China's Main Share Index Falls After Tax Tripled On Stock Transactions

WUHAN, CHINA - MAY 30: (CHINA OUT) Investors view the stock index on an electronic screen at a securities company on May 30, 2007 in Wuhan of Hubei Province, China. The Shanghai Composite Index fell by 6.5% today, after stamp duty on share trading was tripled from 0.1% to 0.3% in a bid by Beijing to cool the nation's recent boom in share prices. The new tax measure has had an immediate psychological impact on investors, many of whom have chosen to lock in their profits. (Photo by China Photos/Getty Images)
WUHAN, CHINA - MAY 30: (CHINA OUT) Investors view the stock index on an electronic screen at a securities company on May 30, 2007 in Wuhan of Hubei Province, China. The Shanghai Composite Index fell by 6.5% today, after stamp duty on share trading was tripled from 0.1% to 0.3% in a bid by Beijing to cool the nation's recent boom in share prices. The new tax measure has had an immediate psychological impact on investors, many of whom have chosen to lock in their profits. (Photo by China Photos/Getty Images)
China's Main Share Index Falls After Tax Tripled On Stock Transactions
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Credit:
China Photos / Stringer
Editorial #:
74356326
Collection:
Getty Images News
Date created:
30 May, 2007
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Source:
Getty Images AsiaPac
Object name:
74183430LB007_Shares_Fall