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business Scmp World 2026-05-04

Hong Kong Tax Revenue Soars 22% to HK$458 Billion Amid Market Boom

Hong Kong's overall tax revenue increased by 22% to HK$458.3 billion (US$58.5 billion) in the past year, driven by a strong stock market performance and increased property transactions. Stamp duty saw a significant 61% surge, contributing to the overall rise.

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