Profitstax: collectionstandardisinHong Kong, 16.5% of the net profit gains. Ifthe enterprise does notprofitor not is in Hong Kongarea, earnedincome, do not need to pay tax.
It has been operating for barely a year, but Hong Kong's Growth Enterprise Market (GEM) has already acquired a superlative title - as the world's worst performing stock exchange.
Leong chairs unlisted Tai Hung Fai Enterprise of HongKong, an investor and developer that puts money into retail shops, office buildings, residential and industial property, car parks and serviced apartments.