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Hong Kong NPC deputies propose scheme to help mainland talent buy flats more easily

City’s representatives to China’s top legislature submit proposal that would allow mainlanders to buy properties through direct remittance.



Hong Kong's NPC deputies proposed a scheme allowing mainland talent to buy properties in Hong Kong through direct remittance, bypassing current foreign exchange limits. This proposal, similar to the Stock Connect mechanism, aims to ease property acquisition for mainlanders wanting to settle in Hong Kong.

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