Market Performance - The A-share market showed a strong performance on August 15, with the Shanghai Composite Index rising by 0.83%, the Shenzhen Component Index increasing by 1.6%, and the ChiNext Index gaining 2.61% [1] - The total trading volume exceeded 2 trillion yuan for three consecutive days, indicating heightened market activity [1][14] Weekly Performance - For the week, the Shanghai Composite Index rose by 1.7%, the Shenzhen Component Index increased by 4.55%, and the ChiNext Index surged by 8.58%, marking the largest weekly gain of the year [3] New Account Openings - In July, the number of new A-share accounts reached 1.9636 million, a year-on-year increase of 70.54% and a month-on-month increase of 19.27% [3] - The total number of new accounts opened in 2023 reached 14.5613 million, reflecting a year-on-year growth of 36.88% [3][4] Sector Performance - The financial sector, particularly brokerage and fintech stocks, experienced significant gains, with notable stocks like Zhihui and Tonghuashun reaching historical highs [6] - The brokerage sector saw an overall increase of nearly 4%, with trading volume surpassing 120 billion yuan [8] Investment Trends - There is a notable shift of funds from low-risk deposits to higher-yield investments such as stocks, insurance, and funds, driven by declining deposit rates and increasing attractiveness of equity assets [17] - In July, household deposits decreased by 1.11 trillion yuan, while non-bank deposits increased by 2.14 trillion yuan, indicating a trend of converting fixed deposits into more liquid forms for investment [17] Sector Rotation - The market is no longer dominated by bank stocks, with various sectors such as securities, semiconductors, and insurance showing strong performance and structural opportunities [14] - The recent rally in the A-share market is attributed to multiple factors, including policy improvements, increased risk appetite from retail and institutional investors, and a resilient macroeconomic environment [14]