Core Insights - The number of new A-share accounts opened in October was 2.3099 million, a decrease of 21% from September and a 66% decline year-on-year [1][3] - In the first ten months of 2025, a total of 22.4588 million new accounts were opened, representing a year-on-year growth of 10.57% [1][6] - The decline in new accounts in October reflects short-term market sentiment and structural dynamics, with regulatory measures impacting speculative investments [1][6] Summary by Category New Account Openings - October saw 2.3099 million new A-share accounts, down from 2.9372 million in September, marking a 21.36% decrease [3] - Year-on-year, October's new accounts fell by 66.26% from 6.8468 million in the previous year [3] - The cumulative new accounts for the first ten months of 2025 reached 22.4588 million, with a total account count of 39.245 million [6] Market Sentiment and Trends - The decline in new accounts is attributed to weaker-than-expected economic data and increased market volatility, which dampened investor enthusiasm [1][6] - Analysts suggest that the market may enter a period of consolidation with a lack of clear catalysts, leading to a predominantly oscillating market in the short term [7][8] Investor Composition - Individual investors accounted for 2.3022 million of the new accounts in October, while institutional investors contributed only 0.077 million, falling below 1,000 [1][6] - In the first ten months, individual investors opened 22.3751 million accounts, while institutional investors totaled 0.0838 million [6] Future Outlook - Analysts predict that the A-share market may experience short-term fluctuations but could gradually recover in the medium to long term, especially if economic conditions improve and foreign capital returns [6][8] - The market is expected to remain in a narrow trading range, with potential for upward movement depending on technological growth and policy support [7][8]
A股10月新开户环比减少21% 散户年内新开2237万户
Di Yi Cai Jing·2025-11-05 12:05