Margin balance increased by 800 billion yuan in a year, securities firms intensively raised business quotas.

Margin trading limit is in urgent need, and some securities firms are planning to increase the limit. Recently, Caida Securities announced plans to expand its credit business scale, raising the limit from not exceeding 100% of the audited net capital ratio for the 2024 fiscal year to 140%. Data shows that as of now, margin trading balance has increased by approximately 800 billion yuan in the past year. "With the market warming up, securities firms need to increase the limit to meet investors' margin trading needs," a securities firm salesperson told reporters.