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China’s July new stock accounts more than double to 2.43 million as traders continue their headlong dive into market to sustain rally

Summary:
[unable to retrieve full-text content]The Chinese population is continuing its headlong plunge into the stock market, a second monthly surge that sustains the momentum behind one of the world’s best-performing major benchmarks this year.July’s new A-share trading accounts more than doubled from last year to 2.43 million, according to data by the China Securities Depository and Clearing (CSDC). That raised the total to 170.2 million accounts as of July 31, making it the world’s eighth largest cluster of people, more than the…

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[unable to retrieve full-text content]
The Chinese population is continuing its headlong plunge into the stock market, a second monthly surge that sustains the momentum behind one of the world’s best-performing major benchmarks this year.July’s new A-share trading accounts more than doubled from last year to 2.43 million, according to data by the China Securities Depository and Clearing (CSDC). That raised the total to 170.2 million accounts as of July 31, making it the world’s eighth largest cluster of people, more than the…

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