Core Viewpoint - The article highlights the accelerated opening of China's futures market, with significant measures taken by regulators to expand the participation of qualified foreign institutional investors (QFII) in various futures and options products, reaching a total of 104 available products, marking an unprecedented level of openness [1][9]. Group 1: Market Opening and Opportunities - Since 2025, the Chinese futures market has seen three major opening measures, signaling a commitment to sustained expansion and stability despite global uncertainties [1][8]. - UBS Futures, as one of the first foreign-controlled futures companies in China, is actively engaging foreign investors and adapting to the market's opening [2][3]. - The number of futures and options products available for foreign investors has increased to 104, covering nearly 90% of market liquidity, which has sparked significant interest among international investors [9][11]. Group 2: Business Innovations and Strategies - UBS Futures has implemented advanced risk management frameworks and trading solutions, providing customized services to clients [6]. - The company has been proactive in introducing QFII and RQFII to domestic commodity futures trading, becoming the first to support QFII participation in this market [6][9]. - UBS Futures aims to leverage its global resources to enhance the understanding of the Chinese market among international clients, emphasizing the importance of collaboration and openness in the future [7][10]. Group 3: Future Outlook - The growth of foreign clients in the futures market has surged by 63% compared to the same period in 2022, indicating a robust internationalization process [11]. - The company is committed to continuously following the opening process of the Chinese futures market and bringing more international investors to promote high-quality international development [11].

Core Viewpoint - The Shanghai Futures Exchange (SHFE) is expanding the range of trading products available to qualified foreign institutional investors (QFIIs) starting from September 10, 2023, which includes new futures and options contracts for petroleum asphalt, fuel oil, and pulp [1][3][4] Group 1: Expansion of Trading Products - The SHFE announced the addition of petroleum asphalt futures, fuel oil, and pulp options to the trading products available for QFIIs [1][3] - This expansion is part of a broader trend of increasing access for QFIIs to China's futures market, which has seen a steady increase in the number of tradable products over recent years [4] Group 2: Regulatory Framework and Management - Futures companies are required to manage the trading permissions and ensure compliance with the regulations for QFIIs, including the appropriate management of trading suitability [3] - The SHFE emphasized the importance of risk management and orderly participation of QFIIs in the trading process, urging relevant parties to prepare adequately for these changes [3] Group 3: Historical Context and Future Implications - Since October 2021, the Chinese regulatory framework has progressively opened up more trading products to QFIIs, with a total of 100 products now available as of the latest announcements [4] - The ongoing expansion is expected to attract more foreign investors to the Chinese futures market, enhancing the international influence of Chinese pricing and contributing positively to the goal of establishing China as a financial powerhouse [4]