Hong Kong Stocks

Brokerage 

(Transactions by Phone) 0.25% of consideration
(Transactions via internet) 0.15% of consideration

Min. HK$100
Min. HK$50

T+2 

Stamp Duty 

0.1% of consideration 

Min. HK$1 
(Any fraction of HK$1 in stamp duty payable shall be rounded up to the nearest HK$1) 

T+2 

Transaction Levy

0.0027% of consideration 

N/A 

T+2 

FRC Transaction Levy (including initial public offer share (“IPO Shares”) and preferential offer for IPO Shares) 

0.00015% per side of the consideration (rounded to the nearest cent) 

N/A 

T+2 

Trading Fee

0.00565% of consideration 

N/A 

T+2 

CCASS Fee

0.002% of consideration 

Min. HK$2 
Max. HK$1,000 

T+2 

Financial Transactions Tax 
(applies to Italian resident companies, e.g. #1913) 

Net trade balance (positive) x Weighted Average Price of purchases x Tax Rate 
 
The applicable tax rate to transfers of Shares performed on the Hong Kong Stock Exchange is 0.20% (exceptionally increased to 0.22% for year 2013 only) 

N/A 

T+2 

Stocks Custodian Fee 
(for margin clients only) 

HK$0.015 per board / odd lot 

N/A 

Last working day of each month 

Bonds Custodian Fee 

Margin clients: HK$0.015 per board (or odd) lot 
Cash clients: Free 
CIES clients: Free for HKEx listed bonds; HK$50 per month and per account for non-HKEx listed bonds 

N/A 

Last working day of each month 

Coupon Interest Collection Fee 

HKEx listed bonds: Free 
Non-HKEx listed bonds: 0.5% of the interest amount 
(applicable to all types of account including Margin, Cash and CIES) 

Min. HK$50  
Max. HK$1,000 

Date of event 

IPO / Placement Application 

Cash Application: Waived
Margin / Placement
Application: HK$100 per transaction

N/A 

Date of Event 

Grey Market

0.05% On top of Brokerage

N/A 

L+2*

Delivery 

0.01% of gross value of last trading day’s closing price plus handling fee HK$300 (per stock) 

N/A 

Date of Event 

Receive 

Free 

N/A 

Date of Event 

Interest 
(for Margin Account only) 

Prime rate + 3% per annum 
(except for special agreement) 

N/A 

Last day of each month 

Stock Withdrawal 

HK$5 per board / odd lot 

Min. HK$50 

Date of delivery 

Stock Deposit 

Free 

N/A 

Date of deposit 

Cash Dividend / Scrip Option 

0.5% of cash dividend 

Min. HK$20 
Max. HK$15,000 

Deduct from cash dividend 

Bonus Shares / Bonus Warrants 

HK$2 per board / odd lot 
(based on no. of bonus shares / warrants) 

Min. HK$20 
Max. HK$500 

Bonus allocation date 

Share Subdivision / Share Consolidation / Re-organization 

HK$50 per transaction 

N/A 

Five working days after the Date of Event 

Rights / Warrants Subscription 

HK$0.8 per board / odd lot plus HK$100 handling charge 
(plus scrip fee, if any) 

Max. HK$10,000 

Date of Event 

Privatization / Cash Offer 

HK$2 per board / odd lot 
HK$1 for 500 lots thereafter 
(plus stamp duty & scrip fee) 

Min. HK$20 
(exclude stamp duty & scrip fee) 

Deduct from cash consideration 

Share Exchange 

HK$2 per lot / odd lot 

Min. HK$20 
Max. HK$20,000 

Two working days after the Date of Event 

Dividend / Bonus Claim 

HK$400 per claim (charged whether the claim is succeed or not) plus Dividend / Bonus Collection Charge 
(plus any out-of-pocket expenses) ） 

N/A 

Date of Dividend / Bonus Allocation 

Share register on book-close date for entitlement collection 

HK$2 per board / odd lot 

N/A 

Date of entitlement allocation 

Statement Re-print 

HK$80 per month 

N/A 

Date of Event 

Dormant Account 

HK$100 per year 

N/A 

If an account is dormant in the past year, handling fee to be charged in January of the following year 

Bounced Cheque 

HK$200 per cheque per transaction 

N/A 

Date of Event 

Mailing Statement 

HK$20 per month 

N/A 

Last working day of each month 

Asset Proof Application/
Audit Confirmation

HK$300 per proof per application

N/A 

Date of Event