Regulations Governing Securities Borrowing and Lending by Securities Firms Article 27
The total monetary amount of securities loaned by a securities firm conducting securities borrowing and lending business, combined with the total monetary amount of securities it provides for short sales by customers in margin purchase and short sale business, may not exceed 400 percent of the securities firm's net worth.
中文原文 證券商辦理有價證券借貸管理辦法第27條
證券商辦理有價證券借貸業務，出借有價證券總金額，加計辦理有價證券融資融券業務對客戶融券總金額，不得超過該證券商淨值百分之四百。