1、Shanghai B

Service	Standard Fee
Trading Commission	0.28%
Custodian Fee (Calculated on an annually basis, collected on a monthly basis)	Free of Charge
Stamp Duty (For sell transactions only）	0.05% of the transaction amount
Clearing Fee	0.002% of the transaction amount, max. USD 50
Transaction Levy	0.00341% of the transaction amount
Administration Fee (collected by CSRC)	0.002% of the transaction amount
Withholding Tax	10%
Dividend Collection	USD 6
Stock Transfer Fee	USD 75/transaction + the total value of the previous closing day of each stock * 0.002%, min. USD 25.64 (In/Out)
Corporate Action Fee	USD 30/transaction

Note：

（1）Trading Hours: 09:30-11:30(AM)、13:00-15:00(PM)

（2）Settlement currency: USD

（3）Settlement date T+3

（4）Min. charge USD 60.00

（5）Support Combine-trade，internet order and telephone orders supported

2、Shenzhen B

Service	Standard Fee
Trading Commission	0.28%
Custodian Fee (Calculated on an annually basis, collected on a monthly basis)	Free of Charge
Stamp Duty (For Sell Transactions only）	0.05% of the transaction amount
Clearing Fee	0.002% of the transaction amount, max. HKD 500
Transaction Levy	0.00341% of the transaction amount
Administration Fee (collected for CSRC)	0.002% of the transaction amount
Withholding Tax	10%
Handling Fee for Dividend Collection	HKD 50
Stock Transfer Fee	HKD 600.00/ transaction + the total value of the previous closing day of each stock * 0.002%, Min. HKD 200 (In/Out)
Corporate Action Fee	USD 30.00/transaction

Note：

（1）Trading Hours: 09:30-11:30(AM) 、 13:00-15:00(PM)

（2）Settlement currency: HKD

（3）Settlement date T+3

（4）Min. charges HKD 230.00

（5）Support Combine-trade，internet order and telephone order

3、South Korea

Service	Standard Fee
Trading Commission	0.40%
Custodian Fee (Calculated on an annually basis，collected on a monthly basis)	Free of Charge
Sales Tax (For Sell Transactions only)	0.18% of the transaction amount
Withholding Tax	15%
Dividend Collection	KRW 5000
Stock Transfer Fee	USD 100.00/transaction (In/Out)
Corporate Action Fee	USD 30.00/ transaction

Note：

（1）Trading hours 08:00-14:30

（2）Settlement currency: KRW

（3）Settlement date T+2

（4）Min. charge KRW 60000

（5）Telephone orders only; combined-trades not supported

4、Japan

Service	Standard Fee
Trading Commission	0.30%
Custodian Fee (Calculated on an annually basis，collected on a monthly basis)	0.02% of total market value
Withholding Tax	15.315%
Dividend Collection	1.20% min JPY 1200
Stock Transfer Fee	USD 100.00 / transaction (In/Out)
Corporate Action Fee	USD 30.00 / transaction

Note：

（1）Trading hours: 08:00-10:30(AM),11:30-14:30 (PM)

（2）Settlement currency: JPY

（3）Settlement Date T+2

（4）Min. charge JPY 2,500

（5）Telephone orders only; combined-trades not supported

5、Australia

Service	Standard Fee
Trading Commission	0.40%
Custodian Fee (Calculated on an annually basis, collected on a monthly basis)	0.01% of total market value
Withholding Tax	30-46.5%
Dividend Collection	AUD 7
Stock Transfer Fee	USD 100.00/transaction (In/Out)
Corporate Action Fee	USD 30.00/ transaction

Note：

（1）Trading hours: 07:00-13:00 (summer); 08:00-14:00 (winter)

（2）Settlement currency: AUD

（3）Settlement date T+2

（4）Min. charge AUD 45

（5）Telephone orders only; combined-trades not supported

6、Singapore

Service	Standard Fee
Trading Commission	0.3%
Custodian Fee (Calculated on a annually basis，collected on a monthly basis)	Free of Charge
Clearing Fee	0.0325% of the transaction amount
Transaction Levy	0.0075% of the transaction amount
On-Exchange Transactions - Brokerage-Custodian Settlement Fee	SGD 0.35 / USD 0.26 / EUR 0.32 / HKD 2.00 / AUD 0.36 (based on settlement currency) / transaction
Goods and Services Tax (GST)(for Singapore Person)	Subject to Inland Revenue Authority of Singapore(IRAS) Announcement
Withholding Tax	0-15%
Dividend Collection	3%, min. SGD 10.00, max. SGD 120.00
Stock Transfer Fee	USD 100/transaction (In/Out)
Corporate Action Fee	USD 30/ transaction

Note：

（1）Trading hours: 09:00-17:00

（2）Settlement currency: SGD/USD

（3）Settlement date T+2

（4）Min. charge SGD 40.00 / USD 30.00

（5）Telephone orders only; combined-trades not supported

7、Thailand

Service	Standard Fee
Trading Commission	0.35%
Custodian Fee (Calculated on an annually basis，collected on a monthly basis)	Free of Charge
VAT & Other Transaction Fees	Trading Commission 7% (according to the current tax rate)
Withholding Tax	10%
Dividend Collection	THB 800
Stock Transfer Fee	USD 100.00/transaction (In/Out)
Corporate Action Fee	USD 30.00/transaction

Note：

（1）Trading hours: 10:30-13:30(AM), 15:00-17:40(PM)

（2）Settlement currency THB

（3）Settlement Date T+2

（4）Min. charge THB 875

（5）Telephone orders only; combined-trades not supported

8、Canada

Service	Standard Fee
Trading Commission	0.40%
Custodian Fee (Calculated on an annually basis，collected on a monthly basis)	0.02% of total market value
Withholding Tax	25%
Dividend Collection	CAD 6
Stock Transfer Fee	USD 100.00/transaction (In/Out)
Corporate Action Fee	USD 30.00/transaction

Note：

（1）Trading hours: 21:30-04:00 (summer); 22:30-0:00 (winter)

（2）Settlement currency: CAD

（3）Settlement date T+2

（4）Min charge CAD 42

（5）Telephone orders only; combined-trades not supported

9、United Kingdom

Service	Standard Fee
Trading Commission	0.50%
Custodian Fee (Calculated on an annually basis，collected on a monthly basis)	Free of Charge
Stamp Duty (For Sell Transactions only)	0.5% of the transaction amount
PTM Levy	￡1.00/transaction ( Applicable for specified stocks with a transaction amount over ￡10,000 )
Withholding Tax	10%
Dividend Collection	1.20% min GBP 12
Stock Transfer Fee	USD 100.00/transaction (In/Out)
Corporate Action Fee	USD 30.00/transaction

Note：

（1）Trading hours: 15:00-23:30 (summer); 16:00-00:30 (winter)

（2）Settlement currency: GBP

（3）Settlement Date T+2

（4）Min. charge GBP 85 / USD 100

（5）Telephone orders only; combined-trades not supported

10、EURONEXT（France）

Service	Standard Fee
Trading Commission	0.30%
Custodian Fee (Calculated on an annually basis，collected on a monthly basis)	0.02% of total market value
Financial Transaction Tax	0.2% of the transaction amount
Withholding Tax	25%
Dividend Collection	EUR 12
Stock Transfer Fee	USD 100.00/transaction (In/Out)
Corporate Action Fee	USD 30.00/transaction

Note：

（1）Trading hours: 15:00-23:30 (summer); 16:00-00:30 (winter)

（2）Settlement currency: EUR

（3）Settlement date T+2

（4）Min. charge EUR 50

（5）Telephone orders only; combined-trades not supported

11、Germany

Service	Standard Fee
Trading Commission	0.30%
Custodian Fee (Calculated on an annually basis，collected on a monthly basis)	0.02% of total market value
Withholding Tax	26.375%
Dividend Collection	EUR 12.00
Stock Transfer Fee	USD 100.00/transaction (In/Out)
Corporate Action Fee	USD 30.00/transaction

Note：

（1）Trading hours 15:00-23:30 (summer); 16:00-00:30 (winter)

（2）Settlement currency: EUR

（3）Settlement date T+2

（4）Min. charge EUR 50

（5）Telephone orders only; combined-trades not supported

12、Sweden

Service	Standard Fee
Trading Commission	0.30%
Custodian Fee (Calculated on an annually basis，collected on a monthly basis)	0.01% of total market value
Withholding Tax	30%
Dividend Collection	SEK 60
Stock Transfer Fee	USD 100.00/transaction (In/Out)
Corporate Action Fee	USD 30.00/transaction

Note：

（1）Trading hours 15:00-23:30 (summer); 16:00-00:30 (winter)

（2）Settlement currency: SEK

（3）Settlement date T+2

（4）Min. charge SEK 250 / EUR 25

（5）Telephone orders only; combined-trades not supported

13、Switzerland

Service	Standard Fee
Trading Commission	0.30%
Custodian Fee (Calculated on an annually basis，collected on a monthly basis)	0.06% of total market value
Withholding Tax	35%
Dividend Collection	CHF 15
Stock Transfer Fee	USD 100.00/transaction (In/Out)
Corporate Action Fee	USD 30.00/transaction

Note：

（1）Trading hours: 15:00-23:30 (summer); 16:00-00:30 (winter)

（2）Settlement currency: CHF

（3）Settlement date T+2

（4）Min. charge CHF 60

（5）Telephone orders only; combined-trades not supported

14、Other remarks

（1）Fee charges depend on each country’s tax policy

（2）Handling fees will be calculated according to the amount after tax

（3）Not less than 14 days of processing time for overseas dividends

/Major Asset Classes Research