Entrusted Jinbao to provide financial services for margin balance. When investors open an account online, they will open an open-end fund account in Guo Jin and participate in the automatic redemption of "Jintengtong Monetary Fund" through this account.
According to publicly disclosed information, Jintengtong Monetary Fund mainly invests in financial instruments permitted by laws and regulations and regulatory agencies, including cash, call deposits, short-term financing bonds, bank time deposits within one year (including one year) and large deposit certificates. Bonds with remaining maturity (or resale maturity) within 397 days (including 397 days), medium-term notes with remaining maturity within 397 days (including 397 days), asset-backed securities with remaining maturity within 397 days (including 397 days), bond repurchase with maturity within one year (including one year) and central bank bills with maturity within one year (including one year).
According to the data, Guo Jin GM Jintengtong Monetary Fund only charges 0.20% management fee and 0.05% custody fee, which is the lowest grade in the industry. Moreover, its sales service fee is zero, which means zero commission, and all the expenses add up to only 0.25%.
Jin Tengtong's historical net worth and 7-day annualized rate of return (* stands for weekend or holiday). Net value date: 7-day annualized rate of return (%) for every ten thousand shares of income is 2014-06-231.8889 7.7500% 2014-06-22 * 2.1234 7.6900.
Fees paid by individuals in stock trading include brokerage commission, stamp duty and transfer fees, of which the latter two are transaction fees, which are collected by brokers.
In 2002, the China Securities Regulatory Commission, the State Planning Commission and State Taxation Administration of The People's Republic of China jointly issued the Notice on Adjusting the Standards for Collecting Securities Trading Commissions, which clearly stipulated that the commission rate charged by securities companies to customers should not be higher than three thousandths, nor lower than the securities trading supervision fees and stock exchange handling fees charged.
"In 20 13 years, it is estimated that the overall commission rate will be around10.8 million (that is, eight ten thousandths, the same below), while the first-tier cities such as Beishangguangshen and Shenzhen have a relatively mature market and fierce competition, and the commission rate level is significantly lower than the industry average." A senior investor of Shanghai Haitong Securities told the Economic Observer.
With the gradual saturation of the first-tier cities, the commission rate is very low, and the brokerage business of brokers has accelerated in the country. The first choice is second-tier cities. With the new establishment and relocation of many securities business departments, the commission war is also launched in second-tier cities.
A senior investor in a sales department of Caitong Securities in Hangzhou said that the commission rate of second-tier cities with better economic conditions is basically the same as that of first-tier cities, mostly between 1.3 million-1 thousand, and there is even room for bargaining between large customers and short-term customers with large transaction volume. However, some brokers play word games and calculate the commission and handling fee separately, resulting in the actual cost of customers being higher than the commission rate promised by brokers.
Surprisingly, however, in Zhejiang, a relatively developed province, some business offices in remote areas also charge a handling fee of about 1.5%, which leads many investors to open accounts in different places.
Although facing competitive pressure in first-and second-tier cities, brokers can get higher commission rates here because of the lack of business departments in third-and fourth-tier cities. According to an investigation by the Economic Observer, a brokerage firm in Jiangsu province even charged a commission of three thousandths. In Nanchang, Jiangxi, the commission rate given by local brokers such as Guo Sheng Securities and Century Securities is often one thousandth. In Shanxi, it is the same in many places.
According to an account manager of Lhasa Sales Department of Tibet Tongxin Securities, the commission of new investors is three thousandths, and the stamp duty is calculated separately, which is one thousandth of the selling amount (there is no handling fee for buying). If the asset size exceeds 500,000, there is still room for negotiation.
In a survey of netizens' commission on a well-known website, the reporter of Golden Securities learned that 37.4% of the respondents indicated that their commission level was 0.5%. - 1%。 Between; 23.6% of the respondents indicated that their commission level was 1-2%. ; 19. 1% of the respondents indicated that their commission level was 2-3%. ; The commission level is 0.5%. The following is only11.4%; 8.5% of the respondents said that they "don't know" their commission level.
For the practice of Guo Jin Securities, traditional brokers all think that "the wolf is coming" and it is "the real wolf is coming".
An Internet finance industry analyst of a domestic brokerage firm said that the commission rate of three ten thousandths is the cost line of brokerage business. "Even if the operating costs are minimized, the exchange still has transaction costs." The analyst said that the expectation of the brokerage commission rate is "zero commission", and Guo Jin Securities finally decided to set the commission rate at two ten thousandths, indicating that Guo Jin Securities can only accept this.
Market participants pointed out that because the handling fee is generally between 1.5%- 1.8%, plus the business tax that the business department needs to pay, the cost of the brokerage firm is basically two ten thousandths. Now Guo Jin Securities has announced a commission of 20,000 yuan, which is actually a formal announcement that the brokerage business has entered the era of "zero commission". This operation mode with strong internet financial thinking is likely to bring a new revolution in the commission mode of brokerage business.
The person in charge of a brokerage firm in Xinjiekou said in an interview with the reporter of Golden Securities that many investors have come to consult their commissions and come to bargain. "Twenty-two thousand" will force traditional brokers to "live no longer".
The person in charge of a brokerage firm on Central Road said that yesterday he personally experienced the online program of Guo Jinwan's account opening, and the operation was really simple and feasible. For account transfer, Shenzhen Stock Exchange can directly transfer money without even going to the original securities business department to cancel the designated transaction. The source said that if the regulatory authorities do not protect and guide it, then the entire traditional securities industry will be difficult to survive, and a large number of people in the securities industry will be unemployed.
1.5 commission rate to speculate in Hong Kong stocks.
With the official opening of1October 20117 Shanghai-Hong Kong Stock Connect, the commission rate of Hong Kong stock brokers has been gradually announced, and the commission rate of Hong Kong stock trading entrusted with Jinbao products is 1.5%, so the authority can be directly opened online.
Investors who are already Jinbao customers can directly download and install the PC version of the "Universal Trading Terminal" and open the investment authority of Hong Kong stocks.
Mercenary Jinbao version 2.0
2065438+On February 27th, 2005, Jinbao, the China Securities Regulatory Commission, officially released version 2.0 to create a "better understanding of investors' trading services". Through Commission Jinbao 2.0, users can realize fast transactions, browse the global market, and obtain services that are more in line with investors' needs and habits, such as one-screen inquiry of wealth management income, one-click withdrawal of wealth management shares, and direct access to bank cards, thus enhancing the overall user experience of Commission Jinbao.