Southeast Asia Information Port News (www.dnyxxg.com) – HSBC Bank (China) Limited (hereinafter referred to as "HSBC China") announced on the 9th that, as the Qualified Foreign Institutional Investor (QFI) custodian bank, it has successfully assisted an overseas asset management institution in completing the first QFI commodity futures transaction in the domestic market using Chinese government bonds as margin.
In this transaction, the overseas investor used its holdings of government bonds in the Chinese interbank bond market as margin for domestic commodity futures trading, improving the overall efficiency of its bond holdings.
Zhang Jinqiu, Vice President and Co-Head of Capital Markets and Securities Services at HSBC China, stated that this first instance of an overseas investor using government bonds as margin for commodity futures trading through the QFI channel represents the latest practice in the "interconnectivity" between the bond and futures market infrastructures, providing a replicable path for more overseas investors to participate in the domestic commodity futures market.
"Using government bonds as margin for commodity futures not only provides overseas investors with a more efficient channel for capital utilization, but also further enriches the application scenarios of government bonds through cross-market collaboration," said Zhang Jinqiu. He added that with the continuous acceleration of the construction of a multi-tiered capital market system, the attractiveness and influence of China's capital market are constantly increasing, attracting more high-quality foreign capital to participate more deeply. (End)
