China Merchants Securities stock transaction costs include three parts:

1. Stamp duty of China Merchants Securities: 65438+ 0‰ of the transaction amount. At present, it is changed from bilateral collection to seller's unilateral collection.

2. China Merchants Securities (Shanghai stock only) transfer fees: charge 1 yuan for every 1 10,000 shares, and charge 1 yuan for less than 1 10,000 shares.

3. Commission of China Merchants Securities Trading: the highest is 0.5‰-3‰ of the transaction amount, and the lowest is from 5 yuan. If the commission of a single transaction is less than that of 5 yuan, it will be charged according to 5 yuan.

Under normal circumstances, China Merchants Securities will give preferential treatment to customers with large amount of funds and transactions, and reduce the commission rate. Therefore, customers with large amount of funds and frequent transactions can apply to China Merchants Securities themselves. In addition, China Merchants Securities will provide different commission rates according to whether customers conduct telephone transactions or online transactions. Generally speaking, the commission charged for online transactions is very low.

Suppose you buy 2000 shares of China Merchants Bank, the transaction price is 20 yuan, and the commission is 0.3%. Let's calculate your expenses:

Transaction amount: 2000 * 20 = 40,000 yuan.

Commission: 0.003*40000= 120 yuan.

Stamp duty: 0.003*40000= 120 yuan.

China Merchants Bank is a Shanghai stock, so it charges a transfer fee.

Transfer fees: 2000 shares *0.00 1=2 yuan.

Your total cost: 120+ 120+40+2=242 yuan.

Your settlement amount is: 40000+242=40242 yuan.

Your cost price is: 40242/2000 = 20.121yuan.