Pessimism persists over high Asia trading costs
Exchanges and governments are largely to blame, with Hong Kong a particular culprit and a profit margin that leaves Apple in the dust.
Fixed trading costs such as stamp duty and other taxes are notoriously high in Asia ex-Japan, and many are not optimistic about the prospect of them coming down.
That is the view of both Nicola Nicoletti*, head of investment strategy and risk at Hong Kong asset manager Enhanced Investment Products (EIP), and Ofir Gefen, head of Asia-Pacific research and liquidity management at agency broker ITG.
“I don’t think costs have come down in the past few years. Stamp duties are still ve…
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.