HEADLINE China launches crude oil futures trading

HEADLINE

China launches crude oil futures trading

People's Daily app

09:26, March 26, 2018

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(Photo: VCG)

China on Monday launched trading of the yuan-denominated crude oil futures contracts at the Shanghai International Energy Exchange, which is the first futures listed on China's mainland to overseas investors.

Liu Shiyu, chief of China Securities Regulatory Commission, said the securities regulator is confident in the success of the crude oil futures market with Chinese characteristics. 

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