Published On: Fri, Aug 31st, 2012

Reduced Trading Supervision Fee in Shanghai Securities Market

The charging standard for the A-share and B-share trading supervision fee in the Shanghai-based securities market from January 1, 2012 will be adjusted to 0.02‰ from 0.04‰ according to trading amounts, and the charging of the supervision fees of fund and bond trading will be exempted (The charging standard of warrant trading will refer to that of fund trading), according to the “Notice of Forwarding ‘Notice of The National Development and Reform Commission as well as The Ministry of Finance on Dropping Charging Standard of Supervision Fees in Securities and Futures Markets and Other Issues'” issued by the China Securities Regulatory Commission [A Letter of CSRC Accounting Department: (2012) No. 403].

Relevant rates for the trading and clearing in the Shanghai-based securities market from September 1, 2012 will be adjusted according to the above standard. The refund arising from charging according to the original standard from January 1 to August 31, 2012 will be notified later.

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