Investors Cheer Plans to Relax Restrictions on China’s Stock Index Futures
August 8, 2016
The China Financial Futures Exchange announced plans to loosen restrictions on stock index futures, relaxing rules adopted during China’s extreme mid-2015 market turmoil.
1. The People’s Daily published a front page article praising Shanghai’s pioneering SOE reform initiatives
2. Beijing reportedly intends to adopt Shanghai’s accounting methodology to reform national standards
3. Glass prices shot up 33% in July, adding evidence that China’s economy may hit bottom in 1H2016
Topics Covered: Evergrade, Vanke, Futures Trading, State-Owned Enterprise Reform, Economic Indicators, Wealth Management Products
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