Sou Hu Cai Jing·2025-08-13 07:30Core Insights - The financing activity on the STAR Market continues to rise, with investor participation increasing significantly. As of August 11, the margin balance reached 181.72 billion yuan, an increase of 850 million yuan from the previous trading day, marking 21 consecutive trading days of growth [1] Financing Balance Overview - The total financing balance on the STAR Market was 181.09 billion yuan, up by 826 million yuan compared to the previous day. The margin trading balance was 629 million yuan, which increased by 23.92 million yuan from the last trading day. Among the 301 STAR Market stocks, 301 saw an increase in financing balance, while 283 experienced a decline [3] Financing Balance Distribution - SMIC leads the financing balance on the STAR Market with a latest balance of 7.57 billion yuan, followed by Cambrian with 4.91 billion yuan and Haiguang Information with 4.495 billion yuan. These three stocks account for over 16.9 billion yuan of the total financing balance. In terms of growth rate, Kewell saw the most significant increase at 43.46%, followed by Jinghua Micro and Songjing Co., with increases of 26.35% and 26.04%, respectively. Conversely, stocks like Zhuoyi Information, Jingye Intelligent, and Lude Environment experienced declines exceeding 15% [4] Securities Lending Activity - The securities lending balance shows a varied distribution. SMIC also ranks first in this category with a balance of 24 million yuan, followed by Cambrian and Haiguang Information with balances of 21 million yuan and 17 million yuan, respectively. A total of 193 STAR Market stocks saw an increase in securities lending balance, while 84 stocks experienced a decrease. Diao Wei Micro had the highest growth rate in securities lending balance at 195.24%, with Shengmei Shanghai and Maixinlin also exceeding 150% growth at 162.26% and 152.43%, respectively. In contrast, stocks like Electric Wind Power and Aolaide saw significant declines, with a drop of 100% [5]