The Stock Exchange issued a notice to market participants that the "Stamp Duty (Amendment) (Stock Transfers) Bill 2023" has been passed by the Legislative Council. The Amendment Ordinance will be published in the Gazette today (16th) and come into operation tomorrow (17th). Under the bill, the rate of stamp duty chargeable on a contract note for the sale or purchase of any Hong Kong stock (not being jobbing business) will be reduced from 0.13% to 0.1%. Exchange participants are notified to implement the reduced stamp duty rate from tomorrow.Related NewsG Sachs Lists H-shr Top Buys based on ERLI (Table)