Margin Trading New Accounts Rise 1.4% in September to 108,900

According to data from the China Securities Index (CSI), margin trading new accounts totaled 108,900 in September, a 1.4% increase from August's 107,400. Year-over-year, this represents a decline of 46.98% compared to 205,400 accounts in the same period last year. As of the end of September, the total number of margin trading accounts stood at 16.7678 million, up 1.1276 million from 15.6402 million at the beginning of the year. The average collateral ratio across the market was 268.38%, a notable drop from 282.22% at the end of August. (Securities Times)