财联社·2025-10-09 07:25Group 1 - The core issue is the adjustment of the margin trading collateral rates for Semiconductor Manufacturing International Corporation (SMIC) and BAWI Storage, both of which have seen their rates drop to 0.00 due to their static price-to-earnings ratios exceeding 300 [1] - The static price-to-earnings ratio for both stocks has been confirmed to be over 300, triggering the adjustment in their financing and securities lending collateral rates [1] - This adjustment is in accordance with exchange regulations that have been in place since 2016, aimed at enhancing risk control and ensuring the stable operation of margin trading [2] Group 2 - The regulations regarding margin trading collateral rates are designed to mitigate risks associated with high valuations, ensuring that financing and securities lending activities remain stable [2]