Core Viewpoint - The Chinese futures market has made significant progress in enhancing its service capabilities, price influence, and integration into national development, contributing to the stability of the real economy amidst external risks [1][2]. Group 1: Market Development and Service Capabilities - The futures market's service capabilities have been continuously strengthened, with a rich variety of new futures products launched since the end of last year, including polysilicon, casting aluminum alloy, pure benzene, and propylene [1]. - The participation of industrial clients has increased, with a 12.2% year-on-year growth in daily trading volume from industrial clients in 2024, and the total holding of 48 major products by industrial clients exceeding 200 million tons [1]. - The number of listed companies participating in hedging has maintained growth for eleven consecutive years [1]. Group 2: Price Influence and Market Integration - The influence of futures prices has been enhanced, with an expansion in the number of foreign investors participating in domestic futures and options, now totaling 91 products [1]. - The futures market has integrated into the national development framework, with 84 listed commodity futures and options being industrial products, accounting for 64% of the total, providing solid support for the stability of manufacturing-related market entities [1]. Group 3: Future Directions and Strategic Focus - The China Securities Regulatory Commission (CSRC) aims to further enrich product offerings by promoting the listing of important energy products like liquefied natural gas and improving the commodity index system [2]. - The CSRC is committed to advancing high-level opening of the futures market, increasing the range of products available for foreign investors, and enhancing their participation convenience [2]. - There is a focus on deepening market services, guiding leading enterprises to utilize the futures market effectively, and supporting small and medium-sized enterprises in risk management [2]. - The industry aims to enhance the professional capabilities of institutions, innovate business and product offerings, and provide tailored services to various types of enterprises [2][3].
中国证监会期货监管司副司长王颖:推动液化天然气等重要能源品种上市
Zheng Quan Ri Bao·2025-08-20 16:47