The Stamp Duty (Amendment) Bill 2014, which seeks to implement the stamp duty waiver for the transfer of shares or units of all exchange traded funds, was gazetted today.

Secretary for Financial Services & the Treasury Prof KC Chan said the proposed waiver will strengthen Hong Kong's position as an asset management centre and the development of its financial services sector as a whole, offering new business opportunities for market practitioners and a greater range of products for investors.

The bill will be tabled at the Legislative Council on December 17.