What currencies do US and Hong Kong stocks need to trade?
BiyaPay
Published on 2024-12-06 Updated on 2025-05-23
U.S. stocks need to be invested in U.S. dollars, while Hong Kong dollars are required to invest in Hong Kong stocks. If you use US dollars to invest in Hong Kong stocks, the system will pledge US dollars and borrow Hong Kong dollars for trading, which will generate borrowing interest, and if you use Hong Kong dollars to invest in U.S. stocks, you will also generate borrowing interest.
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BIYA GLOBAL LLC is a licensed entity registered with the U.S. Securities and Exchange Commission (SEC No.: 802-127417); a certified member of the Financial Industry Regulatory Authority (FINRA) (Central Registration Depository CRD No.: 325027); regulated by the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC).
BIYA GLOBAL LLC
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BIYA GLOBAL LLC is registered with the Financial Crimes Enforcement Network (FinCEN), an agency under the U.S. Department of the Treasury, as a Money Services Business (MSB), with registration number 31000218637349, and regulated by the Financial Crimes Enforcement Network (FinCEN).
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BIYA GLOBAL LIMITED is a registered Financial Service Provider (FSP) in New Zealand, with registration number FSP1007221, and is also a registered member of the Financial Services Complaints Limited (FSCL), an independent dispute resolution scheme in New Zealand.
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