Financing balance reaches a near two-month high, with leveraged funds consistently increasing the position

On February 25th, Jinshi Data reported that the balance of margin financing in the A-share market hit a near two-month high, and leveraged funds continued to increase the position in the market. Since February, the balance of margin financing in the A-share market has increased by nearly 110 billion yuan. Analysts believe that the market has fermented expectations of stable rise and strong technology policies, and the policy expectations have a strong support for the overall market sentiment, and hold a relatively optimistic attitude towards the mid-term performance of the A-share market. Wang Jun, Chief Strategy Analyst of China Construction Bank Securities, stated that under the combination of the restoration of fundamental expectations, the release of policies boosting confidence in the Capital Market, and the revaluation of leading technology stocks, the current market is still in the process of continuous upward movement of the Main Rising Wave.