How is the fee of Hong Kong stock transaction commission settled? Investors need to pay commission (0.25%), exchange fee (0.012%), government fee (0.1%) and transfer fee (HK $2.5 each) to participate in stock trading.
1. Both parties to the Commission transaction shall pay the Commission to the entrusted securities company (or bank). The level of commission is determined by the investors and the securities companies. However, the Hong Kong Stock Exchange has a minimum amount of brokerage commission. The commission charged by the securities company for each transaction should not be less than 0.25% of the transaction amount. The minimum fee for each transaction ranges from HK $50 to HK $150, depending on the specific regulations of each securities company.
2. Transaction levy the unilateral charge rate of transaction fee of HKEx is 0.005% of the transaction amount. The SFC's share of the transaction levy was 0.004% (down to 0.003% from October 1, 2010).
The Hong Kong Stock Exchange collects the trading system usage fee from the exchange participants, and the buyer and the Seller shall pay 0.50 yuan for each transaction. Whether or not exchange participants will charge customers this fee is up to exchange participants and their clients.
3. In March 2001, the ad valorem stamp duty payable by both parties to each share transaction was reduced from 0.1125% of the transaction amount to 0.1%.
4. Transfer fee transfer fee: no matter how many shares have been transacted, stamp duty of HK $5 should be paid to the government for each new toilet paper, which should be paid by the registered shareholder (i.e. the first seller).
Transfer fee: no matter how many shares are traded, the listed company will charge the transfer fee for new shares. The fee for each share is HK $2.5, which is paid by the buyer.
Fees charged by the government among Hong Kong stock traders. It mainly includes: 1. Stamp duty: 0.1% of the transaction amount (minimum: HK $1); 2. Transaction levy: 0.003% of the transaction amount; 3. Transaction fee: 0.005% of the transaction amount; 4. 0.002% of the transaction amount (minimum of HK $2, maximum of HK $100)