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Weekend - China halves stamp tax for securities trading

Weekend - China halves stamp tax for securities trading
China's Ministry of Finance said on Sunday the government will halve the stamp tax levied on securities trading starting Monday.Also, to give a small lift to margin trading, the China Securities Regulatory Commission (CSRC) said an investor will be required to deposit at least 80% of the amount borrowed with their, down from 100% previously, This begins with the close of trading on Sept 8.In a related matter, the China Securities Regulatory Commission's stated shortly after that the pace of IPO... Read More
Posted: Aug 27 2023, 20:11
Author Name: forexlive
Views: 102063

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