How to charge a handling fee for Hong Kong stock trading?
1 Handling fee for trading Hong Kong stocks.
① Transaction taxes and fees. Including stamp duty, transaction levy, transaction fee and transaction system usage fee.
② Settlement fees. Including clearing and settlement services, depository and corporate behavior services.
2. Handling fee for holding Hong Kong stocks.
① The market value of holding Hong Kong stocks (currency: HK$) is less than or equal to HK$ 50 billion, with an annual rate of 0.008%.
② The market value of holding Hong Kong stocks (currency: HK$) exceeds HK$ 50 billion, and the annualized rate of 250 million is less than or equal to 0.007%.
③ The market value of holding Hong Kong stocks (currency: HK$) is more than HK$ 250 million and less than or equal to 0.006% of the annual rate of HK$ 500 million.
④ The market value of holding Hong Kong stocks (currency: HK$) is more than HK$ 500 million and less than or equal to 0.005% of the annual rate of 750 billion.
⑤ The market value of holding Hong Kong stocks (currency: HK$) is more than HK$ 750 million and less than or equal to the annual rate 1 million.
⑥ The market value of holding Hong Kong stocks (currency: HK$) is greater than HK$ 1 000 billion, with an annual rate of 0.003%.
3 Hong Kong stock connect stock dividend tax.
Dividends and bonuses obtained by mainland individual investors investing in stocks listed on the Hong Kong Stock Exchange through Hong Kong Stock Connect shall be withheld and remitted by the settlement company at the rate of 20%.
In addition, when dividends are distributed in Hong Kong dollars or other currencies, they will be distributed in RMB after clearing and exchange in China.