Briefly

1.34m new investors trade stocks in Nov

Nearly 1.34 million new investors in China opened accounts to trade in stocks on the Shanghai and Shenzhen bourses in November, industry data showed. This marks an increase of 36 percent from the previous month, according to China Securities Depository and Clearing Corp Ltd. At the end of last month, the number of investors with A-share accounts stood at 196 million, CSDC data showed. The country saw about 18.26 million new investors in its stock market in the first 11 months of this year, surpassing the total figure of 2020 and hitting a record high since 2017.

Interprovincial metro makes progress

A 54.4-kilometer railway between two neighboring cities in East China's Anhui and Jiangsu provinces made further progress, when part of its phase-I line saw tracks being connected. Tracks between Chahezhen and Xiangguanbei stations have passed quality tests and trial runs, adding to hopes that full-fledged services connecting Anhui's Chuzhou and Jiangsu's Nanjing will start in 2023, with 14 stations in between. State-owned China Tiesiju Civil Engineering Group helped lay the tracks.

Xinhua - China Daily