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Hong Kong may take more measures to cool property prices

Posted on 02 November 2012

Hong Kong may take further measures to control runaway property prices but the Asian financial centre is likely to avoid steps such as a capital gains tax which would be complicated, Kong Kong’s leader, Leung Chun-ying, said on Thursday.
Leung’s government imposed a 15 percent tax on non-resident and corporate buyers of property late last week and speculation has been rife that further curbs will be imposed………………………………………..Full Article: Source


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