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  • July 12, 2014
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  1. Chatroom backlash

    Posted Jun 01st 2007, 12:00am by Staff Reporter

    ... Selected comments on Wednesday's stamp duty increase- How would the Chinese government feel if the International Olympic Committee cancelled Beijing's right to host the 2008 Games? That's how I felt when the stamp duty was increased- They robbed us with force because they cannot live with the fact the people are getting rich- No matter what those foreigners say, ...

  2. More questions than answers on this bull run

    Posted May 31st 2007, 12:00am by Staff Reporter

    ... at midnight on Tuesday, to raise stamp duty on securities trading may have been a relatively small and sensible move to cool the market, yet it appeared to play at least some part in yesterday's fierce sell-off. Unlike other recent moves to better manage liquidity and reduce inflationary pressures on the broader economy, the increase in stamp duty from 0.1 per cent to 0.3 per cent ...

  3. Group calls for stock tax reform

    Posted Mar 04th 2008, 12:00am by Denise Tsang

    ... In the high-profile No1 bill tabled at the first session of the 11th Chinese People's Political Consultative Conference, the association suggested revising the fixed stamp duty to one based on how long ... tomorrow. China Development Bank vice-governor Liu Kegu, a CPPCC member, said the stamp duty should be kept at a stable level instead of making it an administrative tool. 'From the perspective ...

  4. News - Hong Kong - POLITICS

    Leung Chun-ying pays first duty visit to Beijing as chief executive

    Posted Dec 15th 2012, 12:00am by Tony Cheung

    ... Tony Cheung tony.cheung@scmp.com Pan-democrats urge him to request amendment to Basic Law to deal with right-of-abode issues Leung makes first duty visit to Beijing as chief Leung Chun-ying flies to Beijing on Thursday to make his maiden three-day briefing as chief executive to the nation's leaders. While details of his trip have not been confirmed, pan-democrats have ...

  5. Annual rubber-stamp fest is a kids' game, after all

    Posted Mar 16th 2010, 12:00am by David Eimer

    ... to be a member of the CPPCC, Ni justified her rubber stamp by saying: 'I love this country dearly.' Her statement highlights all that is wrong with the mainland's political system. ... for more 'authentic voices' to be heard. Until that happens, the NPC and CPPCC will never shake their reputation as rubber-stamp bodies. David Eimer is a Beijing-based journalist ...

  6. Yin-yang contracts must be stamped out

    Posted Feb 03rd 2010, 12:00am by Staff Reporter

    ... tolerating price distortions and illegal practices not only makes a mockery of the law; enforcement becomes even more difficult down the road. Officials must act to stamp out already rampant yin-yang ...

  7. Scepticism grows over market rescue measures

    Posted Apr 25th 2008, 12:00am by Staff Reporter

    ... to Beijing's script yesterday, but there is growing scepticism over whether the rebound is sustainable or desirable. After announcing a cut in share trading stamp duty on Wednesday, investors piled ... year, the bigger guns were brought out in the shape of the stamp duty reductions. Despite yesterday's rally, savvy analysts said the government rescue campaign created a moral hazard, ...

  8. Market intervention should be last resort

    Posted Sep 20th 2008, 12:00am by Staff Reporter

    ... remain healthy, at least for now. Even so, Beijing has announced that stamp duty on share purchases will be scrapped, state-controlled enterprises encouraged to buy back shares and a government ... the economic gloom elsewhere. The stock markets, however, are unlikely to lift off any time soon. In April, Beijing reduced stamp duty to arrest a market decline. It achieved a short rally, only ...

  9. NGO fined heavily for tax breaches

    Posted Jul 17th 2009, 12:00am by Raymond Li

    ... a requirement that devours their precious donations. There are several million NGOs on the mainland, but only about 400,000 are registered. The taxes they pay are provincial- such as stamp duty ...

  10. A duty to explain to Beijing what people in Hong Kong want

    Posted Oct 08th 2005, 12:00am by Ambrose Leung

    ... Ambrose Leung It is Chief Executive Donald Tsang Yam-kuen's duty to explain to Beijing what Hong Kong people want, because sometimes their views will be in conflict, said former chief ... perhaps the views of the central government might not agree with the views of the Hong Kong people. I believe under these circumstances Donald Tsang at least has the duty to explain to the central ...




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