Rush to open trading accounts
By Xu Shenglan | China Daily | Updated: 2009-03-05 07:54
The rebound in the capital markets has led to a surge in new investment accounts at stockbrokerages and fund management houses.
According to market men, investor sentiment got a boost after the favorable remarks at the opening of the Chinese People's Political Consultative Conference on Tuesday.
The number of A-share trading accounts with stock positions in mainland markets has reached 47.5 million, the highest level since last September, according to statistics from the China Securities Depository and Clearing Corp.
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