开户热是对A股的信心投票

Group 1 - The number of new A-share accounts reached 1.9636 million in July 2025, a year-on-year increase of 70.5% compared to 1.1514 million in July 2024, and a month-on-month increase of 19.27% from 1.6464 million in June 2025 [1] - The increase in new accounts reflects investor confidence in the capital market, driven by market recovery and policy benefits [1] - Major indices such as the Shanghai Composite Index and Shenzhen Component Index have shown steady upward trends since mid-April, with daily trading volume consistently exceeding 1 trillion yuan [1] Group 2 - The emergence of innovative sectors such as pharmaceuticals, semiconductors, artificial intelligence, and low-altitude economy is contributing to the optimization of economic structure during the transition and upgrade of the economy [2] - The implementation of new policies, including the "National Nine Articles" and the "1+N" policy framework for the capital market, has successfully attracted medium- and long-term funds into the market [2] - The willingness of investors to buy stocks has strengthened under the reform dividends, enhancing confidence in holding stocks for the long term [2] Group 3 - The dual enhancement of the quality and investment value of listed companies has increased the attractiveness of A-shares to new investors [3] - Strict regulations on the issuance and listing of companies, along with measures to improve dividend frequency and levels, have ensured higher investment value for listed companies [3] - The low interest rates on bank deposits have made high-dividend and stable profit assets in the capital market more appealing, leading to a potential increase in retail investors entering the stock market [3]