Core Insights - The number of new A-share accounts opened in July reached 1.96 million, representing a year-on-year increase of 71% and a month-on-month increase of 19% [1] - This surge in new accounts indicates a recovery in the A-share market and an increase in trading activity [1] - As of July 2025, the total number of new accounts opened in the A-share market has reached 14.56 million, reflecting a year-on-year growth of over 30% [1]