Hong Kong Stocks Rise as Regulators Weigh Dividend Tax Waiver for Stock Connect

From Bloomberg: 2024-05-10 05:20:46

Hong Kong’s stock market reached a nine-month high on expectations of dividend tax reductions and new measures to boost Chinese property purchases. The Hang Seng Index surged 2.3% on Friday, led by stocks like Hong Kong Exchanges & Clearing Ltd. and China Construction Bank Corp. China property shares saw a massive 11% surge in value.



Read more at Bloomberg: Hong Kong Stocks Rise as Regulators Weigh Dividend Tax Waiver for Stock Connect