SmartSave is an automated financial service provided by Futu HK for managing your uninvested cash. Once activated, uninvested cash in your securities account will be automatically invested into money market funds after the market closes on each trading day. If you have an account deficit, the system will automatically redeem the equivalent amount from your money market funds in the same currency to cover the deficit.

The money market funds you hold will go into your buying power, allowing you to trade stocks, participate in IPO subscriptions (0 financing interest applies), or invest in any other types of mutual funds.

1. SmartSave-Buy

Activate SmartSave-Buy to make use of your uninvested cash by setting a retained amount* and automatically investing the rest into money market funds at a fixed time 08::30 on each working day.

Note: The retained amount refers to the amount of cash you'd like to keep in your account. For example, if you have HK$1000 uninvested cash in your account and you set the retained amount as HK$400, then only HK$600HKD will be automatically invested into money market funds.

2. How to check your eligibility for SmartSave?

To be eligible for SmartSave-Buy, you require a cash account or margin account. SmartSave-Redeem is only available to margin accounts. You may activate or suspend SmartSave-Buy at any time.

3. SmartSave-Redeem

3.1 SmartSave for Single Currency Accounts

Activate SmartSave-Redeem and the money market funds you hold will be redeemed automatically when you place stock trades and subscribe to IPO stocks, or other types of mutual funds.

Note: SmartSave-Redeem is only available to margin accounts.

If you have a negative balance in your account, the system will automatically redeem an equal amount of Cash Plus (MMF) in the same currency at a fixed time* on each natural day.

● HKD Cash Plus (MMF) : 06:00/08:00 HKT

● USD Cash Plus (MMF) : 06:00/08:00 HKT

If you hold multiple MMFs, the MMFs will be redeemed in order of the lowest to the highest daily return.

Example

If you hold both MMF A and MMF B, and MMF A has a higher daily return for 10K, when your account balance is negative, MMF B will be redeemed first. MMF A will only be redeemed when the amount of MMF B is insufficient to cover the negative balance.

Note: The funds used for Hong Kong IPO subscriptions will be debited earlier than the fixed time, the system will redeem an equal amount of Cash Plus (MMF) earlier than the given time to avoid any interest charges.

3.2 SmartSave for Universal Accounts

3.2.1 Smart Buy

Activate Smart Buy to make use of your uninvested cash by setting a retained amount* and automatically investing the rest into Cash Plus (MMF) at a fixed time** on each trading day.

*The retained amount refers to the amount of cash you'd like to keep in your account. For example, if you have HK$1,000 uninvested cash in your account and you set the retained amount as HK$400, only HK$600 will be automatically invested into Cash Plus (MMF).

**The system will send a notification between 7:00 and 7:20 HKT and automatically invest in Cash Plus (MMF) between 8:30 and 9:00 HKT.

3.2 Smart Sell

Activate Smart Sell and your Cash Plus (MMF) positions will be redeemed automatically when you place stock trades and subscribe to IPO stocks or other types of mutual funds.

If you have a negative balance in your account, the system will automatically redeem an equal amount of money market funds (MMFs) in the same currency at fixed times* on each trading day.

*The fixed times refer to 06:00-06:40 HKT and 08:00-08:30 HKT.

If you hold multiple MMFs, the MMFs will be redeemed in order of the lowest to highest daily return.

For example, if you hold both MMF A and MMF B, and MMF A has a higher daily return for 10k, when your account balance is negative, MMF B will be redeemed first. MMF A will only be redeemed when the amount of MMF B is insufficient to cover the negative balance.

3.3 How to manage SmartSave

You can go to Wealth > Cash Plus > Manage SmartSave to activate/pause Smart Buy and Smart Sell.

4. Zero subscription and redemption fees

The SmartSave service doesn't charge any fees on automatic subscriptions and redemptions of money market funds.

*Note: In very rare cases, interest charges may apply due to the fact that the amount of money market funds redeemed is insufficient to cover the negative balance in your account. Therefore, we suggest you pay attention to the amount of funds you owe and the amount of funds redeemed.

5. Hong Kong IPO subscriptions

The HKD money market funds will be added to your buying power, which can be used to participate in IPO subscriptions.

When a negative account balance results from subscribing to Hong Kong IPO stocks, an equal amount of HKD money market funds will be redeemed automatically to cover the negative balance. If the amount of HKD money market funds redeemed is insufficient to cover the negative balance, you'll need to manually redeem USD money market funds and make a currency exchange, or use cash to repay the account deficit.

Notes:

1. Currency exchange is available 24*5.

2. When you redeem money market funds manually, it usually takes 2 business days (T+2) for the funds to settle and arrive in your account. To avoid any interest charges resulting from HK IPO subscriptions, we suggest you redeem your money market funds in another currency other than HKD in advance.

6. Add to your Buying Power

When you activate SmartSave, your holdings of money market funds go into your buying power at a ratio of 100:95.

Example

If the cash value of your money market funds equals 100 XYZ shares, the additional buying power of the money market funds will be equal to 100 * 0.95 = 95 XYZ shares.

Helpful？

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Overview

1. SmartSave-Buy
2. How to check your eligibility for SmartSave?
3. SmartSave-Redeem
3.1 SmartSave for Single Currency Accounts
3.2SmartSave for Universal Accounts
4. Zero subscription and redemption fees
5. Hong Kong IPO subscriptions
6. Add to your Buying Power

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關稅風暴暫離高壓區！市場能否迎來反彈？

當地時間4月22日，美國總統特朗普公開承認美國目前對中國出口商品的關稅過高，預計稅率將大幅降低；美國財政部長貝森特也表示中美雙方關稅戰將很快降溫。4月25日，特朗普表示將爲不同國家設定「公平的」關稅稅率。特朗普此次對華關稅態度的轉變，能否平息市場恐慌情緒？關稅拉鋸戰最終結局如何？ Show More

特朗普對華態度緩和！近期你會如何操作？

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Apr 14 07:43

"Leaving the Group - Raising Taxes - Tweeting: The 'Money Making Strategy' of the Most Wild Gemini in Contemporary Times"

It's said that Trump is a walking drama machine, raising tariffs today and praising China tomorrow, making stock investors feel like they are on a roller coaster every day. But if you have seen hisThe Art of Trade, and then take another look at hisGemini horoscope—Wow! This guy's approach is simply the business version of "Empresses in the Palace", with every step marked by the four big characters "I want to make money".
The main core strategy in the book "The Art of Trade" is the combination of business thinking and the art of gaming.
Its core logic can be summarized into the following five dimensions:
1. The underlying logic of "creating momentum" and "the combination of reality and illusion".
The book emphasizes "always let the other party make the first offer" and "exaggerate demand to gain leverage."

This strategy is often seen in tariff policies and trade negotiations.
[Example]
By imposing tariffs on various countries to create pressure, opponents are forced to the negotiation table, and then an agreement is reached through phased concessions.
II. Practical Application of the "Big Negotiation" Strategy

First, he scared everyone quite a bit, and then he gave a little reward.Imagine you are bargaining in a vegetable market, and Trump's approach is to first raise a loudspeaker and shout: "This pile of cabbage must be sold to me for 100 yuan today!" When the vendor is stunned, he suddenly rubs his hands and says: "But seeing that you are not having an easy time, let's settle for 80 yuan~"

[Example]
1. In 2018, tariffs were imposed on CN commodities, turning the global stock market into a green wilderness. Just when everyone was about to collapse, he suddenly signed a first-phase agreement and triumphantly tweeted: "No one understands deals better than I do!"

2. On April 2, 2025, ...

How to use SmartSave