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 balance of the Sci-Tech Innovation Board reached 174.904 billion yuan on August 4, 2025, an increase of 1.254 billion yuan from the previous trading day, marking a continuous increase for 16 trading days [1] Summary by Category Margin Trading Overview - The financing balance amounted to 174.277 billion yuan, increasing by 1.244 billion yuan from the previous trading day [1] - The securities lending balance was 0.627 billion yuan, up by 9.6542 million yuan from the previous trading day [1] Recent Margin Balance Data - On August 1, 2025, the total margin balance was 173.650 billion yuan, with an increase of 0.399 billion yuan [1] - On July 31, 2025, the total margin balance was 173.251 billion yuan, reflecting an increase of 0.884 billion yuan [1] - The margin balance has shown consistent growth over the past weeks, with notable increases on July 29 (2.674 billion yuan) and July 28 (1.766 billion yuan) [1]

Core Insights - The total margin trading balance on the STAR Market reached 157.705 billion yuan as of June 30, 2025, marking an increase of 0.534 billion yuan from the previous trading day [1] Group 1: Margin Trading Overview - The financing balance amounted to 157.149 billion yuan, increasing by 0.513 billion yuan compared to the previous trading day [1] - The securities lending balance was 0.056 billion yuan, which is an increase of 21.736 million yuan from the previous trading day [1] - The margin trading balance has increased for six consecutive trading days [1] Group 2: Daily Margin Trading Data - On June 27, 2025, the total margin trading balance was 157.170 billion yuan, with a daily increase of 0.084 billion yuan [1] - On June 26, 2025, the total margin trading balance was 157.086 billion yuan, reflecting a daily increase of 1.256 billion yuan [1] - The margin trading balance on June 25, 2025, was 155.830 billion yuan, with an increase of 0.360 billion yuan from the previous day [1]

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]

（文章来源：证券时报网） | 日期 | 两融余额（亿元） | 较上一交易日增减（亿元） | 融资余额（亿元） | 融券余额（亿元） | | --- | --- | --- | --- | --- | | 2025.06.13 | 1545.05 | -7.33 | 1539.71 | 5.34 | | 2025.06.12 | 1552.38 | 2.30 | 1547.01 | 5.38 | | 2025.06.11 | 1550.09 | 3.23 | 1544.68 | 5.41 | | 2025.06.10 | 1546.86 | 12.35 | 1541.33 | 5.53 | | 2025.06.09 | 1534.52 | 3.38 | 1528.99 | 5.53 | | 2025.06.06 | 1531.14 | -1.01 | 1525.63 | 5.50 | | 2025.06.05 | 1532.14 | 7.88 | 1526.56 | 5.58 | | 2025.06.04 | 1524.26 | 6.00 | 1518.76 | 5.50 | | 2025.06.03 | 15 ...

Core Insights - The total margin balance of the STAR Market reached 151.83 billion yuan on June 3, 2025, showing an increase of 57.49 million yuan from the previous trading day [1] - The financing balance amounted to 151.27 billion yuan, with an increase of 47.26 million yuan, while the securities lending balance was 5.57 billion yuan, up by 10.23 million yuan [1] Recent Margin Trading Overview - On June 3, 2025, the total margin balance was 1518.26 billion yuan, reflecting a daily increase of 0.57 billion yuan [1] - The financing balance on the same date was 1512.69 billion yuan, which is an increase of 0.47 billion yuan compared to the previous day [1] - The securities lending balance was recorded at 5.57 billion yuan, marking an increase of 0.10 billion yuan from the prior trading day [1] - The margin balance fluctuated in the preceding days, with notable changes including a decrease of 0.74 billion yuan on May 30, 2025, and a decrease of 1.12 billion yuan on May 29, 2025 [1] - The highest recorded margin balance in the recent period was 1527.37 billion yuan on May 21, 2025, while the lowest was 1484.70 billion yuan on April 30, 2025 [1]

Core Insights - The total margin balance of the STAR Market on May 27, 2025, was 1520.28 billion yuan, a decrease of 66.25 million yuan from the previous trading day [1] - The financing balance was 1514.87 billion yuan, down by 63.20 million yuan, while the securities lending balance was 5.41 billion yuan, a decrease of 3.05 million yuan [1] Recent Margin Trading Overview - On May 26, 2025, the total margin balance was 1520.94 billion yuan, showing an increase of 82 million yuan from the previous day [1] - The margin balance fluctuated over the preceding days, with notable changes including a decrease of 4.30 billion yuan on May 23 and an increase of 10.10 billion yuan on May 9 [1] - The financing balance has shown a general downward trend recently, with the highest recorded at 1528.65 billion yuan on May 14, 2025 [1]

Summary of Key Points Core Viewpoint - The total margin balance of the STAR Market on May 13 was 152.67 billion yuan, showing a decrease of 28.17 million yuan from the previous trading day [1]. Recent Margin Trading Overview - The financing balance on May 13 was 152.14 billion yuan, down by 34.14 million yuan compared to the previous day [1]. - The securities lending balance increased to 536 million yuan, up by 5.97 million yuan from the previous trading day [1]. - The margin balance fluctuated over the past few days, with notable changes recorded on various dates, indicating a dynamic trading environment [1]. Historical Data - On May 12, the total margin balance was 152.70 billion yuan, reflecting an increase of 3.20 million yuan from May 11 [1]. - The highest recorded margin balance in the recent period was 1616.25 billion yuan on April 1, while the lowest was 1483.29 billion yuan on April 8 [1]. - The margin balance has shown both increases and decreases over the past weeks, with a notable drop of 72.22 million yuan on April 7 [1].

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].