According to ChainCatcher, the Hong Kong Stock Exchange has implemented a new stock settlement fee structure since the 30th, removing the minimum limit of HK$2 and the maximum limit of HK$100. This move is related to the reduction of the minimum price policy.
Under the new standard, the cost of small transactions has dropped significantly. For example, the fee for a HK$1,000 transaction has dropped from 0.2% to 0.0042%, or HK$0.042. After the fee limit is removed, institutional investors can calculate costs more accurately and optimize strategies. The new rules still charge both buyers and sellers.