Hong Kong stock trading fee types and fees
Investors participating in stock transactions need to pay commission (0.25%), exchange fees (0.012%), government fees (0.1%), Transfer fees and other fees (HK$2.5 per ticket).
1. Both parties to the commission transaction must pay commissions to the trustee securities company (or bank) respectively.
The commission level is agreed between investors and securities companies, but the Hong Kong Exchange has a minimum amount of brokerage commissions. The commission charged by securities companies for each transaction should be no less than 0.25% of the transaction amount. Each transaction The minimum fee ranges from HK$50 to HK$150, depending on the specific regulations of each securities company.
Hong Kong Public Securities is very competitive in terms of commission setting. There is no minimum commission, and online transactions are charged 0.08%;
2. Transaction levy Hong Kong Exchange transaction fee sheet The side charge rate is 0.005% of the transaction amount. The share of transaction levy shared by the China Securities Regulatory Commission is 0.004% (reduced to 0.003% from October 1, 2010).
The Hong Kong Exchange charges exchange participants a trading system usage fee, and both buyers and sellers of stocks must pay $0.50 for each transaction. Whether exchange participants will charge this fee to clients is up to exchange participants and clients to decide.
3. Government fees In March 2001, the ad valorem stamp tax rate that both parties must pay for each share transaction was reduced from 0.1125% to 0.1% of the transaction amount.
4. Transfer fee and transfer stamp tax: Regardless of the number of shares traded, each new transfer paper must pay a transfer stamp tax of HK$5 to the government, and the registered shareholder (i.e. the first-hand seller) is responsible for paying pay.
5. Transfer fees: Regardless of the number of shares traded, listed companies charge transfer fees for newly issued stocks. Each stock charges HK$2.5, which is paid by the buyer.
Extended information
Calculation method of stock transaction procedures
1. Different sales departments have different commission ratios, and a few sales departments have to charge 1 for each transaction. -A commission (communication) fee of 5 yuan.
2. The transaction commission is generally 1‰-3‰ of the transaction amount (online transactions are less, sales department transactions are higher, you can negotiate the price, generally 1.8‰ for online transactions, 2.5‰ for telephone entrustment, 3‰ for self-service entrustment by the sales department) ‰), the minimum commission for each transaction is 5 yuan, and the stamp duty is 1‰ of the transaction amount (funds and warrants are tax-free). There is a transfer fee of 1 yuan for every thousand shares in Shanghai (funds and warrants are exempt from transfer fees). Less than 1,000 shares are charged as 1,000 shares. Calculate.
3. The minimum commission for each transaction is 5 yuan, so it is more cost-effective for each transaction to be above 1,666.67 yuan. (1,666.67*3‰=5 yuan)
4. If there is no commission fee for each transaction, and the minimum commission and transfer fee are not taken into account, the commission is calculated as 3‰ and the stamp tax is 1‰. After buying the stock, the price will increase If you sell above 7‰, you can make a profit.
5. The trading unit is 100 shares (one lot) for buying, and there is no restriction on selling (when the number of shares is greater than 100 shares, you can sell one share for one, and when the number is less than 100 shares, it can only be sold all at once. Sell.
), but should pay attention to the minimum commission (5 yuan) and transfer fee (Shanghai, minimum 1 yuan) regulations.
The current transaction fee consists of three parts: commission, stamp duty, transfer fee (only charged for Shanghai stocks) )
Reference: Baidu Encyclopedia-Stock Trading Fees