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What does it mean that the starting point of Shanghai stock and fund transaction commission is 1 yuan?

commission: charged by the securities company, with the maximum not exceeding .3% of the transaction amount. Different securities firms have different proportions in different transaction methods. The minimum charge is 5 yuan

stamp duty: collected by the securities company, with .3% of the transaction amount

transfer fees: for every 1, shares of 1 yuan, the minimum 1 yuan is collected by the securities company, and Shenzhen stock is not charged

there is no stamp duty on warrants and transfer fees

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