Costs of selling IPO shares in Hong Kong: stamp duty 0.1% rounded up
No stamp duty is charged on IPO allotment, but selling after listing is a secondary-market trade:
| Item | Rate | Rounding |
|---|---|---|
| Stamp duty | 0.1% (each side) | fractions of HK$1 rounded up |
| Trading fee | 0.00565% | nearest cent |
| SFC levy | 0.0027% | nearest cent |
| AFRC levy | 0.00015% | nearest cent |
| Broker commission / platform / settlement | per broker | — |
Example: 1,000 shares at HK$10.00 = HK$10,000 consideration, stamp duty HK$10. At HK$10.001 it becomes 10.001 → HK$11.
Sources: GovHK stamp duty rates (from 17 Nov 2023: 0.1% on every bought and sold note, fractions of $1 rounded up); HKEX "Transaction" fees page. Checked 2026-10-17.