BEIJING (AFX-ASIA) – China’s decision to levy a 13% value-added tax on gas connection fees, replacing a 3% business tax on turnover, is expected to trim profit margins at listed mainland gas companies by 10-20%, analysts said. Wah Sang Gas Holdings (HK 8035), Xinao Gas Holdings Ltd (HK 2688) and Zhengzhou Gas Co Ltd (HK…

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