China halves stamp duty on stock trading
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Pub Date:2023-08-28 09:08 Source:Xinhua |
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BEIJING, Aug. 27 (Xinhua) -- China halved the stamp duty on stock transactions effective Monday to invigorate the capital market and boost investor confidence, the Ministry of Finance and the State Taxation Administration announced Sunday in a statement. The stamp duty on stock trading is currently 0.1 percent.
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