沪深交易所宣布！

Core Viewpoint - The Shanghai and Shenzhen Stock Exchanges, in collaboration with China Securities Depository and Clearing Corporation Limited, have announced support for foreign institutional investors to engage in bond repurchase transactions in the exchange market, aiming to further open up the bond market to foreign investors [1]. Group 1: Bond Repurchase Business - The bond repurchase business includes pledged repo agreements, tri-party repos, and reverse repos in the general pledged repo business [4]. - Foreign institutional investors can conduct bond repurchase transactions through Qualified Foreign Institutional Investor (QFII) and Renminbi Qualified Foreign Institutional Investor (RQFII) channels, adhering to the relevant rules for trading, registration, and settlement [4]. Group 2: Compliance and Risk Management - Foreign institutional investors must sign relevant agreements with their entrusted securities companies before participating in various types of bond repurchase transactions, including a main agreement for pledged repo transactions [4]. - Settlement participants providing services for foreign institutional investors must comply with China Clearing's business rules and enhance risk management related to bond repurchase settlements, reporting any potential risks to China Clearing [4][5]. Group 3: Monitoring and Regulation - The exchanges and China Clearing will monitor the trading, registration, and settlement activities of foreign institutional investors and their entrusted trading participants, implementing self-regulatory measures for violations [5]. - Serious violations will be reported to the China Securities Regulatory Commission for further action [5].