Trade 50+ of Hong Kong's Hottest Stocks

Onsafx offers CFDs on shares from over 50 of Hong Kong’s most popular publicly listed companies. Trade these CFDs directly from your Onsafx account, benefiting from the best market-mirroring prices. With 20:1 leverage, you can take larger positions than your account balance. Each contract represents 100 shares, allowing you to profit from the daily price movements of Hong Kong’s most liquid stocks.

When trading a CFD share, corporate actions enforced by the underlying company, such as cash dividends, may affect your account. Onsafx will make adjustments to your account based on these corporate actions, such as the following example with dividends:

1. BUY Position Holders
 Clients holding a BUY position in a CFD share on the ex-dividend date will receive a positive cash amount equal to the dividend payout. The deposit will be made into your trading account based on the lot size and proportion of the dividend-paying securities.
2. SELL Position Holders
 Clients holding a SELL position in a CFD share on the ex-dividend date will be charged an amount equivalent to the dividend payout. The withdrawal will be made from your trading account based on the lot size and proportion of the dividend-paying securities.

Adjustment Formula:
 Number of shares * Dividend per share = Adjustment amount
 (If your account is denominated in USD, the adjustment amount will be converted to USD based on the spot exchange rate.)

For example, if Apple Inc. (AAPL) announces a $0.01 USD cash dividend to its shareholders, the share price of Apple will reflect this corporate action and drop by $0.01 on the ex-dividend date. Onsafx will make cash adjustments to clients holding open positions of the Apple Inc. CFD.
Example Calculation:
If a client holds 10,000 shares in a BUY position, the cash adjustment would be:
10,000 share CFDs × $0.01 USD = $100 USD cash dividend
Note: If a client holds SELL positions in the same CFD, Onsafx will deduct $100 USD from the client’s account.

When a company announces a share split or a reverse share split, the share price will change accordingly:

• Reserve Share Split: CFD price will increase.
• Share Split: CFD price will decrease.

Clients holding open positions of the relevant CFD will see these adjustments reflected in their accounts.

Dividends are distributed from a company’s earnings to its shareholders, and they are typically approved by the company’s board of directors. Companies usually announce their earnings reports semi-annually (or quarterly), and dividends may be issued as cash dividends or share dividends.

The ex-dividend date is the date on which a declared dividend is no longer attached to the stock, meaning that if you buy the stock on or after this date, you are not entitled to the dividend. Conversely, if you buy the stock before the ex-dividend date, you are eligible to receive the dividend.