BIZCHINA / Center |
Stock accounts shrink as market tumbles(Xinhua)Updated: 2007-06-06 08:57 Chinese investors opened 197,000 new Chinese A-share accounts on Monday, dipping below the 200,000-mark for the number of new accounts for the first time since May 1, according to the China Securities Depository and Clearing Co. Ltd. The Shanghai-and Shenzhen-based stock markets witnessed a total of 240,500 newly-opened accounts on Monday including 2,656 B-share accounts and 40,844 fund accounts. By the close of trading on Monday, the total number of stock accounts in the two bourses stood at 102.5 million. The benchmark Shanghai Composite Index rose 2.63 percent on Tuesday, or 96.7 points to close at 3,767.10 points. (For more biz stories, please visit Industry Updates) |