China halves stock transfer fees to invigorate capital market

2022-04-29 13:51:23Xinhua Editor : Li Yan ECNS App Download

China has decided to halve stock transfer fees starting Friday to further lower the trading costs for investors and spur market vitality, according to a circular issued by the country's stock clearing agency.

Stock transfer fees will be generally cut to 0.001 percent of stock trading turnover, the China Securities Depository and Clearing Co., Ltd. said on its website late on Thursday.

The move aims at promoting the stable and healthy operation of the market, as well as better shoring up the real economy, the company said. 


Most popular in 24h

MoreTop news


Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2022 All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]