Securities Supervision Commission Spokesperson Replies to Journalist's Questions on Securities Selling and Conversion

On June 16th, recently, some self-media said that "the transfer and financing is crazy revenge, no wonder the market continues to fall, and the transfer and financing (June 12) has added nearly 170 million shares in one day". Securities Supervision Commission: The number of transfer and lending securities has increased on June 12, mainly due to the semi-annual adjustment of index constituent stocks, which leads to the "return of old and new", that is, the recovery of stock lent shares such as transferred constituent stocks, and the lending of newly included constituent stocks. Self-media cites new lending data on individual trading days, ignoring the situation of stock recovery and balance reduction.