The article points out that the latest A-share account opening data shows that a total of 12.6 million new accounts were opened in the first half of this year, an increase of over 32% over the previous year. The significant increase in the number of new A-share accounts opened in the first half of the year was not simply quantitative accumulation. It was a concentrated demonstration of the results of deepening reforms in the capital market. It was the result of multiple factors such as policy guidance, the rise of new economic momentum, and the reallocation of investors' assets. It was also a confident “two-way race” between investors and the capital market. Specifically, the significant increase in the number of new A-share accounts has sent three positive signals. First, the effects of the expected policy of stabilizing the market have been shown, and investors' judgments on the fundamentals of the capital market have continued to improve. Second, new economic momentum attracts more incremental capital, and investors' asset allocations are shifting to the equity market. Third, the high growth in the number of new A-share accounts is beneficial to the securities industry, and the recovery in brokers' performance stabilizes market confidence.

The article points out that the latest A-share account opening data shows that a total of 12.6 million new accounts were opened in the first half of this year, an increase of over 32% over the previous year. The significant increase in the number of new A-share accounts opened in the first half of the year was not simply quantitative accumulation. It was a concentrated demonstration of the results of deepening reforms in the capital market. It was the result of multiple factors such as policy guidance, the rise of new economic momentum, and the reallocation of investors' assets. It was also a confident “two-way race” between investors and the capital market. Specifically, the significant increase in the number of new A-share accounts has sent three positive signals. First, the effects of the expected policy of stabilizing the market have been shown, and investors' judgments on the fundamentals of the capital market have continued to improve. Second, new economic momentum attracts more incremental capital, and investors' asset allocations are shifting to the equity market. Third, the high growth in the number of new A-share accounts is beneficial to the securities industry, and the recovery in brokers' performance stabilizes market confidence.