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Stock account holders reach 94.36mln
www.chinanews.cn 2007-05-11 17:40:15
Chinanews, Beijing, May. 11 �C The outstanding performance of the Chinese
bullish stock market has prompted more people to plunge into the market.
Recently, the number of new account holders in the B-share market
increased tremendously. By May 8, the total number of stock account
holders in Shanghai and Shenzhen stock markets reached 94.36 million.
About 15.83 million people have opened their new account in the stock
market so far this year, which was more than three times the total number
of last year, the Shanghai Securities Journal reported.
During the week-long May Day holiday, staff workers in many securities
companies worked overtime to open accounts for new stockholders. The
latest information issued by the China Securities Depository and Clearing
Corporation also reflects such changes. According to the information, on
May 8, about 368,500 people registered as new shareholders in securities
market, hitting a historical high.
Among the 94.36 million, stock account holders in Shanghai and Shenzhen
stock markets as mentioned above, 93.95 million are individual
stockholders and 421,700 are institutions. Since the beginning of this
year, some 15.83 million people have opened their new accounts in the
stock market, while last year, the total number of new account holders
was only 5.18 million.
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