CSRC approves listing of Shanghai and Shenzhen 300ETF options and CSI 300 Stock Index options
Xinhua News Agency, Beijing, November 8 (Reporter Liu Kaixiong) on the 8th, the CSRC announced that it would officially launch a pilot project to expand stock index options, and will approve the Shanghai and Shenzhen 300ETF options listed on the Shanghai and Shenzhen stock exchanges in accordance with the procedures, and the CSI 300 stock index options listed by CICC.
"Stock index options are the basic risk management tool for managing stock spot investment." On February 9, 2015, Shanghai 50ETF options were listed on the Shanghai Stock Exchange, said Chang Depeng, a spokesman for the Securities Regulatory Commission. Over the past four years, the market has operated smoothly and orderly, and the function of the products has been gradually brought into full play, laying the foundation for expanding the pilot project in the aspects of cultivating the market, training talents, accumulating experience, and so on.
Chang Depeng said: expanding the pilot of stock index options is conducive to perfecting the multi-level capital market system, improving market functions, attracting medium-and long-term funds to enter the market, and enhancing the inherent stability of the market. The CSRC will guide the exchange in preparing for the expansion of stock index options.