Morgan Stanley Futures Pan Feng: Overseas institutions have initiated government bond futures investment and hedging registration.

Pan Feng, Chairman and General Manager of JPMorgan Chase Futures, stated in an interview with Securities Times that the participation of QFII in government bond futures is a key step in the internationalization of financial futures. Overseas central banks, sovereign wealth funds, pension funds, and other long-term funds have a strong willingness to allocate government bond futures, viewing them as safe and stable asset allocation and hedging tools. Currently, multiple overseas institutions have initiated investment plans and hedge filing, and she also called for the acceleration of the pilot project for overseas brokerage business.