[QFI tradable varieties further expanded, futures market opening accelerated] September 29th, the Shanghai Futures Exchange, Zhengzhou Commodity Exchange, and Guangzhou Futures Exchange all issued announcements that starting from trading on September 28, they will further expand the range of tradable varieties for qualified foreign institutional investors and RMB qualified foreign institutional investors (collectively referred to as qualified foreign investors, QFI), and 23 new futures and options contracts will be opened. Up to now, QFI’s tradable futures and options cover energy, metals, chemicals, agricultural products, new energy and other fields. Industry insiders said that this round of expansion of QFI’s tradable futures and options not only means that the risk management tools available to foreign investors are further enriched, but also reflects that China’s futures market is gradually opening up from a single product to an institutional and rule-based opening. As more international industrial customers and institutional investors enter the domestic market, the liquidity, price discovery efficiency and international influence of the futures market are expected to further improve. At the same time, higher requirements will be placed on cross-border supervision, abnormal transaction monitoring and market transparency. (China Securities Journal)