Local Securities Regulatory Bureau: Maliciously low-price competition in trading commissions is strictly prohibited.

Reporters have learned that recently, the Hebei Securities Regulatory Bureau emphasized the requirements for the standard of securities trading commission charges. The requirements stipulate setting a bottom line for commission charges and implementing a system where the maximum upper limit of commission charges for A shares, B shares, and securities investment fund transactions can fluctuate downwards. Malicious low-price competition is strictly prohibited, and commission charges must not be lower than the comprehensive cost of securities trading supervision fees and securities exchange fees. This is to ensure the healthy and orderly development of the industry. In addition, it is strictly forbidden to use improper means such as cash rebates, offering physical gifts, or providing non-securities business services to attract customers.