How does the suspension of stock trading affect financing and trading?

1. If you hold shares that are suspended and you have used margin, it may happen that your account may become "dangerous" and a margin call may be issued immediately. In this case, you need to deposit enough cash within 2 trading days. If the account is still in margin call status on the 3rd trading day, FUTU reserves the right to liquidate your positions.

2. If your risk status gets worse due to market fluctuations , Futu reserves the right to liquidate your positions at any time without prior notice.

3. If the suspension news is ordinary news, the margin ratio will be maintained at the same level as before the suspension when trading resumes. That is, the account will have a margin call at T+0 due to the suspension, and the stock will revert back to a collateralized financing stock at T+2 when trading resumes. If there is no change in the account's equity during this process, the margin call status is automatically canceled when the stock resumes trading.

However, if the suspension news is negative, FUTU will adjust the margin ratio of the stock, or even adjust it to 100% (or even higher for short selling), in which case the account may still be in margin call after trading resumes, and FUTU will liquidate your positions.

In summary, if you only hold one suspended stock, please always be aware of the risks of your account and meet the margin call ASAP, otherwise, Futu reserves the right to liquidate your positions at any time without prior notice.