摘要
TO THE POINT:The mainland stock market,which has plummeted almost 50 percent since its peak last October,was rallied by two government-led efforts to boost investor confidence:a reduction in the stock trading tax from 0.3 percent to 0.1 percent,and the adoption of stricter regulations on block trading.The recent stock market slump has undermined mutual fund performance,as the sector showed losses of＄92.5 billion in the first quarter.China’s textile exports have slowed due to surging costs.And finally,India’s Tata Group has ambitions to tap into the Chinese market.
TO THE POINT:The mainland stock market,which has plummeted almost 50 percent since its peak last October,was rallied by two government-led efforts to boost investor confidence:a reduction in the stock trading tax from 0.3 percent to 0.1 percent,and the adoption of stricter regulations on block trading.The recent stock market slump has undermined mutual fund performance,as the sector showed losses of＄92.5 billion in the first quarter.China’s textile exports have slowed due to surging costs.And finally,India’s Tata Group has ambitions to tap into the Chinese market.
