Fenghua Advanced Technology: On February 24, margin short sales of 10,400 shares, with a margin financing and securities lending balance of 866 million yuan

Securities Star News: On February 24th, Fenghua Gaoke (000636) had a margin buy-in of 37.3721 million yuan, a margin repayment of 75.0184 million yuan, resulting in a net margin sell of 37.6463 million yuan. The margin balance was 862 million yuan, with 11 out of the past 20 trading days showing net margin buying.

In terms of securities lending, on that day, 10,400 shares were lent out, with no shares repaid, resulting in a net securities lending sell of 10,400 shares. The securities lending balance was 185,000 shares.

The total margin and securities lending balance was 866 million yuan, down 4.1% from the previous day.

Quick Fact

Margin Trading and Securities Lending: Margin trading means the brokerage lends money to investors to buy stocks. When the loan matures, the principal and interest are repaid together. Securities lending can be understood as investors borrowing stocks to sell; at maturity, they return the stocks and pay interest. Generally, investors buy stocks on margin if they are optimistic about the stock price, and sell borrowed stocks if they are bearish.

The above content is compiled from publicly available information by Securities Star, generated by AI algorithm (Network Credit Calculation Backup 310104345710301240019), and does not constitute investment advice.