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1.Financing interest: (No distinction between stocks, only currency) Financing interest = financing amount * financing interest rate/360 Financing interest is calculated daily at 23:00 in the market (US stocks at 23:00 in US time, Hong Kong stocks at 23:00 in Hong Kong time) If there is a loan, interest will be calculated and settled (after calculating interest, subtract interest from available balance) .

2.Securities lending interest: Securities lending interest = (stock Closing Price * 102% (rounded up) * number of short holdings * stock lending interest rate (short selling rate)/360. The Closing Price of individual stocks refers to the after-hours closing price, and the interest on short selling is calculated on a daily basis. It is calculated at 23:00 in the market (23:00 in US time for US stocks and 23:00 in Hong Kong time for Hong Kong stocks). If there is borrowing, the interest will be calculated and settled (after calculating the interest, the interest will be subtracted from the available balance). If you buy it on the same day and sell it before 23:00 on the same day, no interest will be charged. Interest will also be calculated during non-opening hours (holidays, Saturdays and Sundays), and interest will be.

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Compliance Entity
Biya Global LLC is a U.S. limited liability company. It has completed federal MSB registration (Registration number 31000218637349) with FinCEN under the Bank Secrecy Act and is subject to FinCEN’s supervision.
Biya Global Limited is a New Zealand registered entity. It holds valid FSP registration (Registration number FSP1007221) on the Financial Service Providers Register (FSPR) under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 and is subject to supervision by the Financial Markets Authority (FMA).
The Company is registered as a Financial Service Provider (FSP) on the New Zealand Financial Service Providers Register (FSPR). In accordance with its registered financial service activities and applicable New Zealand financial and anti-money laundering regulations, the Company operates a technology-enabled financial services platform, providing clients with account opening assistance and related technical support services, while connecting with globally regulated and licensed brokerage firms to facilitate access to international securities investment opportunities.
Securities trading, asset custody, fund settlement and clearing services, which require specific financial licenses, are independently provided and performed by licensed financial institutions in the respective jurisdictions. Such regulated activities are conducted under the supervision of the relevant regulatory authorities in accordance with applicable laws and regulations.
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