What is the handling fee of Hong Kong Stock Connect, and the handling fee of Hong Kong Stock Connect

Updated on Financial 2024-03-31
4 answers
  1. Anonymous users2024-02-07

    The handling fees and charges of Hong Kong Stock Connect are as follows:

    1. Transaction commission:

    The trading commission of the Hong Kong Stock Connect is charged unilaterally, according to the transaction amount, with a minimum charge of HK$100.

    2. Stamp duty:

    Stamp duty for Southbound Trading is charged on the basis of the transaction amount.

    3. Transaction management fee:

    The transaction management fee of Southbound Trading is charged according to the transaction amount.

    4. SEHK Handling Fee:

    The SEHK handling fee for Southbound Trading is charged according to the transaction amount.

    5. **Settlement system fee:

    The ** settlement system fee of Hong Kong Stock Connect is charged according to the transaction amount.

    Shouldering the mission of "making financial services more efficient and reliable", and with the vision of "becoming a pivotal financial service institution", we are committed to providing customers with a full range of financial services such as trading, investment and financing, and wealth management. [Welcome to click to learn more].

    If you want to know more about the handling fee of Hong Kong Stock Connect, it is recommended to consult IFC**. Since its establishment, IFC** has strictly abided by various laws and regulations, continuously improved the corporate governance structure, established a relatively sound internal control system, and always adhered to compliance management and steady operation; The overall status and market competitiveness of the company's compliance and risk management are at the leading level in the industry, and it has been rated A in the information disclosure evaluation of listed companies on the Shanghai Stock Exchange for five consecutive years, and has been highly praised in the industry.

  2. Anonymous users2024-02-06

    The trading fees of the Hong Kong Stock Connect will include stamp duty, transaction levy, trading fee, trading system usage fee, share settlement fee, **combination fee, **company handling fee. Consult the Hong Kong Stock Connect and recommend Guojin**, Guojin Commission Bao is the first batch of "1+1+1" Internet service products launched in the industry, providing convenient trading, financial management, investment advisory services, etc. [Welcome to click to learn more].

    Other trading fees of Southbound include commission, stamp duty, transaction levy, transaction fee, and settlement fee. Hong Kong stocks implement T+0 rotary trading and T+2 settlement system, but Shenzhen-Hong Kong Stock Connect is divided into two parts: Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, and investors can sell Hong Kong stocks on the same day, after confirming the transaction, before settlement, that is, Hong Kong Stock Connect also supports T+0 trading, but A shares through Shenzhen-Hong Kong Stock Connect are not allowed to be sold before settlement, that is, T+0 trading is not supported. Southbound trading** is in Hong Kong dollars** and RMB is used as the payment currency.

    If you want to know more about Hong Kong Stock Connect, we recommend consulting IFC**. IFC** persistently explores the problems in the work and optimizes the working methods and business processes. And maintain sensitivity to new business, new models, and new technologies, continue to develop innovative products, and continue to provide efficient services; It has been praised and satisfied by our customers.

  3. Anonymous users2024-02-05

    Hong Kong Stock Connect. To buy and sell 10,000 Hong Kong stocks, you need to pay a handling fee of about 40 yuan. Fees include commissions, exchange fees, fees, and transfer fees.

    Extended Information:1The general brokerage is the default 2/1000, with a minimum of 100 Hong Kong dollars per transaction.

    According to the 2% commission level, if the investor ** has a market value of HK$100,000**, the fee to be paid is: commission HK$200 + stamp duty.

    HK$100 + other fees HK$ = HK$, if the market value remains unchanged, the fee to be paid when selling is the same.

    2.The Hong Kong Stock Connect is a kind of **, and its scope is the Hong Kong Stock Exchange.

    The constituents of the Hang Seng Composite LargeCap Index and the Hang Seng Composite MidCap Index are also listed on the Hong Kong Stock Exchange and the Shanghai ** Stock Exchange.

    A+H share companies**. The two parties can adjust the scope of investment targets according to the pilot situation. In the initial phase of the pilot, the SFC required that domestic investors participating in the Stock Connect be institutional investors only.

    3.In addition to the commission, investors are also required to pay stamp duty, transaction levy, trading fee, trading system usage fee, stock settlement fee and ** combination fee to SEHK (or collected by SEHK) and HKSCC for trading Southbound Stock Connect**.

    4.**Portfolio fee refers to the fee charged by HKSCC based on the market value of Hong Kong stocks held in the name of ChinaClear at the end of each calendar day, at a decreasing rate. ChinaClear collects fees from each account holding Hong Kong stocks according to the same standard.

    Due to the risk of exchange rate fluctuations in Hong Kong Stock Connect transactions and the need to charge ** portfolio fees, in order to prevent a small overdraft of the account, investors will freeze 100 yuan of ordinary account funds when they open the Hong Kong Stock Connect trading authority in ** company.

    Hong Kong Stock Connect refers to the entrustment of investors to the Shanghai Stock Exchange.

    Members, through the Shanghai Stock Exchange Securities Trading Service Company, report to the Stock Exchange to buy and sell the Stock Exchange within the scope of the specified listing **. Its scope is the constituent stocks of the Hang Seng Composite LargeCap Index of the Stock Exchange of Hong Kong, the Hang Seng Composite MidCap Index, and A+H share companies** of the Hong Kong Stock Exchange and the Shanghai ** Stock Exchange. The two parties can adjust the scope of investment targets according to the pilot situation.

    In the initial phase of the pilot, the SFC required domestic investors to limit participation in the Stock Connect to institutional investors.

  4. Anonymous users2024-02-04

    YesCommissions, Stamp Duty, Transaction Levies, Transaction Fees, Settlement Fees.

    1. Commission: The amount of each transaction shall be paid to ** company.

    2. **Stamp duty: The amount of each transaction is paid to Hong Kong**.

    3. Transaction levy: The amount of each transaction shall be paid to the Securities and Futures Commission.

    4. Transaction fee: The amount of each transaction is paid to the exchange.

    5. **Settlement fee: The amount of each transaction shall be paid to the Clearing House (minimum HKD).

    HK$2, up to HK$100).

    Hong Kong stocks implement T+0 rotary trading, T+2 settlement system, but Shenzhen-Hong Kong Stock Connect is divided into two parts: Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, investors on the same day's Hong Kong Stock Connect Hong Kong stocks, after confirming the transaction, can be sold before settlement, that is, Hong Kong Stock Connect also supports T+0 trading, but through Shenzhen-Hong Kong Stock Connect** A shares.

    **, no selling before settlement, i.e. T+0 trading is not supported.

    Southbound trading** is in Hong Kong dollars** and RMB is used as the payment currency.

    The trading days and trading hours of the Hong Kong Stock Connect are announced by the trading service company of the Shanghai and Shenzhen Stock Exchanges** in its designation**.

Related questions
10 answers2024-03-31

Hong Kong Stock Connect refers to investors entrusting SSE members to declare to the SEHK through the SSE** trading service company to trade on the SEHK within the scope of the specified listing**. >>>More

11 answers2024-03-31

The handling fee rate of POS is deducted as a percentage of the trading volume, and the deduction rate varies according to different industries >>>More

19 answers2024-03-31

The refund fee for high-speed rail is related to the refund time. >>>More

3 answers2024-03-31

Bank of China outbound remittance (domestic individual) handling fee according to the remittance amount of 1, the minimum 50 yuan, the maximum 260 yuan, and the telecommunication fee (that is, Hong Kong, Macao and Taiwan 80 yuan, other countries 150 yuan), if the banknote account remittance will be charged banknote transfer difference fee, the specific regulations are subject to the Bank of China counter in your region. The e-banking > offers can be viewed through the "e-Banking Promotions > Nationwide Offers" on the homepage of the Bank of China Portal**. For more information, please call Bank of China customer service**95566 for inquiries. >>>More

14 answers2024-03-31

There is no limit to the rise and fall of Hong Kong stocks, and if you encounter extreme circumstances, such as major problems in listed companies, it is possible to go bankrupt in one day. However, in the case of a stable market, Hong Kong's big blue chips** generally hovered around 3%, and it is rare to see a rise or fall of more than 10%. >>>More