In May, the number of new A-share accounts opened was 1.56 million, an increase of 23% compared to the same period last year.

In May 2025, the number of new A-share account openings has declined slightly, but still maintains a stable trend. A comparison of monthly figures shows that the total number of new A-share accounts opened in January 2025 was 1.57 million, doubling to 2.84 million in February, exceeding 3 million in March, and decreasing by 37.22% month-on-month in April due to market volatility caused by trade frictions. In May, the number further declined due to holiday impact. Compared to the 1.27 million new account openings in May 2024, the new account openings in May 2025 increased by 22.86% year-on-year. Looking at the full-year account opening data for 2024, 1.56 million accounts were opened, higher than the first six months of the previous year.