Group 1 - In July 2023, the Shanghai Stock Exchange reported 1.9636 million new A-share accounts, a month-on-month increase of nearly 20% and a year-on-year increase of 71% [2] - The total number of new A-share accounts for the first seven months of 2023 reached 14.5613 million, a 36.88% increase compared to the same period last year [2] - Individual new accounts accounted for 1.954 million, while institutional new accounts were 9,600 [2] Group 2 - The A-share new account numbers experienced significant fluctuations throughout 2023, with a peak of 3.0655 million in March [3] - The increase in new accounts in July is attributed to the positive performance of the A-share market, with the Shanghai Composite Index rising by 3.74% during the month [3] - The total trading volume in July reached 29.4 trillion shares, marking a new monthly high for the year [3] Group 3 - Over 3,600 A-shares rose in July, with more than 1,000 stocks increasing by over 10% [4] - The margin financing balance increased from 1.85 trillion yuan at the end of June to 1.98 trillion yuan by the end of July, marking a growth of over 100 billion yuan [4] - The financing balance reached 1.971 trillion yuan, the highest in the last ten years [4]

Group 1 - In July, the number of new A-share accounts reached 1.9636 million, marking a month-on-month increase of nearly 20% and a year-on-year increase of over 70% [1][4] - The total number of new A-share accounts for the first seven months of this year reached 14.5613 million, a growth of 36.88% compared to the same period last year [1][2] - The increase in new accounts in July is attributed to the overall positive performance of the A-share market, with the Shanghai Composite Index rising by 3.74% during the month [4] Group 2 - In July, individual investors accounted for 1.954 million new A-share accounts, while institutional investors contributed 9,600 accounts [2] - The total number of new accounts across A-shares, B-shares, and funds in July was 2.1258 million, reflecting a month-on-month increase of over 270,000 accounts [2][4] - The trading volume in July reached a record high, with a total of 2.94 trillion shares traded, and the total transaction value amounted to 37.58 trillion yuan, both marking significant increases from June [4]

Core Viewpoint - The new account openings in A-shares for July reached approximately 1.96 million, marking a significant increase compared to previous months, indicating a positive trend in market participation and investor sentiment [2][5][10]. Summary by Sections New Account Openings - In July, the number of new A-share accounts was 1.9636 million, representing a month-on-month increase of nearly 20% and a year-on-year increase of over 70% [5][6]. - Cumulatively, the total new accounts for the first seven months of the year reached 14.5613 million, a growth of 36.88% compared to the same period last year [6][8]. Monthly Trends - The new account openings have shown notable fluctuations throughout the year, with January starting at 1.57 million, peaking in March at 3.0655 million, and then declining in April and May due to market conditions [8]. - The recovery in July to 1.9636 million accounts suggests a rebound in investor confidence following a period of market volatility [8][10]. Market Performance - The overall performance of the A-share market in July was strong, with the Shanghai Composite Index rising by 3.74%, marking the third consecutive month of gains [11]. - Trading volume also reached new highs, with a total turnover of 37.58 trillion yuan in July, significantly higher than in previous months [11]. - Over 3,600 A-shares saw price increases in July, with more than 1,000 stocks rising over 10%, indicating broad market strength [11]. Margin Trading - Margin trading balances increased from 1.85 trillion yuan at the end of June to 1.98 trillion yuan by the end of July, reflecting growing investor engagement and confidence [11].