China to launch blue-chip stock options: official

The Shanghai Stock Exchange (SSE) is planning to launch equity options for blue-chip stocks this year, in a bid to provide more hedging tools for institutional investors, the exchange chief said.

“We are planning to launch individual stock options this year,” SSE chairman Gui Minjie told reporters at a press conference held on the sidelines of China’s parliament.

He said options trading would begin with simulated deals and then proceed to real trading to be launched once regulations are completed.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1185296/china-launch-blue-chip-stock-options-official