China further opens commodity derivatives market to foreign institutions

A man walks at the central business district in Guangzhou, China, on July 15, 2022. PHOTO: AFP
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BEIJING (CAIXIN GLOBAL) - China has made a variety of commodity derivatives, including those for gold, copper and soya bean, available to qualified foreign institutions, marking a further opening up of the country's capital markets to overseas investors.

Starting last Friday, investors under the Qualified Foreign Institutional Investor (QFII) programme could trade a range of commodity futures and options listed on China's major derivative exchanges, according to statements published by the bourses the same day.

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