Privatisation of Airports, Tunnels, MTR, Kai Tak, HK Coliseum, Hong Kong Post, etc

[nivek2046]

The government needs some cashs urgently. Can we privatetise something to get cash?

how about some dental clinics? or hospital? some housing estate?

[nivek2046]

corporate income tax rates of G20 are:

Argentina	35	35	Dec/24	%
India	34.94	34.94	Dec/24	%
Brazil	34	34	Dec/24	%
Japan	30.62	30.62	Dec/24	%
Australia	30	30	Dec/24	%
Germany	30	30	Dec/24	%
Mexico	30	30	Dec/24	%
South Africa	27	27	Dec/24	%
Canada	26.5	26.5	Dec/24	%
Netherlands	25.8	25.8	Dec/24	%
China	25	25	Dec/24	%
France	25	25	Dec/24	%
Spain	25	25	Dec/24	%
Turkey	25	25	Dec/24	%
United Kingdom	25	25	Dec/24	%
Italy	24	24	Dec/24	%
South Korea	24	24	Dec/24	%
Indonesia	22	22	Dec/24	%
United States	21	21	Dec/24	%
Russia	20	20	Dec/24	%
Saudi Arabia	20	20	Dec/24	%
Singapore	17	17	Dec/24	%
Switzerland	14.6	14.6	Dec/24	%

so why can't Hong Kong increase our rate to 20 to 25%?

https://tradingeconomics.com/country...?continent=g20

[RobRoy]

Privatizing something like MTR would give some 100bn HKD at current depressed market value (its down like 50%) that patches the hole for 1 year and then what, they lost a nice dividend revenue income forever. I guess this could kick the can down the road another 10 years or so in total but then HK would be really broke if we keep up the deficits.

[nivek2046]

i am assuming deficits will go away in three or four years...

so sell these assets to the richest 100 families in HK or some SOE from China now

after four or five years, buy them back gradually..

it's a win win situation for both sides.

[shri]

So .. sell low and buy high?

[RobRoy]

i am assuming deficits will go away in three or four years...

so sell these assets to the richest 100 families in HK or some SOE from China now

after four or five years, buy them back gradually..

it's a win win situation for both sides.

Hope you are being ironic? Clearly its better to issue bonds at lower rates than what MTR is paying in dividends?

[newhkpr]

i am assuming deficits will go away in three or four years...

This assessment is based on what fundamentals changing?

[nivek2046]

So .. sell low and buy high?

those assets are still making profits.

They are still worth something.

We should sell them while we still can before it's too late.

[SirNotAppearing]

too late for what? Beijing to offer a 0% loan?

[nivek2046]

too late for what? Beijing to offer a 0% loan?

before they are no longer generating profits