Frequently Asked Questions About Margin Financing In The Japanese Stock Market

Frequently asked questions about Margin Financing in the Japanese Stock Market

1. Q: What is the interest rate for Japanese stock market margin financing services? 

A: The margin financing interest rate is 3.5% p.a., this rate will apply to all margin financing transactions involving Japanese yen currency. The cash account overdue settlement interest rate is 8% p.a., applicable to any outstanding balance that remains unpaid beyond the specified settlement deadline. CSBHK reserves the rights to adjust interest rates above without prior notice. Please refer to the latest service charges posted on our official website (click here for detail).

2. Q: How can I check the Japan stock margin financing list? 

A: As we will regularly review and update the Japan stock margin financing list, you need to contact your account manager or call our customer service hotline to inquire about the latest information. 

Customer service hotline: 400-818-0338 or 2237-9338 (Monday to Friday, 9:00 am to 6:00 pm, excluding public holidays).

3. Q: How can I exchange Japanese yen? Can it be done on the same day? 

A: To exchange Japanese yen, you need to contact your account manager or call our customer service hotline for manual processing. Please note that the cut-off time for accepting exchange instructions is 12:00 pm on business days. The conversion of yen will be effective on the second business day following the date of the conversion request. 

4. Q: If I apply for Japanese yen exchange on the second day (T+1) after buying Japanese stocks, can I meet the T+2 settlement deadline without incurring interest? 

A: Even if you apply for Japanese yen exchange on T+1, it is possible that due to holidays in Japan or Hong Kong, the T+2 settlement deadline may not be met, resulting in interest charges. Below tables are three scenarios for your reference. Yet please note that these examples may not cover all possible situations. Investors should be aware of currency exchange and settlement arrangements.