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Are there any state-owned real estate stock index futures in China? If the spot investment purchase funds are accumulated in financial products, isn't this beneficial to the country and the people?
1 China only has stock index futures, but there is no real estate stock index futures.

The main purpose of the national futures market is to facilitate the major physical spot manufacturers to hedge the spot price risk.

At present, real estate is a unilateral market, not a completely competitive market. In economics, this is not an efficient market. It has been rising for more than ten years and has not fallen. Therefore, there is no need to open futures to hedge the spot risk, and it is useless to open futures.