Chinese Stocks Rally After Beijing Moves to Boost Market

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Chinese Stocks Rally After Beijing Moves to Boost Market
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Regulators cut stamp duty and plan to reduce IPO supply

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China’s stock market has been hurt by a faltering economy and a slumping property sector.Stocks in mainland China soared on Monday, after the government cut a tax on trading and said it will take more steps to revive its sagging capital markets.

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