If the financing balance grows for a long time, it shows that investors are biased towards buyers, and the market is a strong market with strong popularity, otherwise it is a weak market. Financing balance refers to the accumulation of the difference between investors' daily financing purchase and loan repayment. On the one hand, the bigger the balance, the more optimistic people there are. Because margin financing and securities lending require costs, many optimistic people will spend the cost to buy them.

Analysis Steps of Margin Data

1. Special securities account for securities lending-used to record securities held by securities companies to be lent to customers and securities returned by customers, not used for securities trading;

2. Customer's credit transaction secured securities account-used to record the securities held by the securities company entrusted by the customer and the creditor's rights generated by the secured securities company's margin financing and securities lending to the customer.

3. Securities settlement account for credit transactions-used for securities settlement of customer margin trading;

4. Credit transaction fund settlement account-used for fund settlement of customer margin trading;

5. Customer credit securities account-the secondary account of the customer credit transaction guarantee securities account of a securities company, which is used to record the detailed data of the guarantee securities held by the securities company entrusted by the customer;

6. Special fund account for financing-used to deposit the funds that the securities company intends to lend to customers and the funds returned by customers. 7. Customer credit transaction guarantee fund account-used to store the funds deposited by customers to guarantee the creditor's rights generated by securities companies' margin financing and securities lending to customers;

8. Customer credit fund account-the secondary account of the customer credit transaction margin account of a securities company, which is used to record the detailed data of the margin deposited by the customer.

After-hours accumulated outstanding funds borrowed from securities companies for stock purchase. The amount of financing purchase refers to the part of financing purchase on that day. The amount of financing repayment refers to the part of financing repayment on the same day. The relationship between them is as follows: n-day financing balance = N-day cumulative financing purchase amount -N-day cumulative financing repayment amount. The balance of securities lending refers to the converted amount of outstanding securities borrowed from securities companies after the daily closing. The corresponding margin balance, margin selling amount and margin repayment amount are the same. It's just the reverse operation.