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HK budget hands sweetener to ETF providers

Min Ho
A stamp duty waiver first introduced in 2010 for some exchange-traded funds listed in Hong Kong is set to be extended to all such products. The move is expected to boost volume and liquidity.
HK budget hands sweetener to ETF providers

Investment industry participants and practitioners welcome yesterday’s proposal by the Hong Kong government to exempt exchange-traded funds from stamp duty as part of its 2014-15 budget.

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