Current location - Trademark Inquiry Complete Network - Tian Tian Fund - The financing monitoring index reached 25%. What does it mean to stop financing buying?
The financing monitoring index reached 25%. What does it mean to stop financing buying?
With the approval of China Securities Regulatory Commission, Shanghai Stock Exchange revised Articles 49 and 50 of the Detailed Rules for the Implementation of Margin Trading in order to further clarify and improve the regulatory standards for margin trading.

Article 49 of the Implementation Rules is amended as: When the monitoring index of single stock financing reaches 25%, the Shanghai Stock Exchange may suspend its financing purchase on the next trading day and make an announcement to the market. When the stock's financing monitoring index falls below 20%, the Shanghai Stock Exchange can resume its financing purchase on the next trading day and announce it to the market.

According to the revised implementation rules, when the financing monitoring index of a single exchange-traded fund reaches 75%, the Shanghai Stock Exchange can suspend its financing purchase on the next trading day and announce it to the market. When the financing monitoring index of exchange-traded funds falls below 70%, the Shanghai Stock Exchange can resume its financing purchase on the next trading day and announce it to the market.

The above financing monitoring indicators are the proportion of the smaller of "financing balance of the underlying securities declared by members" and "market value of the underlying securities held by credit accounts" to the market value of the underlying securities.

Article 50 of the Implementing Rules is amended as: When the margin of a single stock reaches 25% of the listed shares in circulation, the Shanghai Stock Exchange may suspend its short selling on the next trading day and make an announcement to the market. When the margin of the stock falls below 20%, the Shanghai Stock Exchange can resume short selling on the next trading day and announce it to the market.

When the margin of a single exchange-traded fund reaches 75% of its listed liquidity, the Shanghai Stock Exchange can suspend its short-selling trading on the next trading day and announce it to the market. When the margin of the trading fund of this exchange falls below 70%, the Shanghai Stock Exchange can resume short selling on the next trading day and announce it to the market.