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The central bank raised interest rates for the fifth time this year on Friday as part of its continuing efforts to arrest the rising inflation graph and prevent the economy from overheating.
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Preparations for the Introduction of Stock-index Futures In April, China's new regulations on futures trading came into effect, extending coverage from commodity futures to now include financial futures and options.
| Bigger Interest Rate Hike Called Former deputy director of the Research Bureau under the People's Bank of China, Jing Xuecheng, said on Thursday that the central bank should consider a bigger interest rate rise to control China's excessive liquidity more effectively.
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Event Overview Key Words v Derivative A financial instrument, traded on or off an exchange...
| v Stock Index Future A future on an stock index. The futures trade at a fixed price per point of the index.
| v Private Equity Private equities are equity securities of companies that have not "gone public"...
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