The system will be launched after required approvals from China’s regulatory agencies, the exchange said on Monday August 31 afternoon.
The bourse will seek the opinions of dealer members and authorised agencies before deciding the timeline for the launch.
Many market participants had anticipated the delay amid mounting investors’ concerns over Fanya.
Investors have expressed concern in recent months that they may lose billions of dollars because of their investments in Fanya, a domestic trading platform that trades and stockpiles minor metals, including indium, bismuth and germanium.
It is reported...
