In the stock market, if the balance of securities lending in the investment account of individual investors is 0, it means that investors are not qualified for margin financing and securities lending. And if the stock shows that the financing balance refers to the difference between investors' daily short selling and buying bonds. Therefore, the stock shows that the financing balance is 0, indicating that there are no market investors in the stock to conduct securities lending transactions.

Under normal circumstances, an increase in the balance of securities lending of a stock or a large amount means that the investment position of the short stock in the market increases or the amount of funds for shorting the stock is large. On the other hand, if the stock short-selling balance is reduced or the amount is small, it means that the investment position shorting the stock in the market is reduced or the amount of funds shorting the stock is small.

However, if the margin balance in the investor's investment account is 0, investors need to open the margin trading authority to conduct margin trading. Investors need to engage in securities trading for more than half a year before they can open the trading authority of margin financing and securities lending; The average daily securities assets of investors in the last 20 trading days are not less than 500,000 (including 500,000), including cash, stocks, bonds, funds and asset management plans of securities companies in investors' personal accounts. And the investor's risk assessment is positive or enterprising within two years. Moreover, investors have good credit records and legal qualifications as securities investors. There are no laws, regulations, rules, Shanghai Stock Exchange and Shenzhen Stock Exchange prohibiting or restricting its investment in the securities market.