[Shortened Settlement Cycle on US market] As per announcement from the U.S. Securities and Exchange Commission, the settlement cycle will change to T+1 (current T+2) starting from trade date on 28 May. More>> |
[Shortened Settlement Cycle on US market] As per announcement from the U.S. Securities and Exchange Commission, the settlement cycle will change to T+1 (current T+2) starting from trade date on 28 May. More>> |
[Birthday of the Buddha] [HK Market] will close on 15 May(Wed)[Northbound Trading] will close on 15 May(Wed) |
[US Sec Fee adjustment] In response to the U.S. Securities and Exchange Commission's notice of adjustments to transaction fees ("SEC Fees"), 2024, this new rate will take effect for transaction on Wednesday, May 22, from 0.0008% to 0.00278% for seller only.More... |
Fee and Charges
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Unless otherwise stated, the percentage is that of the transaction value and the maximum or minimum is a flat fee for each transaction.
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 |
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 |
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 |
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) |
Transaction levy (to be collected by the Securities Exchange Commission) |
0.0008% (for sell transactions only, minimum US$0.01) |
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) |
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) |
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) |
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 |
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) |
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 |
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