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Hong Kong proposes raising stamp duty on stock trading to 0.13%

Bloomberg2021-02-24

Budget outlines spending vouchers, loans for unemployedChan proposes raising stamp duty on stock trading to 0.13%Hang Seng slumps 3% on report of stamp duty hike,The Hang Seng tech index shed 5%,...

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Comment33

  • MyGate
    ·2021-02-27
    I thinm is ok
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  • octa8
    ·2021-02-25
    [強] 
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    • jimmyjr
      ?
      2021-02-25
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  • JeremyKok
    ·2021-02-25
    Noooo. This will raise the cost of trading.
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  • Peiqi
    ·2021-02-25
    Noo!
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  • Lailailai
    ·2021-02-24
    ?
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  • Clc2
    ·2021-02-24
    What!
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  • Karldyan
    ·2021-02-24
    Ohhh
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  • 4XKEYQ
    ·2021-02-24
    wow
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  • Puspa
    ·2021-02-24
    Wow
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  • 吹股神
    ·2021-02-24
    We have a choice  to trade on ither stock exchanges..Why bother hang seng
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  • onezero
    ·2021-02-24
    ?
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  • tungngie
    ·2021-02-24
    More and more people should join into buying equities as saving FD rate should continue to remain low. So, this dip should not prolong affect people joining in to buy hong kong stocks.  Just my view. Hehe.
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  • BigBigBigGum
    ·2021-02-24
    Penny wise pound foolish! Buy the dip!
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  • Cry no tears
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  • armypanda90
    ·2021-02-24
    ?
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  • Jessemyne
    ·2021-02-24
    Great idea on a time like this [財迷] [噴血] 
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  • StanG
    ·2021-02-24
    Makes sense...but for 0.03% to impact market sell-off  to such a big degree? I am not getting it....
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    • StanG
      thanks you are right... your comment encouraged me to read up.. turns out stamp duty maybe about 80% of the cost of trading.. in calculating returns, still very small impact though.
      2021-02-24
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    • ChoonYan
      Technically its an increase of 30% based on Tax which is kind of massive.
      2021-02-24
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    • andrewtingg
      Interesting
      2021-02-24
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  • AxThePro
    ·2021-02-24
    Increased Tax Effect on the market. 
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  • naan
    ·2021-02-24
    Something wrong?
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  • 牛与熊
    ·2021-02-24
    anxiety market
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