On December 3, the Bond Connect Company announced that in order to further reduce the trading costs for overseas investors, effectively enhance the sense of gain for market participating institutions, promote investment trading in Bond Connect, and continuously improve market service levels, the Bond Connect Company will increase efforts to reduce fees. Starting from January 1, 2025, the service fees will be adjusted as follows: for symbols with a remaining maturity of one year or less, the fee will be reduced from 0.0015% of the face value to 0.0006%; for symbols with a remaining maturity of more than one year, the fee will be reduced from 0.0030% of the face value to 0.0012%. This fee reduction amounts to 60%, representing the largest fee reduction by the Bond Connect Company in the seven years of Bond Connect's operation and marks the company's fourth reduction in fees. This move highlights the Bond Connect Company's active response to investor concerns, supports the positive development of the Bond Connect mechanism, and demonstrates its commitment to providing practical services to the market in the long term. (Securities Daily)