Hong Kong stocks closed at noon, with the Hang Seng Index up 0.9% and the Hang Seng Technology Index up 0.37%. Hong Kong domestic housing stocks surged, with Sunac China rising more than 22%, while Longguang Group, R&F Real Estate, and Vanke companies rose more than 15%. Hong Kong liquor stocks rallied close to midday trading. Weiyang Liquor Holdings rose more than 34%, and Zhenjiu Li Du rose more than 4%. According to the news, Hong Kong will adjust the tax on spirits from now on. From now on, the tax rate for spirits with an import price of HK$200 or more will be reduced from 100% to 10%.

Zhitongcaijing · 10/16 04:09
Hong Kong stocks closed at noon, with the Hang Seng Index up 0.9% and the Hang Seng Technology Index up 0.37%. Hong Kong domestic housing stocks surged, with Sunac China rising more than 22%, while Longguang Group, R&F Real Estate, and Vanke companies rose more than 15%. Hong Kong liquor stocks rallied close to midday trading. Weiyang Liquor Holdings rose more than 34%, and Zhenjiu Li Du rose more than 4%. According to the news, Hong Kong will adjust the tax on spirits from now on. From now on, the tax rate for spirits with an import price of HK$200 or more will be reduced from 100% to 10%.