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China's Ministry of Finance clarifies tax rules for overseas trusts, exempting Hong Kong MPF accounts
China's Ministry of Finance on Friday clarified the implementation details of tax rules for overseas trusts, formally excluding Hong Kong Mandatory Provident Fund (MPF) accounts held by mainland Chinese residents, while providing detailed calculation methods for publicly traded Hong Kong stocks and equity in unlisted companies.
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24H Trending
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WTI crude oil rose 3.23% from its previous close, currently trading at $89.034
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Gold fell 2.66% from its previous close, currently trading at $3,881.04.
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The 10-year US Treasury yield rose by about 8 basis points from the previous close, currently standing at 5.08%.
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The yield on the 30-year US Treasury bond rose by about 8 basis points from the previous close, currently standing at 5.44%.
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Citadel Securities has poached Matthew Zimmerman from Diameter Capital Partners to head investment-grade corporate bond trading.
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Watami, the Japanese restaurant group, has its founder planning to take the company private through a management buyout (MBO)
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Google DeepMind has launched Gemini 4 Hydrogen, with pricing set at $1.50 and $7.50 per million tokens for input and output, respectively.
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What is RCN coin? Where to trade and buy RCN coin?
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Microsoft services suffer widespread outage impacting thousands of users in North America; Amazon Web Services and Google users also report disruptions
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What is HNW coin? Where can HNW coin be traded and bought?
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