BUSINESS China's stock market attracts over 2.4m new investors in July

BUSINESS

China's stock market attracts over 2.4m new investors in July

Xinhua

15:36, August 24, 2020


Investors check stock prices at a securities brokerage in Nanjing, Jiangsu province. [Photo by Su Yang/For China Daily]

BEIJING -- Around 2.43 million investors in China opened accounts to trade stocks on the Shanghai and Shenzhen bourses in July, industry data showed.

The number was up 56.6 percent from June, representing a record monthly high since 2018, according to the China Securities Depository and Clearing Corporation Limited.

Individual investors accounted for the majority of investors, reaching around 2.42 million, while new institutional investors stood at 3,900.

By the end of last month, the number of investors with A-share accounts had surpassed 170 million, the data showed.

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