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Friday, August 09, 2019, 10:49
CSRC: No plan to lift index futures foreign investors quota
By Xinhua
Friday, August 09, 2019, 10:49 By Xinhua

In this undated photo, a pedestrian stands next to the China Securities Regulatory Commission office building in Beijing. (PHOTO / PROVIDED TO CHINA DAILY)

BEIJING 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.

The report is groundless

China Securities Regulatory Commission

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China will further expand the commodity futures market in an orderly manner and support the introduction of more specific varieties, according to the statement, 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, according to the statement.

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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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