A-Share Margin Financing Balance Falls to 2.30 Trillion Yuan, Hitting Lowest Level in Over a Year Since September 2025

The A-share margin financing balance has continued to decline recently. As of November 2, the balance fell to 2.30 trillion yuan, hitting its lowest level in more than a year since September 2025. On November 2, the market continued its net margin selling trend, with net selling amounting to 12.637 billion yuan. Broken down by sector, margin financing activity declined significantly over the past five days in semiconductors, communication equipment, components, consumer electronics, batteries, automation equipment, industrial metals, general equipment, software development, and optical and optoelectronic sectors. Meanwhile, aerospace equipment, medical services, and state-owned large banks saw margin investors add over 100 million yuan in positions. Cosmetics, oil and gas extraction, cement, decoration and building materials, and agricultural comprehensive sectors led in net margin buying. (Caixin)