Core Viewpoint - The margin trading balance on the STAR Market decreased to 154.53 billion yuan on June 20, 2025, marking a reduction of 6.13 million yuan from the previous trading day, continuing a downward trend for three consecutive trading days [1] Recent Margin Trading Overview - On June 20, 2025, the total margin trading balance was 1545.29 billion yuan, down by 6.13 million yuan from June 19, 2025, which had a balance of 1551.42 billion yuan [1] - The financing balance on June 20, 2025, was 1540.40 billion yuan, a decrease of 6.09 million yuan from the previous day [1] - The securities lending balance on June 20, 2025, was 4.90 billion yuan, down by 420.41 thousand yuan from June 19, 2025 [1] - The margin trading balance has shown a consistent decline over the past three trading days, with the following balances recorded: - June 19: 1551.42 billion yuan, down 5.09 million yuan - June 18: 1556.51 billion yuan, down 2.21 million yuan - June 17: 1558.73 billion yuan, up 5.21 million yuan [1]

Summary of Key Points Core Viewpoint - The financing balance of the Sci-Tech Innovation Board has decreased by 5.05 billion yuan compared to the previous trading day, while the margin trading balance has also seen a reduction of 3.6448 million yuan, indicating a contraction in market activity [1]. Financing Balance - As of June 19, the total margin trading balance on the Sci-Tech Innovation Board is 155.142 billion yuan, down by 5.09 billion yuan from the previous trading day. The financing balance is 154.649 billion yuan, a decrease of 5.05 billion yuan, while the margin trading balance stands at 4.94 billion yuan, down by 364.48 million yuan [1]. - The stock with the highest financing balance is SMIC, with a latest financing balance of 7.271 billion yuan, followed by Cambrian and Haiguang Information with financing balances of 4.282 billion yuan and 3.697 billion yuan, respectively [1]. - A total of 253 stocks have seen an increase in financing balance, while 331 stocks have experienced a decrease. The stocks with the largest increases in financing balance are Ying Shi Innovation, Li Gong Navigation, and Qingyue Technology, with increases of 37.05%, 25.27%, and 21.82%, respectively. Conversely, the largest decreases are seen in Haizheng Materials, Huazhu High-Tech, and Zhongrun Optics, with declines of 20.33%, 15.60%, and 14.81% [1]. Margin Trading Balance - The stock with the highest margin trading balance is Haiguang Information, with a latest balance of 0.17 billion yuan, followed by SMIC and Cambrian with balances of 0.15 billion yuan and 0.14 billion yuan, respectively [2]. - A total of 107 stocks have seen an increase in margin trading balance, while 161 stocks have decreased. The stocks with the largest increases in margin trading balance are Koweier, Oriental Bio, and Aifute, with increases of 144.49%, 79.66%, and 57.22%, respectively. The largest decreases are in Sainuo Medical, Hangya Technology, and Jingyi Equipment, with declines of 100.00%, 100.00%, and 66.41% [2].

Core Points - The total margin financing balance of the Sci-Tech Innovation Board decreased by 7.30 billion yuan compared to the previous trading day, while the margin short selling balance decreased by 3.50 million yuan [1] - As of June 13, the total margin balance reached 154.51 billion yuan, with financing balance at 153.97 billion yuan and short selling balance at 0.0534 billion yuan [1] - A total of 245 stocks saw an increase in financing balance, while 80 stocks experienced an increase in short selling balance [1] Financing Balance Summary - The stock with the highest financing balance is SMIC, with a balance of 7.28 billion yuan, followed by Cambrian and Haiguang Information with balances of 4.18 billion yuan and 3.65 billion yuan respectively [1] - Significant increases in financing balance were observed in Jin Chengzi, Hai Zheng Sheng Cai, and Jing Pin Te Zhuang, with increases of 60.15%, 55.61%, and 27.58% respectively [1] - The stocks with the largest decreases in financing balance included Jingjin Electric, Kejie Intelligent, and Bei Qingsong, with decreases of 21.80%, 21.32%, and 15.39% respectively [1] Short Selling Balance Summary - The stock with the highest short selling balance is Haiguang Information at 0.16 billion yuan, followed by Cambrian and SMIC, both at 0.15 billion yuan [2] - A total of 80 stocks saw an increase in short selling balance, while 183 stocks experienced a decrease [2] - The largest increases in short selling balance were seen in Anheng Information, Tianzhihang, and Foxit Software, with increases of 347.79%, 126.65%, and 102.29% respectively [2] - The stocks with the largest decreases in short selling balance included Aolaide, KQ Biology, and Jiayuan Technology, with decreases of 100.00%, 85.69%, and 42.72% respectively [2]

Core Insights - The total margin financing balance on the STAR Market decreased by 66.25 million yuan compared to the previous trading day, with a total balance of 152.028 billion yuan as of May 27 [1][2] Financing Balance Summary - The highest financing balance on the STAR Market is held by SMIC, with a latest balance of 7.317 billion yuan, followed by Cambrian and Haiguang Information with balances of 4.348 billion yuan and 3.240 billion yuan respectively [1] - A total of 280 stocks saw an increase in financing balance, while 303 stocks experienced a decrease [1] - The stocks with the largest increase in financing balance include Aikasebo (52.57%), Kejie Intelligent (38.44%), and Wandesi (17.02%), while the largest decreases were seen in Jingpin Special Equipment (-23.58%), Weide Information (-18.44%), and Liyang Chip (-18.08%) [1] Securities Lending Balance Summary - The highest securities lending balance is also held by SMIC, with a latest balance of 2.5 million yuan, followed by Haiguang Information and Cambrian with balances of 1.9 million yuan and 1.6 million yuan respectively [2] - A total of 123 stocks saw an increase in securities lending balance, while 142 stocks experienced a decrease [2] - The stocks with the largest increase in securities lending balance include Yaokang Biological (424.49%), Lianying Laser (407.58%), and Nami Technology (49.43%), while the largest decreases were seen in Haiyou New Materials (-71.28%), Fangbang Co. (-66.42%), and Zhenhua New Materials (-43.34%) [2]

Core Points - The total margin financing balance on the STAR Market increased by 808.12 million yuan compared to the previous trading day, with a total balance of 152.09 billion yuan as of May 26 [1][2] - The highest margin financing balance is held by SMIC at 7.345 billion yuan, followed by Cambrian and Haiguang Information with balances of 4.445 billion yuan and 3.253 billion yuan respectively [1][2] - A total of 313 stocks saw an increase in margin financing balance, while 270 stocks experienced a decrease [1][2] Margin Financing Summary - The total margin financing balance reached 151.55 billion yuan, with an increase of 808.12 million yuan from the previous day [1] - The stocks with the largest increases in margin financing balance include: - Kejie Intelligent: 50.59% increase to 343.02 million yuan - Yunzhu Technology: 29.34% increase to 780.33 million yuan - Kexing Pharmaceutical: 15.62% increase to 791.91 million yuan [2][3] Margin Short Selling Summary - The total margin short selling balance reached 54.4 million yuan, with an increase of 1.6037 million yuan from the previous day [1] - The stocks with the highest margin short selling balances are: - Haiguang Information: 1.9 million yuan - SMIC and Cambrian: both at 1.8 million yuan [2] - A total of 146 stocks saw an increase in margin short selling balance, while 119 stocks experienced a decrease [2]

Summary of Key Points Core Viewpoint - The financing balance of the Sci-Tech Innovation Board (STAR Market) has decreased, indicating a potential shift in investor sentiment and market dynamics [1]. Financing Balance - As of May 23, the total margin financing balance on the STAR Market is 1520.11 billion yuan, a decrease of 4.30 billion yuan from the previous trading day [1]. - The highest financing balance is held by SMIC at 73.74 billion yuan, followed by Cambrian and Haiguang Information with balances of 44.94 billion yuan and 32.70 billion yuan, respectively [1]. - A total of 237 stocks saw an increase in financing balance, while 346 stocks experienced a decrease [1]. - Notable increases in financing balance include Sangfor Technologies (49.76%), Hengxuan Technology (22.29%), and Zhixiang Jintai (14.98%) [1][2]. - Significant decreases were observed in Maide Medical (-14.67%), Kejie Intelligent (-12.68%), and Zhongyou Technology (-12.22%) [1]. Securities Lending Balance - The total securities lending balance on the STAR Market is 5.42 billion yuan, down by 366.74 million yuan from the previous trading day [1]. - The highest securities lending balance is held by Haiguang Information at 0.20 billion yuan, followed by Cambrian and SMIC at 0.18 billion yuan and 0.17 billion yuan, respectively [2]. - A total of 91 stocks saw an increase in securities lending balance, while 173 stocks experienced a decrease [2]. - The largest increases in securities lending balance were seen in Meidisi (2712.57%), Aladdin (797.05%), and Liyuanheng (282.84%) [2]. - The most significant decreases were in Tianzhihang (-59.93%), Sifang Optoelectronics (-50.95%), and Yihuatong (-50.71%) [2].

Summary of Key Points Core Viewpoint - The financing balance of the Sci-Tech Innovation Board (STAR Market) has increased, indicating a growing interest in investments within this sector, with notable changes in both financing and securities lending balances [1][2]. Financing Balance - As of May 21, the total financing balance on the STAR Market reached 1527.37 billion yuan, an increase of 2.87 billion yuan from the previous trading day, marking three consecutive days of growth [1]. - The highest financing balance is held by SMIC (中芯国际) at 75.19 billion yuan, followed by Cambrian (寒武纪) and Haiguang Information (海光信息) with balances of 48.34 billion yuan and 32.99 billion yuan, respectively [1]. - A total of 343 stocks saw an increase in financing balance, while 240 stocks experienced a decrease. The stocks with the largest increases in financing balance were Jingwei Hengrun (经纬恒润), Kexing Pharmaceutical (科兴制药), and Guangge Technology (光格科技), with increases of 20.46%, 20.08%, and 19.38% respectively [1][2]. Securities Lending Balance - The total securities lending balance on the STAR Market reached 5.47 billion yuan, with an increase of 891.53 million yuan from the previous trading day [1]. - The highest securities lending balance is held by Haiguang Information at 0.20 billion yuan, followed by SMIC and Cambrian, both at 0.18 billion yuan [2]. - A total of 123 stocks saw an increase in securities lending balance, while 137 stocks experienced a decrease. The stocks with the largest increases in securities lending balance were Ruikeda (瑞可达), Maixinlin (迈信林), and Xidiwei (希荻微), with increases of 313.91%, 273.38%, and 224.07% respectively [2].

Core Insights - The total margin financing balance on the STAR Market increased by 403.81 million yuan compared to the previous trading day, with a total balance of 152.09 billion yuan as of May 19 [1][2] - The highest margin financing balance is held by SMIC at 7.528 billion yuan, followed by Cambrian and Haiguang Information with balances of 5.059 billion yuan and 3.331 billion yuan respectively [1][2] - A total of 310 stocks saw an increase in margin financing balance, while 273 stocks experienced a decrease [1] Margin Financing Summary - The total margin financing balance on the STAR Market reached 151.55 billion yuan, with an increase of 403.81 million yuan from the previous day [1] - The stocks with the largest increases in margin financing balance include Bohui Technology (59.26%), Sanlife Guojian (32.93%), and Maide Medical (22.88%) [1][2] - The stocks with the largest decreases in margin financing balance include Jingpin Special Equipment (-20.31%), Xingtuxinke (-14.87%), and Weidian Physiological (-12.91%) [1] Margin Short Selling Summary - The highest margin short selling balance is held by Haiguang Information at 21 million yuan, followed by Cambrian and SMIC with balances of 19 million yuan and 17 million yuan respectively [2] - A total of 150 stocks saw an increase in margin short selling balance, while 115 stocks experienced a decrease [2] - The stocks with the largest increases in margin short selling balance include Electric Wind Power (264.23%), Xidi Micro (185.14%), and Minxin Shares (94.16%) [2] - The stocks with the largest decreases in margin short selling balance include Baijin Medical (-100.00%), Liyuanheng (-97.23%), and Shengyi Electronics (-60.57%) [2]

Core Insights - The financing balance of the STAR Market increased by 1.03 billion yuan compared to the previous trading day, while the margin trading balance decreased by 21.71 million yuan [1][2] - As of May 9, the total margin trading balance of the STAR Market reached 152.67 billion yuan, marking a continuous increase for four consecutive trading days [1] - The stock with the highest financing balance is SMIC, with a latest financing balance of 7.595 billion yuan [1] Financing Balance Summary - The total financing balance is 152.14 billion yuan, with an increase of 1.03 billion yuan from the previous trading day [1] - 296 stocks saw an increase in financing balance, while 286 stocks experienced a decrease [1] - Notable increases in financing balance include Guobo Electronics (50.22%), Aerospace South Lake (49.91%), and Kunheng Shunwei (32.51%) [1][2] Margin Trading Balance Summary - The highest margin trading balance is held by Cambrian, with a latest balance of 21 million yuan [2] - 68 stocks saw an increase in margin trading balance, while 187 stocks experienced a decrease [2] - Significant increases in margin trading balance include Koweil (393.89%), Weigao Orthopedics (386.32%), and Sanyou Medical (72.71%) [2]

Summary of Key Points Core Viewpoint - The total margin trading balance on the STAR Market decreased to 149.40 billion yuan on April 28, 2025, marking a reduction of 52.34 million yuan from the previous trading day, continuing a downward trend for three consecutive trading days [1]. Recent Margin Trading Overview - The financing balance reached 148.88 billion yuan, down by 50.62 million yuan from the previous day [1]. - The securities lending balance was recorded at 5.22 billion yuan, a decrease of 1.73 million yuan from the previous trading day [1]. Daily Margin Trading Data - On April 25, 2025, the total margin trading balance was 149.45 billion yuan, reflecting a decrease of 61.10 million yuan [1]. - On April 24, 2025, the total margin trading balance was 150.07 billion yuan, down by 6.00 million yuan [1]. - The highest recorded total margin trading balance in the recent period was 1615.56 billion yuan on March 28, 2025 [1].