China cuts stock stamp tax to 0.1% to support market

2008-04-23 04:21:22 Xinhua English

BEIJING, April 23 (Xinhua) -- China announced Wednesday to slash the stock stamp tax to 0.1 percent from 0.3 percent beginning on April 24, in the latest effort to support the equities market that has fallen 46 percent from its record high on Oct. 16.