上交所2025年12月A股新开户数同比增长逾三成 上交所发布的新开户数据显示，2025年12月上交所A股新开户259.67万户，较2025年11月的新开户数增长约9%，同比增幅为 30.55%（2024年12月上交所A股新开户数为198.91万户）。 值得注意的是，2025年12月上交所259.67万户的A股新开户数为2025年第四季度的月度最高值。 回顾整个2025年，上交所A股新开户数经历了多次较为明显的起伏。具体来看，1月为157万户；2月环比大幅增长，达到283.59万户；3月 进一步增长，突破300万户；4月受到当月A股市场整体下跌影响，新开户数大幅下降至192.44万户；5月受假期影响进一步回落至155.56万 户；6、7、8月开始逐步回升，到9月进一步攀升至293.72万户，这一新开户数亦成为2025年各月度中的次高值，以及2025年下半年的月度 最高值；2025年10月，受到国庆假期等因素影响，当月上交所A股新开户环比明显下降，至230.99万户；2025年11月，上交所A股新开户 数环比微增，至238.14万户；2025年12月环比则进一步增长。 从2025年12月的具体情况来看，上交所个人 ...

Core Insights - The number of new A-share accounts opened in September 2025 reached 2.9372 million, marking a year-on-year increase of 60.73% and a month-on-month increase of 10.83% [1] - As of the end of September 2025, a total of 20.1489 million new A-share accounts have been opened this year, reflecting a year-on-year growth of 49.64% [1] Monthly New Account Data - Monthly new A-share account openings from January to September 2025 were as follows: 1.5737 million, 2.8359 million, 3.0655 million, 1.9244 million, 1.5556 million, 1.6464 million, 1.9636 million, 2.6503 million, and 2.9372 million respectively [3] - The September 2025 new account figure of 2.9372 million is the second highest for the year, only behind March 2025's 3.0655 million [3] Year-on-Year Comparison - The September 2025 new account openings significantly surpassed the same month in the previous year, with September 2024 recording only 1.8274 million new accounts [3][4] - The total new accounts opened in 2024 amounted to 24.9989 million, compared to 20.1489 million in 2025 so far [4] Market Performance and Investor Sentiment - Since June 2025, the A-share market has shown a strong upward trend, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rising by 15.99%, 34.72%, and 62.46% respectively from June 1 to September 30 [5][6] - Analysts suggest that the current market still holds certain value, with a continuous "profit-making effect" driving funds into the market [7] Future Market Outlook - The market is expected to maintain a trend of steady upward movement with low volatility in October 2025, following the patterns observed in September [7] - Investors are advised to focus on potential shifts in market style in the fourth quarter, as historical data indicates a tendency for previously leading sectors to lag while lagging sectors may catch up [7]

Group 1 - The core viewpoint of the article highlights the significant increase in new stock accounts in the A-share market, indicating a strong market recovery and heightened trading activity [1][2][3] - In July, the A-share market saw 1.9636 million new accounts opened, representing a nearly 20% increase from June and over 70% year-on-year growth [5][7] - Cumulatively, by July 2025, the total number of new accounts reached 14.5613 million, a 36.88% increase compared to the same period in 2024 [6][8] Group 2 - The increase in new accounts is reflective of a broader recovery in the A-share market, with trading volumes and investor participation significantly rising [4][7] - The performance of brokerage firms has improved markedly in the first half of the year, with many reporting substantial profit increases, driven by active trading and wealth management services [8] - As of July 31, the margin financing balance reached 1.98 trillion yuan, marking a significant increase and indicating strong investor confidence [7][8]