China’s stock clearing agency said it will halve stock transfer fees from Friday

China Securities Depository and Clearing Co said the move was

  • aimed at “promoting stable and healthy operation of the capital market, stimulating market vitality and enhancing support for the real economy,”

Statement was late on Thursday and kicks in today. Aimed too at underpinning the slumping market in China.

Daily bars, Shanghai Comp:

sse 29 April 2022

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