沪深北融资保证金比例调回100%，新规仅限新开合约

Core Viewpoint - The China Securities Regulatory Commission has approved an adjustment to the financing margin ratio, increasing the minimum margin requirement from 80% to 100% for new financing contracts, aimed at reducing overall market leverage and promoting long-term stability in the capital market [1][3]. Group 1 - The adjustment to the financing margin ratio is a response to the recent increase in financing activities and overall market liquidity [3]. - The new margin requirement applies only to newly opened financing contracts, while existing contracts will continue to operate under the previous 80% margin requirement [3]. - This policy change follows a previous adjustment in August 2023, when the margin ratio was lowered from 100% to 80%, which led to a steady increase in market financing scale and trading volume [3].