Is there a cure for the stock market crash? The four major news in the early hours of this morning officially fermented (27）！
1. Is there any salvation from the stock market crash? What a sin this is! Is such a merciless advent a "natural disaster or a man-made disaster"? Can there still be hope for A-shares?
At present, **continues**, market sentiment collapses, and investor confidence is lost. Over the weekend, ZJ will emphasize increasing its efforts to listed companies, but the market does not buy it, believing that this is a **. Although securities lending has become the biggest culprit of short selling in the market, the relevant authorities have not taken effective measures. The market is already depleted, and unless there is a big tailwind, today's recession will be even worse. Investment is risky and should be cautious.
II. II. IIIn response to the guiding spirit of the China Securities Regulatory Commission on margin financing and securities lending business, maintain normal market order, and reduce the risk of forced liquidation and market pressure under the current market, the company announced that the company will carry out margin financing and securities lending business, and decided to maintain the minimum amount of bill lending business, and the minimum level of the industry will remain unchanged at 110%. At present, the vast majority of ** companies maintain a warning line of 140% and a mandatory equilibrium line of 130% for the guarantee ratio of the two financings. However, some brokerages are now starting to adjust this ratio to avoid centralized liquidations and share prices**.
Obviously, after this ratio is determined, a considerable number of customers will not be canceled. But there are two sides to everything, and lowering the cancellation line doesn't mean it won't be canceled. Once the new limit is reached, it will still be cancelled, with the only difference being that if you cancel 130%, you can also keep 20% of the client's total assets, and if you cancel it down to 110%, you will do nothing. When the time comes, if you don't have any money, you may even be in debt.
3. The village will continue to coordinate and guide various institutional investors such as public offerings, private placements, companies, social security institutions, insurance institutions, and annuities to enter the market more diligently, and continue to promote and support listed companies. Increase buybacks and increase holdings to ensure a
In fact, what the village said has been said on weekend nights, and Huiji's increase in holdings can also be seen as the result of the village's coordination, I remember explaining it to everyone that night, although many people think it is nonsense, I think this time it is different, what is the difference?
Everyone, pay attention to the institutions mentioned in the village, they are all big, and there are many representative members of a certain pair, often called strategic missionaries, when it is low, it is not them every time, you know? Gather?
Fourth, the China Securities Regulatory Commission: suspend the refinancing scale of new ** companies, and gradually close the existing shares in accordance with the law. Among them, the securities lending business mainly focuses on three aspects:
1. Suspend the refinancing scale of new shares, and the current refinancing balance is the upper limit**The company's new share refinancing scale is suspended in accordance with the law, and the existing shares are suspended;
2. The company is required to strengthen the management of customer trading behavior, and it is strictly forbidden to borrow and lend securities to investors who use securities lending to conduct intraday reversal transactions (hidden T0 transactions);
3. Continue to strengthen supervision and law enforcement, ensure the smooth operation of securities lending and borrowing business, and crack down on illegal activities such as using securities lending business to conduct improper arbitrage in accordance with the law.
So far, the balance of securities lending has decreased by 24% to 63.7 billion yuan, accounting for 01%。
The scale of refinancing of newly established companies has been suspended in accordance with the law, and the existing quota has been reduced to a very low level. The existing ones will also be gradually closed, which means that the source of short selling in the Class A** market will be truncated, which is a big positive.