Securities Service Fees

China Merchants Bank, Hong Kong Branch --- Securities Service Fees (Effective Date: 1 March, 2017)

Securities Trade-Related Services

Item

Fee / Rate

Remarks

Brokerage Fee [1] 

0.2% of transaction amount

(minimum HKD100 /RMB100)  

 

Trading Fee

0.005% of transaction amount

Collected for HKEx [2]

Transaction Levy

0.0027% of transaction amount

Collected for HKSFC [2]

Stamp Duty

0.10% of transaction amount

(rounded up to the nearest HK dollar)

Collected for HKSAR Government [2]

Investor Compensation Levy

Suspended

Suspended by the HKSFC from 19 Dec 05

EIPO

HKD100/RMB100 per transaction

Non-refundable even application is unsuccessful

Scrip Handling and Settlement-Related Services

Item

Fee / Rate

Remarks

Physical Scrip Deposit

Free

 

Physical Scrip Withdrawal

HKD10/RMB10 per board lot

(minimum HKD500/RMB500

 

CCASS Stock Settlement Fee

0.002% of transaction amount

(minimum HKD2, maximum HKD100 / charge on RMB of equivalent HKD for RMB denominated stock)

Charge on buying or selling securities

Settlement Instruction

Transfer-in

Free

 

Transfer-out

HKD500 / RMB500 per stock

Nominee Services and Corporate Actions

Item

Fee / Rate

Remarks

Cash Dividend

 HKD30/RMB30 per transaction

Plus Dividend Collection Fee at 0.12% of dividend amount

(maximum HKD10,000/RMB10,000), collected for HKSCC [2]

Scrip Dividend

HKD30/RMB30 per transaction

 

Share Rights Exercise

HKD30/RMB30 per transaction

Plus Corporate Action Service Fee HKD0.8/RMB0.8 per lot, collected for HKSCC [2]

Warrant Exercise

HKD30/RMB30 per transaction

Plus Corporate Action Service Fee HKD0.8/RMB0.8 per lot, collected for HKSCC [2]

Share Consolidation / Split / Transfer

Free

 

Scrip Fee

HKD1.5/RMB1.5 per board lot

Collected for HKSCC [2],if applicable

Cash offers and other corporate actions with cash consideration

HKD30/RMB30 per transaction

 

0.5% of cash offer amount

(maximum HKD2,000/RMB2,000)

Dividend Claim

0.5% of cash dividend amount

(minimum HKD200/RMB200 per claim )  

Non-refundable even claim is unsuccessful

Information and Other Services

Item

Fee / Rate

Remarks

Online Stock Quotation

Free

 

Statement Copy

HKD100 per copy

 

 

Fees and charges will be collected in RMB or HKD equivalent (according to HKEx exchange rate) for RMB denominated stock as determined by the bank.

China Merchants Bank, Hong Kong Branch reserves the right to revise any charges, special offers and other services from time to time.

[1] The brokerage fee is calculated per transaction on each trading session; If there is more than one transaction executed on a trading day, the brokerage fee of each securities with the same sided will be calculated on a consolidated basis.

[2] Fees and charges determined and collected by The Government of Hong Kong Special Administrative Region / Hong Kong Exchanges and Clearing Limited/ the Securities and Futures Commission of Hong Kong / Hong Kong Securities Clearing Company Nominees Limited are subject to change without prior notice.

 

China Merchants Bank, Hong Kong Branch --- Securities Service Fees

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