Before its establishment, there was a long-term debate in China about whether to engage in financial futures. It was not until Singapore had to set up the China A-share financial index that the management finally made a decision. And the speed is rare!

In other words, the establishment of Shanghai Financial Futures Exchange is purely for the introduction of stock index futures! Of course, the variety will definitely increase in the future. After the official launch, the China stock market will take the Shanghai and Shenzhen 300 Index as the direction, and the role of the Shanghai Composite Index is no longer obvious!

As for why we were nervous when Singapore launched the A-share index, there were historical reasons, which involved two other foreign indexes they launched. The description is quite complicated. If you really want to know, please send me a message.