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China’s Stock Market Gained Over 18-M New Investors in 2020

#China #stock #market #investors

Around 18.02-M investors in China opened accounts to trade stocks on the Shanghai and Shenzhen exchanges in Y 2020, industry data showed.

That is a 36.04% increase from Y 2019 marking a record high not hit since Y 2017, according to the China Securities Depository and Clearing Corporation Limited.

By the end of Y 2020, the number of investors with A-share accounts marked 177.77-M.

In December alone, 1.62-M investors opened accounts in the nation’s stock market, up 100.39% compared with the same frame of the prior yr, the data showed.

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Have a healthy weekend, Keep the Faith!

Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   

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