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The China Securities Regulatory Commission announced on July 5 that China will resume the issuance of treasury bond futures after 18 years of suspension.
The trading is expected to start in about two months.
The bond futures mark the second product in China’s financial futures portfolio， following index futures.
The move to resume treasury bonds came amid China’s deepening of market-oriented interest rate reforms， which have generated strong demand for hedging interest rate risks.
“In the long run， it will help the Chinese financial market become more liquid and more efficient，” Leo Melamed， Chairman Emeritus of the Chicago Mercantile Exchange （CME）， said on the sidelines of the fifth China International Assets Management Conference on July 7.
VC Market Warms
China’s venture capital （VC） market continued to improve from last year’s retreat， with the number of deals signed growing in the second quarter.
Eighty-nine VC deals were disclosed during the April-June period， which was 20.3 percent more than the previous quarter， data provider ChinaVenture said in a report on July 8.
The amount of money involved in these deals， however， declined slightly to $492 million from the first quarter. “The falling volume suggests investors remain cautious about their picks，” said Feng Po， an analyst at ChinaVenture.
Internet companies accounted for the biggest share of VC deals made in the second quarter， with 21 investments disclosed， according to ChinaVenture.
Telecommunications topped in terms of investment volume. The industry saw VC deals worth$137 million reached in the April-June period.
The trading is expected to start in about two months.
The bond futures mark the second product in China’s financial futures portfolio， following index futures.
The move to resume treasury bonds came amid China’s deepening of market-oriented interest rate reforms， which have generated strong demand for hedging interest rate risks.
“In the long run， it will help the Chinese financial market become more liquid and more efficient，” Leo Melamed， Chairman Emeritus of the Chicago Mercantile Exchange （CME）， said on the sidelines of the fifth China International Assets Management Conference on July 7.
VC Market Warms
China’s venture capital （VC） market continued to improve from last year’s retreat， with the number of deals signed growing in the second quarter.
Eighty-nine VC deals were disclosed during the April-June period， which was 20.3 percent more than the previous quarter， data provider ChinaVenture said in a report on July 8.
The amount of money involved in these deals， however， declined slightly to $492 million from the first quarter. “The falling volume suggests investors remain cautious about their picks，” said Feng Po， an analyst at ChinaVenture.
Internet companies accounted for the biggest share of VC deals made in the second quarter， with 21 investments disclosed， according to ChinaVenture.
Telecommunications topped in terms of investment volume. The industry saw VC deals worth$137 million reached in the April-June period.