Stamp duty is a tax levied by the State Administration of Taxation, such as lof funds and etf funds. Stamp duty is not levied, but is only levied at the time of stock trading. When a stock is sold, investors have to pay stamp duty of one thousandth of the transaction price, but it is only levied when it is sold, not when it is bought.

What does l0f mean?

L0f is the abbreviation of "ListedOpen-endfund", which can also be called listed open-end fund, and belongs to the open-end securities investment fund listed on the exchange. L0f fund is an open-end fund traded on the market. Investors can only buy on-site funds by opening securities accounts in securities companies in advance, and then conduct related transactions through trading software. And you can buy OTC funds at major bank outlets, online banks and securities companies.