China Securities Regulator Approves Registration Of Lithium Carbonate Futures And Options
Portfolio Pulse from Charles Gross
China's securities regulator has approved the registration of futures and options for lithium carbonate, a key component in electric vehicle batteries.

July 07, 2023 | 11:32 am
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The approval of lithium carbonate futures and options in China could impact the iShares China Large-Cap ETF (FXI), as it may influence the value of companies within the ETF that are involved in the EV industry.
The approval of futures and options for lithium carbonate in China could potentially increase the value of companies within the FXI ETF that are involved in the EV industry, as it provides a new avenue for managing risk and speculation in the lithium market. This could lead to increased investor interest in these companies, potentially driving up the value of the ETF in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70