In November, the monthly active users of brokerage apps returned to 170 million.

Data shows that in November 2025, the number of active users of securities-related apps reached 172 million, an increase of 2.06% compared to October's 169 million. Yang Ling, a securities industry consulting expert at Analysys Qianfan, pointed out that in November 2025, the A-share market exhibited typical features of "rising and falling, shrinking and consolidating", with significant differentiation in market sentiment and fund behavior. On one hand, investors remained resilient, with 2.3814 million new accounts opened, an increase of 3.10% compared to the previous month; on the other hand, trading interest noticeably cooled, with the average daily turnover decreasing by approximately 11%, and the number of monthly active users of securities service apps also decreased by 3.20% year-on-year. The data confirms the common mentality of investors currently being "present but wait-and-see", and overall market activity has decreased compared to the same period last year. In the competition among securities self-operated apps, the top players remained stable. In November 2025, the top three in terms of monthly active users were: Huatai Securities' "Zhangle Wealth Management" with 11.8149 million users, Guotai Junan's "Guotai Junan Junhong" with 10.1848 million users, and Ping An Securities with 8.7001 million users ranking third.