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Shanghai Composite turned negative; MLCC, pork-related and PEEK materials sectors led declines.
2026-08-04
Shanghai Composite turned negative; MLCC, pork-related and PEEK materials sectors led declines.
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2026-08-04
A-share lab-grown diamond stocks rose, with Henglin Technology hitting the daily limit, InnoLayer rising over 10%, and Wald, Guoli Electronics, Guoji Precision Machinery, Huanghe Whirlwind, and Sifangda also rising.
A-share lab-grown diamond stocks rose, with Henglin Technology hitting the daily limit, InnoLayer rising over 10%, and Wald, Guoli Electronics, Guoji Precision Machinery, Huanghe Whirlwind, and Sifangda also rising.
2026-08-04
The Ministry of Economy and Finance said Monday the government will cut tax concessions for high-value residences and sharply raise taxes on non-owner-occupied high-priced homes to create a fairer system based on ownership and occupation. The moves a
The Ministry of Economy and Finance said Monday the government will cut tax concessions for high-value residences and sharply raise taxes on non-owner-occupied high-priced homes to create a fairer system based on ownership and occupation. The moves are part of the ministry's 2026 tax reform proposal and support SOUTH KOREA'S LEE's drive to normalize the housing market, stabilize prices and favor "genuine homebuyers". The plan also proposes broader tax reform to foster new growth drivers, promote regional balance and aid low- and middle-income households.
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