Market Overview - Since August, the margin financing balance in the market has reached a 10-year high, prompting companies to increase staffing for margin business operations and reviews to handle the surge in account openings and inquiries [1] - The A-share market has shown a strong performance this year, with the Shanghai Composite Index rising from around 3200 points at the beginning of the year to over 3700 points, marking a significant increase that enhances investor sentiment and market attractiveness [1] Investor Engagement - The number of new A-share accounts opened has surged, with 1.9636 million new accounts in July 2025, a year-on-year increase of 70.54%. In the first seven months of 2025, the total number of new accounts reached 14.5613 million, up 36.88% year-on-year [4] - The frequency of investors checking their stock trading apps has increased, with monthly active users of securities apps reaching 166.7 million in July, a 3.36% month-on-month increase [3] Capital Inflow - As of early August, the A-share margin financing balance exceeded 2 trillion yuan, a new high in ten years, with an increase of approximately 150 billion yuan this year [6] - The influx of funds has significantly boosted trading volumes, with 9 trading days this year surpassing 2 trillion yuan in transaction volume, compared to only 20 such days in the same period last year [6] Corporate Performance - The quality of listed companies is improving, with nearly 70% of companies in the Shanghai and Shenzhen stock exchanges announcing cash dividend plans this year, totaling 1.64 trillion yuan [10] - The approval of IPO applications for unprofitable companies, such as He Yuan Biotechnology, marks a significant development in the capital market, indicating a shift towards supporting innovative enterprises [11] Mergers and Acquisitions - The implementation of policies like "Merger Six Articles" has led to over 200 major asset restructuring announcements in the A-share market, enhancing the scale and activity of the M&A market [13] - Companies are focusing on integrating M&A activities to support technological and industrial innovation, with dedicated departments being established to facilitate this process [18] Broker Activity - Brokerages are actively responding to the increased market activity, with customer service departments experiencing a surge in inquiries related to account management and trading functionalities [16] - To manage the heightened trading volume, brokerages are conducting system inspections and capacity evaluations to ensure stability under increased loads [17]
券商忙起来了！资本市场活跃度大增
证券时报·2025-08-21 04:53