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How much is the handling fee for the transfer fee?
On July 9th, China Securities Depository and Clearing Co., Ltd. announced the news of adjusting the A-share transaction fee and transfer fees. According to the regulations, the handling fee of A-share transactions in transfer fees and A-share transactions reappeared and the charging policy was adjusted. How much is the transfer fees handling fee charged bilaterally? What is the charging standard of handling fee in transfer fee?

Securities transfer fees

Transfer fees refers to the fees paid by the buyer and the seller for the registration of equity change after the transaction of stocks and funds entrusted for sale. This income belongs to the income of the securities registration and settlement institution, which is deducted by the securities operation institution in the settlement and delivery era with investors.

China Shanghai Stock Exchange collects transfer fees with a transaction face value of ‰ in both directions; Transfer fees is not charged separately by Shenzhen Stock Exchange, and its transfer fees is included in the transaction fee; There is no transfer fee for fund transactions.

According to the regulation of adjustment on July 9th, the transfer fees of A-share trading is charged to both investors by the Shanghai Stock Exchange and the Shenzhen Stock Exchange respectively according to the par value of 0.000 and the transaction amount of 0.000, and it is uniformly adjusted to be charged to both investors according to the transaction amount of 0.000.

Securities transaction fee

The handling fee is the transaction fee paid by the securities company to the stock exchange according to a certain proportion of the actual transaction amount after completing the transaction in the stock exchange. Handling fees and commissions are essentially transaction costs, but there are obvious differences. The handling fee is the fee paid by the broker to the exchange, and the commission is the fee paid by the investor to the broker. The commission includes the income of the broker and the commission and other fees that the broker must pay to the exchange.

According to the regulation adjusted on July 9, the handling fee for A-share transactions was adjusted from 0.2 ‰ of the transaction amount to 0.2 ‰ of the transaction amount, with a decrease of 30%.