China Margin Financing Balance Reaches RMB2.61 Trillion as of September 16, 2026
China's total margin financing balance reached RMB2.61 trillion as of September 16, 2026, up RMB9.252 billion from the previous trading day. CATL led net buying at RMB667 million, followed by China Jushi at RMB459 million and Fenghua Advanced Technology at RMB294 million. Electronics, telecommunications and machinery sectors saw the most concentrated net buying, with 28 stocks exceeding RMB100 million each.
As of September 16, the market's total margin financing balance stood at RMB2.61 trillion, an increase of RMB9.252 billion from the previous trading day. The Shanghai market's margin financing balance was RMB1,333.197 billion, up RMB4.756 billion from the previous trading day; the Shenzhen market's balance was RMB1,265.993 billion, up RMB4.424 billion; and the Beijing Stock Exchange's balance was RMB8.349 billion, up RMB72.2549 million.
On September 16, a total of 1,846 stocks recorded net margin buying, with 379 stocks seeing net buying of more than RMB10 million, of which 28 exceeded RMB100 million. CATL recorded the largest net margin buying at RMB667 million for the day; China Jushi and Fenghua Advanced Technology saw net margin buying of RMB459 million and RMB294 million, respectively; Eoptolink, Sinocera Materials and Changchuan Technology also ranked among the top. By industry, among stocks with net margin buying exceeding RMB100 million, electronics, telecommunications and machinery were the most concentrated, with 12, 3 and 2 stocks, respectively. By board, among stocks with net buying exceeding RMB100 million, 17 were on the main board, 7 on the ChiNext board and 4 on the STAR Market. Among stocks with net buying exceeding RMB100 million, the arithmetic average of the latest margin financing balance as a proportion of free-float market capitalization was 4.49%. The highest proportion was Victory Giant Technology, with a latest margin financing balance of RMB16.378 billion, accounting for 8.22% of its free-float market capitalization; Ke Xiang, Yunnan Germanium and HGTECH accounted for 8.18%, 7.54% and 7.08%, respectively.
By industry, 14 primary industries under the Shenwan classification saw an increase in margin financing balance. Electronics recorded the largest increase, up RMB4.427 billion from the previous day; power equipment, building materials and machinery increased by RMB1.128 billion, RMB739 million and RMB631 million, respectively. Seventeen industries saw a decline in margin financing balance, with banking, pharmaceuticals and biotechnology, and telecommunications falling the most, by RMB439 million, RMB371 million and RMB248 million, respectively. In percentage terms, building materials recorded the largest increase, with a latest margin financing balance of RMB19.357 billion, up 3.97% from the previous period; electronics, agriculture, forestry, animal husbandry and fishery, and power equipment rose 0.88%, 0.69% and 0.54%, respectively. Industries with the largest percentage declines included textiles and apparel, banking and steel, with latest margin financing balances of RMB6.416 billion, RMB67.536 billion and RMB16.310 billion, down 0.9%, 0.65% and 0.41%, respectively.