Back

China offshore trust tax raises selling risks before Oct. 22 deadline

Verifying
  • China introduced individual income tax on offshore trust assets and related income in July.
  • Haidilao's controlling shareholder sold 259 million shares for HK$2.75 billion this month.
  • Winnie Wu said state-owned enterprises should face relatively limited effects from the tax.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.