China Steel International: On February 13, sold 1,000 shares via margin trading, with a margin trading and securities lending balance of 397 million yuan.

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Securities Star News: On February 13, China Steel International (000928) had a margin buy-in of 17.2353 million yuan, a margin repayment of 18.3896 million yuan, a net margin sell of 1.1544 million yuan, and a margin balance of 397 million yuan.

Regarding securities lending, on that day, 1,000 shares were sold short, no shares were repaid, resulting in a net short sale of 1,000 shares. The remaining securities lending balance was 33,800 shares. In the past 20 trading days, there have been 11 days with net short sales.

The total margin and securities lending balance is 397 million yuan, down 0.29% from yesterday.

Quick Facts

Margin Trading and Securities Lending: Margin trading means the securities company borrows money to investors to buy stocks. When due, the principal and interest are repaid together. Securities lending can be understood as investors borrowing stocks to sell; when due, they return the stocks and pay interest. Generally, investors buy stocks on margin if they are optimistic about the stock price, and sell short if they are bearish.

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