Core Viewpoint - The A-share market has reached a nearly ten-year high, leading to a surge in new account openings and increased business inquiries from investors [1][2]. Group 1: Market Performance and Investor Behavior - The A-share index has recently hit a peak of 3787.98 points, prompting a significant influx of retail investors [1]. - There has been a reported increase of approximately 200% to 300% in new account openings at brokerage firms since August [1]. - The number of active clients and inquiries at brokerage firms has also risen, with a 20% increase in client consultations noted by several firms [3]. Group 2: Brokerage Firms' Strategies - Brokerages are actively promoting "new customer benefits" and strategies to attract returning clients, including reduced commission rates [1][3]. - Many brokerages have lowered their commission rates to below 0.01%, which has become a key competitive advantage in attracting new clients [3][4]. - The average commission rate for ordinary retail investors remains between 0.025 and 0.03, with some firms offering lower rates under specific conditions [5]. Group 3: Client Demographics and Education - A significant portion of new investors entering the market are younger individuals, particularly those born in the 1990s and 2000s [6]. - Brokerages are enhancing their investor education efforts to address the knowledge gaps among new investors, focusing on teaching them about rational investment practices [6].