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China s securities regulator approves crude- and palm-oil trading
Xinhua
29 May 2021, 03:18 GMT+10
BEIJING, May 28 (Xinhua) The China Securities Regulatory Commission (CSRC) has given the green light to the trading of crude oil and palm oil options and approved the introduction of overseas investors in the trading, according to a CSRC announcement on Friday. Crude-oil trading will launch on the Shanghai International Energy Exchange starting from June 21. Palm-oil trading, in turn, will launch on the Dalian Commodity Exchange on June 18. Crude oil and palm oil are substantive bulk commodities. Since the listing of relevant futures contracts, the market has been generally stable, with extensive industrial customer participation, the CSRC said.
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SOURCE / ECONOMY By Global Times Published: Mar 08, 2021 05:13 PM
People walk outside the headquarters of the China Securities Regulatory Commission in Beijing. File photo: VCG
The Supreme People s Court said on Monday that it will severely punish crimes such as insider trading of company stocks, and have zero tolerance for crimes and irregularities in the capital market.
Chief Justice Zhou Qiang said the courts in 2020 severely dealt with on crimes such as manipulative activity in the securities and futures market, insider trading, underground money banks and money laundering, and the courts also severely cracked down on debt evasion, in a bid to maintain financial market order and curb financial sector risks.