China has set up a financial futures exchange to trade financial derivatives. The exchange, with a registered capital of 500 million yuan, or over 60 million U.S. Dollars, is expected to start trading in mainland stock index futures by year end. It's designed to enable domestic investors to hedge risks against market slumps.
But in an interview with Tu Yun, hostess of CRI's weekly business feature Biz China, Dr. Zhou Chunsheng cautioned investors to be prudent to enter the market. Dr. Zhou Chunsheng is a finance professor at the Guanghua School of Management of Peking University.
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