The accounts for securities trading on China's Shanghai and Shenzhen stock exchanges saw a net margin deposits outflow of 590.5 billion yuan from December 28 to December 31, according to the latest statistics released by the China Securities Investor Protection Fund (SIPF).
Meanwhile, the accounts for margin trading and stock options trading posted a net margin deposit outflow of 58.4 billion yuan and 19 million yuan respectively last week.
The SIPF attributed the huge amount of margin outflows to the absence of new share subscription and holiday factors in the period.
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