Foreign rush into Shenzhen

Overseas investors opened more than 8,000 accounts to trade B shares in Shenzhen in the five months to May.

According to Xinhua (the New China News Agency), a flood of money from mainland investors has been flowing into the B-share market, prompting regulators to call on Monday for closing the market to mainlanders.

Liu Xinhua , who heads the newly formed group to promote B shares, said: 'We will give full play to the advantage of Shenzhen as a neighbour of Hong Kong and grasp opportunities resulting from the return of Hong Kong in 1997.'