一图看懂 | 历次融资保证金调整后A股怎么走

Group 1 - The core viewpoint of the article is that the recent adjustment of the financing margin ratio from 80% to 100% is seen as a "regulating valve" rather than a "steering wheel" for the market, indicating limited short-term impact but long-term benefits for the stability of the capital market [3] - Historical data shows that previous adjustments to the financing margin ratio have had limited short-term effects on the market, with specific examples from November 2015 and September 2023 demonstrating minimal fluctuations in the CSI 300 index following similar changes [3] - The adjustment adheres to the "new and old separation" principle, meaning existing and extended contracts are unaffected, aiming to smooth market volatility and promote a rational investment atmosphere while preventing excessive speculation [3]