Transaction Charges

China Connect Transaction Charges

	Ratio	Fee Collecting Party
Handling Fee	0.00341% of turnover from both sides	SSE / SZE
Securities Management Fee	0.002% of turnover from both sides	China Securities Regulation Commission (CSRC)
Transfer Fee	0.003% of turnover from both sides (0.001% under ChinaClear’s & 0.002% under CCASS) of the consideration of a transaction per side	ChinaClear HKSCC
Stamp Duty	0.05% of sell-side turnover	State Administration of Taxation (SAT)
Dividend Tax	10% of the dividend amount	State Administration of Taxation (SAT)
Capital gains Tax	Waived	State Administration of Taxation (SAT)
Portfolio Fee	Different levels per portfolio value, up to 0.008% (currently waived until further notice)	Hong Kong Stock Exchange (HKEx)

Remark: Handling fee of ETF is 0.004% of turnover from both sides, and the securities management fee, the transfer fee of ChinaClear’s and stamp duty of ETF are waived.

Clearing & Settlement Instruction (SI) process for the China Connect

Please contact our brokers or customer service department about the Clearing & Settlement Instruction (SI) process for the China Connect!