An investor uses cellphone to check on the stock performance in Fuyang, East China's Anhui province, March 18, 2015. [Photo/IC] |
According to a policy paper released on Sunday, investors will no longer be restricted to only one stock account in China's A-share market and each can have up to 20 accounts from April 13. The reform means investors no longer face complicated procedures if they want to transfer their accounts to other brokerage firms.