Rules could be relaxed if QFII index futures trading is successful

| BY

Candice Mak

CSRC allows QFIIs to trade SIFs in China

On May 6, the China Securities Regulatory Commission (CSRC) released new regulations that allow qualified foreign institutional investors (QFIIs) to trade stock index futures (SIFs) in China.

Although the Guidelines for the Participation in Stock Index Futures Trading by Qualified Foreign Institutional Investors (合格境外机构投资者参与股指期货交易指引) allows QFIIs to trade SIFs, there are two key restrictions: 1) they may trade for hedging purposes only and cannot sell overseas derivatives products based on the SIFs and 2) they must comply with applicable daily trading limits.

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]