GF Securities: After the announcement of equivalent tariffs last month, thousands of retail investors are facing the risk of additional margin calls.

Rick Wurster, CEO of Jiaxin Financial Management, said that after Trump announced the tariff policy and triggered a stock market crash, the company called thousands of retail investors at risk of margin calls last month. On May 1st, Wurster said at a Reuters event that these calls could be seen as a "warning before margin calls" - when the account balance approaches the minimum requirement, the company will proactively contact the client. He said, "We really had to make more of these calls." Wurster said that Jiaxin Financial Management set a record for the busiest two days of trading in the company's history last month.