The Hong Kong Stock Exchange announced today that it will optimize the share payment fee structure in the securities market to improve market efficiency and ensure that the relevant fees are more closely linked to the transaction amount. HKEx will abolish the minimum and maximum share transfer fee limits and adjust the fee rate uniformly to 0.42 basis points per transaction. The new fee structure is designed to ensure that overall market expenses do not increase as a result, and balance the cost of fees for all transaction sizes. In addition, the share transfer fee rate for eligible bookmaker transactions provided for exchange-traded products will also be adjusted to 0.20 basis points, and minimum and maximum fees will be abolished. The adjusted fees are similar to the past costs of ETP bookmaker activities to ensure that the ETP market continues to have sufficient liquidity.

The Hong Kong Stock Exchange announced today that it will optimize the share payment fee structure in the securities market to improve market efficiency and ensure that the relevant fees are more closely linked to the transaction amount. HKEx will abolish the minimum and maximum share transfer fee limits and adjust the fee rate uniformly to 0.42 basis points per transaction. The new fee structure is designed to ensure that overall market expenses do not increase as a result, and balance the cost of fees for all transaction sizes. In addition, the share transfer fee rate for eligible bookmaker transactions provided for exchange-traded products will also be adjusted to 0.20 basis points, and minimum and maximum fees will be abolished. The adjusted fees are similar to the past costs of ETP bookmaker activities to ensure that the ETP market continues to have sufficient liquidity.