Abstract: We analyzed A-share margin trading positions for stocks with market cap of at least USD 500m as of Sep 24th, with the aggregated net margin trading position at USD 352,843m, down marginally from USD 352,965m a week prior. The aggregate net margin position decreased 0.0% while the CSI 300 index fell 1.5%, with 1,456 stocks seeing margin loan increases versus 1,522 seeing decreases. Among top increases, CATL led with a net position gain of USD 383m, followed by ZHONGJI INNOLIGHT (USD 202m) and PING AN INSURANCE (USD 174m). On the sell side, MONTAGE saw the largest decrease at USD 226m, followed by BOE (down USD 149m) and FUJIAN STAR-NET COMMUNICATION (down USD 73m, or 34.0% of its position). CHINA MINSHENG BANKING stands out with a net margin position of 12.3x ADT, among the highest leverage ratios in the universe.
CHINA MINSHENG BANKING, JIANGSU HENGRUI MEDICINE, FUJIAN STAR-NET COMMUNICATION, CATL, BOE
Interested in the full report? Get in touch with our team.