Investor Accounts Reach Record High
By Wang Weini |
March 18, 2010, Thursday
|
Print Edition
Print Edition
INVESTORS opened 352,203 accounts to trade stocks on the Chinese mainland last week, the most in three months and a third straight weekly gain.
A total of 351,258 investors opened yuan-denominated A share accounts in the period, up 5.08 percent from a week earlier, and 945 investors opened hard-currency B shares, a drop of 5.78 percent, according to China Securities Depository and Clearing Corp.
Investors held positions in a record 52.69 million accounts last week, rising by 234,100 from a week earlier and accounting for 37.54 percent of total accounts, the company said.
The introduction of stock index futures and margin trading are expected to attract more investors.
A total of 351,258 investors opened yuan-denominated A share accounts in the period, up 5.08 percent from a week earlier, and 945 investors opened hard-currency B shares, a drop of 5.78 percent, according to China Securities Depository and Clearing Corp.
Investors held positions in a record 52.69 million accounts last week, rising by 234,100 from a week earlier and accounting for 37.54 percent of total accounts, the company said.
The introduction of stock index futures and margin trading are expected to attract more investors.
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