Hong Kong Stock Exchange (0388) Chief Executive Officer Champions League soon sent to brokers to send "good news", including the two-year monthly fee discount plan for brokers, and the launch of the mainland market data promotion plan in October this year.
Regarding the monthly fee discount plan, the Stock Exchange will provide a monthly fee discount plan to exchange participants (participants) operating in it, charging each participant’s first Monthly fee for the Central Transaction Gateway session and the first monthly fee for the Stock Exchange’s trading rights throttling rate.
The discount plan lasts for two years and provides a total discount of RMB 64,560, which is RMB 2,690 per month.
Regarding the mainland market data promotion plan, the Hong Kong Stock Exchange stated that each participant can receive a free mobile application securities streaming quotation service for up to 300 orders per month for use by mainland customers for 12 consecutive months during the promotion period. The application period for the promotion plan is open until March 31 next year.
Champions League said that the purpose of the above-mentioned preferential plan is to help market participants relieve the direct pressure on operating costs, while supporting their continued business growth.
He also mentioned that in the past two years, Hong Kong and the world have experienced many challenges.
The continued impact of the novel coronavirus, coupled with the tense global situation from time to time, has put pressure on Hong Kong, and certain parts of the local economy and communities are facing severe difficulties.
Nevertheless, Hong Kong's financial market, financial services and various related professional sectors have shown a high degree of resilience.
The capital market in Hong Kong is still very prosperous. Not only has the trading volume increased steadily, but the IPO market also continues to thrive.
Xu Yibin, Chief Executive Officer of Yaocai Securities, described the plan launched by the Hong Kong Stock Exchange as a "good thing" that helped the industry save a little cost, especially as the current performance of Hong Kong stocks is weak and transactions are shrinking.
