EconomyChina’s stock stamp duty revenue jumps more than 80% as AI frenzy boosts trading
China collected 216 billion yuan in stock-trading stamp duty during the first eight months of the year, an 82 per cent year-on-year increase, according to Ministry of Finance data. Improved sentiment linked to the artificial intelligence boom helped lift average daily trading values on mainland exchanges by 72 per cent.
China’s stock stamp duty revenue jumps more than 80% as AI frenzy boosts trading
Economy