Jiaokong Technology: On March 25, net financing buy-in was 571,700 yuan, with a total net buy-in of 6,346,500 yuan over the past 3 days.

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Securities Star reports that on March 25, JiaoKong Technology (688015) had a financing purchase of 3.5476 million yuan, a financing repayment of 2.9759 million yuan, a net financing purchase of 571,700 yuan, and a financing balance of 69.2451 million yuan, with a total net purchase of 6.3465 million yuan over the past three trading days.

In terms of securities lending, there was no securities lending transaction on that day.

The balance of margin financing and securities lending is 69.2451 million yuan, an increase of 0.83% from yesterday.

Trivia

Margin Financing and Securities Lending: Margin financing means that a securities company lends money to investors to buy stocks, and at maturity, the principal and interest need to be repaid. Securities lending can be understood as investors borrowing stocks to sell, and at maturity, they need to return the stocks and pay interest. Generally, investors use margin financing to buy stocks when they have a bullish outlook on stock prices and use securities lending to sell stocks when they have a bearish outlook on stock prices.

The above content is organized by Securities Star based on publicly available information and generated by AI algorithms (Internet Information Office Filing No. 310104345710301240019), and it does not constitute investment advice.

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