When the customer closes the position, hedging is carried out by establishing a contract with the opposite transaction direction to the original open position contract, so as to close all or part of the open position contract and offset it with the original open position contract, and calculate the occupied margin amount. When the customer closes the position through the entrusted transaction, the entrusted contract does not occupy the deposit before reaching the price, and after reaching the price, the bank will release the deposit occupied by the original opening contract. If the customer has not agreed on the designated liquidation (designated liquidation means that the customer can agree on which specific opening transaction to close the position), the entrusted transaction liquidation shall be closed in the order of opening the position first and closing the position first.

The above contents are for your reference. Please refer to the latest business changes announced by China Bank official website.

If in doubt, please consult the online customer service of China Bank or download and use the mobile banking APP of China Bank to handle related business.