January 9, 2024, at 00:00 (GMT+8) to March 11, 2024, at 00:00 (GMT+8).
Clients who didn't make their initial deposit before January 9, 2024.
Steps: Meet the requirement for participation → make the initial deposit → join the event and hold a fund (no particular order required).
Eligibility: Clients who make their initial deposit during the event period are eligible to join the event.
Two requirements:
(1) Hold a fund (PE funds not included)
(2) Join the event
Once you finish the above two steps, regardless of the order of completion, we'll start to calculate your cashback reward. You'll receive the 5% cashback in a lump sum 60 days later, and the maximum amount is HK$1,000. (The upper limit of position market value used to calculate daily cashback is HK$20,000 or equivalents in other currencies).
Join the event: Tap [Join Now (领取活动资格)] on the event page to join the event. Your eligibility will expire in 30 days.
Cashback calculation:
Daily Cashback = (Daily Position Market Value * 5%)/60
The cashback over the 60 days will be added up and credited to your account within three business days after the 60-day period ends (Shares that haven't been confirmed will not be used to calculate the cashback).
We will start calculating the cashback on the day you meet the above two requirements using the market value of your position on that day.
For example, suppose A joined the event on January 10 and held a fund position for the first time on 11 with a market value of HK$10,000; the calculation would start on January 11. Suppose B started having a fund position on January 16 and joined the event on 17; the calculation would start on January 17 using the market value of B's position on the day.
The cashback is calculated at 11 AM based on the position market value at 7 AM every day.
During the 60 days, the market value of your position can change, and you can even close the position. Your eligibility won't be affected.
Suppose the market value of a client's fund position is HK$20,000 on the first day, HK$10,000 on the second day, HK$30,000 on the third day, zero on the fourth day, and HK$10,000 during the fifth to 60th day. The table below shows how the cashback is calculated:
Day | Position market value on the day
| Amount used to calculate cashback
| Calculation (Amounts with a decimal are rounded up to two decimal places)
| Daily cashback |
1 | 20000 | 20000 | = (20000×5%)/60 ≈ 16.6667 | 16.67 |
2 | 10000 | 10000 | = (10000×5%)/60 ≈ 8.3333 | 8.34 |
3 | 30000 | 20000 | = (20000×5%)/60 ≈ 16.6667 | 16.67 |
4 | 0 | 0 | = (0×5%)/60 = 0 | 0 |
······ | 10000 | 10000 | = (10000 x 5%)/60 x 55 = 462 | 462 |
60 | 10000 | 10000 | = (10000×5%)/60 ≈ 8.3333 | 8.34 |
Total cashback |
|
| = 16.67+8.34+16.67+0+462+8.34 = 512.02 |
|
You can receive the 5% cashback reward after meeting the requirements. The reward will be given in the form of a cash coupon.
The cash coupon will be auto-redeemed, and the cash will be credited to your securities account.
Within 30 days after you join this program, you can't join other account opening reward programs, including the Special Account Opening Offer for New Options Traders (https://www.futuhk.com/support/topic2_1265) and the Welcome Rewards of January (https://www.futuhk.com/en/support/topic2_1286).
If you have joined any of the other two programs, you are not eligible for this one.
Participants must have an active Futu account to be eligible for promotion rewards.
Futu may revoke any improperly obtained rewards due to system errors or unauthorized activities without additional consent from the participant.
Futu holds the ultimate authority to interpret the rules of this promotion within legal limits.
All promotional data is subject to verification by Futu’s systems. In case of disputes, Futu’s decision is final.
This promotion is not an offer or endorsement of any securities or financial instruments. Investments carry risks, so please review the risk disclosure statement before investing.
"Opening an account" refers to setting up a Hong Kong or US stock trading account with Futu Securities International (Hong Kong) Limited.
"Depositing funds" involves transferring money from a bank account to your Futu account under the same name, confirmed by the daily statement.
Deposits or stock transfers in US dollars will be converted to Hong Kong dollars at 1 USD to 7.82 HKD. Deposits in CNY are excluded.
When depositing funds to your online-opened Futu account, you must use the bank account specified during account setup, and the minimum deposit is 10,000 HKD. If you wish to deposit from a different bank, you'll need to link the new account to your Futu account and also meet the 10,000 HKD minimum deposit requirement.
We calculate your daily average asset balance by dividing your total assets, as shown on your daily statement, by the number of days. On days without a new statement, we'll use the last available statement's figures. Keep in mind that the daily cut-off for these statements is 4 PM, so any transactions made after that time will be reflected in the following day's balance.
This promotion is only valid if you meet all the requirements within the promotional period and cannot be combined with other offers, unless we say otherwise. In the event of any inconsistencies, the terms provided here will take precedence unless Futu has agreed to different terms in writing. For more details or if you have questions, please review the specific terms or contact our support team at 2523-3588.