Economic news
China to cut stamp duty on stock trading by half
2023.08.27 05:42
© Reuters. An electronic board shows Shanghai and Shenzhen stock indexes, at the Lujiazui financial district, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China October 25, 2022. REUTERS/Aly Song/File photo
BEIJING (Reuters) – China will cut halve the stamp duty on stock trading from Monday, the finance ministry said on Sunday.
The stamp duty on stock trades is now 0.1%.
