China stocks climb after authorities attempt to lure investors with stock tax cut, other moves

China equities were headed for the best session in a month on Monday after authorities announced a reduction on the taxes on stock purchases and other market supportive measures, to lure back wary investors.

The regulator also said it would slow the pace of the market for initial public offerings, citing “the recent market situation.” In addition, limits will be placed on sales of stocks by top shareholders if their companies haven’t been distributing enough dividends or if share prices have fallen below that of the IPO.

The slump for stocks has come have investors have shied away from equities amid a disappointing rebound for the economy from a COVID-19 lockdown. A property slump, exacerbated by waning consumer confidence has also contributed to a market slowdown and loss of appetite for stocks.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

China halves stamp duty on stock trading to boost market By ReutersChina halves stamp duty on stock trading to boost market
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »

Asian Stock Market: China equities support regional marketsAsian stock markets advanced on Monday, following US equities with mild gains despite the hawkish statement from the US Federal Reserve (Fed) Chairman
แหล่ง: FXStreetNews - 🏆 14. / 72 อ่านเพิ่มเติม »

China and Hong Kong stocks lead gains as Asia markets climb after Jackson HoleInvestors will be looking at China's factory activity on Thursday, as well as PMI readings across the region on Thursday.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »