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Shipowners back call to boost Hong Kong’s maritime financing and leasing sector

To attract more service providers, the Maritime Leasing Paper seeks to lower the standard profit tax rate for ship leasing management activities and to conclude more double tax agreements with major shipping jurisdictions

Hong Kong came in seventh in the Menon Economics ranking of leading global maritime capitals last year, compared with Shanghai, which was fourth and Singapore, seen as its closest regional competitor, came in first

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