BEIJING, Aug 20, 2022 (WAM) — Chinese futures firms witnessed solid asset growth in the first half of 2022, according to data from the China Futures Association.

By the end of June, total assets of Chinese futures firms rose 14.5% from the level six months ago to reach 1.58 trillion yuan (about $232.13 billion), while net assets rose 8.61% to 175.3 billion. I have reached the original. , report.

In the first half of this year, revenue from brokerage services of futures companies reached 12.17 billion yuan, and revenue from wealth management services reached 519 million yuan. They managed 1,848 wealth management products with a scale of 344.49 billion yuan.

According to the association, the total trading volume of China’s futures market was about 3.05 billion lots in the period from January to June, with a total trading volume of 257.48 trillion yuan.

WAM/Amjad Saleh/Hazem Hussain

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