Stocks News
- Trading account openings hit 2-month low
Date: 7-Jun-2007 Sources: (Shenzhen Daily)
THE securities account openings slumped to the lowest in almost two months Monday as a stock-market rout, triggered by a tripling of the tax on share trades, deterred people from entering the market.
The number of accounts set up for trading mainland shares and investing in mutual funds totaled 240,485 that day, the lowest tally since April 11, according to the latest figures from the China Securities Depository & Clearing Corp.
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