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What about the new Hong Kong stock trading rules and fees?
In the A-share market, there will be exchange rate difference in the trading of Hong Kong Stock Connect, which will lead to a big difference between the investor's cost price and the entrusted transaction price. The main reason for this problem is that the reference cost price of Hong Kong Stock Connect is calculated in Hong Kong dollars, and investors' trading will involve exchange of foreign exchange. Therefore, investors feel that the handling fee of Hong Kong Stock Connect is high, which is only caused by the exchange rate difference caused by foreign exchange.

The transaction costs of Hong Kong Stock Connect include stamp duty, transaction levy, transaction fee, transaction system use fee, share payment fee, securities portfolio fee and securities company handling fee. Among them, transaction taxes (paid to the Stock Exchange or collected by the Stock Exchange), including stamp duty (collected bilaterally, calculated at .1% of the transaction amount, and calculated at 1 yuan if it is less than 1 yuan dollars); Transaction levy (bilateral, .27% of the transaction amount, rounded to two decimal places); Transaction fee (bilateral .5%, rounded to two decimal places); Transaction system usage fee (bilateral, .5 yuan dollars per transaction).

settlement fees (for settlement in hong kong) include: share payment fees (.2% of the transaction amount for both sides, with the lowest and highest fees for each side being 2 yuan hong kong dollars and 1 yuan hong kong dollars respectively); Portfolio fee (different rates are set according to the market value of holding Hong Kong stocks). The fees charged by securities companies are set by securities companies in accordance with regulations, and investors can consult according to the brokers who open accounts.

Tips: The above contents are for reference only, not as any suggestions. Investment is risky, so you should be cautious when entering the market.

Response time: January 6, 222. Please refer to the latest business changes announced by Ping An Bank in official website.