接近300万！A股新开户数大增

Core Insights - The number of new A-share accounts opened in September 2025 reached 2.9372 million, marking a year-on-year increase of 60.73% and a month-on-month increase of 10.83% [1] - As of the end of September 2025, a total of 20.1489 million new A-share accounts have been opened this year, reflecting a year-on-year growth of 49.64% [1] Monthly New Account Data - Monthly new A-share account openings from January to September 2025 were as follows: 1.5700 million, 2.8359 million, 3.0655 million, 1.9244 million, 1.5556 million, 1.6464 million, 1.9636 million, 2.6503 million, and 2.9372 million respectively [2][3] - The September 2025 figure of 2.9372 million is the second highest for the year, only behind March 2025's 3.0655 million [3] Year-on-Year Comparison - The September 2025 new account openings of 2.9372 million surpassed all months in 2024 except for October, which had 6.8468 million [3][4] - The total new accounts opened in 2024 amounted to 24.9989 million, with a cumulative total of 38.9377 million accounts by the end of the year [4] Market Performance and Investor Sentiment - Since June 2025, the A-share market has shown a strong upward trend, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rising by 15.99%, 34.72%, and 62.46% respectively from June 1 to September 30 [5][6] - Analysts suggest that the current market still holds certain value, driven by a continuous "profit-making effect" that supports ongoing capital inflow [7] Future Market Outlook - The market is expected to maintain a trend of steady upward movement with low slope in October, following the patterns observed in September [7] - Investors are advised to focus on potential style shifts in the fourth quarter, as historical data indicates a tendency for previously leading sectors to lag while lagging sectors may catch up [7]