China Halves Stock Trade Tax to Bolster Capital Market Follo…

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BEIJING, August 28 (TiPost)— China launched a host of policies to prop up the capital market right after new stimulus to bolster the property sector.Credit：Visual ChinaThe stamp duty on stock trading would cut by 50% on August 28, the Ministry of Finance and the State Taxation Administration said on Sunday. The cut, effectively down from 0.1% to 0.05%, is the first reduction on stock trading tax in China since