China Stock Stamp Duty Hits $32.3B in Jan-Aug 2026, Up 82% YoY as AI Trading Frenzy Lifts Volumes 72%
Summary
SCMP reports China collected 216 billion yuan (US$32.3B) in stock stamp duty from January through August 2026 — an 82% year-on-year jump — as average daily mainland trading value climbed 72% to 2.67 trillion yuan. The chip-heavy Star Market 50 rose 23% over the period vs a flat CSI 300, with SCMP attributing the concentrated tech-stock enthusiasm to the AI boom bolstering equity demand.
Originally reported by scmp.com
Read the original article →Original headline: China Stock Stamp Duty Hits $32.3B in Jan-Aug 2026, Up 82% YoY as AI Trading Frenzy Lifts Volumes 72%