CH K's comment on HSI-HM7. All Comments

CH K
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Anyone know how to retrive the profit back? Since HS index below 20500. Is it Directly into our account?
R.Y. SOO
yes, the banker will auto doing the calculation whether is gain or loss; then after will bank in to your account or send the cheque to you.
Like · 2 years · translate
R.Y. SOO
the settlement will take 3 - 10 working days, depends on the merchant bank. For my experience, CIMB is the fastest, 3 days to your bank account. Kenanga very slow moving take 8-10 days, some more send the cheque to your, FAINTED. others banker not sure.
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R.Y. SOO
Oh ya, friendly remind, for the CW, the expire days is consider the 5th day. the merchant bank will the last 5 day VWAP in average to do the final settlement and NOT the closing price.
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R.Y. SOO
bTW, this is HSI, I think has no VWAP.
Like · 2 years · translate
R.Y. SOO
VWAP = daily average transaction price
1 Like · 2 years · translate