Regulators tell firms no capital gains tax on Hong Kong-Shanghai stock scheme: sources

By Michelle Price and Saikat Chatterjee HONG KONG (Reuters) - Some key regulators involved in setting up a landmark stock trading link between Hong Kong and China have told market participants they expect the scheme to be free of any capital gains tax, people with knowledge of the discussions said. However, it is not yet clear if a final decision has been made, these sources said. The trading link, hailed as a milestone to open up China to global investors, is expected to start on Oct. 27, Reuters has reported. Hong Kong does not impose capital gains tax. ...



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