Notification of Reduction of Stamp Duty on Stock Transactions

Dear Valued Customers,

Notification of Reduction of Stamp Duty on Stock Transactions

With effect from 17 Nov 2023, the rate of stamp duty chargeable on a contract note for the sale or purchase of any Hong Kong stock (not being jobbing business) will be reduced from 0.13% to 0.1%. For details, please refer to the notice from HKEX: Reduction of Stamp Duty on Stock Transactions Effective 17 November 2023 (hkex.com.hk) .

If you have any enquiries, please do not hesitate to contact your Account Manager or call our Customer Service Hotline at (852) 2237 9338 / 400 818 0338 from 9am to 6pm, Monday to Friday or via email csi-callcentre@citics.com.hk.

Yours faithfully,

CITIC Securities Brokerage (HK) Limited