Bixing IoT: On March 20th, margin purchase of 2,487,800 yuan, margin financing and securities lending balance of 27,046,000 yuan

robot
Abstract generation in progress

Securities Star News: On March 20, Bixing IoT (688671) had a margin buy-in of 2.4878 million yuan, a margin repayment of 5.0655 million yuan, resulting in a net margin sell of 2.5777 million yuan. The margin balance was 27.046 million yuan.

There were no securities lending transactions on that day.

The total margin financing and securities lending balance was 27.046 million yuan, down 8.7% from the previous day.

Quick Facts

Margin Financing and Securities Lending: Margin financing means a securities company 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 stocks short through securities lending if they are bearish.

The above content is compiled by Securities Star based on publicly available information, generated by AI algorithms (Wangxin Algorithm Backup 310104345710301240019), and does not constitute investment advice.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin