{
  "id": 160703,
  "title": "China’s stock market sees drop in new A-share, margin-trading accounts amid tech sell-off",
  "url": "https://urgent.news/2026/08/05/chinas-stock-market-sees-drop-in-new-a-share-margin-trading-accounts",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-05T03:49:19.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/markets/article/3362996/chinas-stock-market-sees-drop-new-share-margin-trading-accounts-amid-tech-sell"
  },
  "original_language": "en",
  "account": "Mainland China's stock market saw a slowdown in new account openings and leveraged trading in July, as investor confidence waned following a sell-off in technology shares. The Shanghai Stock Exchange registered a 7% decrease in July compared to June, with 2.66 million new A-share accounts opened. This marked a 22.82 million new accounts for the January-to-July period. Margin trading activity also declined, with 139,400 new margin-trading accounts opened in July, a 22.12% drop from June. The decline in trading activities coincided with a drop in mainland technology shares. The CSI 300 Index, tracking the 300 largest and most liquid stocks on the Shanghai and Shenzhen exchanges, dropped by 13% in July, while the Shanghai Composite Index fell by 5%. Electronic chemicals, semiconductors, and optical-module makers were hit the hardest. The retreat mirrored a broader pullback in the artificial intelligence trade across Asia, as investors questioned the necessity for significant investments in data centers and cloud-service infrastructure. South Korea's tech-heavy Kospi index plunged over 18% in July, and Hong Kong-listed chipmakers experienced high volatility. GigaDevice Semiconductor's stock prices dropped by about 45%, while Montage Technology fell over 26%. Despite the market downturn, China's social security fund expressed confidence in the onshore stock market by increasing its stakes in A-share companies in the first seven months of the year, focusing on semiconductors, electronics, and components. Beijing signaled its intention to provide more policy support to bolster growth. At a meeting led by President Xi Jinping, the Politburo, a major decision-making body of the ruling Communist Party, pledged to accelerate fiscal spending and strengthen the resilience of capital markets for the rest of the year, aiming to stabilize an economy facing challenges and difficulties amid slowing activity and volatile global markets.",
  "summary": "New account openings and leveraged trading in mainland China’s stock market slowed in July, as a global artificial intelligence-linked sell-off dented investor appetite following a positive first half of the year for technology shares. The Shanghai Stock Exchange opened 2.66 million new A-share accounts in July, down 7 per cent from June, according to exchange data. That brought the cumulative…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}