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mcmike

09/18/08 9:14 PM

#171141 RE: mcmike #170651

China to cancel levies on new stock purchases from Friday

By Chris Oliver

HONG KONG (MarketWatch) -- Chinese stock market regulators decided Thursday to cancel levies on the purchase of new shares, as part of efforts to boost market confidence and shore up the stock market, according to the Xinhua News Agency. The measure will take effect Friday, the report said, without saying where it got the information

http://www.marketwatch.com/news/story/china-cancel-levies-new-stock/story.aspx?guid=%7B6DD2C2D3%2D102F%2D4018%2D877A%2D5A2C25FE3FA6%7D

time to make the U.S. shorts pony up.