Today, the implementation of A-share heavy! How will the short selling suspension affect the market?

As of July 9, the balance of margin lending has fallen from more than 70 billion yuan at the beginning of this year to less than 31.8 billion yuan, and the balance of margin lending has fallen from more than 100 billion yuan at the beginning of this year to 29.6 billion yuan.

As of July 9, a total of 30 stocks had a margin loan balance of more than 100 million yuan, and the top ten stocks with a margin loan balance werePien Tze Huang(209.390, 5.69, 2.79%)、Shanghai United Imaging Healthcare Co., Ltd.(107.390, 2.27, 2.16%)、BANK OF NANJING CO.,LTD(9.990, -0.04, -0.40%)、Hygon Information Technology Co., Ltd.(72.990, 0.17, 0.23%)、Beijing WANTAI Biological Pharmacy Enterprise Co.,ltd.(65.950, 0.36, 0.55%)、Seres(85.870, 0.67, 0.79%)、BAIC BluePark New Energy Technology Co., Ltd.(9.410, -0.06, -0.63%)、LONGi Green Energy Technology Co., Ltd.(14.220, 0.66, 4.87%)、Imeik Technology Development Co., Ltd.(169.000, 8.66, 5.40%)、Eoptolink Technology Inc., Ltd.(116.290, -3.11, -2.60%),The balance of securities transfer was 378 million yuan, 289 million yuan, 283 million yuan, 257 million yuan, 252 million yuan, 241 million yuan, 223 million yuan, 209 million yuan, 199 million yuan and 194 million yuan, respectively.

In addition, the exchange also raised the margin ratio from not less than 80% to 100%, and the margin ratio of private securities investment funds participating in margin lending from not less than 100% to 120%, effective July 22.

Yang Delong, chief economist of Qianhai Open Source Fund, believes that the suspension of short selling business, especially short selling business, will help stabilize market sentiment in the context of the current market decline and lack of confidence. Although the market decline is not entirely caused by short selling, this move undoubtedly shows the regulatory layer's care and support for the stock market, and has a positive effect on boosting investor confidence.