Current margin trading levels are 60 percent lower than their peaks two years ago. Only institutional investors and retail investors with 500,000 yuan or more in their share trading accounts can trade facebook/" target="_blank">shares on margin. Yan added that the decline in margin lending was highly correlated with the drop in the major indexes. Yang Weixiao, an analyst with Founder Securities, said margin lending could pick up again as investor confidence and market momentum pick up. Margin financing collapsed in the aftermath of the stock market crash of mid-2015, during which the Shanghai stock index lost 40 percent of its value in three months, when the government cracked down on risky financing.
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![How major US stock market indexes fared on Monday]()
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How major US stock market indexes fared on Monday
The Standard & Poor's 500 index climbed 12.29 points, or 0.5 percent, to 2,394.02. The Russell 2000 index of small-company stocks finished up 9.81 points, or 0.7 percent, to 1,377.14. The Russell 2000 is up 20.01 points, or 1.5 percent. Defense contractors also climbed as the market continued to bounce back from turbulence last week. Strong gains for technology companies like software and chip makers helped lead U.S. stocks higher Monday.read more visit us Money
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