(Bloomberg) -- China's securities account openings
slumped to the lowest in almost two months on June 4 as a stock-
market rout, triggered by a tripling of the tax on share trades,
deterred people from entering the market.
The number of accounts set up for trading mainland shares
and investing in mutual funds totaled 240,485 that day, the
lowest tally since April 11, according to the latest figures
from the China Securities Depository & Clearing Corp.
Read more at Bloomberg Emerging Markets News
slumped to the lowest in almost two months on June 4 as a stock-
market rout, triggered by a tripling of the tax on share trades,
deterred people from entering the market.
The number of accounts set up for trading mainland shares
and investing in mutual funds totaled 240,485 that day, the
lowest tally since April 11, according to the latest figures
from the China Securities Depository & Clearing Corp.
Read more at Bloomberg Emerging Markets News
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