Careful!!! Extremely high interest when borrowing shares from moomoo
I can not understand how come interest goes to 70%!!!!
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轰轰1937OP : anyone know the reason？？
Moomoo Lily 轰轰1937OP: The margin interest is margin by the upstream and will the margin change according to the margin in the market and other factors. You can refer to the margin loan rate on the top of the stock page before purchasing an order, but the specific is subject to the data displayed on the statement.
It is true that DIDI's financing interest in December is quite high. The financing interest is provided by upstream and will change dynamically according to factors such as the liquidity of the target in the market. Users can refer to the securities lending interest rate on the page before placing an order, but please refer to the data shown on the statement.
轰轰1937OP : Actually I have checked the interest rate, which was always under 10%
Moomoo Lily 轰轰1937OP: The margin interest is provided by upstream and will be affected by market factors, please refer to the data displayed on the statement. Please access to our customer service for more help.
轰轰1937OP Moomoo Lily: sorry, The interest from upstream is also below 10%, Which I have checked for sure. Your customer service explained the same without any record on paper, or even a screenshot