Since June 0, 20 16, when RMB was formally included in a basket of currencies of the International Monetary Fund, the China government has been actively promoting the internationalization of RMB. After a series of efforts, the RMB has been accepted by the vast areas, and the oil futures settled in RMB have also increased. Over time, I believe that RMB will have the same status as American and European dollars in international economic affairs.

What is the impact of RMB internationalization on the securities industry?

With the gradual deepening of RMB internationalization, it will attract more international funds to enter the China market. As investors, the most common and familiar stocks will attract most of them. Outstanding stocks will be favored by international capital, and major blue-chip stocks will directly benefit from the benefits brought by RMB internationalization. Benefiting China's economy will also bring better development opportunities to listed companies, thus promoting the further development of the stock market. In addition, the internationalization of RMB will significantly enhance the liquidity of the stock market.

With the full internationalization of RMB, China stock market will also usher in a huge leap.