Hong Kong Budget 2021: Financial chief grilled over relief measures as stock stamp duty increase slammed by lawmakers

Share This Post

(The Hong Kong Free Press)

Hong Kong’s legislators probed Hong Kong Financial Chief Paul Chan on Thursday at the Legislative Council (LegCo) over the budget he delivered on Wednesday. Chan was questioned over the stamp duty increase, as well as questioned over support measures for unemployed people.

Following the announcement that Hong Kong’s stock stamp duty will increase from 0.1 per cent to 0.13 per cent, some lawmakers voiced concerns over the potential damage done to Hong Kong’s reputation as a financial centre.

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

Do You Want To Boost Your Business?

drop us a line and keep in touch

Scroll to Top