117,000 new margin trading accounts opened in February, a 20% increase year-over-year

Gelonghui March 3 | China Securities Data Discloses Latest Margin Financing and Securities Lending Monthly Data. In February this year, the number of new margin financing and securities lending accounts reached 117,000, a year-on-year increase of 20%, but a month-on-month decrease of 38.6%. As of the end of February this year, the total number of margin accounts was 15.9 million, with a balance of 2.67 trillion yuan in margin financing and securities lending, and an average collateral ratio of 297.82% across the market.