Reducing the rate of Stamp Duty on Stock

Dear Customer:

Reduce stamp duty on stock transactions
According to a notice from the Hong Kong Stock Exchange, starting from November 17, 2023, the rate of stamp duty chargeable on contract notes for any sale or purchase of Hong Kong securities (but not securities distribution business) will be reduced from 0.13% to 0.1%.
Details: https://www.hkex.com.hk/-/media/HKEX-Market/Services/Circulars-and-Notices/Participant-and-Members-Circulars/SEHK/2023/cc_SEHK_CT_158_2023.pdf
If you have any questions, please contact the customer service hotline 3980 2333.
Thank you for your attention.

Sincerely
Conrad Investment Services Limited
November 16, 2023