Two, one of the following illegal acts:
1. In a single financing transaction, when the contract expires, the financing amount and financing interest are not fully repaid on time:
2. In a single securities lending transaction, if the securities (including equity securities) are not returned in full and on time at the expiration of the contract, the compensation for securities lending rights and securities lending fees:
3. If the securities sold by short selling are terminated from listing, tender offer or merger, the debts are not paid off within five trading days before the termination trading day (or the closing date of filing) announced by the listed company of the securities.
4. When the contract is terminated, there are still outstanding debts:
5. Violate the relevant statements and warranties in this contract;
6. There are other acts that violate laws and regulations or this contract.
Three, one of the following anomalies:
1, accounts, assets or beneficial rights are seized, frozen, deducted and other judicial or administrative compulsory measures by the competent authorities;
2. Being sued, applying for storage or filing an investigation, involving a large amount of economic disputes or economic legal liabilities, which may seriously affect its solvency;
3. Other circumstances that may seriously affect the solvency.
Extended Information 20 10 0 18 the State Council agreed in principle to set up a pilot margin financing and securities lending business, which marked that the margin financing and securities lending business entered a substantive start-up stage.
2010 March 19, the CSRC announced the first batch of six pilot brokers for margin financing and securities lending.
On March 30th, 20 10, the Shanghai Stock Exchange and Shenzhen Stock Exchange officially issued a notice to six pilot brokers, and accepted the margin trading declarations of brokers from March 30th, 20 10. Margin trading officially entered the market operation stage.
China Securities Regulatory Commission-Brief Introduction to Margin Trading
Baidu encyclopedia-margin trading