[HIGHLIGHTS] The China Securities Regulatory Commission comprehensively suspended the lending of restricted stocks and restricted the efficiency of securities lending! What impact will it have on the market?

The China Securities Regulatory Commission comprehensively suspended the lending of restricted stocks and restricted the efficiency of securities lending. The Shanghai and Shenzhen Stock Exchanges simultaneously issued the "Notice on Suspension of Lending of Allotted Stocks by Strategic Investors within the Committed Holding Period" China Securities Finance Co., Ltd.

issued a notice on suspending the real-time availability of borrowed securities through refinancing. The China securities lending mechanism aims to implement the investor-oriented regulatory concept and will effectively protect the legitimate rights and interests of investors.