At present, the credit of margin financing and securities lending does not check PBOC's credit information, nor does it go to PBOC's letter of credit, which does not affect the daily demand of bank loans.
As a senior account manager of a securities company, I would like to share my suggestions according to this problem. First of all, before the opening of margin financing and securities lending, brokers will check the credit report. After opening, if the investment has overdue interest, it is also a credit report at the meeting. For overdue but unpaid financing principal or securities, the company will collect liquidated damages for financing or securities lending according to the number of days overdue, and the collection standard of liquidated damages has been agreed in the financing and securities lending contract.