Statistics from China Securities Depository and Clearing Corporation (CSDCC) revealed eleven and ten new A-share stock accounts in Shanghai and Shenzhen bourses in August for QFII, boosting the total number for QFII accounts in the two bourses to 511.
Actually, new accounts have been double-digit since May, hitting 22, 29 and 24 respectively from May to July. The total figure rose 43.94% from the year beginning by the end of August. It has been 20 months that QFII have new accounts.