Goldman Sachs plans to start offering equity derivatives on Chinese A shares after regulators gave it the green light to trade the underlying stocks last week. The renminbi-denominated A share market opened to qualified foreign investors last month, with Citigroup, Morgan Stanley, Nomura Securities and UBS receiving the first licenses (DW, 6/16). "It's an exciting first start, everyone knows this will be a huge business," said an official at Goldman. He added that while the firm was given permission to enter the market it is still discussing its initial investment quota with regulators, which may be up to USD300 million.
Goldman Readies China 'A' Share Debut
