The Aporia
Ka-sing, L., & Hoi-ying, L. (2026, September 16). Hong Kong to woo finance and tech firms with new tax breaks. South China Morning Post. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3367754/hong-kong-woo-finance-and-tech-firms-new-tax-breaks?utm_source=rss_feed
Ka-sing, Lam, and Lo Hoi-ying. “Hong Kong to woo finance and tech firms with new tax breaks.” South China Morning Post, 16 Sept. 2026, https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3367754/hong-kong-woo-finance-and-tech-firms-new-tax-breaks?utm_source=rss_feed.
Ka-sing, Lam, and Lo Hoi-ying. “Hong Kong to woo finance and tech firms with new tax breaks.” South China Morning Post, September 16, 2026. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3367754/hong-kong-woo-finance-and-tech-firms-new-tax-breaks?utm_source=rss_feed.
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Hong Kong’s Chief Executive John Lee announced plans to attract more finance and tech firms by offering significant tax breaks starting from next year. Specifically, the city intends to reduce the profits tax rate for qualifying physical commodity traders involved in international gold trading from the standard 16.5% to a lower 8.25%. This move aims to accelerate the growth of Hong Kong’s international gold trading market and encourage more companies to establish or expand their operations there.