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Fewer stock accounts opened in August

Chinese investors opened 704,900 stock trading accounts in August, the smallest number in 20 months. The news came as huge market losses dampened investor enthusiasm. Fewer people were willing to enter the market. The Shanghai Composite Index had... ...full story at People's Daily

from People's Daily on Tue, Sep 09 2008

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24 Apr 08 visit Chinese Investors Reveal Unhealthy Stock Market  »  YouTube videoANCHOR: 
The stock market in mainland China has been falling the past few days. The Shanghai index is at half its highest point of 6,100 points. Yuxiang Yan, an investor from Hubei Province said that people are encouraged by the media to invest in t...
16 Oct 08 visit Number of new stock accounts up in Sept.  »  People's Daily About 861,500 new stock accounts were opened last month, reversing a five-month slide, according to the China Securities Depository and Clearing Corporation on Thursday. That was up 15 percent or 160,000 new accounts from the figure in August, the...
11 Mar 08 visit Index sheds 3.59%  »  People's Daily SHANGHAI: The stock market slid 3.59 percent yesterday as worries about a US economic slowdown intensified. Fears of more monetary tightening measures also dampened investor sentiment. The benchmark Shanghai Composite Index plunged 3.59 ...
01 Jun 07 visit Stock Market in China, Sell the 7th of August 2008  »  China Snippets I’m no investor and I can still get confused between put and call so the following is definitely not based on any knowledge nor take it as an advice. The stock market in Shanghai is still on the up, despite government initiatives, more tax etc, to...
21 Feb 10 visit Investors may start stock index futures account application Monday  »  People's Daily Investors can apply for accounts to trade stock index futures from 9:00 a.m. Monday, the Shanghai-based China Financial Futures Exchange (CFFE) said Sunday in a statement on its website. Investors who want to trade stock index futures must have a...
25 May 09 visit Chinese shares opened lower, affected by IPO relaunch schedule  »  People's Daily Chinese shares opened lower on Monday, affected by a government decision over the weekend to resume initial public offerings (IPOs) in the domestic stock market. The benchmark Shanghai Composite Index was down 1.63 percent to 2,555.34, and the...

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