新增14个期货期权品种确定为境内特定品种，首只互联互通中证A500ETF在新加坡交易所上市，核准立 桥银行和城堡顾问新加坡公司为合格境外投资者资格……近期，资本市场对外开放动作频频。在"引进 来"与"走出去"双向发力中，既增强主场吸引力，又提升全球配置力，为金融高质量发展与实体经济转 型升级注入持久动力。 本文原载于《证券时报》2026年2月5日头版 资本市场高水平对外开放迈向规则对接、机制互通、生态共建的制度型开放新阶段。合格境外投资者资 格核准常态化，吸引长期资本稳步入市；新增一批期货期权特定品种开放，覆盖新能源、大宗商品等关 键领域，提升境内市场定价影响力与风险管理供给；境外上市备案制透明高效，企业跨境融资更便捷更 快速。开放节奏与市场需求同频，政策成效快速转化为市场活力。 要统筹开放与安全，兼顾速度与质量，风险防控不可掉以轻心。当前全球金融市场波动加大，资本市场 开放始终坚持稳字当头、稳中求进。一方面，以制度型开放筑牢基础，推动规则、规制、管理、标准逐 步与国际接轨，提升政策透明度与可预期性；另一方面，强化跨境监管协同与执法合作，健全风险监 测、预警与处置机制，防范异常流动与跨境违法违规。在开放中守住 ...

Group 1 - The China Securities Regulatory Commission (CSRC) emphasizes the importance of strengthening the domestic market while promoting high-level two-way opening of the capital market, including optimizing the Qualified Foreign Institutional Investor (QFII) system and enhancing cross-border investment and financing convenience [1] - The capital market in China is becoming more open and inclusive, attracting foreign capital through improved access conditions and encouraging long-term investments, which enhances the market's vitality and resilience [1] - The launch of the first interconnectivity China Securities Index A500 ETF on the Singapore Exchange in January 2026 provides foreign investors with direct access to core A-share assets, while the expansion of the Shanghai-Hong Kong and Shenzhen-Hong Kong ETF interconnectivity has increased the number of products significantly [1] Group 2 - The CSRC has approved the QFII qualifications for Lianqiao Bank and Castle Advisors Singapore, and has expanded the range of futures options available for foreign investors, indicating a shift towards a more diversified asset allocation strategy [2] - Experts believe that the optimization of the QFII system and the expansion of specific futures products will significantly alter the structure and depth of foreign capital participation in the Chinese capital market, leading to a shift from a focus on stocks and bonds to a more comprehensive asset allocation including spot, futures, and derivatives [2] - The regulatory framework for overseas listings is being standardized and streamlined, which reduces compliance costs for companies and mitigates risks related to data security and technology outflow [3] Group 3 - The dual opening of the capital market is reshaping China's international role, with active participation in international financial governance and efforts to align rules in areas such as information disclosure and risk prevention [3] - The establishment of a transparent and unified process for overseas listing management is expected to eliminate policy uncertainties and provide a stable international regulatory environment for companies seeking to list abroad [3] - Cross-border regulatory cooperation is essential for maintaining market fairness and providing a predictable environment for overseas listings, focusing on audit regulation, law enforcement collaboration, and information sharing [3]