China Cuts Stock Trade Tax, Tightens IPOs to Boost Market and more | August 28, 2023

(Bloomberg) -- China lowered the stamp duty on stock trades for the first time since 2008 and...  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Monday, August 28, 2023 [Market Moving Trends](=) [Top 5 EV Tech Stocks to Buy for 2023](=) The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023". [Click Here to Download the FREE Report.](=) SPONSORSHIP = [Yahoo Business](=) [China Cuts Stock Trade Tax, Tightens IPOs to Boost Market](=) (Bloomberg) -- China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow the pace of initial public offerings, among a slew of new measures to woo investors back to its flagging equities market. Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaPowell Has Bond Traders Right Where He... [Read More](=) [MarketWatch]( [FA Center: These 20 dividend-paying stocks get a double boost from declining interest rates]( Bondholders benefit from lower interest rates, but receiving stock dividends is even better. 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