Trade Hong Leong Fin - S41sg CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.03
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investmentSGD 1,000.00Overnight funding adjustmentCharges from full value of position-0.01323 %(-SGD 2.65)Trade size with leverage ~ SGD 20,000.00Money from leverage ~ SGD 19,000.00Go to platform: -0.01323%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investmentSGD 1,000.00Overnight funding adjustmentCharges from full value of position-0.008687 %(-SGD 1.74)Trade size with leverage ~ SGD 20,000.00Money from leverage ~ SGD 19,000.00Go to platform: -0.00869%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: SGD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: Singapore
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: SGD 1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.01323 %
  (-SGD 2.65)

• Margin. Your investment: SGD 1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.008687 %
  (-SGD 1.74)

Key Stats

• Prev. Close: 2.5
• Open: 2.49
• 1-Year Change: 4.62%
• Day's Range: 2.48 - 2.5

Trade Hong Leong Fin - S41sg

About Hong Leong Finance Ltd

Hong Leong Finance Limited is a Singapore-based financial service company. The Company's principal activities are those relating to financing business and provision of corporate advisory services and provision of nominee services. Its core business involves taking deposits and savings from the public and providing financing solutions and services that include corporate and consumer loans, government assistance for small and medium enterprises (SMEs) corporate finance and advisory services. Its deposits include business current account and fixed deposits. Its SME loans include SME working capital loan, SME fixed assets loan, vehicle-green loan, equipment and commercial vehicle loan, medical and dental equipment loan and property development loan. Its corporate advisory services include capital restructuring, project and investment evaluation, financial modelling and mergers and acquisitions (as financial advisor or independent financial advisor).

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Hong Leong Finance Ltd interest income decreased 23% to SP$240M. Net interest income after loan loss provision increased 28% to SP$177.9M. Net income increased 33% to SP$84.8M. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities. Net income benefited from Provision for Loan Losses decrease of 99% to SP$60K (expense).