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  • August 28, 2014
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Results 1 - 10 of 12 for stamp duty

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  1. News - Hong Kong - FINANCE

    Hong Kong property cooling measures won’t ease ‘until US interest rates rise’

    Posted May 19th 2014, 11:43pm by NICK EDWARDS AND ENOCH YIU

    ... ease H.K. stamp duties Investors should not expect any easing of measures to cool the property market until a rise in US interest rates. That was the message yesterday from Secretary for Financial Services and the Treasury Chan Ka-keung. He described the stamp duties designed to hold back real estate speculation as "extraordinary measures for extraordinary times". And he ...

    http://www.scmp.com/news/hong-kong/article/1515911/us-interest-rate-rises-big-factor-when-relax-property-market-curbs
  2. News - Hong Kong - FINANCE

    Cash reserves to dry up in 20 years, finance secretary to warn in budget

    Posted Jan 10th 2014, 12:06am by Olga Wong

    ... balanced its books and generated surpluses of billions of dollars through land revenues and stamp duty from stock transactions. But Tsang's fiscal advisers have found the revenue might ...

    http://www.scmp.com/news/hong-kong/article/1401806/cash-reserves-dry-20-years-finance-secretary-warn-budget
  3. Business - Banking & Finance - FINANCE

    New round of mortgage tightening likely amid fears of property bubble

    Posted Feb 04th 2013, 08:30pm by Enoch Yiu

    ... shown signs of rising. Prices retreated by 1.6 per cent from a record high after the introduction of a new buyers' stamp duty and adjusted special stamp duty on October 27. ...

    http://www.scmp.com/news/hong-kong/article/1143275/hkma-warns-against-overheated-property-market-ahead-mortgage
  4. Business - Banking & Finance - FINANCE

    Bitcoin investors cash in as US says it could embrace the virtual currency

    Posted Nov 20th 2013, 02:55am by DANNY LEE, Angela Meng and Adrian Wan

    ... entrepreneurs." Bobby Lee, founder and CEO of BTC China, the largest bitcoin exchange on the mainland, said the hoped-for regulation would stamp out lawbreaking. "If bitcoin makes illegal activity easier, then we should regulate it, so that law enforcers can still carry out their duties," Lee said. "That's the only way for bitcoin to have long-term success." ...

    http://www.scmp.com/business/banking-finance/article/1360696/bitcoin-investors-cash-us-says-it-could-embrace-virtual
  5. News - Hong Kong - FINANCE

    Leung snubs city developers' plea for tax exemption

    Posted Dec 19th 2012, 12:00am by JOYCE NG AND SANDY LI

    ... Joyce Ng and Sandy Li Chief executive announces that new property 'stamp duty' will apply to all non-local and corporate buyers in bid to close loopholes C.Y. snubs city ... Leung Chun-ying announced after an Executive Council meeting yesterday that the original plan to impose a special tax of 15 per cent of the transaction price - known as the buyer's stamp ...

    http://www.scmp.com/news/hong-kong/article/1107758/cy-leung-rejects-city-developers-plea-property-tax-exemption
  6. Business - Companies - FINANCE

    Jailed tycoon Wong Kwong-yu and wife agree to pay HK$420m to Gome in misconduct case

    Posted Mar 11th 2014, 10:17pm by Enoch Yiu

    ... their directors' duties to ensure a repurchase was in the best interest of the company. Instead, they engineered the deal to make personal gains at the expense of Gome. "Wong did not make full ...

    http://www.scmp.com/business/companies/article/1446615/jailed-tycoon-wong-kwong-yu-and-wife-agree-pay-hk420m-gome
  7. Business - Banking & Finance - FINANCE

    Chinaleaks: Hong Kong anti-poverty duo 'failed to declare ties to tax haven'

    Posted Jan 23rd 2014, 12:01am by Tanna Chong

    ... in her December 2012 disclosure that she held no substantial shareholding in any company. The ICIJ papers, dated 2010, reveal stakes in two BVI-registered companies, Duty Win and Core China ...

    http://www.scmp.com/business/banking-finance/article/1411334/tycoon-union-leader-failed-declare-ties-tax-haven-leaked
  8. Business - Banking & Finance - FINANCE

    Surge in use of bitcoin leads to ban on China trading

    Posted Dec 05th 2013, 11:31pm by JANE CAI

    ... Bitcoin's price slumped to below US$1,000 on major trading platforms after the announcement. It was trading at US$980 in the afternoon on BitStamp, down sharply from US$1,138.58 the day before. ...

    http://www.scmp.com/business/banking-finance/article/1374052/surge-use-bitcoin-leads-ban-china-trading
  9. News - Hong Kong - FINANCE

    Calls for government to limit size of fiscal reserve

    Posted Feb 19th 2013, 12:00am by Tony Cheung

    ... financial year - partly due to a considerable increase in stamp duty and land sales revenue. The amount is expected rise further by the end of the current financial year next month. ...

    http://www.scmp.com/news/hong-kong/article/1153362/calls-government-limit-size-fiscal-reserve
  10. News - Hong Kong - FINANCE

    HKMA doubles the guard against money laundering

    Posted Apr 25th 2013, 05:44pm by Enoch Yiu

    ... their duty with a strong increase in reporting. Last year, 82 per cent of 23,282 suspicious-transaction reports were made by banks, and the rest by other types of financial firms, such as brokers ...

    http://www.scmp.com/news/hong-kong/article/1222928/hkma-beefs-anti-money-laundering-push

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