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 Sina Finance

The number of newly opened A-share accounts has remained above 150000 for two consecutive days

http://www.sina.com.cn 16:55, August 1, 2007 Sina Finance

Since last week's market surge triggered a new round of market entry boom, the enthusiasm of retail investors to enter the market has increased. As of July 31, the number of newly opened A-share accounts in Shanghai and Shenzhen stock markets has remained above 150000 for two consecutive days.

See the statistics of China Securities Depository and Clearing Corporation Limited for details:

Company: Account Data source: Zhongdeng Company
date Number of new A-share accounts opened Number of new B-share accounts opened Number of new fund accounts Total number of new accounts opened
2007-07-13 66,119 nine hundred and ten 19,528 86,557
2007-07-16 72,784 seven hundred and seventy-five 15,110 88,669
2007-07-17 59,429 seven hundred and twenty-five 24,459 84,613
2007-07-18 56,861 six hundred and eighty-five 14,256 71,802
2007-07-19 57,734 seven hundred and sixteen 13,915 72,365
2007-07-20 66,908 seven hundred and thirteen 21,060 88,681
2007-07-23 107,324 seven hundred and sixty-one 16,920 125,005
2007-07-24 115,659 nine hundred and thirty-three 24,100 140,692
2007-07-25 108,940 1,019 25,320 135,279
2007-07-26 122,229 1,052 40,119 163,400
2007-07-27 133,009 1,295 91,863 226,167
2007-07-30 163,451 1,208 224,293 388,952
2007-07-31 151,168 1,215 90,537 242,920
Note: ① The number of newly opened accounts refers to the number of newly opened accounts on that day; The data in the table refer to Shanghai and Shenzhen combined counting. ② The number of new fund accounts includes the number of fund accounts increased due to the registration of open-ended fund system accounts of Zhongdeng Company.

   Related Links

   In July, the number of A-share account opening decreased by 40% month on month, showing a slow recovery trend

   Accounts approaching 110 million newly opened accounts are positively correlated with the market

Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.

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