The average daily number of new accounts opened by securities firms increased by 15%-35% month-on-month, with some leading firms surpassing last year's peak of 924

With the Shanghai Composite Index reaching a nearly 10-year high, the A-share market continues to warm up. The average daily new account openings for more than a dozen securities firms in August increased by 15%-35% compared to July, with some small and medium-sized securities firms showing particularly prominent growth. In addition, there has been a significant increase in the number of various business transactions, including new margin trading account openings, consultation for account openings, account recovery, password resets, and trading permission activations, with dormant account activations also rising correspondingly. The perception of account opening enthusiasm varies among securities firms of different sizes in this round of market conditions. Among leading securities firms, some frontline branches have seen a noticeable increase in customer service workload compared to previous days, while some institutions have experienced a continuous rise in monthly active users and daily active users. Small and medium-sized securities firms are showing a "differentiated breakthrough" trend, with some small firms having a higher month-on-month increase in new account openings than medium-sized firms, while some medium-sized firms have generated a stronger demand for investment advisory services due to market dividends compared to small firms