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Hong Kong Exchanges: After the closing of the market on September 5, the exchange deduction rate between the RMB and the Hong Kong dollar and the RMB and the US dollar will remain 2.6%.

Source: Odaily
Odaily Planet Daily News The Hong Kong Stock Exchange issued a notice stating that according to Section 10.10.1 and Section 10.1 of the Central Settlement System Operating Procedure Rules, Hong Kong Settlement determines that the exchange deduction rate between the RMB and the Hong Kong dollar and the RMB and the US dollar will remain at 2.6% after the closing on September 5, 2025. This deduction rate will be applied to settlement participants’ daily payment of any difference payments, deposits and collateral requirements in Hong Kong dollars or US dollars in settlement currency, and vice versa. Settlement participants shall make the required funds arrangements to pay any relevant requirements adjusted by the RMB deduction rate. (Jin Shi)
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