May 19, 2024
Finance

Hong Kong budget 2024-25: finance chief Paul Chan scraps all property curbs in drastic bid to boost ailing market

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing in our spring flash sale. Hong Kong finance chief Paul Chan Mo-po has announced the city will remove all restrictions on property transactions as part of his solutions to the city’s sluggish economy

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Property

Scrap Hong Kong’s ‘outdated’ property cooling measures and refrain from introducing new taxes, pro-business groups urge finance chief Paul Chan

“Ditching all cooling measures does not involve providing any preferential policies or even government subsidies for property purchases. It is not a form of market manipulation.” Hong Kong’s property market needs time to adjust to measures: John Lee The Post has contacted Lo for further comment. Political organisations, lawmakers and community groups are submitting their

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