Unless otherwise stated, the percentage is that of the transaction value and the maximum or minimum is a flat fee for each transaction.

• Hong Kong Securities   >

   

  Type of Expense	Amount
  Commission	Web/Mobile App: [Hong Kong Money Market ETF] 0.1% (minimum HK$100 per trade) [Others] 0.15% (minimum HK$100 per trade) Other Channels: Negotiable (minimum HK$100 per trade)
  *AFRC Transaction Levy (collected by Accounting and Financial Reporting Council)   * Effective from 1/1/2022	0.00015% (rounded to HK$0.01 per trade) (transactions of securities market making, sales and purchases of China Connect Securities through the use of the China Connect Service by a China Connect Exchange Participant, and stock option will be exempted)
  Stamp duty (collected by Inland Revenue Department of Hong Kong)	0.1% (minimum HK$1 per trade) (transactions of warrants, callable Bull/Bear Contracts and ETFs will be exempted)
  Transaction fee (collected by HKEx)	0.00565% of transaction amount   * Change Effective from 1/1/2023
  Settlement fee (collected by Hong Kong Clearing)	0.002% of transaction amount; (minimum - HK$2 and maximum - HK$100)
  Transaction levy (collected by the Securities and Futures Commission of Hong Kong)	0.0027% of transaction amount
  IPO	Other Channels: HK$250 per application
  e-IPO	Web/Mobile App: HK$100 per application
  IPO Grey Market Commission	0.25% (minimum HK$100)
  HKD-RMB Dual Counter Securities Transfer Fee	HK$50 per instruction

• Stock Connect (SSE / SZSE)    >

   

  Type of Expenses	Amount
  Commission	Web/Mobile App: 0.15% (minimum RMB100 per trade) Other Channels: Negotiable (minimum RMB100 per trade)
  Stamp duty (to be collected by the China State Administration of Taxation)	0.05% of transaction amount (for sell transactions only and payable in RMB)
  Handling fee (to be collected by SSE and SZSE)	0.00341% of transaction amount (in RMB)
  Transfer fee (to be collected by the Mainland clearing houses)	0.001% of the stock's transaction amount (in RMB)
  Transfer fee (to be collected by the Hong Kong clearing houses)	0.002% of the stock's transaction amount (in RMB)
  Levy (to be collected by the China Securities Regulatory Commission)	0.002% of transaction amount (in RMB)
  Consolidation fee (to be collected by CCASS)	Charged per month on the basis of the market value of daily portfolio x 0.008% / 365

• Taiwan Securities    >

   

  Type of Expense	Amount
  Commission	Negotiable (minimum NT$3,000 per trade)
  Transaction tax (to be collected by the National Taxation Bureau)	0.3% of transaction amount (for sell transactions only)
  Transaction handling fee	NT$1,000
  Custodial fee	0.075% (Monthly) charged as of months ends market value with TWD
  Dividend tax	21%
  FX Conversion Fee	US$140 per request

• US Securities    >

   

  Type of Expense	Amount
  Commission	Web/Mobile App: US$0.02/share (minimum US$8 per trade) Other Channels: Negotiable (minimum US$100 per trade)
  Trading Activity Fee (to be collected by FINRA)	US$0.000166 x number of sell shares (minimum US$0.01, maximum US$8.30) * Change Effective from 1/1/2024
  Dividend tax (to be prepaid to Internal Revenue Service)	30% of the face value of dividend
  Withholding tax (for publicly traded partnership (PTP) related instruments) (to be prepaid to Internal Revenue Service)   * Effective from 1/1/2023	10% of gross proceeds (for sell transaction only)

• Bonds Market    >

   

  Type of Expense	Amount
  Commission	Negotiable
  Dividend / Interest Collection	Wavied
  Custody Fees (charge in Quarterly)	0.03% p.a. calculated on Market Value as of Monthly-end (Quarterly Min. USD50) - Charges in Quarterly (Effective from Sep 2020)

• Mutual Market    >

   

  Type of Expense	Amount
  Commission	Negotiable
  Dividend / Interest Collection	Wavied
  Custody Fees (charge in Monthly)	0.35% p.a. calculated on Market Value as of Monthly-end (Monthly Min. HKD150.00) - Charges in Monthly (Effective from Sep 2020)

• Share Certificates & Stock Transfer (HK)   >

   

  Type of Expense	Amount
  Withdrawal of physical share certificates	HK$3.50 per board lot + handling fee of HK$100
  Deposit of physical share certificates	No charge
  Transfer deed stamp duty	HK$5 per copy
  Withdrawal of share certificates via CCASS	HK$100
  Deposit of share certificates via CCASS	No charge
  Investor Settlement Instructions (for deposit and withdrawal of shares of individual investors)	HK$3.50 per board lot + handling fee of HK$100

• Nominee Services (HK)   >

   

  Type of Expense	Amount
  Deposit of shares	No charge
  Collection of bonus shares (applicable only to margin account holders)	HK$2.50 per board lot
  Share transfer (applicable to Hong Kong stocks only)	HK$2.50 per board lot + handling fee of HK$100
  Collection of dividends	0.5% of the dividend value (minimum charge of HK$20)
  Collection of rights	No charge
  Following up to collect dividends	Negotiable
  Following up to collect bonus shares	Negotiable
  Exercising shareholder obligations (in cases of stock consolidation and stock split)	No charge
  Share acquisition and rights issue in cash	HK$0.80 per board lot + handling fee of HK$100 (to be collected by CCASS)

• Other Services Charges   >

   

  Type of Expense	Amount
  TT of funds (overseas)	HK$260 or US$35 per transaction
  Local interbank transfer using Clearing House Automated Transfer System	HK$260 or US$35 per transaction (for non-HSBC transfers)
  Stamping of Share Transfer Instruments Services	Max. HK$500 per securities