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Currently, such offshore residential property gains would be tax free.
The top rate for these gains would be 28percentt.
In a weak and volatile market, such gains would be notable for any firm.
But analysts say those gains would be muted because Western customers are not spending much.
The projected gains would be larger for those on the lower end of the scale.
But others insist that gains would be marginal or non-existent.
But Mr. Andrew acknowledged that no one could be sure that the gains would be sustained.
The gains would be realised quickly while the costs would be small.
Much greater efficiency gains would be needed if the economy grows even faster, as most economists predict.
But the rally faded somewhat in the afternoon, and some analysts questioned how sustainable yesterday's gains would be.
For those in the top one per cent, the gains would be more than a hundred times as large.
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