Wednesday 14 April 2021
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scmp - 1 month ago

Hong Kong may open up bond market to Chinese investors this summer, finance minister says, as he outlines plans for review of city’s property taxes

Chinese investors could tap into Hong Kong’s bond market as early as this summer, the city’s finance minister revealed on Thursday, as he outlined his plan to review property tax.Financial Secretary Paul Chan Mo-po said the review would focus on topics including applying different charges to properties of different value, and having those who bought just for rental income pay more tax.On introducing the controversial 30 per cent rise in stamp duty, he said the government would continue to…


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