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Chinese equities trim gains as early relief begins to fade

In case you missed the headlines:China reportedly plans to cut stamp duty on stock trading in bid to recover sentimentWeekend - China halves stamp tax for securities tradingChina to restrict share reductions by major shareholdersThe package of measures announced were all targeted to bolster market sentiment, in particular stocks. They include the halving of the stamp duty and restricting major shareholders' stock reductions, but they also cover slowing the pace of IPOs.There was much enthusiasm... Read More

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Content Topics

Chinese

Equities

Trim

Gains

Early

Relief

Begins

Fade

Forex

Posted: Aug 28 2023, 05:51

Author Name: forexlive

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