Egg product pre-listing promotion & forum on new normal breeding section for investment opportunity sponsored by TME and China-Data was successfully held in Guangzhou on 12 Sep 2015.Local competent poultry enterprises, traders, and financial institutions came together, discussing about the plan on future development of the industry.
Amidst the promotion, experts from TME and China-Data made interpretations and illustrations of how to achieve a valid and efficient docking of egg products between futures market and spot market, and how to conduct a cross-market
transaction via TME’s trading platform. Moreover, Chairman Liu Angsheng introduced that as a spot trading platform, TME would follow new Futures Act, and bring in different trading modes involving forwards, swaps, options and swaps related transactions to make up for the intermediate links between the traditional spot market and the futures one. Huang Jinwen, CEO of China-Data, insisted that with the development of the breeding industry in China, the egg market itself would undergo a process of centralization and integration, during which the relevant enterprises and institutions would be in need of financial derivatives to avert possible risks. During the promotion, representatives from the leading enterprises and traders engaged in spot egg deals such as Guangzhou Huaming, Northeast Feilong, Sheng Yao, Peng Ying, Xiang Sheng, and Lin Fa respectively delivered their point of views on prospective market and subsequent investment opportunities. In the last, Chairman Liu and CEO Huang awarded custom-built plates of TME’s designated egg delivery spot to the elected institutions.
As scheduled, a listing and trading ceremony of the egg product is to be held on 15 September, 2015.