Any returns earned from Cash Plus (MMF) during the weekend or public holiday will be credited to your account on the next trading day, provided that you haven't redeemed your funds beforehand.

Example

Suppose Mondays to Fridays are all trading days, and you subscribe to an HKD money market fund with confirmed fund shares before 9:00 AM on Friday.

If you redeem all the shares of the fund before 9:00 AM on the next Monday, the net asset value (NAV) of the fund shares will be based on the NAV as of Friday. You will receive the returns generated on Friday but not the returns from Saturday to Monday.

However, if you redeem all the shares after 9:00 AM on Monday, the net asset value (NAV) of the fund shares will be based on the NAV as of Monday. You will receive the returns generated from last Friday to Monday.

4. Position Yield

A percentage indicates the income returned to its investors through interest and dividends generated by the position.

5. Diluted Cost

The diluted cost may vary from time to time due to changes in your position.

Diluted cost=(cumulative subscription amount - cumulative redemption amount) / position units

If there's a dividend payment, the value of dividends will be counted in the redemption amount, and the cost and position yield will be updated.

E.g. assume subscription and redemption of fund A (USD) are confirmed at the NAV as of day T.

● Day T: A client subscribed 1,000 units when NAV is 10.00 USD;

● Day T+1: The client subscribed another 1,000 units when NAV is 10.10 USD;

● Day T+2: The client redeemed 1,000 units when NAV is 10.20 USD.

Day	Transaction	NAV	Position Units	Calculation	Diluted Cost
T	+1000	10	1000	= (0+10*1000)/1000	10.00
T+1	+1000	10.1	2000	= (101000+10.11000)/2000	10.05
T+2	-1000	10.2	1000	= (10.052000-100010.2)/1000	9.90

6. Position Units

The number of units you hold in the fund.

7. Amount to be confirmed

Total dollar amount of pending subscriptions

8. Units to be confirmed

Total units of pending redemptions

Helpful？

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Overview

1. New Gains
2. Position P/L
3. Can I earn Cash Plus (MMF) returns on weekends and holidays
4. Position Yield
5. Diluted Cost
6. Position Units
7. Amount to be confirmed
8. Units to be confirmed

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看好！繼續加倉

我恐高，逢高減倉

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年頭旺到年尾

Feb 27 16:09

Review on February 27...

$Hang Seng Index (800000.HK)$ $HSI Futures Current Contract (HSIcurrent.HK)$ The day before yesterday's review mentioned that the estimated previous top of 23,700 was not the peak. Yesterday it immediately broke through, and the increase was unexpectedly close to 1,000 points, as the short-term trading underestimated the extent of the rise. Therefore, many positions were previously entered in a bearish way, but in the end, the bears exited with stop losses at the close.

Today, after hitting the high near 24,000 in the early session and entering bearish positions, the index fell sharply by nearly over 600 points, immediately recouping yesterday's losses significantly.

Moreover, today it broke the new high again, reaching a maximum of 24,076, but by the end of the market, it fell back by about 70 points, producing a bearish candle. The current trend has not yet been broken, but from the previous low until now, it has risen close to 6,000 points. It is believed that those with positions can continue to hold until there is a clear trend reversal for profit-taking. Those without positions can wait for a pullback to get in. Actually, it is hoped for a quick pullback, as it allows for entry and also provides a healthy breath.

Currently, the outlook remains the same as before. It is believed that even if there is a pullback, it shouldn't be too deep. However, if Futures fail to stabilize and close below 22,350, there may still be room for decline. The chance of Futures falling below 21,400 in the short term should be low, so it is considered that if a significant pullback occurs, it presents a good opportunity to incrementally go long. Recently, there has been a consistent approach to not hold positions overnight, only focusing on immediate trades, as there is no high chasing and no casual short selling.
Support and resistance can be referenced based on spot prices.
Support levels are 23150, 23250, 2...