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

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Trading volume of futures hits record high

By Gao Changxin in Shanghai | China Daily | Updated: 2013-12-03 07:31

The trading volume of the Chinese futures market hit an all-time high in the first 11 months of the year, boosted by the introduction of new contracts.

Trade volume rose 45.86 percent year-on-year to 1.9 billion lots in the first 11 months of this year. In terms of value, volume increased 61.93 percent year-on-year to 246 trillion yuan ($40.37 trillion) in the same period. That's the highest amount since the country first set up a futures market in 1993.

Financial futures, especially stock index futures, led the growth. The China Financial Futures Exchange - the country's biggest marketplace for financial futures by trading volume - said that trade volume increased 98.29 percent year-on-year to 130 trillion yuan in the January-November period. Stock index futures' trading volume now takes up 9.4 percent of the overall market.

Beijing CIFCO Futures Co Ltd, a futures brokerage, wrote in a recent report that a lackluster stock market turned investors' attention to stock index futures, which offer opportunities to cash in on a bear market.

"Investors' need to hedge the stock market with index futures helped push up trading volume," CIFCO said in the report.

The market-entrance threshold for stock index futures was also lowered this year, from 500,000 yuan to about 3,500 yuan.

That helped bring in more retail investors.

Gold and silver trading also soared in the second half of the year, after major exchanges started overnight trading. The Shanghai Futures Exchange saw its accounts more than double to 60,800 after overnight trading was introduced on July 5. The Dalian Commodity Exchange's new egg futures saw a trading volume of 10.61 billion yuan in its first trading day on Nov 8.

Seven new types of futures contracts hit the market this year, including coke, eggs and iron ore, which also helped to ignite investor enthusiasm. Three more types of contracts are expected to be launched this year, such as plywood and fiberboard.

The futures market benefited from a spillover effect from other underperforming capital markets this year, said Zhan Xiao, an analyst with Haichao Securities Co Ltd.

"The futures market is generally in better form than other markets, such as property and equities, so investors moved their funds to futures," Zhan said.

He believes that trading volume in China's futures' market will keep expanding, as Beijing loosens controls on State-owned companies' hedging activities and introduces more contracts into the market.

Chinese authorities have said recently that rules on State-owned companies' hedging activities may be loosened to deepen their involvement in the futures market.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 久久99这里只有精品国产 | 手机在线精品视频每日更新 | 欧美成人免费网在线观看 | 国产精品成人免费综合 | 日本特黄网站 | 国产精品久久久久久久久久一区 | ririai99在线视频观看 | 男人天堂视频在线 | 亚洲国产精品aaa一区 | 中文在线观看视频 | 成人在线免费网站 | 亚洲无线一二三区2021 | 亚洲欧美中文日韩在线v日本 | 国产精品色综合久久 | 日韩中文字幕免费观看 | a级午夜毛片免费一区二区 a级性生活视频 | 亚洲精品资源在线 | 亚洲精品精品一区 | 在线精品播放 | 91最新网站 | 97在线视频免费播放 | 久久免费精品国产视频 | 手机看片1024精品国产 | 亚洲国产日韩欧美综合久久 | 精品在线一区二区 | 国产大陆精品另类xxxx | 久久精品久久精品 | 国产三级小视频在线观看 | 三级手机在线观看 | 免费99热在线观看 | 一级毛片免费不卡夜夜欢 | 久久久国产乱子伦精品 | 美国一级片在线 | 泰国一级毛片aaa下面毛多 | b毛片| 免费观看欧美精品成人毛片能看的 | 国产精品99久久久久久www | 久久视频这里只精品3国产 久久视频这里只有精品 | 韩国免又爽又刺激激情视频 | 欧美精品成人一区二区在线观看 | 亚洲韩国日本欧美一区二区三区 |