Illustration by Lau Ka-kuen/SCMP Illustration by Lau Ka-kuen/SCMP
Illustration by Lau Ka-kuen/SCMP

Supporters of Hong Kong’s higher stamp duty tout benefits even as rising transaction costs make trading one of the most expensive in the world

  • The increased duty is likely to add HK$12 billion in annual income to the government’s coffers and curb activities of high-frequency traders
  • The higher tax will make Hong Kong the second-most expensive market in the world to buy and sell shares after Britain

Topic |   Hong Kong stamp duty
Illustration by Lau Ka-kuen/SCMP Illustration by Lau Ka-kuen/SCMP
Illustration by Lau Ka-kuen/SCMP
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