Regulatory crackdown on "circumventing the mark to cash out"; nearly 10 brokerages including Everbright and Galaxy have touched the "three major minefields" of margin financing business.

Jin10 data April 28 news, the margin trading business is facing strict regulation. Since 2024, the regulatory intensity on securities firms' margin trading business has significantly increased. Nearly 10 securities firms, including the mentioned Everbright Securities branch and Galaxy Securities, have been found to have violations. Journalists have sorted through the annual reports of securities firms and found that when conducting margin trading business, in addition to providing convenience for clients to "circumvent standards for cashing out" illegally, it is also common to see violations such as assisting clients in opening margin trading accounts and failing to properly manage clients' trading behaviors.