Hong Kong slashes stamp duties, easing property curbs for the first time in over 10 years

Hong Kong slashes stamp duties, easing property curbs for the first time in over 10 years

Hong Kong Chief Executive John Lee delivers his annual policy address to the Legislative Council on October 25, 2023.

Peter Parks | Afp | Getty Images

Hong Kong will slash stamp duties for property buyers to help boost its struggling real estate sector, while reducing levies on stock trades in a bid to kickstart economic activity in the Asian financial hub.

This is the first time property cooling measures — in a variety of contributed to this story.

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