There are also head brokers in China to prohibit Liang Rong cash out. This time it is CITIC Construction Investment Securities.
The official website of CITIC Construction Investment Securities issued an announcement on the adjustment of the rules for adjustment of financing and liability for margin financing.
Announcement stated that in order to strengthen the management of financing and securities and securities, starting from January 22, investors will be prohibited from repayment of securities firing contracts purchased by financing.
Before CITIC Construction Investment Securities, Guangfa Securities issued a similar announcement on January 9 to prohibit financing and buy securities from repay the securities lending liabilities.
According to the China Fund, a large -scale securities manager of Beijing pointed out in an interview that the securities firm adjusts the liabilities repayment rules and does not allow financing to buy stock repayment liabilities.Inappropriate arbitrage investors are regulated, and at the same time, they can also avoid the company's shareholders bypassed the reduction of arbitrage behavior, which is conducive to curbing speculative speculation, maintaining market fairness in the market, and protecting the interests of investors.
The two -melody cash refers to the purpose of investors to collect funds through financing trading trading to achieve non -normal transactions such as purchasing non -standard securities or financing to transfer credit accounts.The two -melody set is essentially to change the repayment order by investors' use of transaction instructions, convert special financing models into free -range control funds, break the inherent trading mechanism of Liang Rong, resulting in liabilities.Transparency increases credit risk.
