CITIC Securities handling fees include transaction commissions, stamp duties, transfer fees, etc. The default transaction commission is Wansan.
The handling fees of CITIC Securities are as follows: 1. Stamp duty: 1‰ of the transaction amount.
From September 19, 2008 to now, the tax collection has been changed from bilateral collection to unilateral collection from the transferor.
The transferee no longer pays stamp duty.
Shanghai stocks and Shenzhen stocks are paid at one thousandth of the actual transaction amount. This tax is withheld by the securities firm and paid uniformly by the exchange.
Bond and fund transactions are exempt from this tax.
2. Transfer fee (changed to be charged in both Shanghai and Shenzhen from August 1, 2015): This refers to the fee required to change the account name after the stock transaction.
According to the "Notice on Matters Related to Adjustment of A-share Transaction Transfer Fee Charges" issued by China Depository and Clearing Corporation, it has been changed to be charged in both Shanghai and Shenzhen from August 1, 2015. This fee is charged at 0.02‰ of the transaction amount.
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3. Brokerage transaction commission: The maximum is no more than 10,000 yuan of the transaction amount, and the minimum is 5 yuan. The commission for a single transaction is less than 5 yuan and is charged at 5 yuan.