China Securities Finance Corporation

China Securities Finance Corporation is a government-backed financial institution that provides short-term funding and securities lending services to brokerage firms in China. Its primary role is to stabilize the stock market by offering liquidity during periods of market stress, helping brokerages meet their clients' trading demands and manage risk. Essentially, it acts as a financial buffer, ensuring smooth market functioning by supplying capital and securities when needed, thus supporting the overall stability and efficiency of China's securities market.