Group 1 - The brokerage industry is experiencing an intensified commission war to attract new clients, with several firms offering significantly reduced commission rates for new accounts [1] - A leading brokerage in South China is offering a commission rate of 0.841 per ten thousand for stocks and 0.5 per ten thousand for ETFs for new accounts, while a brokerage in North China offers a rate of 0.845 per ten thousand for accounts with a minimum deposit of 500,000 [1] - State-owned brokerages have introduced limited-time offers with commission rates as low as 0.8 per ten thousand for new accounts, and even lower rates of 0.5 per ten thousand for ETFs and convertible bonds, indicating that net commissions charged by brokerages could be as low as 0.2 per ten thousand [1] Group 2 - Some brokerages indicate that these ultra-low commission rates are only available to high-frequency trading investors, suggesting a targeted approach to client acquisition [2] - There has been a noticeable increase in clients consulting about commission adjustments, and the frequency of account transfers among clients has also risen [2]