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@TigerEvents:
China has made a series of moves to restore investor confidence in the world’s second largest economy, including cutting a tax on stock trading for the first time since 2008.The stamp duty on stock trades, which had stood at 0.1%, would be halved effective Monday, according to a joint statement by the Ministry of Finance and the State Administration of Taxation issued Sunday. The move was aimed at “reinvigorating the capital market and lifting investor confidence,” the regulators said.The company like $Tiger Brokers(TIGR)$ $Pinduoduo Inc.(PDD)$ $Alibaba(BABA)$ also post a positive earnings,which boosted Chinese stocks on Tuesday. On August 29, the m