The number of share trading accounts established in China now exceeds 100m as the country’s retail investors continue to ignore warnings about the risks of a stock market bubble and continue to put new money into the market.
The surge in the interest to buy shares among China’s population has accelerated over the past few days, with 385,000 new accounts being opened on Monday alone, taking the total to 100.27m, according to China Securities Depositary and Clearing Corporation. In the previous week, around 1.5m new accounts were opened.
