Hong Kong has axed three major property transaction taxes in a bid to revive its depressed housing market, reversing measures introduced more than a decade ago to curb speculation and rein in sky-high prices.
Hong Kong has axed three major property transaction taxes in a bid to revive its depressed housing market, reversing measures introduced more than a decade ago to curb speculation and rein in sky-high prices.
By Kung Chan and Zhijiang Zhao
The downturn in the Hong Kong property market has persisted for several months, with both..