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The Hong Kong government published the Stamp Duty (Amendment) (No.2) Bill 2026 in the Gazette, specifying that stamp duty on RMB-counter trades of dual-counter securities will be calculated and paid in RMB. The measure is aimed at boosting turnover a

2026-05-29

The Hong Kong government published the Stamp Duty (Amendment) (No.2) Bill 2026 in the Gazette, specifying that stamp duty on RMB-counter trades of dual-counter securities will be calculated and paid in RMB. The measure is aimed at boosting turnover and liquidity in RMB counters and reinforcing Hong Kong’s role as an offshore RMB hub; the bill will be tabled for first reading at LegCo on June 10.

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