The China stock market under the influence of the 4 trillion yuan economic stimulus plan has shown good performance compared to the rest of the world. Investors expectation for the China stock market prompted more people to open up stock trading accounts to take part in the expected recovery of the China stock market.
China Securities Depository and Clearing Corporation Limited data shows that the China stock market new account openings have risen for continuously 2 weeks rising to a value of 349,900, a threefold increment comparatively.
China Securities Depository and Clearing Corporation Limited data shows that trading accounts involved in last week's trading increased by about 2.55 million to 13,693,700, a 23% increment comparatively with trading accounts at the same time showing a substantial increase in proportion to 11.4%.
Accounts with stock holdings ended a 3 week decline rising from last weeks 47,019,100 to 47,239,300, a increment of close to 220,000 in a week.
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