According to the latest data of China Futures Association, the transaction scale of China's futures market increased steadily in the first half of the year, and the awareness and internal demand of entities and financial institutions to hedge risks were significantly enhanced.
According to the data, from June/KLOC-0 to June, the national futures market had a cumulative turnover of 37 1 600 million lots, with a cumulative turnover of 286.33 trillion yuan, up by 47.37% and 73.05% respectively. Luo Xufeng, vice president of China Futures Association, said that the main reason for the overall increase in the rights and interests of China's futures market in the first half of this year was the release of water by global central banks, which led to a rapid doubling of the total amount of monetary funds in circulation, and correspondingly the total amount of deposits entering the futures market was also rising. In the first half of the year, the cumulative growth rate of GDP reached 12.7%. After excluding the base utility, the domestic economy as a whole rose steadily, and various financial institutions and asset management institutions actively used futures and derivatives tools for product design, further expanding the market scale.
By the end of May this year, 88 futures companies had set up 9/kloc-0 risk management subsidiaries, and the accumulated business income of risk management companies was100.873 billion yuan, a year-on-year increase of 42%. The accumulated net profit was 702 million yuan, a year-on-year increase of 56%.