China plans to cut stamp duty on stocks by up to 50% to revive confidence – Reuters News Agency
Business & Finance 25 August 2023, 7:27 pm 1 minute China’s blue-chip CSI 300 Index jumped roughly 3% on Monday after the country confirmed a Reuters scoop on slashing stamp duty on stock trading. Reuters exclusively reported that Chinese authorities were planning to cut stamp duty on stock trading by as much as 50% in…