HK stock trading service:
| Item |
Fee |
Minimum |
maximum |
| Commission |
| Trading commission fee |
Via telephone order placing
(including Grey Market) |
0.25% of transaction value |
HK$100/RMB88 |
-- |
| Via on-line trading |
0.20% of transaction value |
HK$80/RMB68 |
-- |
| *** No platform usage fee *** |
| Transaction Fee： |
| Stamp Duty^ |
0.10% of transaction amount (rounded up to the nearest dollar) |
HK$1 |
-- |
| HKEx Trading Fee^ |
0.00565% of transaction amount |
-- |
-- |
| Transaction Levy^ |
0.0027% of transaction amount |
-- |
-- |
| Investor Compensation Levy |
Suspended |
-- |
-- |
| FRC Transaction Levy |
0.00015% of transaction amount |
-- |
-- |
| CCASS Stock Settlement Fee^ |
0.002% Of transaction amount |
HK$2 |
HK$100 |
HK Stock - Dual Tranche Dual Counter (DTDC) Stock Conversion Fee:
| Item |
Fee |
| DTDC Stock Conversion Fee |
Free of charge |
Scrip Handling and Settlement-Related Services
| Item |
Fee |
Minimum |
Maximum |
| Physical Scrip Deposit Fee |
HK$ 30 per stock |
HK$ 30 |
-- |
| Physical Scrip Withdrawal Fee |
HK$ 8 per board lot per stock |
HK$ 50 per stock |
-- |
| Settlement Instruction (SI) Fee |
Deposit |
Free of charge |
-- |
-- |
| Withdrawal |
Stock Clearing Fee: 0.002% of market value
(based on previous closing price) |
HK$2 |
HK$100 |
| Handling Charge: HK$ 5 per board lot (Odd lot is treated as one board lot) |
HK$ 50 per stock |
-- |
| Investor Settlement Instruction (ISI) Fee |
Deposit |
Free of charge |
-- |
-- |
| Withdrawal |
Stock Clearing Fee: 0.002% of market value (based on previous closing price) |
K$2 |
HK$100 |
| Handling Charge: HK$ 5 per board lot (Odd lot is treated as one board lot) |
HK$ 50 per stock |
-- |
| Compulsory Buy-In |
Default penalty: 0.25% of market value (based on previous closing price),plus related charges |
-- |
-- |
Nominee Services and Corporate Actions
| Item |
Fee |
Minimum |
Maximum |
| Scrip Fee |
HK$/CNY 1.5 per board lot |
-- |
-- |
| Collection of Cash Dividend or Other Cash Benefit |
0.25% of cash dividend / cash benefit amount |
HK$/CNY 30 |
HK$/CNY 20,000 |
| Collection of Bonus Shares/Scrip Dividend / Rights / Warrant |
HK$/CNY 30 per stock |
-- |
-- |
| Rights / Warrant Exercise |
HK$/CNY 0.80 per board lot, plus HK$/CNY 50 per stock |
-- |
HK$/CNY 20,000 |
| Excess Rights Application |
HK$/CNY 0.80 per board lot |
-- |
-- |
| Tendering Shares /Cash Benefit Under A Takeover Bid |
HK$/CNY 0.80 per board lot, plus HK$/CNY 50 per stock |
-- |
-- |
| Share Consolidation / Split |
Free of Charge |
-- |
-- |
Account service
| Item |
Fee |
| Custody Fee |
Free of Charge （except for independent custody agreement） |
| Physical daily/monthly statements |
A monthly flat rate of HK$20 per account |
| Re-issue of Statement of Account |
Within 12months：free of charge
over 12months：HK$50 per copy |
| Audit Confirmation |
Free of charge |
| Confirmation of Share Balance / Asset Verification |
HK$ 100 per copy |
| Business Registration /Company Search for New Account |
HK$ 150 Charged at the time of securities a/c opening (applicable to limited company only) |
| Dormant Account Fee |
Monthly Fee HK $100 |
| FATCA Tax Reporting Charge |
USD 1000 per year for each client |
Other services
| Item |
Fee |
| IPO Subscription |
Non-financing |
HK$/CNY 100 per transaction |
| Financing |
HK$/CNY 100 per transaction |
| Fee for Change of Registration at Share Registrar |
HK$ 2.50 per board lot, plus HK$ 100 per stock |
| Capital Investment Entrant Scheme |
HK$ 10,000 per annual |
| Handling Charge of Unclaimed Benefits Entitlement |
HK$/CNY 500, plus 0.25% of cash benefit amount |
| Bank Services Charge |
Local Bank Transfer or Telegraphic Transfer ( HKD or other Foreign Currency ) |
| Currency |
Currency Fee |
| HKD |
HKD 300 |
| CNY |
CNY 200 |
| USD |
USD 30 |
| Others |
(Equivalent to USD 30) |
|
| Returned Cheque Charge |
HK$ 200 per returned cheque |
| Stop Payment Charge |
HK$ 200 per instruction |
| ESOP Related Fee Requirement |
Description |
Fees |
| Exercise /Release Handling Fee (if applicable) |
To assist the Participants in exercising their Share Option/ releasing their Share Award pursuant to the respective Plan(s) |
HKD 100 each time for each Participant |
| Italian Financial Transaction Tax(Italian FTT)* |
The Tax Rate is 0.1% |
| HK stock margin financing services |
| Service |
Handling fee |
| Interest** |
Annual interest P***+3% |
Note:
^ Fees and charges determined and collected by the Government of the Hong Kong SAR, Securities and Futures Commission “SFC” or HKEx are subject to change without prior notice.
* Italian Financial Transaction Tax(Italian FTT)
To comply with the Italian FTT law, customers who trade shares issued by Italian resident companies which listed on The Stock Exchange of Hong Kong Limited via CMB International Securities Limited (CMBIS) are required to pay for the Italian FTT. The tax rate is 0.1%. Applicable taxes should be paid by both buy side and sell side in various derivatives transactions. The tax is declared and processed by CMBIS, and the customers do not need to declare it by themselves. The above tax rate and calculation method etc. of Italian FTT may be subject to changes or further clarification on the Italian FTT law. Such third party costs, fees and charges are subject to change without prior notice and will be determined by CMBIS.
** Interest is calculated daily and debited at the end of each month. If the day is a bank holiday, we will debit on the previous working day.
*** Until the end of 2022, new retail clients enjoy a special margin financing rate of 6.5%.
**** For HKD: P is HSBC’s prime interest rate.
**** For USD: P is HSBC’s prime interest rate.
**** For RMB: P is Bank of China (Hong Kong)’s prime interest rate.
Global securities trading services:
| Shanghai-Hong Kong Stock Connect / Shenzhen-Hong Kong Stock Connect (Northbound trading) |
| Item |
Fee |
Minimum |
Maximum |
| Commission charges： |
| Brokerage Fee |
Via telephone |
0.25% of transaction amount |
RMB 80 |
-- |
| Via on-line trading |
0.20% of transaction amount |
RMB 60 |
-- |
|
| ***No platform service charges*** |
| Standard fees： |
| Charge rate |
Charge rate |
Payable to |
| Handling fee |
0.00341% of transaction amount (each buy/sell side) |
Shanghai Stock Exchange |
| Securities management fee |
0.002% of transaction amount (each buy/sell side) |
China Securities Regulatory Commission |
| Transfer fee |
0.003% of transaction amount (each buy/sell side) |
China Clear's / CCASS |
| Stamp duty |
0.10% of transaction amount (Seller only) |
China State Administration of Taxation |
| Custody fee |
0.008% of portfolio value / 365 (daily calculation) |
CCASS |
| Shanghai B Shares / Shenzhen B Shares |
| Item |
Fee |
Minimum |
Maximum |
| Commission charge： |
| Brokerage |
0.30% of transaction amount |
US$ 30 （Shanghai） |
-- |
| |
0.30% of transaction amount |
HK$ 200 （Shenzhen） |
|
| Standard charges： |
| Stamp Duty |
0.10% of transaction amount（Subject to sell transaction only） |
-- |
-- |
| Transaction Levy |
0.00341% of transaction amount |
-- |
-- |
| SCRC Fee |
0.002% of transaction amount |
-- |
-- |
| Clearing Fee |
0.002% of transaction amount |
-- |
HK$500 （Shenzhen）/ US$50 (Shanghai) |
| Dividend Collection Fee |
0.25% of cash dividend amount |
US$15 （Shanghai） |
-- |
| |
0.25% of cash dividend amount |
HK$100 （Shenzhen） |
|
| Bonus Collection Fee |
US$15per stock （Shanghai） |
-- |
-- |
| |
HK$100per stock （Shenzhen） |
|
|
