Summary of Key Points Core Viewpoint - The article highlights the increase in new individual investor accounts in the A-share market, with November 2025 seeing 2.38 million new accounts, reflecting a 3% month-on-month growth but a 12% decline year-on-year compared to November 2024 [2][5]. Group 1: New Account Data - In November 2025, the total number of new A-share accounts reached 2.38 million, with 2.37 million from individual investors and approximately 0.97 thousand from institutional investors [5]. - The cumulative new accounts for the first 11 months of 2025 totaled 24.84 million, representing a year-on-year growth of 7.95% [2][5]. - The total number of A-share accounts reached approximately 39.48 million by the end of November 2025 [3]. Group 2: Monthly Trends - The new account numbers fluctuated throughout 2025, closely tied to market conditions, with significant increases in the first half of the year and a notable drop in October due to seasonal factors [7]. - The month of November 2025 saw a recovery in new accounts, increasing by 3% from October, which had experienced a 21% decline [7]. - Year-on-year comparisons show that November 2025's new accounts were lower than the previous year's 2.7 million, influenced by a high base effect from last year's market conditions [5][7]. Group 3: Brokerage Business Performance - The active participation of investors has led to a significant recovery in brokerage business, with a 17.02% increase in total revenue for 42 listed brokerages in the first three quarters of 2025, totaling approximately 419.56 billion yuan [9]. - Brokerage firms reported a 62.38% increase in net profit, driven by a 74.64% surge in brokerage income, reflecting the heightened trading activity in the market [9]. - The average daily trading volume for stocks and funds increased by 110% year-on-year, reaching approximately 1.93 trillion yuan, with the third quarter showing a remarkable 210% increase [9].
最新!A股开户数出炉
中国基金报·2025-12-02 09:37