两融业务火热，又有券商大幅“提额”

Core Viewpoint - Zhejiang Securities has increased its financing business scale from 40 billion to 50 billion yuan to promote credit business development and manage financing business scale effectively [2][6]. Group 1: Financing Business Expansion - The board of Zhejiang Securities approved the adjustment of the financing business scale limit to 50 billion yuan during its third meeting of the fourth board session [6]. - As of the end of the first half of 2025, Zhejiang Securities reported a financing margin balance of 23.785 billion yuan, a slight decrease of 0.048 billion yuan or 0.20% compared to the end of 2024, which is slightly below the market average [6][9]. - The market share of Zhejiang Securities' financing margin business has increased to 1.29% [6]. Group 2: Industry Trends - The total margin balance in the A-share market has exceeded 2.4 trillion yuan, with a significant increase in trading activity, as the total transaction volume reached 162.66 trillion yuan in the first half of 2025, a year-on-year growth of 61.14% [8][9]. - The margin trading market has expanded rapidly, with a balance of 1.8505 trillion yuan at the end of the first half of the year, reflecting a year-on-year growth of 24.95% [9]. - Several securities firms, including Huayin Securities and Industrial Securities, have also raised their credit business scale limits, indicating a strong focus on margin trading and credit business [7][9].