Dear Valued Client,

Please be informed the Hong Kong Government published the Revenue (Stamp Duty) Ordinance 2021 in the Gazette on June 11, 2021, the Ordinance raises the rate of stamp duty payable on contract notes for sale or purchase of Hong Kong stock from 0.1% to 0.13% of the consideration or value of each transaction payable by buyers and sellers respectively. The new rate of Stamp Duty on Stock Transactions will come into effect on August 1, 2021.

Should you have any enquiries, please do not hesitate to contact our Customer Service Hotline: (852) 3103 3033, 4001 203 003 (China Toll Free Hotline).