The Hong Kong Stock Exchange will implement a new stock trading fee structure starting today
ChainCatcher news, according to Jinshi Data reports, the Hong Kong Stock Exchange will implement a new stock trading fee structure starting today (30th), completely breaking the previous limits of a minimum of 2 HKD and a maximum of 100 HKD. "This adjustment is related to the Hong Kong market's policy to lower the minimum tick size (the smallest price movement unit for buying and selling stocks). Under the new standard, the cost for investors making small trades will significantly decrease," industry insiders stated. Specifically, in the past, due to the existence of a minimum fee limit, the trading costs for small transactions were relatively high.For example, for a transaction of 1,000 HKD, the minimum fee was 2 HKD, resulting in a fee ratio of up to 0.2%. After the adjustment, the fee ratio is 0.0042%, which is 0.042 HKD, significantly reducing costs. At the same time, the minimum and maximum fee limits have been removed, allowing institutional investors to calculate trading costs more accurately, optimize trading strategies, and better control costs during large-scale transactions. In addition, under the new regulations, fees will still be charged on both the buy and sell sides.