SHANGHAI, December 31, 2020 / PRNewswire / – Guotai Junan Securities Assisted Certified Overseas Institutional Investor (QFII) Full First Margin Buying and selling and Fairness Borrowing & Lending Enterprise in From China A share market certain December 29, 2020.
Based on the inventory dealer, the underlying shares cowl shares listed on the Primary Board, ChiNext Market, Scientific and Technological Innovation Board, generally often called STAR Market, and so forth.
Market individuals mentioned that QFII’s participation in margin financing and debt and securities lending actions could be useful in attracting extra high-quality capital to the market, enhancing the long-short steadiness of the market, increase funding scopes and enhance market exercise.
A extra various set of funding instruments ought to in the end result in a extra lively and open monetary market which in flip will change into key new drivers for monetary market reforms and a strong monetary system, market individuals famous. .
In actuality, December 29, 2020 marked the primary day that QFIIs are permitted to interact in margin buying and selling and fairness borrowing and lending actions in China. Monday or December 28, 2020, Firms associated to the reform of the QFII registration and settlement guidelines can be found on the Shanghai and Shenzhen inventory market, after Chinese language regulators made public the foundations on home securities and time period investments September 25, 2020.
Guotai Junan Securities, as a long-time market chief in facilitating home and overseas traders’ entry to Chinese language monetary markets, is especially skilled in buying and selling and margin financing, fairness borrowing and lending, and the borrowing of shares on the STAR market.
Beforehand November 2, 2020, Guotai Junan Securities efficiently accomplished the primary securities lending transaction for QFII in China.
SOURCE Guotai Junan Securities