买美股的人，要小心了

Group 1 - The article discusses the recent news regarding taxation on overseas accounts trading Hong Kong and US stocks, indicating that many users have received tax notifications this year [3][5] - It highlights that large traders, defined as those with annual trading amounts exceeding 30 million HKD, have been notified, while others with balances over 6 million HKD or trading over 12 million HKD may also be affected [4][10] - The article identifies two main reasons for the sudden tax imposition: to supplement fiscal revenue and to guide the flow of funds back to the domestic market [6][11] Group 2 - The article explains that the global norm is to tax citizens on labor and investment income regardless of location, with capital gains tax rates typically ranging from 20% to over 50% in some countries [7][9] - It emphasizes that the lack of taxation on overseas capital gains has created a systemic loophole, leading to significant fiscal losses for the government [8][10] - The article notes that the new tax policy aims to discourage capital outflow by making it less attractive for domestic investors to trade overseas [12][18] Group 3 - A distinction is made between traders using overseas accounts and those using the Hong Kong Stock Connect, with the latter exempt from the new tax until 2027 [14][16] - The article suggests that the government aims to retain domestic investment by making it more costly to invest through overseas accounts [17][18] - It mentions that the offshore RMB volume has grown significantly, reaching nearly 3 trillion, partly due to capital flowing out through Hong Kong [19] Group 4 - The article posits that the future of both the A-share market and Hong Kong stocks depends on whether domestic capital is willing to enter the market [20][22] - It states that if 1 trillion RMB returns to the A-share market, it could push the index to 3,500 points, while a similar amount could help Hong Kong stocks reach 30,000 points [21][23] - The article concludes that recent policies aimed at regulating and developing the capital market are expected to positively impact market conditions [29][32]