www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

China amends stock index futures rules

(Reuters)
Updated: 2007-05-09 09:11

The China Financial Futures Exchange has amended its draft trading rules for the country's first stock index futures, which are expected to be launched this year, to reduce potential risks.

Analysts said the amendments, published on Tuesday, reflected concerns about a possible overheating of China's stock market, with the Shanghai benchmark index more than tripling in value since the start of last year. The index climbed nearly 3 percent on Tuesday.

Special coverage:
Stock Market

Related readings:
China raises bank reserve ratio to 11%

China stocks rebound, recovering lost ground
Stocks fall as GDP growth, inflation accelerates
Stock index futures unlikely before July - report
More investors join 'wild' bull run
China stocks hit fresh high
Blue chips push stocks to new high
China stocks at new high after seesaw session
China stocks hit new high on investment fever
China stocks hit record high

The exchange has not given a time frame for the start of index futures trading, but industry sources have said it may be later than the first-half launch indicated by regulators, partly because the exchange was still working on its trading system.

The exchange, which will trade futures based on an existing index of the 300 largest firms by market capitalisation on the Shanghai and Shenzhen stock exchanges, raised its minimum margin requirement to 10 percent from 8 percent in draft rules published in the China Securities Journal on Tuesday.

The draft, which supersedes a proposed set of rules released late last year, also lowered the cap on investors' holdings to 600 lots from 2,000 lots.

"The adjustments mean the exchange wants to raise the threshold to avoid risks, as the Chinese stock market may recently have become overheated," said analyst Cai Luoyi at China International Futures.

"It can lower the barrier again to fit any new situation. Exchanges have the flexibility to change the trading rules," he said.

China is eager to develop its capital markets by launching domestic stock index futures, but investors are concerned that the start of futures trading could undermine the recent Chinese bull market by allowing short-selling of stock futures.

"The exchange is gradually preparing the launch of the new futures," said Hui Mei, a spokeswoman for the exchange, although she declined to comment on the time frame for the kick-off of trading.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 成年人在线观看网站 | a高清免费毛片久久 | 一区二区视屏 | 国产亚洲免费观看 | 一本色道久久88 | 亚洲www| 国产资源免费 | 草草视频在线观看 | 欧美在线播放成人a | 色屁屁一区二区三区视频国产 | 欧美日韩一区二区三区视频播 | 久草视频在线资源 | 午夜爽爽爽 | 毛片基地看看成人免费 | 欧美成人三级网站 | 亚洲 欧美 国产 中文 | 欧美怡红院高清在线 | 亚洲精品日本 | 国内精品久久国产大陆 | 久久精品午夜视频 | 国产精品伦理久久久久 | 伊人久久综合热青草 | 男女无遮挡拍拍拍免费1000 | 国产日韩欧美一区二区三区在线 | 精品视频一区二区三区四区 | 亚洲精品国产综合久久一线 | 一本一道波多野结衣456 | 欧美一线不卡在线播放 | 欧美亚洲中日韩中文字幕在线 | 视频偷拍一级视频在线观看 | 亚洲人成在线影院 | 欧美激情综合亚洲一二区 | 寂寞午夜影院 | 九九亚洲精品自拍 | 午夜影院免费体验 | 国产欧美成人xxx视频 | 精品久久久久久综合网 | 一本一道波多野结衣456 | 日韩欧一级毛片在线播无遮挡 | 久久精品国产91久久综合麻豆自制 | 成人免费观看网欧美片 |