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Hong Kong stamp duty

Corrections and clarifications, November 7, 2012

PUBLISHED : Wednesday, 07 November, 2012, 12:00am
UPDATED : Wednesday, 07 November, 2012, 3:16am

The report, "Stamp duty good news for first-time buyers" on October 31 inaccurately paraphrased a remark by Paul Louie, head of regional property research for Asia at investment bank Nomura. It should have said he expected prices could fall by 3 per cent to 5 per cent in the next one to two months.