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PRC Buyers & Double Stamp Duty - HK "considering" dropping

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  1. #11

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    She's teaching Pelosi an old school lesson on how to take care of your investments..

    mrgoodkat likes this.

  2. #12

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    Quote Originally Posted by freeier:
    Not false alarm obviously.. just some players in the market that has collected tonnes of SHK and HL shares decided to throw out such rumors for quick bucks.. XJP already warned everyone property is not for speculation...
    Oh yes XJP who was outed in the Panama Papers amassing big property portfolios for him and his family, including properties in HK.

  3. #13

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    LOL Regina claiming this policy would reverse a brain drain. How bloody stupid.

    Crankshaft likes this.

  4. #14

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    Quote Originally Posted by shri:
    She's teaching Pelosi an old school lesson on how to take care of your investments..
    In today's Standard..

    Shares of developers rallied on the news, with New World Development at one point gaining 6 percent and Sun Hung Kai Properties, Henderson Land and CK Asset each going up by more than 3 percent.

    But the rally fizzled after the office of Financial Secretary Paul Chan Mo-po threw cold water on Ip's comments saying there was no plan to reduce property taxes.

    Ip's comments left the market slightly dazed and confused.
    Conspiracy theorists will say, without much ground, that Ip was acting in her own interest to further her ambitions and popularity among the city's residents and our neighbors across the border.

    Stamp duties were introduced to cool down Hong Kong's overheating property market and their removal would obviously have an impact on the stock prices and the property market.
    https://www.thestandard.com.hk/secti...ion/17/244468/

  5. #15

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    Well that would be in line with the future and inevitable complete assimilation of HK into China


  6. #16

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    The property market doesn't need any stimulus. It needs substantial price reductions!


  7. #17

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    Quote Originally Posted by Paxbritannia:
    The property market doesn't need any stimulus. It needs substantial price reductions!
    You communist, doubting the outcomes of a free and fair capital market
    Paxbritannia and AsianXpat0 like this.

  8. #18

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    Original Post Deleted
    A prime example of "Markets can stay irrational longer than you can stay solvent"
    Hkemail888, qhank and hktraveller like this.

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