Core Viewpoint - The A-share market's margin trading balance has reached a historic high, surpassing 2.4 trillion yuan, indicating a strong upward trend in market activity [2][3]. Group 1: Margin Trading Balance - As of September 17, 2025, the total margin trading balance in the A-share market reached 24,054 billion yuan, marking a single-day increase of approximately 12.8 billion yuan and achieving nine consecutive days of growth [3]. - Since August 2025, the margin trading balance has rapidly increased, breaking through several key thresholds: 20 trillion yuan on August 5, 21 trillion yuan on August 18, 22 trillion yuan on August 26, 23 trillion yuan on September 8, and finally 24 trillion yuan on September 17 [5]. - The cumulative increase in margin trading balance this year has exceeded 500 billion yuan, with the majority of this growth occurring in the last two months: approximately 276.5 billion yuan in August and about 144.1 billion yuan in September [5]. Group 2: Market Proportions - Despite the continuous growth in margin trading balance, its proportion relative to the A-share market's circulating market value remains relatively stable, standing at 2.51% as of September 17, 2025, which is slightly above the recent average but still far from historical peaks [6]. - The margin trading balance's proportion of the A-share market's circulating market value previously exceeded 4% during the peak period from May to July 2015 [6]. - The proportion of margin trading volume to total A-share trading volume has also remained stable, recorded at 11.83% on September 17, 2025, comparable to recent averages, while it surpassed 20% during the peak in 2015 [8].
A股,再创新纪录
Zheng Quan Shi Bao·2025-09-18 03:34