Feb 24: HK 2021-22 Budget @ 11AM HKT

[shri]

Have to be somewhere .. live stream will continue and will update as and when I can with relevant summaries...

[MatthieuTofu]

Through stored value services providers from the speech.

Seems to be in instalments too. Might they require personalised octopus cards to collect?

[RobRoy]

I think the stamp duty increase is a pretty big deal. In a world where execution fees are going to zero, HK enforces an increased fee on all trades on the HK exchange from 0.1% to 0.13%.

Luring all Chinese Giants to dual list in HK and then increasing the stamp - well played

[shri]

And this...

https://twitter.com/alvinllum/status...719830018?s=20

[shri]

Original Post Deleted

[bdw]

Original Post Deleted

Not just any "city in the GBA". C'mon you gotta put a bit of positive marketing spin on it. How about "The 5th most populous city in China's Pearl River delta region"?

[seirin]

Original Post Deleted

I'm gonna "fuck you" right back to them and just buy all non-perishables from amazon or consolidate packages from the US.

[bdw]

In 2017/18, the tax reduction was actually $30k. Last two years was $20k, this year is $10k. So giving gradually less every year and looks like slowly phasing it out

[alexdown]

Through stored value services providers from the speech.

I have an idea which ones may be "suitable"...
... although this may be politichese for "all FPS participants that support receiving money transfer via FPS with hkid as FPS proxy identifier... In that case, it'll be fair

[bdw]

After years of decreasing stamp duty on stock trades, today announced an increase to 0.13%. Has really pelted the stock market this afternoon

1993-98: 0.15%
1998-2000: 0.125%
2000-2001: 0.1125%
2001- now: 0.1%

https://fortune.com/2021/02/24/hkex-...ng-stamp-duty/