海南国际清算所护航实体经济稳健前行

Core Insights - The forum focused on how derivative tools can support the stable operation of the real economy amidst new international trade dynamics [1] - Experts discussed the significant role of the derivatives market in serving the real economy and the need for innovative risk management solutions [2] Group 1: Derivative Market Insights - Professor Li Zhengqiang emphasized the importance of the derivatives market in supporting high-quality economic development and the legal requirements for its functionality [2] - The chairman of Hainan International Clearing House, Feng Bo, highlighted the rapid growth of the OTC derivatives market, with over 230 members and a cumulative clearing scale of nearly 200 million tons, valued at approximately 4 billion yuan, showing a growth rate exceeding 200% [3] - The introduction of iron ore swaps by Hainan International Clearing House has gained traction as a risk management tool, with over 50 million tons cleared in just over a month [4] Group 2: Challenges and Opportunities - The current environment has increased risks in the bulk commodity sector, making it difficult for enterprises to maintain stable operations and manage profits effectively [3] - The forward market faces significant issues, particularly regarding reliance on corporate credit and the lack of a systematic risk prevention framework, which can lead to widespread impacts in case of defaults [5] - Hainan International Clearing House aims to continuously develop new OTC derivative tools to meet the real needs of enterprises and enhance service capabilities [5][6]