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Saturday, December 07, 2019, 15:33
China's futures turnover surges 36% in Jan-Nov period
By Xinhua
Saturday, December 07, 2019, 15:33 By Xinhua

BEIJING — China's futures market mushroomed during the first 11 months of this year with soaring market transactions, official data showed.

Combined turnover of the futures market climbed 36.67 percent in the first 11 months from a year earlier to 262.74 trillion yuan (about US$37.32 trillion), according to the China Futures Association.

READ MORE: Stock futures advance, bonds fall, dollar gains

In November alone, the trading stood at 27.31 trillion yuan, up 30.8 percent year on year.

ALSO READ: CSRC: No plan to lift index futures foreign investors quota

During the January-November period, the Shanghai Futures Exchange and the China Financial Futures Exchange were the top two bourses in terms of trade value, which stood at 87.66 trillion yuan and 62.71 trillion yuan, respectively.  

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