Hong Kong Stock Exchange supports payment of stamp duty and related transaction costs in Renminbi.

The Hong Kong Stock Exchange (HKEX) welcomed the publication of the Stamp Duty (Amendment) (No. 2) Ordinance 2026 in the Gazette by the Hong Kong Special Administrative Region Government today (July 17th). The ordinance specifies that stamp duty for RMB trades of dual counter securities will be calculated and paid in RMB. In order to provide a more convenient and consistent payment mechanism for exchange participants, HKEX will make corresponding arrangements to support participants in paying the Securities and Futures Commission's transaction levy, Hong Kong Stock Exchange's transaction levy, Investor Compensation Levy (currently suspended), and fees payable to the Stock Exchange of Hong Kong (referred to as trading related expenses) in RMB. HKEX's Chief Operating Officer, Blythe Wong, said, "We welcome the Hong Kong SAR Government's enactment of the relevant legislation, which is an important step in supporting the RMB as a trading currency in the securities market. By unifying the stamp duty for RMB trades and the payment currency for trading-related fees, we hope to facilitate global investors' use of RMB to participate in the market and lay the groundwork for the inclusion of RMB counters in the Hong Kong Stock Connect in the future. We will continue to work closely with regulatory authorities and market participants to strengthen Hong Kong's market infrastructure and expand the RMB product ecosystem in Hong Kong, promoting the ongoing internationalization of the RMB." HKEX is currently in communication with the relevant authorities and market stakeholders and is undergoing the necessary system upgrades to support the payment of stamp duty and trading-related fees in RMB. The new arrangements will only be implemented after the Hong Kong SAR Government publishes the relevant effective announcement, obtains the necessary regulatory approvals, and the market is ready. Further details on operational arrangements and expected implementation timelines will be announced in due course.