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China property tax anticipated in 2011

July 09, 2010  

From Pamela Tang

To cool the property market, Beijing might decide to introduce the long rumoured property tax in 2011, say analysts.

China could introduce a property tax as soon as 2011 as the central government tries to cool speculative activity, say analysts.

The long-rumoured tax has been hailed as an effective way to control speculative activity and to reduce the local...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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