Investors posting stronger passion in investing in Shanghai and Shenzhen-listed stocks in April with nearly 40 percent of the valid A-share accounts recording transactions during the month, according to latest statistics from China Securities Depository and Clearing Limited (CSDC).
CSDC statistics show that 63.49 million out of the 163 million valid A share accounts participated in stock trading in April, 15 million more than that in March, representing 39.51 percent of the total.
Meanwhile, 81.23 million out of the 163 million valid A share accounts registered stock transactions in the past one year ending April 30, representing 50.55 percent of the total valid accounts in the period, up 4.35 percentage points as compared with the figure in the previous month.
Nearly 70 percent of the valid accounts that saw stock transactions in April still had stock positions by the end of April while the rest 30 percent of them had none, said the statistics.
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