China's number of new investors grew in April at slowest pace in 13 mths

China's number of new investors grew in April at slowest pace in 13 mths

Beijing, China

The number of China’s new investors grew in April at its slowest pace in 13 months, hit by a lack of upside momentum for the stock market and persistent worries over policy tightening.

The number of new investors for the A-share market increased by 1.7 million in April, or 3.1% year-on-year, its slowest since March 2020, data from the China Securities Depository and Clearing Corporation Limited (CSDC) showed.

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