AISouth China Morning Post4h ago

China collected $32.3B of stamp duty on stock sales between January

China collected $32.3B of stamp duty on stock sales between January and August, up 80%+ YoY, as average daily trading value rose 72%, amid an AI trading frenzy

China collected $32.3B of stamp duty on stock sales between January

China's revenue from stamp duty on stock sales jumped more than 80 per cent in the first eight months this year as improved sentiment bolstered trading activities.

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Source: South China Morning Post · Opens in new tab