China has no plan to lift equity-index........>

CHINA: 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.

- "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.

- Link: http://www.xinhuanet.com/english/2019-08/09/c_138294448.htm