格隆汇11月30日｜经济日报刊文指出，近期，两融新开账户呈现激增态势，引发市场广泛关注。中证数 据有限责任公司数据显示，9月份市场新开两融账户达20.54万户，创下今年以来单月最高纪录，比8月 份的18.30万户增长12.24%，较去年9月份的5.29万户大幅增长288%。尽管10月份受国庆中秋长假叠加市 场震荡影响，新开两融账户有所减少，但整体仍在较高水平。这些数据背后，折射出市场怎样的变化？ 两融新开账户的激增是多重因素共同作用的结果。中信建投证券策略分析师李家俊认为，近期两融新开 账户激增的核心驱动力在于前期政策支持效果释放、宏观经济企稳、企业盈利改善，投资者对市场长期 信心增强，市场情绪转向积极。从经济基本面看，中国经济表现稳健，消费数据持续回暖，出口超过预 期。这些积极因素共同构筑了市场向好的基础环境，促使投资者，特别是偏好高风险或杠杆交易的投资 者，预期市场将迎来上涨行情，从而积极参与两融交易。 面对激增的市场需求，券商也积极应对。多 家头部券商已宣布调高信用业务规模上限，扩大融资融券业务配额。这一方面体现了券商对后市发展的 信心，另一方面也反映出金融机构对市场需求的敏锐把握。按照中信证券非银金融 ...

Group 1 - The A-share market experienced a volume-reduced rebound, with the ChiNext Index leading the gains, while the securities sector showed fluctuating performance [1] - The largest securities ETF in the Shenzhen market (159841) rose by 0.09%, with a trading volume exceeding 400 million yuan for the day; notable constituent stocks included Everbright Securities, Shanxi Securities, and Founder Securities [1] - The ETF saw a net subscription of over 160 million units today, following a cumulative net inflow of over 620 million yuan in the previous five trading days, indicating strong investor interest [1] Group 2 - In September, the number of newly opened margin trading accounts surged to 205,400, marking the highest monthly figure of the year, a 12.24% increase from August and a significant 288% increase year-on-year [2] - This substantial rise in new accounts reflects a recovery in investor confidence and market sentiment, signaling multiple positive indicators for the market [2] - Analysts from Xiangcai Securities expect a rapid growth in brokerage performance due to significant increases in market trading volume and margin balances, while current brokerage PB valuations remain below the median of the past decade, suggesting potential for valuation recovery [2]