Zheng Quan Shi Bao Wang·2025-05-26 01:28Summary of Key Points Core Viewpoint - The financing balance of the Sci-Tech Innovation Board (STAR Market) has decreased, indicating a potential shift in investor sentiment and market dynamics [1]. Financing Balance - As of May 23, the total margin financing balance on the STAR Market is 1520.11 billion yuan, a decrease of 4.30 billion yuan from the previous trading day [1]. - The highest financing balance is held by SMIC at 73.74 billion yuan, followed by Cambrian and Haiguang Information with balances of 44.94 billion yuan and 32.70 billion yuan, respectively [1]. - A total of 237 stocks saw an increase in financing balance, while 346 stocks experienced a decrease [1]. - Notable increases in financing balance include Sangfor Technologies (49.76%), Hengxuan Technology (22.29%), and Zhixiang Jintai (14.98%) [1][2]. - Significant decreases were observed in Maide Medical (-14.67%), Kejie Intelligent (-12.68%), and Zhongyou Technology (-12.22%) [1]. Securities Lending Balance - The total securities lending balance on the STAR Market is 5.42 billion yuan, down by 366.74 million yuan from the previous trading day [1]. - The highest securities lending balance is held by Haiguang Information at 0.20 billion yuan, followed by Cambrian and SMIC at 0.18 billion yuan and 0.17 billion yuan, respectively [2]. - A total of 91 stocks saw an increase in securities lending balance, while 173 stocks experienced a decrease [2]. - The largest increases in securities lending balance were seen in Meidisi (2712.57%), Aladdin (797.05%), and Liyuanheng (282.84%) [2]. - The most significant decreases were in Tianzhihang (-59.93%), Sifang Optoelectronics (-50.95%), and Yihuatong (-50.71%) [2].