What does the brokerage commission cost mean?

Brokerage commission is the fee charged by brokers according to the transaction amount when buying and selling securities for investors.

According to the provisions of China's tax law, stamp duty is levied on stock transfer documents written by stock exchanges for trading, inheritance and donation in the securities market according to the actual market price at the time of writing. At present, the collection standard is 0. 1%. (Subscription of new shares is free of commission, transfer fees and stamp duty).