北大汇丰中国商品期货指数（PHCCI）说明.docVIP

Introduction of PKU HSBC Chinese Commodity Futures Index (PHCCI) Financial Indices Lab HSBC Financial Research Institute at Peking University August 31, 2010 China has established a comprehensive commodity futures market with 23 commodity futures and 3 exchanges at Shanghai, Zhengzhou and Dalian. The total trading volume in the market ranks at the second in the world. However, there exists no well-recognized real-time commodity futures index for the traders to use. This severely hinders the further growth of commodity futures market in China. The PKU HSBC Chinese Commodity Futures Index, a