Capital gains tax issue still unresolved ahead of momentous Shanghai-Hong Kong Stock Connect launch

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Capital gains tax issue still unresolved ahead of momentous Shanghai-Hong Kong Stock Connect launch

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While Beijing’s lawmakers are preoccupied with the APEC (Asia-Pacific Economic Cooperation) summit, traders and brokers are holding their breath to hear whether gains under the new Shanghai-Hong Kong exchange, called Stock Connect, will be exempt from China’s 10% capital withholding tax on foreign investors.

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