A股重磅！2025年，新开户2744万！

Core Viewpoint - The continuous growth in new A-share accounts in 2025 reflects the long-term investment value and vibrant activity of the A-share market, with a total of 27.44 million new accounts opened, representing a 9.75% increase from 2024 [1][4]. Group 1: New Account Growth - A-share new account openings have shown steady growth over the past two years, with 24.99 million new accounts in 2024, a 16.6% increase from 21.44 million in 2023, and further growth to 27.44 million in 2025 [2][4]. - Monthly data indicates that December 2025 saw a significant increase in new accounts, reaching 2.5967 million, a 30.54% year-on-year increase compared to December 2024 [2][6]. - In December 2025, institutional new accounts reached 11,100, marking a new high for the year, while individual investors opened 2.5856 million new accounts [2][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 for valuation increases [1][7]. - The market is anticipated to experience a "slow bull" pattern in 2026, supported by a stable return on equity (ROE) for non-financial enterprises and limited valuation overextension [7]. - The influx of new capital from insurance and high-net-worth individuals is expected to further bolster market performance [7].