Core Viewpoint - The article discusses the accelerated opening of China's futures market to foreign investors, highlighting the recent approval of 14 specific futures and options products for foreign participation by the China Securities Regulatory Commission (CSRC) [3]. Group 1: Regulatory Developments - On January 23, the CSRC announced the addition of 14 futures and options products for foreign traders, including nickel futures and options from the Shanghai Futures Exchange, various products from the Zhengzhou Commodity Exchange, and lithium carbonate futures and options from the Guangzhou Futures Exchange [3]. - The CSRC will oversee the preparations for these products to ensure a smooth introduction for foreign traders [3]. Group 2: Market Functionality and Historical Context - Nickel futures, launched in 2015, have effectively fulfilled their market functions, demonstrating a close linkage between spot and futures prices [3]. - The Zhengzhou Commodity Exchange's PTA futures, introduced in 2018, have also shown stable market operation since allowing foreign participation [4]. Group 3: Internationalization Efforts - The domestic futures market has been steadily advancing its internationalization, with exchanges optimizing business rules and expanding product offerings to attract both domestic and foreign participants [5]. - As of the end of 2025, at least 104 futures and options products will be available for qualified foreign investors, covering key sectors such as energy, chemicals, and agriculture [5]. - Increased foreign participation is expected to enhance the functionality of the futures market and allow foreign investors to share in China's innovative development opportunities [5].
新增14个期货期权品种为境内特定品种,将引入境外交易者
第一财经·2026-01-24 04:54