SZSE Lowers Stock Trading Handling Fees by 30%
On August 18, SZSE issued the Notice on Lowering the Handling Fee Standards for Stock Trading. Starting from August 28, 2023, the handling fees for A-share and B-share trading on SZSE will be reduced from 0.0487‰ of the transaction amount at both sides to 0.0341‰ of the transaction amount at both sides, with a decrease of approximately 30%.
An SZSE official stated that the cut of stock trading handling fees is an important measure taken by SZSE to actively implement the spirit of the CPC Central Political Bureau meetings and the deployment at relevant meetings of the State Council. It is a further reduction based on decrease of the share made in 2015. In recent years, SZSE has conscientiously implemented the policies of the CPC Central Committee and the State Council on the reduction of taxes and fees by repeatedly introducing fee reduction measures, increasing the intensity of cutting fees and expanding the scope of benefits in lowering fees so as to promote the boost of market confidence. Next,SZSE will continue to play the role of platform in capital market and improve service quality and efficiency, making positive contributions to promoting high-qualityeconomic development.
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