Commodities Explained: Metals trading in China

Commodities Explained: Metals trading in China
Chinese futures Chinese companies and funds as well as foreign Chinese companies which have wholly-owned subsidiaries in China can also trade on the exchange through domestic brokers. Chinese smelters use the SHFE price as a basis to sell material to end users.
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GF Securities Jumps 42% in Trading Debut
HONG KONG—GF Securities Co., the Chinese brokerage that raised billions in Asia's largest float this year, soared on its debut Friday, benefiting from the mainland stock boom and Hong Kong's stock rally. Shares in GF Securities surged as much as 42% …
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Survey finds benefit to using Chinese currency in US-China trade
U.S. Chinese companies trading with China might find advantages using China's currency to complete their transactions, HSBC's top Buffalo-based executive said. Kevin B. Quinn, senior vice president and head of corporate banking for HSBC in upstate New York, …
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