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China collected $32.3B of stamp duty on stock sales between January and August, up 80%+ YoY, as average daily trading value rose 72%, amid an AI trading frenzy (Zhang Shidong/South China Morning Post)

China's revenue from stamp duty on stock sales jumped more than 80 per cent in the first eight months this year as improved sentiment bolstered trading activities.

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at scmp.com →

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