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Will the Hong Kong Stock Connect dividend tax be reduced or exempted? Media: No official confirmation

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2024-05-10 02:34:11
On May 10th, yesterday evening, a piece of news about "the dividend tax that mainland individual investors need to pay for investing in Hong Kong stocks may be considered for reduction or exemption" quickly circulated in the industry. However, the matter has not been officially confirmed. Some Hong Kong investors said that this is a major positive for Hong Kong stocks, and the industry also has great expectations for this, because the tax was indeed relatively high before. If the benefits are realized, the rise of Hong Kong stocks relative to class A shares may expand, and the AH premium index may return to the level of 120.
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