The Ministry of Finance cut stamp duty on stock transactions from 0.2% to 0.1%, the second decrease in less than three years. The latest in a series of moves to kick-start China's moribund markets, the change comes as companies prepare to list under new offer-price rules that let the market play a greater role in setting prices. But analysts said the modest rise in the market index Shanghai's A-Share benchmark rose 1.7% on Monday, the first day of the tax cut reflected still tepid interest in China stocks after hitting six-year lows last week.
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