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Hong Kong Market Regulator Proposes China Lower Threshold for Stock Connect.

Authors :
Wong, Kiuyan
Source :
Bloomberg.com; 3/10/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Hong Kong's top market regulator, Tim Lui, has proposed that China lower the minimum asset requirement for investors to participate in the stock trading link with Hong Kong. Lui suggests lowering the threshold from 500,000 yuan to 100,000 yuan in order to boost liquidity and trading. This move would provide more opportunities for mainland investors and increase Hong Kong's market liquidity. Lui also recommends aligning dividend tax benefits for mainland and international investors and encouraging Chinese firms to list in Hong Kong to mitigate potential delisting risks. He emphasizes the need for a more prudent approach to regulation to restore investor confidence in the Hong Kong market. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
175942201