ABOUT 861,500 new stock accounts were opened last month, reversing a five-month slide, according to the China Securities Depository and Clearing Corporation yesterday.
That was up 15 percent, or 160,000 new accounts, from the figure in August, the lowest record for this year. The surge was attributed to the increase in new accounts during the week from September 22 to 26, when 366,378 new accounts, almost doubled the number of the previous week, were opened after the government announced the scrapping of stamp duty on stock purchases.