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Hong Kong Stocks Facing Pressure From China’s New Offshore Trust Tax
China’s new 20% tax on offshore trusts has put a timer on how wealthy families handle Hong Kong listed assets. Forced selling to raise cash, shifts in offshore wealth planning and changing attitudes to liquidity are all feeding into pricing for some Hong Kong stocks. For investors, this is less about the headline tax rate and more about who sits on the other side of that selling. This article walks through 3 Hong Kong listed stocks that appear particularly exposed to the news. All 3 face...