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Securities Association of China: Industry-wide average net commission rate falls to 0.0171%
According to the Securities Association of China, which distributed an analysis of the securities industry's operating conditions for the first half of the year, securities firms provided trading and custody services for client assets totaling 11.274 trillion yuan in the first half of the year. The industry-wide average net commission rate for agency buying and selling of securities dropped to 0.0171%, significantly reducing investors' transaction costs. (Securities Times)
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