Core Viewpoint - The China Securities Regulatory Commission has approved an adjustment to the financing margin ratio for the Shanghai and Shenzhen North Exchanges, increasing the minimum financing margin ratio from 80% to 100% for new financing contracts, aimed at reducing leverage and protecting investors' rights [1] Group 1 - The financing margin ratio was previously lowered from 100% to 80% in August 2023, which led to a steady increase in financing scale and trading volume [1] - Recent trends show a significant increase in financing transactions and relatively ample market liquidity, prompting the adjustment to return the margin ratio to 100% [1] - The adjustment applies only to new financing contracts, while existing contracts will continue to follow the previous regulations [1]