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.