Hong Kong Stock Exchange Brokerage Fee Liberalization and Market Competition
The practice of “the same contract code, for transactions in the same direction, commission is only charged once” is commonly referred to as “Commission Aggregation / Combined Commission” within the securities industry. This is not a hard-and-fast regulation by the Hong Kong Exchange
HKSG Flash Crash Sell-Off Case
[The company recently raised capital in the Hong Kong market](Nine Fang Zhi Tu.pdf), this fundraising is similar to Xiaomi’s operation, and this article breaks down the details. –>
Nine Fang Intelligent Investment and Sales Interpretation What are the fees associated with participating in the offering; when can these stocks be sold, what other important information is contained in this document?
✅ Fees Associated with Placement This placement activity is a pre-existing shareholder first, then new placement method, targeting new investors (placements), does not involve retail investor subscriptions, therefore: