Qilu Evening News·Qilu One Point Reporter Zhao Bo Correspondent Zhang Mao
On July 24, Shandong Gangxin Futures Co., Ltd., the 150th futures company in the country, officially opened. The China Securities Regulatory Commission "opened the gate" for the first time after more than 20 years, achieving a zero breakthrough for Qingdao's legal futures company.
It is understood that most of the 149 existing futures companies in China were established in the last century. In the past 20 years, except for a small number of futures companies that have changed their company names due to equity changes, the China Securities Regulatory Commission has not approved the establishment of a futures company. The establishment and opening of Hong Kong Credit Futures is the first "opening" for the China Securities Regulatory Commission after more than 20 years.
Hong Kongxin Futures was jointly invested and established by Qingdao Port (Group) Co., Ltd., Qingdao Guoxin Financial Holdings Co., Ltd. and Qingdao SCO Development Group Co., Ltd. with a registered capital of 1 billion yuan. It is an important achievement of Shandong's port integration reform and development.
At present, Shandong ports have the first delivery capacity among China's ports, covering non-standard warehouse receipts, quasi-standard warehouse receipts, and standard warehouse receipts. The storage area of the warehouse yard is about 30 million square meters, the dry bulk cargo storage capacity exceeds 120 million tons, and the oil tank capacity is more than 15 million cubic meters. At present, it has cooperated with Dalian Commodity Exchange, Shanghai Futures Exchange, and Shanghai International Energy Exchange to become a designated delivery database for 13 varieties, including iron ore, coking coal, coke, natural rubber, No. 20 rubber, yellow soybean No. 2, corn starch, bonded crude oil, and pulp. It is the futures delivery database cluster with the most delivery varieties and the largest delivery volume among domestic ports.
This financial license will bring more significant advantages to Shandong Port. Shandong Port is located at the intersection of sea and land between the "Belt and Road" and the dual nodes of "two-way mutual assistance between the east and west, and the linkage between land and sea, and domestic and foreign". It is a powerful measure for Shandong Port to innovate the supply chain financial service model, and is of great significance to accelerating the construction of a comprehensive port and shipping financial service system radiating to Northeast Asia and building an internationally leading financial and trade port. At the same time, we will support Qingdao to give full play to its port advantages, help enhance Qingdao's comprehensive international trade strength and core competitiveness, and then contribute to the expansion of two-way opening of the futures market at the national strategic level, competing for commodity pricing rights, and promoting the internationalization of the RMB.
Relying on Shandong Port's advantages in industry, delivery, supply chain finance, financial technology, etc., Hong Kong Credit Futures has unique advantages in business development. As the controlling shareholder, Shandong Port Qingdao Port initiated the establishment of a legal futures company, which can effectively leverage industrial advantages, actively attract and guide high-quality industrial customers to participate in the futures market, and better promote the integrated development of the futures market and the real economy. At the same time, the establishment and opening of Hong Kong Xin Futures in Qingdao will directly obtain national strategic empowerment such as Qingdao Wealth Management Financial Comprehensive Reform Pilot Zone, SCO Demonstration Zone and Shandong Free Trade Zone, gather policy advantages and industry advantages, extend the port industry value chain, and open up broad space for the high-quality and rapid development of Hong Kong Xin Futures.