Core Insights - The financing activity on the STAR Market continues to rise, with investor participation increasing significantly. As of August 11, the margin balance reached 181.72 billion yuan, an increase of 850 million yuan from the previous trading day, marking 21 consecutive trading days of growth [1] Financing Balance Overview - The total financing balance on the STAR Market was 181.09 billion yuan, up by 826 million yuan compared to the previous day. The margin trading balance was 629 million yuan, which increased by 23.92 million yuan from the last trading day. Among the 301 STAR Market stocks, 301 saw an increase in financing balance, while 283 experienced a decline [3] Financing Balance Distribution - SMIC leads the financing balance on the STAR Market with a latest balance of 7.57 billion yuan, followed by Cambrian with 4.91 billion yuan and Haiguang Information with 4.495 billion yuan. These three stocks account for over 16.9 billion yuan of the total financing balance. In terms of growth rate, Kewell saw the most significant increase at 43.46%, followed by Jinghua Micro and Songjing Co., with increases of 26.35% and 26.04%, respectively. Conversely, stocks like Zhuoyi Information, Jingye Intelligent, and Lude Environment experienced declines exceeding 15% [4] Securities Lending Activity - The securities lending balance shows a varied distribution. SMIC also ranks first in this category with a balance of 24 million yuan, followed by Cambrian and Haiguang Information with balances of 21 million yuan and 17 million yuan, respectively. A total of 193 STAR Market stocks saw an increase in securities lending balance, while 84 stocks experienced a decrease. Diao Wei Micro had the highest growth rate in securities lending balance at 195.24%, with Shengmei Shanghai and Maixinlin also exceeding 150% growth at 162.26% and 152.43%, respectively. In contrast, stocks like Electric Wind Power and Aolaide saw significant declines, with a drop of 100% [5]

Core Insights - The financing balance of the STAR Market increased by 3.21 billion yuan, while the margin trading balance rose by 19.26 million yuan, indicating a growing interest in margin trading [1][2] - As of August 12, the total margin trading balance reached 184.95 billion yuan, marking a continuous increase for 22 trading days [1] - The highest financing balance was recorded for SMIC at 7.85 billion yuan, followed by Cambrian and Haiguang Information with 5.95 billion yuan and 4.38 billion yuan respectively [1] Financing Balance Summary - The total financing balance on the STAR Market is 184.30 billion yuan, with a daily increase of 3.21 billion yuan [1] - A total of 340 stocks saw an increase in financing balance, while 244 stocks experienced a decrease [1] - Notable increases in financing balance were observed in Shanghai Hojin (48.48%), Kewell (45.73%), and Aikasebo (27.97%) [2] Margin Trading Summary - The highest margin trading balance was for Cambrian at 3.1 million yuan, followed by SMIC and Haiguang Information with 2.9 million yuan and 1.9 million yuan respectively [2] - A total of 119 stocks saw an increase in margin trading balance, while 155 stocks experienced a decrease [2] - Significant increases in margin trading balance were noted for Shanghai Hojin (124.31%), Sifang Optoelectronics (113.02%), and Fengcai Technology (94.63%) [2]

Summary of Key Points Core Viewpoint - The margin trading balance on the STAR Market reached 181.72 billion yuan on August 11, 2025, marking an increase of 850 million yuan from the previous trading day, continuing a streak of 21 consecutive trading days of growth [1]. Recent Margin Trading Overview - The total margin trading balance on August 11, 2025, was 1817.23 billion yuan, with a daily increase of 8.50 billion yuan [1]. - The financing balance was 1810.94 billion yuan, up by 8.26 billion yuan from the previous day [1]. - The securities lending balance was 6.29 billion yuan, which increased by 23.92 million yuan compared to the previous trading day [1]. Historical Data of Margin Trading - The margin trading balance has shown consistent growth over the past weeks, with notable increases on various dates: - August 8, 2025: 1808.74 billion yuan, up by 4.63 billion yuan [1]. - August 7, 2025: 1804.11 billion yuan, up by 22.04 billion yuan [1]. - August 6, 2025: 1782.07 billion yuan, up by 19.66 billion yuan [1]. - August 1, 2025: 1736.50 billion yuan, up by 3.99 billion yuan [1]. - The trend indicates a steady rise in both financing and securities lending balances over the observed period [1].

Core Insights - The total margin financing balance on the STAR Market increased by 826 million yuan, while the margin short selling balance rose by 23.92 million yuan, indicating a positive trend in investor sentiment [1][2] Financing Balance Summary - As of August 11, the total margin financing balance reached 181.72 billion yuan, marking a continuous increase for 21 trading days [1] - The highest margin financing balance was held by SMIC at 7.57 billion yuan, followed by Cambrian and Haiguang Information with 4.91 billion yuan and 4.50 billion yuan respectively [1] - A total of 301 stocks saw an increase in margin financing balance, while 283 stocks experienced a decrease [1] - Notable increases in margin financing balance were observed in Kewell, Jinghua Micro, and Songji shares, with increases of 43.46%, 26.35%, and 26.04% respectively [1] Short Selling Balance Summary - The highest margin short selling balance was also held by SMIC at 24 million yuan, followed by Cambrian and Haiguang Information with 21 million yuan and 17 million yuan respectively [2] - A total of 193 stocks experienced an increase in margin short selling balance, while 84 stocks saw a decrease [2] - Significant increases in margin short selling balance were noted for Diao Weiwei, Shengmei Shanghai, and Maixin Lin, with increases of 195.24%, 162.26%, and 152.43% respectively [2]

Core Insights - The financing balance of the Sci-Tech Innovation Board increased by 479 million yuan compared to the previous trading day, while the margin trading balance decreased by 16.67 million yuan [1] - As of August 8, the total margin trading balance on the Sci-Tech Innovation Board reached 180.87 billion yuan, marking a continuous increase for 20 trading days [1] - The stock with the highest financing balance is SMIC, with a latest financing balance of 7.577 billion yuan [1] Financing Balance Summary - The total financing balance on the Sci-Tech Innovation Board is 180.27 billion yuan, with a daily increase of 479 million yuan [1] - 284 stocks saw an increase in financing balance, while 300 stocks experienced a decrease [1] - Notable increases in financing balance include Kangtuo Medical (29.39%), Gongda High-Tech (25.38%), and Aerospace Universe (20.30%) [1] Margin Trading Balance Summary - The stock with the highest margin trading balance is Cambricon Technologies, with a latest balance of 20 million yuan [2] - 96 stocks saw an increase in margin trading balance, while 179 stocks experienced a decrease [2] - Significant increases in margin trading balance include Ruikeda (444.09%), KQ Bio (137.60%), and Youkede (56.17%) [2]

Core Insights - The total margin financing balance on the STAR Market increased by 2.205 billion yuan, marking a continuous increase for 19 trading days [1] - The total margin financing balance reached 180.411 billion yuan as of August 7, with a financing balance of 179.789 billion yuan and a securities lending balance of 0.622 billion yuan [1] Financing Balance Summary - The stock with the highest financing balance is SMIC, with a latest balance of 7.644 billion yuan, followed by Cambrian and Haiguang Information with balances of 5.169 billion yuan and 4.345 billion yuan respectively [1] - A total of 333 stocks saw an increase in financing balance, while 251 stocks experienced a decrease [1] - Notable increases in financing balance include Xingtun New Science (up 27.09%), Kewell (up 24.75%), and Xiangyu Medical (up 21.52%) [1] - Significant decreases were observed in Delong Laser (down 23.12%), Yuandong Biology (down 19.53%), and Jingjin Electric (down 11.07%) [1] Securities Lending Balance Summary - The stock with the highest securities lending balance is Cambrian, with a latest balance of 0.022 billion yuan, followed by Haiguang Information and Chip Original with balances of 0.021 billion yuan and 0.017 billion yuan respectively [2] - A total of 120 stocks saw an increase in securities lending balance, while 156 stocks experienced a decrease [2] - Notable increases in securities lending balance include Fudan Zhangjiang (up 703.02%), Haohai Biological (up 230.69%), and Guangfeng Technology (up 170.77%) [2] - Significant decreases were observed in Aidi Pharmaceutical and Fangyuan Co., both down 100%, and Youkede (down 70.15%) [2]

Core Insights - The total margin financing balance on the STAR Market increased by 1.966 billion yuan, reaching 178.207 billion yuan as of August 6, marking an increase for 18 consecutive trading days [1][2] - The margin financing balance for individual stocks showed significant increases, with 360 stocks experiencing growth, while 224 stocks saw declines [1] - The highest margin financing balance was held by SMIC at 7.530 billion yuan, followed by Cambrian and Haiguang Information with 4.637 billion yuan and 4.263 billion yuan respectively [1] Financing Balance Summary - The top three stocks with the largest increase in financing balance were: - LIGONG Navigation: 65.40% increase to 260.608 million yuan [2] - Yuchen Intelligent: 37.01% increase to 347.375 million yuan [2] - Kesi Technology: 23.74% increase to 3.247 billion yuan [2] - The stocks with the largest decrease in financing balance included: - Nanxin Pharmaceutical: 24.87% decrease [1] - Liyuan Technology: 22.71% decrease [1] - Shanshi Network Technology: 14.68% decrease [1] Securities Lending Balance Summary - The highest securities lending balance was held by Cambrian at 23 million yuan, followed by Haiguang Information and Chip Origin with 21 million yuan and 18 million yuan respectively [2] - A total of 181 stocks saw an increase in securities lending balance, while 96 stocks experienced a decrease [2] - The stocks with the largest increase in securities lending balance were: - Weidao Nano: 155.80% increase [2] - Nami Technology: 131.99% increase [2] - Tianzhihang: 116.15% increase [2] - The stocks with the largest decrease in securities lending balance included: - Bayi Space: 100.00% decrease [2] - Fudan Zhangjiang: 86.32% decrease [2] - Ruikeda: 84.95% decrease [2]

Core Insights - The financing balance of the Sci-Tech Innovation Board increased by 1.348 billion yuan compared to the previous trading day, while the margin trading balance decreased by 11.299 million yuan [1] - As of August 5, the total margin trading balance on the Sci-Tech Innovation Board reached 176.241 billion yuan, marking a continuous increase for 17 trading days [1] - The stock with the highest financing balance is SMIC, with a latest financing balance of 7.443 billion yuan [1] Financing Balance Summary - The total financing balance on the Sci-Tech Innovation Board is 175.625 billion yuan, with an increase of 1.348 billion yuan from the previous trading day [1] - 307 stocks saw an increase in financing balance, while 277 stocks experienced a decrease [1] - Notable increases in financing balance include: - Xingtou New Science: +32.46% - Haizheng Materials: +29.47% - Zhuhai Guanyu: +20.63% [1] Margin Trading Balance Summary - The stock with the highest margin trading balance is Haiguang Information, with a latest balance of 24 million yuan [2] - 149 stocks saw an increase in margin trading balance, while 124 stocks experienced a decrease [2] - Significant increases in margin trading balance include: - New Xiangwei: +1741.97% - Shuoshi Biology: +503.58% - Weigao Orthopedics: +280.73% [2]

| 688658 | 悦康 | 20422.41 | 20.16 | 131.54 | 3.44 | 2.96 | | --- | --- | --- | --- | --- | --- | --- | | | 药业 | | | | | | | | 成都 | | | | | | | 688222 | | 39440.78 | 20.02 | 11.02 | 22.12 | 6.38 | | | 先导 | | | | | | | 688379 | 华光 | 10638.86 | 19.31 | 0.00 | | -4.79 | | | 新材 | | | | | | | 688319 | 欧林 | 22604.76 | 18.38 | 0.00 | | 4.49 | | | 生物 | | | | | | | 688552 | 航天 | 24220.26 | 18.32 | 0.00 | | -0.79 | | | 南湖 | | | | | | | | 德龙 | | | | | | | 688170 | 激光 | 8805.98 | 18.14 | 0.00 | | 2.01 | | | 影石 | | | | | ...

Summary of Key Points Core Viewpoint - The financing balance of the Sci-Tech Innovation Board has increased by 6.47 billion yuan compared to the previous trading day, while the margin trading balance has decreased by 10.81 million yuan, indicating a mixed trend in trading activities on the board [1]. Financing Balance - As of July 9, the total margin trading balance on the Sci-Tech Innovation Board reached 1600.22 billion yuan, an increase of 6.36 billion yuan from the previous trading day, marking three consecutive days of increase [1]. - The highest financing balance is held by SMIC at 7.146 billion yuan, followed by Cambrian and Haiguang Information with financing balances of 4.217 billion yuan and 3.573 billion yuan, respectively [1]. - A total of 330 stocks saw an increase in financing balance, while 255 stocks experienced a decrease. Notable increases were seen in Jinko Environment (23.73%), C Yitang (20.48%), and Kaipu Cloud (15.69%). Conversely, significant decreases were noted in Aopumai (-19.15%), Huasheng Lithium Battery (-15.56%), and Youfang Technology (-12.44%) [1]. Margin Trading Balance - The highest margin trading balance is also held by SMIC at 21 million yuan, followed by Chipone and Haiguang Information, each with a margin balance of 15 million yuan [2]. - Among the 106 stocks with increased margin trading balances, notable increases were recorded for Tianyi New Materials (3109.74%), Huarui Precision (346.43%), and Ruikeda (118.84%). In contrast, significant decreases were observed in KQ Bio (-90.92%), Junpu Intelligent (-70.36%), and Aotwei (-59.02%) [2].