ecns [expanded by feedex.net]
ecns
Newly-opened share accounts in China hit 8 yrs high
http://www.ecns.cn/business/2015/03-25/159291.shtml
Mar 24th 2015, 23:54
2015-03-25 08:54
More people in China rushed to open trading accounts in the week ending March 20, as the stock markets restarted a bull run.
About 1.14 million yuan denominated A-share trading accounts were opened between March 16 and 20, the China Securities Depository and Clearing Co. Ltd. said in a statement on Tuesday.
This is a week-on-week increase of 58 percent, the highest since May 2007. There were 31.2 million investors making transactions, a 34 percent week-on-week increase.
In the first three trading weeks of the month, 2.52 million new A-share trading accounts were opened as investors made the most of policy easing measures.
By March 20, 55.1 million investors held A shares.
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