March 10th, A-share margin financing balance increased; electronic industry leads in net financing purchases across multiple industries

The A-share market margin financing and securities lending data showed a positive trend in the latest trading session. On March 10, the combined margin financing and securities lending balance in the Shanghai and Shenzhen markets reached 2,655.34 billion yuan, an increase of 9.701 billion yuan from the previous day, maintaining a proportion of 2.54% of the circulating market value. Trading activity for margin transactions slightly declined on that day, with a total transaction volume of 235.034 billion yuan, down 5.260 billion yuan from the previous day, but still accounting for 9.72% of the total A-share trading volume.

Industry fund flows indicate that the electronics sector remains a key area favored by margin traders. Among the 31 primary industries in Shenwan, 19 industries experienced net buying with margin funds, with the electronics industry leading with a net purchase of 4.354 billion yuan. Power equipment, computers, machinery, and communications sectors also saw significant capital inflows, reflecting ongoing market interest in technology manufacturing.

At the individual stock level, margin funds concentrated on some high-quality targets. A total of 45 stocks had single-day net margin purchases exceeding 100 million yuan, with GigaDevice leading at 469 million yuan. Technology companies such as Xinyisheng, Changfei Optical Fiber, and UCloud also received substantial capital allocation. Semiconductor and communication equipment firms like Buwei Storage, Dongshan Precision, and Tianfu Communication ranked among the top recipients. In the biopharmaceutical sector, Rongchang Biotech and in the industrial laser field, Huagong Technology also received notable funding support.