Xinhua Silk Road: Guotai Junan finalizes first QFII margin trading and stock borrowing & lending biz on A-share market

BEIJING, Jan. 4, 2021 /PRNewswire/ -- Guotai Junan Securities facilitated a qualified foreign institutional investor (QFII) to finalize its first margin trading and stock borrowing and lending business on China's A-share market Tuesday.

According to the securities broker, the underlying stocks cover shares listed on the main board, ChiNext market, science and technology innovation board which is commonly known as the STAR Market, and etc.

Market players said QFIIs' participation in margin financing and securities borrowing and lending businesses will be helpful in attracting more high quality capital into the market, improving the long-short balance of the market, expanding investment scopes and increasing market activity as well.

A more diversified set of investment tools is expected to ultimately result in a more active and open financial market which will in turn become crucial new drivers for the financial market reforms and a robust financial system, noted market players.

As a matter of fact, December 29, 2020 marked the first day when QFIIs were allowed to conduct margin trading and stock borrowing & lending business in China. On December 28, 2020, QFII registration and settlement rules reform-related businesses have been available on the Shanghai and Shenzhen stock exchanges.

Guotai Junan Securities, as a long standing market leader in facilitating domestic and overseas investors to access the Chinese financial market, is particularly experienced in margin trading and financing, stock borrowing and lending, and STAR Market stock borrowing. 

Previously on November 2, 2020, Guotai Junan Securities successfully finalized the first securities lending transaction for QFII in China.

Original link: https://en.imsilkroad.com/p/318712.html


© PR Newswire

Georgia on my mind
Ex Dividend 05/01/2021

By accepting you will be accessing a service provided by a third-party external to https://chatpips.com/


Broker Search

Latest Spot Rate

23 January 2021
Key risk events today: ECB President Lagarde Speaks. (Previous analysis as well as outside sources – italics). EUR/USD: Weekly gain/loss: +0.79% Weekly close: 1.2170 Weekly perspective:...
23 January 2021
First, a review of last week's events: - EUR/USD. We published a chart seven days ago that clearly showed how the correlation between the S&P500 index and EUR/USD was broken in early January. But now everything is back to normal: the S&P500 c...
23 January 2021
BEIJING, Jan. 23, 2021 /PRNewswire/ -- Huami Corporation ("Huami" or the "Company") (NYSE: HMI), today announced that it will hold its 2020 Annual General Meeting of Shareholders (the "AGM") at Huami Co., Ltd. Building B2, zhongguancun No.1, No.81 Be...
23 January 2021
Market Insights Podcast (Episode 154) - MarketPulseMarketPulse Home/Newsfeed/Podcasts Share 0 Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York.  This week they discuss the President Bi...
23 January 2021
US Close –Stocks pare losses after record PMIs and housing data, FX, Oil softer post EIA, Gold clawing back, and Bitcoin rebounds - MarketPulseMarketPulse Home/Commodities/Crypto/FX/Indices/Metals/Newsfeed/Oil/Treasuries Share 0 US stocks pared the e...
How It Works | About | Contact | Contributors | Privacy Policy | Advertise
© 2009 - 2021 ChatPips. All Rights Reserved. Terms of Use: The content on this website is solely for educational and informational purposes and is not a substitute for official documentation of the original owners. Daily economic news is provided by third-party website. This site is not operated by, sponsored by, endorsed by, or affiliated with any parties in any way. The website owner, the authors, the publishers, and all affiliates of ChatPips.com assume no responsibility or liability for your trading and investment results. You should always check and confirm with several sources with your licensed financial advisor and tax advisor to determine the suitability of any investment before making your final decision. Your continued usage and browsing of information on this website constitute your agreement to this Terms of Use. If you do not agree, please do not proceed to use this website. Brokers Directory: The companies license information were obtained from respective local jurisdiction. All other company and/or product names are trademarks and/or registered trademarks of their respective owners.