China will encourage listing of leading futures firms, to issue futures law

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BEIJING : China will help leading futures companies to speed up their development and encourage qualified firms to be listed, the China Futures Association said in a statement, citing an official from the securities regulator. Authorities would support futures companies to widen and diversify their financ

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BEIJING : China will help leading futures companies to speed up their development and encourage qualified firms to be listed, the China Futures Association said in a statement, citing an official from the securities regulator.

Leading futures firms should"make due contributions" to ensure China's energy and mineral security, Fang said. The regulator will further support the development of futures risk management companies and to steadily expand traders groups, according to the association.

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