The Traderszone Network

Published in TZ Latest News 12 April, 2015 by The TZ Newswire Staff

One Of These Chinese Things Is Not Like The Other

China (and Hong Kong) stock markets opened gap higher and kept going (China Merchants Bank up over 20%) as The China Securities Depositary and Clearing Co. (CSDC) announced that investors will no longer be restricted to only one stock account in China’s A-share market and each can have up to 20 accounts from Monday. Which makes perfect sense because what every elementary-school-educated housewife speculator needs is 19 more places to speculate in.

 

As Xinhua reports,

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