Zhongji Innolight tops Shanghai and Shenzhen markets with over 2.1 billion yuan in margin buying
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On September 23, China's major stock indices declined, with the Shanghai Composite Index falling 0.39% to 3936.52 points, the Shenzhen Component Index dropping 0.64% to 13636.07 points, and the ChiNext Index losing 0.6% to 3379.61 points. The total margin trading balance on the Shanghai and Shenzhen stock exchanges stood at 2.6465 trillion yuan, a decrease of 1.316 billion yuan from the previous trading day. Among 3,525 stocks with margin buying activity, Zhongji Innolight (中际旭创) recorded the highest net buying amount at 2.104 billion yuan, followed by Hengtong Optic-Electric (亨通光电) at 1.242 billion yuan and GigaDevice (兆易创新) at 1.157 billion yuan. The report also includes a table of the top 10 stocks by net buying on the margin trading list and a separate table for the top 10 stocks by net buying on the Dragon and Tiger list (brokerage floor net buying).
Source report
1. Market Performance
According to data from the Southern Finance Terminal, on September 23 (hereinafter referred to as "yesterday"):
- Shanghai Composite Index fell 0.39%, closing at 3,936.52 points, with a daily high of 3,951.52 points.
- Shenzhen Component Index fell 0.64%, closing at 13,636.07 points, with a daily high of 13,742.55 points.
- ChiNext Index fell 0.6%, closing at 3,379.61 points, with a daily high of 3,412.53 points.
2. Margin Trading and Securities Lending
As of yesterday, the total balance of margin trading and securities lending on the Shanghai and Shenzhen stock exchanges stood at 2,646.505 billion yuan, comprising:
- Margin balance (financing): 2,616.811 billion yuan
- Securities lending balance (short selling): 29.694 billion yuan
The total balance decreased by 1.316 billion yuan compared to the previous trading day.
By market:
- Shanghai market: 1,359.569 billion yuan, down 163 million yuan from the previous day.
- Shenzhen market: 1,286.936 billion yuan, down 1.153 billion yuan from the previous day.
A total of 3,525 stocks saw margin buying activity. The top three stocks by margin purchase amount were:
| Rank | Stock | Purchase Amount (yuan) | |------|-------|------------------------| | 1 | Zhongji Innolight | 2.104 billion | | 2 | Hengtong Optic-Electric | 1.242 billion | | 3 | GigaDevice | 1.157 billion |
For details on the top 10 stocks by margin purchase amount, please refer to the table below.
3. Dragon and Tiger List
For details on the top 10 stocks by net purchase amount from brokerage seats on the Dragon and Tiger List yesterday, please refer to the table below.
Source
21世纪经济报道Eastern
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**Zhongji Innolight leads A-share margin buying on Sept 23 as total balance falls 1.3 billion yuan**