Stamp duty will remain unchanged
By Feng Jianmin |
August 4, 2012, Saturday
|
Print Edition
Print Edition
CHINA has no immediate plan to cut the stamp duty on stock trading, the top securities regulator said yesterday.
The clarification dashed hopes of an imminent drop as the China Securities Regulatory Commission said late on Thursday that it was coordinating with other government bodies in studying another reduction in the stamp duty.
The last stamp duty cut was on September 19, 2008.
The clarification dashed hopes of an imminent drop as the China Securities Regulatory Commission said late on Thursday that it was coordinating with other government bodies in studying another reduction in the stamp duty.
The last stamp duty cut was on September 19, 2008.
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