Securities firms strengthen the audit of new account openings and increase the scrutiny of margin trading? Many have responded: Compliance requirements have always been strict and there is no "tightening."

Recent reports indicate that several securities firms, including CITIC Securities and East Money Information, have tightened new account approvals and the scrutiny of margin trading and options trading. Journalists learned from CITIC Securities and East Money that both companies have always maintained strict and standardized compliance requirements for their margin financing and derivatives businesses, and there is no such thing as a so-called "increase in strictness." The two companies emphasize that their related businesses continue to operate smoothly within the regulatory framework. Furthermore, regarding the claim in the aforementioned report that "more and more retail investors were forced to close positions and exit the market in late July," industry sources indicate that multiple securities firms have been addressing risks in various aspects of their credit businesses, and clients are proactively supplementing their margins, making the overall market risk manageable.