Source:
https://scmp.com/business/money/markets-investing/article/1072817/beijing-drafts-dividend-tax-boost-market
Money/ Markets & Investing

Beijing drafts dividend tax to boost market

Dividend policy may help revive world's second-largest economy.

Beijing's securities watchdog is set to unveil a new dividend policy scheme to support the lacklustre market as part of the government's campaign to end the losing streak of equities.

The move is the latest in a series of measures by Beijing in recent weeks to rejuvenate the world's second-biggest economy by trying to ensure that financing activity in the stock market remains afloat.