Chinese margin traders raise wagers to record high as tech stock rally in full swing

China’s stock investors boosted their leveraged bets to an all-time high, helping fuel a record-setting run on technology stocks amid easing geopolitical tensions and earnings resilience. The outstanding value of margin trading on the mainland’s exchanges reached 2.86 trillion yuan (US$420.8 billion) on Thursday, rising to a record for a seventh straight day, according to the data by China Securities Finance. Leveraged traders poured the borrowed funds mainly into electronics, semiconductor and telecoms stocks, according to China Galaxy Securities and China Merchants Securities. Leveraged trading is viewed as a barometer of sentiment on China’s equity markets, with more such trading…