The extension signals Beijing’s continued efforts to bolster confidence in its capital markets and attract longer-term international capital. The exemption primarily applies to trading activity conducted via Stock Connect schemes, which link mainland exchanges with Hong Kong, and has been a key tool in lowering transaction costs for offshore investors.
The move comes as Chinese authorities roll out a series of market-friendly policies to stabilise equities, ease capital flow restrictions, and support the broader economy amid a challenging global backdrop.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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