negative. This is because the US stock account originally has no transferable funds, and the use of cross-market purchasing power will result in a sum of arrears. You can use the "currency exchange" function to convert Hong Kong dollars into US dollars to fill up the arrears.
Warm reminder: there is an upper limit on the total amount of cross-market financing, cross-market financing channels will be closed after consumption, friends in need suggest to operate as soon as possible!
Option 2: convert assets into US dollars and easily refresh without interest.
Of course, if you don't want to pay interest, there is a second way-to convert the assets of your securities account into dollars!
This operation has both advantages and disadvantages, such as longer time-consuming, more cumbersome steps, exchange rate losses or income losses, and so on. We sort out the ways to cash assets into US dollars one by one. Everyone has different opinions.
Warm Tip: currency exchange arrives in real time on weekdays and closes on weekends and holidays. There is no service charge for exchange, and there is a loss on exchange.