A股重磅！2025年，新开户2744万！

Core Insights - The A-share market has seen a significant increase in new account openings, with 27.44 million new accounts in 2025, representing a 9.75% growth compared to 24.99 million in 2024, indicating sustained high growth for two consecutive years since 2023 [2][3]. Group 1: New Account Openings - In 2025, the monthly new account openings peaked in December at 2.5967 million, a 30.54% increase year-on-year compared to December 2024 [3]. - The total number of new accounts opened in 2025 reached 27.4369 million, contributing to a cumulative total of 39.74296 million A-share accounts [4]. - The new account openings reflect the long-term investment value and vitality of the A-share market, with a notable presence of younger investors, particularly those under 35 years old [5]. Group 2: Market Outlook for 2026 - Analysts are optimistic about the A-share market in 2026, expecting a continuation of the positive trend due to improved corporate profit structures and potential valuation increases [2][7]. - The market is anticipated to experience a "slow bull" phase in 2026, supported by stable net asset returns for non-financial enterprises and limited valuation overextension [7]. - The influx of incremental capital from various sources, including insurance and high-net-worth individuals, is expected to further bolster the market [7][8].