Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Budget>Paul Chan: HK Govt Strives to Quickly Implement Inclusion of REIT under Mutual Access
Recommend 27 Positive 43 Negative 22 |
||||
|
||||
|
To enrich mutual-market access, the Hong Kong government will actively explore with the Mainland to expedite the issuance of Mainland government bond futures in Hong Kong, the inclusion of real estate investment trusts (REIT) under mutual access and the inclusion of a RMB trading counter under the Southbound trading of the Stock Connect, Financial Secretary Paul Chan said. The government will explore further enhancements to the Bond Connect. The government and the Securities and Futures Commission (SFC) will continue promoting the development of the REIT market. In addition to seeking early inclusion of REITs under mutual-market access, the authorities will introduce an amendment bill this year to enable the privatization or restructuring of REITs. The authorities will also provide a stamp duty waiver for the transfer of non-residential properties into REITs seeking to list. The relevant amendment bill will be introduced in 1H27. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
