How strong is the demand for margin trading from clients? Securities firms increase credit limits, account openings reach a new high, and margin trading balances set a new record.

date
11/09/2025
avatar
GMT Eight
In August, the number of margin trading accounts opened in the market reached 180,000, the highest of the year, an increase of 381% year-on-year and 48% month-on-month.
In August, the number of new margin trading accounts opened in the market reached 180,000, not only an increase of 381% year-on-year and a growth of 48% month-on-month, but also set a new record for the monthly number of new margin trading accounts opened this year. From the trajectory of the annual data, the number of margin trading accounts has been steadily increasing. In January 2025, more than 74,000 new accounts were opened, and although there have been minor fluctuations since then, the overall trend has been upwards. By August, there was a significant increase, pushing the total number of margin trading accounts in the market to over 15.11 million. Against the backdrop of the booming margin trading business, brokerage firms have actively adjusted their credit business strategies to seize opportunities. ChinaLin has raised the total credit business limit twice within a few months, from 6.2 billion to 8 billion, to meet the surging demand for customer credit business. Sinolink has adjusted the financing margin ratio for securities other than those traded on the Beijing Stock Exchange to 100% starting from August 27th. Industrial also passed a resolution in May to adjust the total limit of the company's credit business. The heat of the business is also reflected in the margin trading balance, which has surpassed 2.3 trillion for three consecutive trading days, with over 2 trillion for 27 consecutive trading days, continuously breaking historical records, and the market trading activity remains high. The financing buy-in amount reached 224 billion yuan yesterday, accounting for 2.48% of the market value and 11.10% of the A-share turnover. It is worth noting that despite the hot business, the overall leverage level of the market remains stable. In August, the number of new margin accounts in the market reached 180,000, a year-on-year increase of 381% In August, the margin trading and securities lending business in the A-share market saw a significant increase. The latest data shows that in August, 180,000 new margin trading and securities lending accounts were opened in the market, an increase of 381% year-on-year and 48% month-on-month, setting a new high for the year. As of the end of August, the total number of margin trading and securities lending accounts in the market had reached 15.11 million. Looking at the monthly account data changes for margin trading accounts, in January 2025, 70,000 new accounts were opened; in February, 100,000 new accounts were opened; in March, 140,000 new accounts were opened; in April, 110,000 new accounts were opened; in May, 90,000 new accounts were opened; in June, 100,000 new accounts were opened; in July, 120,000 new accounts were opened; and in August, 180,000 new accounts were opened. The overall number of margin trading and securities lending accounts showed a steady upward trend, especially in August, when the number of new accounts saw a significant increase, with unprecedented market participation enthusiasm. According to ifind data, as of September 10th, the number of individual investors in margin trading in A-shares reached 7.6406 million, with 50,094 institutional investors. Just since August, there has been a net increase of 108,400 individual investors, reflecting the growing confidence of individual investors in the current market. ChinaLin (002945.SZ) raises the total limit of credit business to 8 billion ChinaLin announced on September 9th that the board of directors has approved the adjustment of the total credit business limit (including margin trading, stock pledge repo transactions using own funds, repurchase transactions, and other credit businesses) to 8 billion yuan; at the same tim...