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China's stock stamp duty revenue surged over 80% in the first eight months, boosted by the AI boom.
China's Ministry of Finance reported that from January to August this year, revenue from stock transaction stamp duty reached 216 billion yuan (approximately $32.3 billion), an 82% year-on-year increase. During the same period, the average daily trading volume in China's mainland stock market grew by 72%, primarily driven by improved market sentiment fueled by the artificial intelligence boom.
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Source：SCMP商业 · Source Link
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