China's share accounts hit by tax
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New figures show that the number of new share accounts being opened in China has been hit by the new share tax.
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Chinese stocks wobbled in volatile trading early Thursday after former U.S. Federal Reserve Chairman Alan Greenspan voiced concern about an eventual correction in China's stock markets following a spate of record highs.
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Here's one China-themed stock that's not doing so well.
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A dramatic sell-off that has sent share prices here plummeting more than 10 percent over the past two days is raising fears that Chinaâs spectacular stock market boom may be coming to an end.
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China has advised college students to shun share investments amid a nationwide craze for stock markets, where many prices have nearly quadrupled in the past 18 months and experts say a dangerous bubble may lurk.
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BEIJING -- China said today that it will slap a tax on some of its textile exports in a nod to trading partners who fear that less expensive Chinese goods will flood their markets when global quotas on textiles expire next month. China will impose an export duty on certain, unspecified textile products, the English-language China Daily newspaper said, citing ...
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European equities moved lower on Wednesday, reacting to sharp falls on Asian stocks markets after the Chinese government tripled the stamp duty payable on share trading.
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Todayâs sell-off, one of the biggest in years, followed the governmentâs move last week to impose higher taxes on stock trades.
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Chinese stocks plunged yesterday after the government raised a tax on share trades, trying to cool a market boom amid growing concerns about a possible bubble.
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The Chinese stock market falls nearly 9%, its worst day of trading in 10 years, after leading investors sell shares.
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Investing: Taming China's Dragon Market
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China bounced back. Did your portfolio?
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US mutual fund investors could be hit with a record $350bn capital gains tax bill because their funds took big profits from rising stock markets last year.
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Blue-chip stocks fell on Tuesday and the Nasdaq composite index pared earlier gains as China said it raised a stamp duty on stock trades in Chinese markets and a sharp drop in oil prices hurt shares of energy companies.
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China shares may decline after the government took over Hantang Securities Co. and three brokerages controlled by failed investment company Xinjiang D&#39;Long Group Co.
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Global stock markets slip on fears about China, with the UK's FTSE 100 posting its biggest drop in nine months.
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Investor's Business Daily - Government efforts to cool soaring Chinese stocks sparked heavy selling in Shanghai on Wednesday. But unlike three months ago, global markets took the drop in stride.