Hong Kong Financial Secretary Chen Maobo: Does not rule out the possibility of further increase in stamp duty

  On March 2, the Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, said that Hong Kong stock transaction tax is only a small part of the cost for high-frequency traders. There is no plan to levy dividend tax at this stage, and the possibility of further increase in stamp duty will not be ruled out in the future.

At the same time, he emphasized that the increase in stamp duty will not affect the competitiveness of the Hong Kong stock market.

(Headquarters reporter Zhou Weiqi, Jindong, and Liu Zhimin)