In the A-share market, the client's transaction commission shall not exceed 0.3% of the client's unilateral transaction amount, the stipulated fees shall be 0. 1% of the client's unilateral transaction amount, the stamp duty shall be 0. 1% of the client's unilateral transaction amount, and the total A-share transaction fees shall be at least 0.5% of the client's unilateral transaction amount.
Therefore, generally speaking, the transaction cost of buying and selling Hong Kong stocks is lower than that of the A-share market.
Transaction cost of Hong Kong stocks
1, brokerage commission.
In the Hong Kong stock market, investors must pay commissions to securities brokers, regardless of whether they buy or sell securities. The commission ratio is determined by the securities broker and the customer through consultation, and the trading commission negotiation system is adopted. But in general, the trading commission in the Hong Kong stock market is generally stable, and the level of commission mainly depends on the services that brokers can provide. It is rare to attract customers by commission war in the Hong Kong stock market.
2. Transaction costs of the stock exchange.
Securities investors, buyers and sellers are required to pay 0.005% of the transaction levy and 0.002% of the investor compensation levy for each transaction to the CSRC, which will be collected by the stock exchange instead of the CSRC; The buyer and the seller each pay a transaction fee of 0.005% of each transaction amount to the stock exchange; Both buyers and sellers are required to pay a trading system usage fee of HK$ 0.5 per transaction to the Stock Exchange.
3. government taxation.
Securities investors, buyers and sellers are required to pay the stamp duty of 0. 1% to the Hong Kong SAR Government according to the amount of each share transaction; Regardless of the number of transactions, the registered share holder (seller) must pay 5 yuan stamp duty on each new bill; The transfer registration office of each listed company will charge a fee of HK$ 2.5 for each newly issued share, which will be paid by the buyer.
4. Other expenses.
In addition, securities brokerage companies collect cash dividends or bonuses on behalf of investors, collect and distribute shares, publicly subscribe for shares, pay interest on shares, and act as agents for share splitting and merger. These will be charged accordingly.
5. Free of charge.
Options or trial plans traded on the exchange are exempt from transaction fees. Funds, options or futures transactions are also exempt from stamp duty.