news

The new rules on securities lending have an immediate effect, with ETF securities lending decreasing by 90% in half a year

2024-07-22

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Since the China Securities Regulatory Commission announced the suspension of securities lending, securities lending transactions in the Shanghai and Shenzhen stock markets have been declining continuously. As an important lender in the securities lending business, exchange-traded funds (ETFs) have also attracted market attention with their every move.

Recently, the disclosure of the second quarterly report of public funds in 2024 has ended, and the latest scale of ETF securities lending has surfaced. Wind data shows that since many fund companies announced the suspension of the scale of new securities lending in February this year, the ETF securities lending business has declined significantly. As of the end of the second quarter of this year, the scale of ETF securities lending in the entire market was only 5.957 billion yuan, a decrease of more than 90% compared with the end of last year.

Relevant fund companies revealed to reporters that since February, the company has strictly implemented the relevant requirements of the China Securities Regulatory Commission on securities lending business, suspended the increase of the scale of securities lending through the Securities and Exchange Commission, and steadily promoted the gradual settlement of the scale of existing securities lending through the Securities and Exchange Commission to ensure the smooth operation of related businesses. (Securities Times)