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Hong Kong Market Regulator Proposes China Lower Threshold for Stock Connect.
- 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]
- Subjects :
- STOCKS (Finance)
GOING public (Securities)
INVESTORS
ASSET requirements
TAX benefits
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 175942201