Margin trading balance continues to rise for seven consecutive times, with leverage funds increasing their positions in technology stocks.

The margin balance of A-shares has increased continuously for 7 trading days, with the daily increase exceeding 10 billion yuan in the past 4 trading days. This round of leverage funds mainly flowed into technology sectors such as electronics, electrical equipment, and communications. Industry insiders believe that the resurgence of leverage funds is influenced by multiple factors, and market sentiment is accelerating recovery. Meanwhile, on April 16th, the Growth Enterprise Index hit a new high in the past 11 years. With the continuous increase in the valuation of the Growth Enterprise Index, financing funds are pouring in rapidly, focusing on a few leading technology companies. However, industry insiders warn to be alert to the risk of deleveraging after sentiment reversal, as well as the pressure of valuation adjustment due to lower-than-expected performance realization.