China raised margin requirements to 100% for new leveraged stock trades on Jan. 14, 2026, to reduce risk and stabilize markets.

China’s major stock exchanges raised the minimum margin requirement for new leveraged stock purchases to 100% from 80%, effective January 14, 2026, reversing a 2023 policy cut meant to boost market activity. The change, approved by the China Securities Regulatory Commission, aims to reduce market leverage, protect investors, and ensure long-term stability amid strong trading and high liquidity. The rule applies only to new margin contracts, leaving existing positions unaffected to prevent market disruption.