[Daily News] Stock investors can have 20 accounts A股´一人一户´解禁 供大家练习用,回帖可看到参考译文{:8_203:}:) 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, the managing institution for stock accounts said on Sunday. The reform means investors no longer face complicated procedures if they want to transfer their accounts to other brokerage firms. All they need to do is to open new accounts with other firms and the information will be transferred under a new system launched by the China Securities Depositary and Clearing Co (CSDC) in October. An expert said this will bring about competition on commission fees as investors will choose brokers with low fees.
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