Notice of Northbound Fees Adjustment In Relation to Shanghai-Hong Kong Stock Connect
2015-07-31
Shanghai Stock Exchange and China Securities Depository and Clearing Corporation Limited is having fee revisions in relation to the trading and clearing of A Shares which will become effective on 1 August 2015. The fees payable by all investors for Northbound Trading through Shanghai-Hong Kong Stock Connect will be revised and will take effect on 3 August 2015. Detailed as below:
| Items | Existing Fee | Revised Fee |
|---|---|---|
| Handling Fee | 0.00696% of the consideration of each transaction per side | 0.00487% of the consideration of each transaction per side |
| Securities Management Fee | 0.002% of the consideration of each transaction per side | No Change |
| Transfer Fees | 0.06% of the face value of each transaction per side | 0.002% of the consideration of each transaction per side payable under ChinaClear's Shanghai-Hong Kong Stock Connect Rules; and |
| 0.002% of the consideration of each transaction per side payable under the General Rules of CCASS for the provision of Stock Connect Northbound Clearing services by HKSCC | ||
| (Note that HKSCC will waive the payment of this Transfer Fee under the General Rules of CCASS for 6 months from the effective date of the rule change | ||
| Stamp Duty | 0.1% of the consideration of each transaction of the seller | No Change |
Click to learn more about HKEX Circular.
Click to learn more about Shanghai-Hong Kong Connect Information
For any enquiries, please contact BOC Service Hotline: 888 95566
Bank of China Limited Macau Branch
31 July 2015
