Hong Kong Stock Exchange updates stock trading fee structure, removing fee caps.

Gate News bot message, on June 30, the Hong Kong exchange officially implemented the latest stock trading fee structure, removing the previous fee limit of 2 HKD to 100 HKD. Under the new system, the trading fee is uniformly adjusted to 0.0042%, charged both ways for buying and selling. Taking a microtransaction of 1000 HKD as an example, the fee drops from the original 2 HKD to 0.042 HKD. Industry insiders stated: "This adjustment is related to the Hong Kong market's policy of lowering the minimum price fluctuation (the smallest price change unit for buying and selling stocks). Under the new standard, the cost for investors in microtransactions will significantly decrease." The new fee structure also removes the maximum fee limit, providing institutional investors with a more precise cost calculation basis for large-scale transactions.

Source: Jinshi