TREE NEWS reports: The combined margin financing balance across the Shanghai and Shenzhen stock exchanges stood at 2.60 trillion yuan (26002.76 billion) as of September 18, down 12.50 billion yuan from the previous trading day. The Shanghai exchange’s margin balance rose 4.57 billion yuan to 1.33 trillion yuan, while the Shenzhen exchange’s fell 17.07 billion yuan to 1.27 trillion yuan.
China’s Two Stock Exchanges See Combined Margin Balance Fall 1.25B Yuan
AI take
The divergence matters more than the headline decline: Shanghai added leverage while Shenzhen shed it, a split that points to rotation rather than uniform deleveraging. Since margin balances reflect conviction and collateral capacity, the Shenzhen pullback is the number worth tracking — whether it marks a one-day risk reduction or the start of a broader retreat is the open question. Watch whether the two exchanges continue moving in opposite directions.
Generated by AI for reference only.
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