
$XTALPI(02228.HK) Liquidity is still there, but we need to change the trading channel. Mainland China is promoting the Stock Connect programs (for Hong Kong and Shenzhen) precisely to collect money, to collect high trading fees! Mainlanders buying Hong Kong stocks through the Stock Connect program will be tax-exempt until December 31, 2027, but they will be subject to a 20% dividend tax. The tax bureau can check the relevant provisions.
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