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{Market Preview}Don't be over optimistic on gold price- ET Net etnet.com.hk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etnet.com.hk Daily Mail and Mail on Sunday newspapers.
Hong Kong’s First Trading Tax Hike Since 1993 Pummels Stocks Bloomberg 2/24/2021 Kiuyan Wong and Felix Tam (Bloomberg) Hong Kong unveiled its first stamp-duty increase on stock trades since 1993, sparking a broad selloff in the $7.6 trillion market and sending shares of the city’s exchange to their biggest plunge in more than five years. Popular Searches The plan for a trading-tax hike to 0.13% from 0.10% is part of a raft of new measures announced in Hong Kong’s budget on Wednesday that included increased spending to help residents weather the pandemic. Even as the city’s economy has plunged over the past year, stock prices and trading have surged amid a global market boom. ....
Hong Kong Market Tumbles After "Shock" Transaction Tax Hike To Pay For Government Handouts zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Hong Kong yesterday unveiled its first stamp-duty increase on stock trades since 1993, sparking a broad selloff in the US$7.6 trillion market and sending shares of the territory’s exchange to their biggest plunge in more than five years. The planned trading-tax increase to 0.13 percent from 0.10 percent was part of a raft of new measures announced in Hong Kong’s budget that included increased spending to help residents weather the COVID-19 pandemic. Even as the territory’s economy has plunged over the past year, stock prices and trading have surged amid a global market boom. Hong Kong’s benchmark Hang Seng Index sank 2.9 percent ....
Hong Kong's first trading tax hike since 1993 pummels stocks, Companies & Markets News & Top Stories straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.