CSDC Implements 50% Discount on Securities Pledge Registration Fees for SFISF

[SMM Steel Market Morning News: China Securities Depository and Clearing Corporation (CSDC) Implements Preferential Measures for Securities Pledge Registration Fees Involved in Securities, Fund, and Insurance Company Swap Facilities]

CSDC issued a notice stating that, to better support the smooth implementation of securities, fund, and insurance company swap facilities (SFISF), it has decided to implement a 50% discount on all securities pledge registration fees related to SFISF handled by CSDC. Among these, the securities pledge registration fees for Stock Connect are charged based on the number of pledged shares (units).