107.8 Million New Accounts

The investor tide is starting to recede a fraction in the Chinese A-share market with the number of people opening accounts dipping below 100,000 for the seventh consecutive day. More than 100,000 new accounts have been opened daily on the Chinese stock market since March 12 as share prices surged in spectacular fashion. The number dropped to 99,957 on July 2 and has stayed under 100,000 since.

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