China Business News: China sees stamp duty revenue surge 152.35% in Jul

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China sees stamp duty revenue surge 152.35% in Jul

Aug. 14, 2009 (China Knowledge) - China's stamp duty revenue on stock trading soared 152.35% year on year to RMB 7.09 billion in July, due to the booming stock market, according to statistics released by the Ministry of Finance yesterday. Last month, stock trading volume on the Shanghai and Shenzhen bourses soared 53.5% from June to RMB 7.09 trillion, according to statistics released by the C

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