Using CDS to Optimize the Lever Structure to Reduce Financial Risks

- Jan 11, 2017-

November 10, the two re-issued a joint announcement of the CSRC announced the preparation is completed, the decision to approve the exchange and clearing institutions officially launched in Shanghai and Hong Kong. Shanghai and Hong Kong stock trading was on November 17 officially began.

From the announcement of the pilot to the official launch, which lasted only 7 months time. As of November 21, Shanghai and Hong Kong total turnover of 29.101 billion yuan, Shanghai stock turnover totaled 25.231 billion yuan, the net purchase of 23.64 billion yuan; Hong Kong stocks through the cumulative turnover of 3.87 billion yuan, the net buy Into the 2,928,000,000 yuan.