The Hang Seng Index remained flat at 28,907.6 points on Wednesday, after rising to a fresh 10-year high on Tuesday.
The Hong Kong Special Administrative Region government may widen the ambit of profit tax exemption in the region to include the non-renminbi sovereign bonds issued by the central government, Paul Chan Mo-po, the city's financial secretary, said.
The Hong Kong-Zhuhai-Macao Bridge under construction. [File photo/CHINA DAILY]
The German company has major US plants that export to China. China plans higher levies on the vehicles in retaliation for US tariffs on Chinese goods.
The Finance Ministry has also innovated several measures to make use of fiscal funds effectively for some targeted projects. For instance, the funds for agriculture, photovoltaic, hydropower, and rural tourism projects could be used to generate income.
The GOP effort to repeal and replace the Obamacare has stalled mutiple times in past weeks.
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The Hong Kong Exchanges and Clearing also welcomed the SFC's statement on listing issues and Chief Executive Charles Li Xiaojia said they would continue to work with the SFC to strengthen the role of Hong Kong as a premier capital raising center, while maintaining their high standards.
The Government Work Report delivered on Tuesday set this year's national quota of local government special-purpose bonds at 2.15 trillion yuan, 800 billion yuan more than last year, with some issued and snapped up by investors.
The General Office of the State Council issued a set of guidelines on Sept 29 to promote interprovincial government services, urging local governments to offer enterprises and people easier access to such services.
The Hungary-Serbia railway project, with a total investment of .89 billion, is projected to serve as a shortcut for transporting Chinese goods from Greece to Western Europe.