Sunresin added to the pool of margin financing in Shenzhen Stock Exchange
Approved by the China Securities Regulatory Commission, the Shenzhen Stock Exchange issued a notice, on October 21, to broaden the scope of stocks eligible for margin financing and securities lending. Sunresin (stock code 300487), added to the pool, will be eligible for margin financing and securities lending starting Monday, October 24, 2022.
The broadening will significantly increase the inclusiveness of industries and facilitate the allocation of market resources to key areas supported by the state. It will also help increase the liquidity, revive the sentiment of the stock market, and meet the diversified needs of investors.
According to the Shenzhen Stock Exchange, companies in advanced manufacturing, digital economy, green and low-carbon sectors account for nearly 60 percent of the newly added stocks, with the coverage of stocks with small and medium market capitalization being further expanded.
Sunresin’s inclusion in the margin financing scope in the Shenzhen Stock Exchange marks another milestone for the company, after being selected into the "FTSE Russell Index" last year, indicating recognition of the company's adherence to innovation-driven and high-quality development. Sunresin keeps focusing on innovation-oriented sustainable development and strives to constantly improve the company's value, and share the dividends with investors.