It’s not often that Hong Kong’s laissez-faire government finds itself aligned with Bernie Sanders.But the self-described democratic socialist may well applaud the Asian financial hub’s surprise ... ( read original story ...)
Hong Kong to spend $15.4 billion to stabilise coronavirus-ravaged economy
Hong Kong will introduce 120 billion Hong Kong dollars (USD 15.4 billion) in fiscal measures to help businesses and residents impacted by the coronavirus pandemic, as it looks towards economic growth ... ( read original story ...)
Shares in Hong Kong bourse operator plunge as city increases trading tax
Shares in Hong Kong’s bourse operator tumbled after the city’s government said it would raise the stamp duty charged on equity trades in the Asian financial hub, threatening the group’s biggest ... ( read original story ...)
Hong Kong Gives HK$120 Billion Boost to Economic Recovery
Hong Kong gave consumers a boost with spending vouchers and loans for the unemployed, while hitting investors with a planned tax hike on stock trading.Financial Secretary Paul Chan outlined HK$120 ... ( read original story ...)
Bright lights, big city: What it’s like to study in Hong Kong
Lew Zi Syuen, a Malaysian, is a third culture kid who shares with Study International about what it’s like to study in Hong Kong. ( read original story ...)
Shares of Hong Kong exchange operator HKEX slump as government raises stamp duty on stock trading
Hong Kong's government increased its stamp duty on equity transactions on the city's stock exchange for the first time in almost two decades to fund a widening budget deficit, just as the world's most ... ( read original story ...)
Hong Kong budget: deficit, stamp duty and national security law spending among key takeaways from finance minister’s speech
City can expect a deficit for the next few years over recurring expenses linked to Covid-19, while stamp duty on stock trading will rise, and HK$8 billion will be spent on national security law. ( read original story ...)
Coronavirus: Hong Kong finance chief says vaccination push city’s top priority; more than 10 new cases expected
Financial Secretary Paul Chan tells Legco HK$120 million will be devoted to ‘countercyclical measures’, including new citywide vaccination drive. ( read original story ...)
Hong Kong rolls out $15.5 billion stimulus plan to boost economy
The Hong Kong government will introduce stimulus measures totaling 120 billion Hong Kong dollars ($15.5 billion) to jump-start the coronavirus-stricken economy in the new financial year. Hong Kong ... ( read original story ...)
Hong Kong hikes stock stamp duty for first time since 1993
Hong Kong hiked stamp duty on stock trades Wednesday for the first time in almost three decades as it tries to plug a pandemic-induced record budget deficit, sending the local equity market tumbling. ( read original story ...)
Hong Kong Stock Market’s Record Year Slams Into a Big Tax Increase
Hong Kong moved unexpectedly to raise taxes on share trading by 30%, putting a damper on the city’s stock-exchange operator just as it was unveiling record annual sales and profits. ( read original story ...)
Shares in Hong Kong bourse operator plunge as city hikes trading tax
Shares in Hong Kong’s bourse operator tumbled after the city’s government said it would raise the stamp duty charged on equity trades in the Asian financial hub, threatening the group’s biggest ... ( read original story ...)
Hong Kong to spend $15.4B to stabilize virus-ravaged economy
Hong Kong will introduce pandemic relief measures worth $15.4 billion to help businesses and residents as the city anticipates economic growth later this year ... ( read original story ...)
Hong Kong plans lower budget deficit as economy expected to recover
Hong Kong plans to run a much lower budget deficit in the coming fiscal year as the economy is expected to recover from its longest recession on record, Finance Secretary Paul Chan said on Wednesday. ( read original story ...)