November 2023 Stamp Duty Regulatory Update

With effect from 17 November 2023, the stamp duty for share transfer has been lower to 0.1%. The reduction of the rate of the Stamp Duty will lower investors’ transaction costs, improve market sentiment, and enhance the competitiveness of Hong Kong’s stock market. The Government will work with financial regulators and the Hong Kong Exchanges and Clearing Limited to follow up on the other measures recommended by the Task Force on Enhancing Stock Market Liquidity to promote the sustainable development of the market.