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”. However, the SHFE did
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