两融余额，重回两万亿！买了啥？

Core Viewpoint - The article highlights the significant increase in the margin trading balance of A-shares, reaching a record high of 20,002.59 billion yuan as of August 5, 2023, indicating strong market activity and investor confidence [1]. Industry Summary - The margin trading balance has increased by 1,356.76 billion yuan this year, with the financing balance contributing 1,321.66 billion yuan to this growth [1]. - Among the 31 industries categorized by Shenwan, the top three in margin trading balance are Electronics (2,290.97 billion yuan), Non-bank Financials (1,632.18 billion yuan), and Computers (1,542.73 billion yuan) [1][2]. - Other notable industries with margin trading balances exceeding 1,000 billion yuan include Pharmaceuticals, Electric Equipment, Machinery, and Automotive [1]. Individual Stock Summary - The top three stocks in margin trading balance are Dongfang Caifu (23.23 billion yuan), China Ping An (22.13 billion yuan), and Kweichow Moutai (17.38 billion yuan), with BYD, CITIC Securities, and Changjiang Electric also exceeding 10 billion yuan [4][6]. - The financing net purchases for the year are led by BYD (6.04 billion yuan), Shenghong Technology (4.72 billion yuan), and Xinyi Technology (4.50 billion yuan), with Jianghuai Automobile and Northern Rare Earth also showing significant net purchases [8][10].