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To rein in the city s runaway housing prices, Hong Kong s Financial Secretary John Tsang Chun-wah announced an additional 15 per cent stamp duty on non-permanent-resident and corporate buyers starting from October 27, 2012. The move prompted speculation over the effectiveness of taxation on the real estate market and criticisms that Hong Kong was turning away from its roots as a free market economy in favour of a more protectionist market environment.
 
The increased duty is likely to add HK$12 billion in annual income to the government’s coffers and curb activities of high-frequency traders
The higher tax will make Hong Kong the second-most expensive market in the world to buy and sell shares after Britain ....

Hong Kong , Financial Secretary John Tsang Chun Wah , Hong Kong Stamp Duty , ஹாங் காங் , நிதி செயலாளர் ஜான் ட்ஸ்யாஂக் சுன் வா , ஹாங் காங் முத்திரை கடமை ,