Hong Kong Stock Exchange: Section 8 of the Hong Kong Securities Clearing Company Operational Procedures Rules - Stamp duty arising from a takeover offer will continue to be calculated and paid in Hong Kong dollars.
Zhito Finance APP has learned that on September 14, the Hong Kong Stock Exchange published a notice regarding the arrangements for the introduction of payment of stamp duty in Renminbi, as well as the Hong Kong Securities and Futures Commission transaction levy, the Hong Kong Accounting and Financial Reporting Council transaction levy, the Investor Compensation Levy (currently suspended), and the Hong Kong Stock Exchange trading fee (collectively referred to as "transaction-related fees"). For the avoidance of doubt, stamp duty arising from a takeover offer under Section 8 of the Hong Kong Settlement Operations Procedures Rules will not be affected by the above Renminbi payment arrangements and will continue to be calculated and paid in Hong Kong dollars under the existing arrangements.
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