China has no plan to lift equity-index futures foreign investment quota: securities regulator

Xinhua
There is no plan to significantly ease overseas investors' access to the Chinese equity-index futures market, the country's top securities regulator said Thursday.
Xinhua

There is no plan to significantly ease overseas investors' access to the Chinese equity-index futures market, the country's top securities regulator said Thursday.

"The report is groundless," the China Securities Regulatory Commission said in a statement in response to a Bloomberg report.

China will further expand the commodity futures market in an orderly manner and support the introduction of more specific varieties, the statement said, adding that related work is steadily underway.

Such efforts aim to improve the market operation quality and service to the real economy instead of attracting more overseas capital inflow, the statement pointed out.

China has opened commodity futures including crude oil, iron ore, PTA and TSR 20 rubber to international investors in its bid to promote financial opening-up.

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