Is China Too Hot to Handle?
ASIA REPORT
An investor checks share prices in Beijing.
New Chinese investors are rushing into the stock market like buyers trying to get their hands on an Apple iPhone or Nintendo Wii.
An average of 300,000 new brokerage accounts for investing in mainland equities and mutual funds were opened daily in the second quarter of this year, according to official statistics. By the end of June, retail brokerage accounts totaled more than 105 million. On some days, investors opened as many as half a million new
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