Financial budget : cut on stamp duty spells limited impetus on HKEX

Financial secretary made a suggestion in the budget of new fiscal year that share trading stamp duty be cut and unilateral duty be cut by 11% from 0.0125% per trading against transaction volumn to 0.1% and further downward adjustment was expected. In order to build financial foundation for newly set up investor compensation funds, trading charges would be moved up from 0.002% to 0.012 %

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