Is the maximum credit line of margin financing and securities lending calculated according to the net capital of the securities company?

1. Credit line refers to the maximum amount that a securities company can grant to an investor for financing or securities lending on the premise of meeting the margin ratio, after the investor applies for the amount of financing or securities lending, and after evaluating the value of collateral in the investor's credit account and calculating the amount of financing and securities lending. The credit line must be lower than the upper limit of the margin financing and securities lending scale of a securities company to a single investor.

2. The limit is calculated according to the net assets of the account and the risk coefficient. The net assets can be queried-the net assets can be queried, and the risk coefficient is obtained according to the comprehensive evaluation of the past risk events of the account and the maintenance guarantee ratio.

For net assets of more than 500,000: for example, the net assets of the account are 6,543.8+0,000, and the amount is 6,543.8+0,000 to 6,543.8+0.5 million;

For the net assets below 500,000: for example, the net assets of the account are 500,000, and the amount is 250,000 to 370,000.

3. At present, securities lending is gradually liberalized.