"China's Bold Move: Halving Stamp Duty to Revive Sluggish Stock Market"

China has halved the stamp duty on stock trading in an effort to revive the struggling market and boost investor confidence. The finance ministry announced the reduction from 0.1% to invigorate the capital market, while the China Securities Regulatory Commission (CSRC) is implementing measures to shore up market confidence, including slowing the pace of initial public offerings (IPOs) and regulating major shareholders' share reductions. However, some experts believe that while the policy may provide a short-term boost, its long-term impact may be limited.