dont worry shanghai at another high.....4000??? maybe this week

Discussion in 'Trading' started by S2007S, Apr 30, 2007.

  1. S2007S


    SSE Composite Index (Shanghai:000001.SS) Delayed quote data Edit
    Index Value: 3,841.27
    Trade Time: 3:00AM ET
    Change: Up 81.41 (2.17%)
    Prev Close: 3,759.867
    Open: 3,784.272
    Day's Range: 3759.48 - 3851.35
    52wk Range: 1,446.99 - 3,802.92
  2. S2007S


    So far, the stock market has climbed more than 40 percent this year, building on last year's meteoric 130 percent rise. Not surprisingly, people from across the country have been trying to get a piece.

    More than 11 million new trading accounts have been opened since the beginning of this year, or twice the total number opened last year, according to the China Securities Depository and Clearing Co Ltd.

    Altogether, there are now 90 million trading accounts in China, accounting for 7 percent of the country's 1.3 billion population.

    The growing ranks of investors are not just pouring money into the market they are diverting an increasing amount of energy to it.