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Special Subsidy to Exchange Participants and Securities and Futures Commission Licensees

To help reduce the financial burden of the small and medium-sized intermediaries and licensed individuals under the unprecedented business environment, we propose to offer the following special subsidy schemes to the trade –

(a) a cash subsidy of $50,000 to each of the some 790 Category B and Category C exchange participants (i.e. brokers ranked 15th onwards by market turnover); and

(b) a cash subsidy of $2,000 to each of the some 44000 SFC licensed individuals.

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