早盘速递 2025/12/1 热点资讯 1.财政部披露数据显示，1-10月，国有企业营业总收入683529.3亿元，同比增长0.9%；利润总额34214.4亿元，同比下降3.0% 。截至10月末，国有企业资产负债率65.2%，同比上升0.4个百分点。 2.国家外汇局公布，10月，我国国际收支货物和服务贸易出口3416亿美元，进口2625亿美元，顺差792亿美元。6月末，我国对 外证券投资资产（不含储备资产）16942亿美元，其中，股权类投资10763亿美元，债券类投资6179亿美元。 3.上期所调整氧化铝和天然橡胶期货及期权持仓限额。自2026年1月1日起，氧化铝期货从AO2603合约开始，自合约挂牌至交割 月前第二月的最后一个交易日取消比例限仓并将限仓数额调整为8000手，交割月前一月限仓数额由1800手调整至900手，交割 月份限仓数额由600手调整至300手；天然橡胶期货从RU2603合约开始，自合约挂牌至交割月前第二月的最后一个交易日限仓数 额由500手调整至1000手，交割月前第一月限仓数额由150手调整至300手，交割月份限仓数额维持50手不变。 4.12月一批新规将实施。资源税征管新规12月1日 ...

Core Viewpoint - The expansion of the trading scope for qualified foreign institutional investors (QFII) in China's futures market is set to enhance the internationalization of the market and improve its investor structure, with a target to increase the number of tradable futures and options to 100 by 2025 [1][2]. Group 1: Market Expansion - The China Securities Regulatory Commission announced the inclusion of more products for foreign investors, aiming to expand the total number of QFII tradable futures and options to 100 [1]. - As of June 20, 2025, 16 new futures and options products will be available for qualified foreign investors, bringing the total to 91 [1]. - The newly added products include futures and options for glass, soda ash, silicon iron, ethylene glycol, liquefied petroleum gas, natural rubber, lead, and tin [1]. Group 2: Impact on the Industry - The introduction of new products is expected to optimize the investor structure in China's futures market and enhance its international influence [2]. - The expansion will provide better price signals for industries and meet the hedging needs of foreign clients, thereby improving the service to the real economy [2]. - The dual opening of the futures market and the introduction of new products will create new opportunities and challenges for futures companies [3]. Group 3: Strategic Responses - Futures companies are encouraged to leverage their strengths to adapt to the new internationalization opportunities [3]. - Companies can enhance their risk management services by providing trading services for new products to foreign clients, thus broadening their revenue channels [3]. - To serve qualified foreign investors effectively, futures companies need to improve their specialized service capabilities and enhance their authority in the industry [4].