QFII investors may get access to exchange futures in China


The Shanghai Futures Exchange (SHFE) is considering offering foreign institutional investors access to its existing eight commodities futures contracts through a qualified foreign institutional investor (QFII) scheme that would operate along similar lines to that currently offered on stocks and bonds. A spokesperson at the SHFE tells Asia Risk that using QFII to include commodities futures was the exchange’s response to “the internationalisation of China’s futures market&rdq