Margin financing balance on Shanghai and Shenzhen exchanges falls 6.26 billion yuan
In short
As of Oct. 19, the combined margin financing balance of the Shanghai and Shenzhen exchanges stood at 2,445.496 billion yuan, down 6.26 billion yuan from the previous trading day. The Shanghai balance rose 798 million yuan while the Shenzhen balance fell 7.058 billion yuan.
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CLS, 36Kr and Jiemian reported on Oct. 20 that, as of Oct. 19, the Shanghai Stock Exchange margin financing balance was 1,259.048 billion yuan, up 798 million yuan from the previous trading day. The Shenzhen Stock Exchange balance was 1,186.448 billion yuan, down 7.058 billion yuan. The two together stood at 2,445.496 billion yuan, down 6.26 billion yuan. [ 5 , 6 , 7 ]
The same outlets, along with Yicai, had reported on Oct. 19 figures as of Oct. 16. The Shanghai balance was 1,258.25 billion yuan, down 7.237 billion yuan from the previous trading day. The Shenzhen balance was 1,193.506 billion yuan, down 7.168 billion yuan. The combined balance was 2,451.756 billion yuan, down 14.405 billion yuan. Yicai's summary gave only the headline figure for the combined fall. [ 1 , 2 , 3 , 4 ]
Why it matters
The documents are short data notices and give no explanation or assessment of the change. They show the combined balance falling on both reported days, Oct. 16 and Oct. 19.
Key facts
- As of Oct. 19, the Shanghai Stock Exchange margin financing balance was 1,259.048 billion yuan, up 798 million yuan from the previous trading day. [ 5 , 6 , 7 ]
- As of Oct. 19, the Shenzhen Stock Exchange margin financing balance was 1,186.448 billion yuan, down 7.058 billion yuan from the previous trading day. [ 5 , 6 , 7 ]
- The combined balance of the two exchanges was 2,445.496 billion yuan, down 6.26 billion yuan from the previous trading day. [ 5 , 6 , 7 ]
- As of Oct. 16, the combined balance was 2,451.756 billion yuan, down 14.405 billion yuan from the previous trading day. [ 1 , 3 , 4 ]
- As of Oct. 16, the Shanghai balance was 1,258.25 billion yuan (down 7.237 billion) and the Shenzhen balance was 1,193.506 billion yuan (down 7.168 billion). [ 1 , 3 , 4 ]
Confirmed by several sources
- Nothing is confirmed by two independent outlets yet.
Still unclear
- Why the balance changed. The documents give only the figures and no cause or comment.
- The combined margin financing balance of the two exchanges was 2,445.496 billion yuan as of Oct. 19, down 6.26 billion yuan from the previous trading day. Reported by a single source so far
- The Shanghai balance rose 798 million yuan while the Shenzhen balance fell 7.058 billion yuan as of Oct. 19. Reported by a single source so far
- The combined balance fell 14.405 billion yuan to 2,451.756 billion yuan as of Oct. 16. Reported by a single source so far
What local media are saying
Timeline, local time
- CLS published the Oct. 16 balances on Oct. 19. [ 1 ]
- Yicai published the Oct. 16 headline figure on Oct. 19. [ 2 ]
- Jiemian and 36Kr published the Oct. 16 balances on Oct. 19. [ 3 , 4 ]
- CLS and 36Kr published the Oct. 19 balances on Oct. 20. [ 5 , 6 ]
- Jiemian published the Oct. 19 balances on Oct. 20. [ 7 ]