SHANGHAI, Dec. 31, 2020 /PRNewswire/ — Guotai Junan Securities facilitated a professional overseas institutional investor (QFII) to finalize its first margin buying and selling and inventory borrowing and lending enterprise in China’s A-share market on December 29, 2020.
In accordance with the securities dealer, the underlying shares cowl shares listed on the principle board, ChiNext market, science and expertise innovation board, generally referred to as the STAR Market and and many others.
Market gamers stated QFIIs’ participation in margin financing and securities borrowing and lending companies can be useful in attracting extra top quality capital into the market, bettering the long-short stability of the market, increasing funding scopes and growing market exercise as nicely.
A extra diversified set of funding instruments is anticipated to finally end in a extra energetic and open monetary market which can in flip grow to be essential new drivers for the monetary market reforms and a strong monetary system, famous market gamers.
As a matter of reality, December 29, 2020 marked the primary day when QFIIs are allowed to conduct margin buying and selling and inventory borrowing & lending enterprise in China. On Monday or December 28, 2020, QFII registration and settlement guidelines reform-related companies have been obtainable on the Shanghai and Shenzhen inventory exchanges, after Chinese language regulators publicized guidelines on home securities and futures funding by QFII and RMB QFII on September 25, 2020.
Guotai Junan Securities, as an extended standing market chief in facilitating home and abroad traders to entry the Chinese language monetary markets, is especially skilled in margin buying and selling and financing, inventory borrowing and lending, and STAR Market inventory borrowing.
Beforehand on November 2, 2020, Guotai Junan Securities efficiently finalized the primary securities lending transaction for QFII in China.
SOURCE Guotai Junan Securities