Latest news with #QFII
Associated Press
9 hours ago
- Business
- Associated Press
QFIIs Gain Access to Onshore ETF Options As A-share Market Opening Deepens
GUANGZHOU, China, June 25, 2025 /PRNewswire/ -- Qualified Foreign Institutional Investors (QFIIs) will be permitted to trade onshore ETF options starting October 9, exclusively for hedging purposes, according to the China Securities Regulatory Commission. This marks another major step in opening China's capital markets, following the introduction of commodity futures and options, which is believed to attract long-term foreign capital to allocate to A-shares by expanding risk management tools and enhancing market stability. Among the eligible products are E Fund STAR 50 ETF (Code: 588080), E Fund ChiNext ETF (Code: 159915), and E Fund SZSE 100 ETF (Code: 159901), managed by E Fund Management (E Fund), the largest mutual fund manager in China. Data from China's State Administration of Foreign Exchange revealed that cross-border capital of non-banking sectors saw a net inflow of US$ 33 billion in May 2025, with foreign holdings of domestic stocks increasing month-on-month, reflecting growing foreign investor confidence and deeper integration of A-shares with global markets. With its broad ETF product lineup and low management fees, E Fund has positioned itself as the preferred partner for foreign investors. According to Wind, from January 2024 to April 2025, E Fund's ETF assets grew by US$ 53.5 billion, with net inflows totaling US$ 41.2 billion, both ranking first in the market. About E Fund Established in 2001, E Fund is a leading comprehensive mutual fund manager in China with over RMB 3.5 trillion (USD 497 billion) under management. It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund's clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China and is widely recognized as one of the most trusted and outstanding Chinese asset managers. AuM includes subsidiaries. Data as of March 31, 2025. FX rate is sourced from PBoC. View original content to download multimedia: SOURCE E Fund Management
Yahoo
9 hours ago
- Business
- Yahoo
QFIIs Gain Access to Onshore ETF Options As A-share Market Opening Deepens
GUANGZHOU, China, June 25, 2025 /PRNewswire/ -- Qualified Foreign Institutional Investors (QFIIs) will be permitted to trade onshore ETF options starting October 9, exclusively for hedging purposes, according to the China Securities Regulatory Commission. This marks another major step in opening China's capital markets, following the introduction of commodity futures and options, which is believed to attract long-term foreign capital to allocate to A-shares by expanding risk management tools and enhancing market stability. Among the eligible products are E Fund STAR 50 ETF (Code: 588080), E Fund ChiNext ETF (Code: 159915), and E Fund SZSE 100 ETF (Code: 159901), managed by E Fund Management (E Fund), the largest mutual fund manager in China. The SSE STAR 50 Index, tracking the 50 largest and most liquid stocks on the STAR Market, is strategically concentrated in semiconductors. Its relevant funds have grown to US$ 25.4 Billion, making it the fourth-largest broad-based index of A-share market. The ChiNext Index comprises 100 high-growth firms from the ChiNext Board, with 92% exposure to strategic sectors like new-generation information technology, new energy vehicle and healthcare. Since 2021, its constituents have delivered robust revenue and net profit CAGR of 21% and 14%, respectively. The Shenzhen 100 Index aggregates 100 blue-chip leaders from the Shenzhen Stock Exchange, and emphasizes sectors such as advanced manufacturing, digital economy, and green energy, accounting for 73% weight collectively. Data from China's State Administration of Foreign Exchange revealed that cross-border capital of non-banking sectors saw a net inflow of US$ 33 billion in May 2025, with foreign holdings of domestic stocks increasing month-on-month, reflecting growing foreign investor confidence and deeper integration of A-shares with global markets. With its broad ETF product lineup and low management fees, E Fund has positioned itself as the preferred partner for foreign investors. According to Wind, from January 2024 to April 2025, E Fund's ETF assets grew by US$ 53.5 billion, with net inflows totaling US$ 41.2 billion, both ranking first in the market. About E Fund Established in 2001, E Fund is a leading comprehensive mutual fund manager in China with over RMB 3.5 trillion (USD 497 billion) under management. It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund's clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China and is widely recognized as one of the most trusted and outstanding Chinese asset managers. AuM includes subsidiaries. Data as of March 31, 2025. FX rate is sourced from PBoC. View original content to download multimedia: SOURCE E Fund Management
Yahoo
19-05-2025
- Business
- Yahoo
Exclusive-Shanghai exchange looks to open domestic nickel contract to foreigners this year, sources say
By Hongmei Li, Pratima Desai and Lewis Jackson HONG KONG/LONDON (Reuters) - The Shanghai Futures Exchange (ShFE) is considering opening its domestic nickel futures contract to foreign investors this year, instead of launching a separate contract on its International Energy Exchange (INE), two sources with knowledge of the matter said. ShFE has been exploring a more internationally-accessible nickel contract since at least 2023 as part of broader plans to build its global presence and challenge the dominance of rival the London Metal Exchange (LME). Industry sources have said ShFE also wants to offer the market an alternative to LME nickel after a trading debacle in March 2022 when the LME contract was suspended for eight days, leaving the industry without a global pricing benchmark for the metal used in stainless steel and electric vehicle batteries. ShFE is organising a two-day meeting in Shanghai on Thursday and Friday for the metals industry where the nickel contract plans among other topics will be discussed, two other attendees speaking on condition of anonymity told Reuters. Much of the global metals industry is currently only a short flight away in Hong Kong attending the LME Asia Week conference, which ends on Wednesday. Plans under consideration would see ShFE open up its existing domestic nickel futures contract to foreign investors registered under China's Qualified Foreign Institutional Investor (QFII) programme, the sources with knowledge said. QFII status permits the international market to trade Chinese markets. China has about 900 QFIIs, a broker source said, adding that about 200-300 of the companies which have registered since September 2022 were mainly interested in commodities. In February ShFE opened several futures products to QFII investors including stainless steel and fuel oil. A senior ShFE official declined to answer questions on the topic when called by Reuters. ShFE did not immediately respond to questions emailed after hours. The China Securities Regulatory Commission (CSRC) would need to approve any launch by the domestic exchanges. It has been pushing exchanges to internationalise futures contracts to attract overseas investors, according to another source familiar with the commission's thinking. Market confidence was shaken in 2022 when the nickel price rocketed to a record above $100,000 a metric ton and the LME cancelled all nickel trades on March 8, for which it was sued by hedge fund Elliott Associates. Others including CME and ICE have looked at creating cash-settled derivatives for nickel, while Abaxx Technologies launched a nickel sulphate futures this year. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
19-05-2025
- Business
- Reuters
Exclusive: Shanghai exchange looks to open domestic nickel contract to foreigners this year, sources say
HONG KONG/LONDON, May 19 (Reuters) - The Shanghai Futures Exchange (ShFE) is considering opening its domestic nickel futures contract to foreign investors this year, instead of launching a separate contract on its International Energy Exchange (INE), two sources with knowledge of the matter said. ShFE has been exploring a more internationally-accessible nickel contract since at least 2023 as part of broader plans to build its global presence and challenge the dominance of rival the London Metal Exchange (LME). Industry sources have said ShFE also wants to offer the market an alternative to LME nickel after a trading debacle in March 2022 when the LME contract was suspended for eight days, leaving the industry without a global pricing benchmark for the metal used in stainless steel and electric vehicle batteries. ShFE is organising a two-day meeting in Shanghai on Thursday and Friday for the metals industry where the nickel contract plans among other topics will be discussed, two other attendees speaking on condition of anonymity told Reuters. Much of the global metals industry is currently only a short flight away in Hong Kong attending the LME Asia Week conference, which ends on Wednesday. Plans under consideration would see ShFE open up its existing domestic nickel futures contract to foreign investors registered under China's Qualified Foreign Institutional Investor (QFII) programme, the sources with knowledge said. QFII status permits the international market to trade Chinese markets. China has about 900 QFIIs, a broker source said, adding that about 200-300 of the companies which have registered since September 2022 were mainly interested in commodities. In February ShFE opened several futures products to QFII investors including stainless steel and fuel oil. A senior ShFE official declined to answer questions on the topic when called by Reuters. ShFE did not immediately respond to questions emailed after hours. The China Securities Regulatory Commission (CSRC) would need to approve any launch by the domestic exchanges. It has been pushing exchanges to internationalise futures contracts to attract overseas investors, according to another source familiar with the commission's thinking. Market confidence was shaken in 2022 when the nickel price rocketed to a record above $100,000 a metric ton and the LME cancelled all nickel trades on March 8, for which it was sued by hedge fund Elliott Associates. Others including CME and ICE have looked at creating cash-settled derivatives for nickel, while Abaxx Technologies launched a nickel sulphate futures this year.
Yahoo
19-05-2025
- Business
- Yahoo
Exclusive-Shanghai exchange looks to open domestic nickel contract to foreigners this year, sources say
By Hongmei Li, Pratima Desai and Lewis Jackson HONG KONG/LONDON (Reuters) - The Shanghai Futures Exchange (ShFE) is considering opening its domestic nickel futures contract to foreign investors this year, instead of launching a separate contract on its International Energy Exchange (INE), two sources with knowledge of the matter said. ShFE has been exploring a more internationally-accessible nickel contract since at least 2023 as part of broader plans to build its global presence and challenge the dominance of rival the London Metal Exchange (LME). Industry sources have said ShFE also wants to offer the market an alternative to LME nickel after a trading debacle in March 2022 when the LME contract was suspended for eight days, leaving the industry without a global pricing benchmark for the metal used in stainless steel and electric vehicle batteries. ShFE is organising a two-day meeting in Shanghai on Thursday and Friday for the metals industry where the nickel contract plans among other topics will be discussed, two other attendees speaking on condition of anonymity told Reuters. Much of the global metals industry is currently only a short flight away in Hong Kong attending the LME Asia Week conference, which ends on Wednesday. Plans under consideration would see ShFE open up its existing domestic nickel futures contract to foreign investors registered under China's Qualified Foreign Institutional Investor (QFII) programme, the sources with knowledge said. QFII status permits the international market to trade Chinese markets. China has about 900 QFIIs, a broker source said, adding that about 200-300 of the companies which have registered since September 2022 were mainly interested in commodities. In February ShFE opened several futures products to QFII investors including stainless steel and fuel oil. A senior ShFE official declined to answer questions on the topic when called by Reuters. ShFE did not immediately respond to questions emailed after hours. The China Securities Regulatory Commission (CSRC) would need to approve any launch by the domestic exchanges. It has been pushing exchanges to internationalise futures contracts to attract overseas investors, according to another source familiar with the commission's thinking. Market confidence was shaken in 2022 when the nickel price rocketed to a record above $100,000 a metric ton and the LME cancelled all nickel trades on March 8, for which it was sued by hedge fund Elliott Associates. Others including CME and ICE have looked at creating cash-settled derivatives for nickel, while Abaxx Technologies launched a nickel sulphate futures this year. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
