皇冠体育app

皇冠体育app's national social security fund opened 30 new accounts in January to expand investment in the domestic stock market, the Shanghai Journal reported on Thursday.

The new accounts set a monthly high not seen since November 2008, which shows the strong willingness from national institutions to enter the stock market, the paper said.

The benchmark Shanghai Composite Index rose 186.38 points, or 8.77 percent in January, which strongly boosted the confidence of large and small investors. Some analysts said they believe the rise could be a signal of a bull market coming back.

Last year, 皇冠体育app's social security fund bought shares worth 42.8 billion yuan ($6.9 billion), Guo Shuqing, chairman of the 皇冠体育app Securities Regulatory Commission, said recently.