Business profile and potential spillover risks in the case of Evergrande are very different from those in Western countries, she said, adding that the company has few derivative financial products and its total liabilities account for a low percentage of China's overall bank loans.

她说，恒大的业务状况和潜在的溢出风险与西方国家非常不同，并补充说，该公司几乎没有衍生金融产品，其总负债在中国银行贷款总额中所占比例很低。

The petrochemical complex includes a 1.2 mtpa cracker, a new 500ktpa high-density polyethylene plant to produce INEOS pipe grade under license and 11 other derivative units.

该石化综合设施包括一个120万吨/年裂解器、一个新的50万吨/年高密度聚乙烯装置和11个其他衍生装置，该装置可在许可证下生产INEOS管道级产品。

This year, the local tourism bureau will support industrial players to develop new tourism derivative products and strengthen interactions with related sectors.

今年，当地旅游局将支持行业参与者开发新的旅游衍生产品，并加强与相关部门的互动。

Since its foundation in 2015, CUSC has always focused on the Internet of Vehicles and has developed three major business segments: Internet of vehicles connectivity, IoV operation, and innovative applications for the evolving demand of IoT and derivative business.

自2015年成立以来，CUSC一直专注于车联网，并发展了三大业务板块：车联网连接、IoV运营和创新应用，以满足物联网和衍生业务不断发展的需求。

Besides coffee and other beverages, the cafe also provides derivative products such as cups, shirts, caps and bags.

Thus, it can utilize its customer base to expand into other derivative businesses. "

It sold business-class flight tickets with 80 percent off, and some derivative products the airline developed by itself.

Apart from the toys, more derivative content such as short videos and comics will be launched.

Wu Xiaoyan, a researcher from Qianzhan Industry Research Institute, said game companions are a derivative industry of the gaming sector, which helps lower the skill barriers for novice players allowing them to enjoy the games.

Hong Kong Exchanges and Clearing Limited (HKEX) announced on Wednesday that Alibaba Futures and Options are set to be introduced on Nov 26, informing issuers that they can list derivative warrants on Alibaba shares when the shares debut on HKEX's securities market.

Besides the Taycan, he said the Cross Turismo, the first derivative of the Taycan, will be launched in 2020, and the new generation of the Macan will be purely electric as well.

In addition to growing trading volumes, issuers of CDRs and GDRs can also benefit from the branding and marketing impact, said Jason Lui, head of Asia Pacific equity derivative strategy at BNP Paribas.

"Based on our key copyrighted games, such as Mengjianji, Perfect World will develop more derivative works in the form of TV dramas, movies, comics and novels in the future.

"It's not rental that we put emphasis on, but services, derivative products, investment and community construction that matter really," he said.

HG Entertainment is the sixth Hengdian Group-controlled company to aim for listing, following Apeloa Pharmaceutical Co Ltd and Nanhua Futures Co Ltd. HG Entertainment is involved in movie screening, distribution and other derivative businesses.

Mark Tucker, chairman of HSBC Holdings, said China's stock connect programs and the development of its derivative markets were all conducive to the entry of more foreign investors.

In its current phase, China's national carbon market only supports spot trading of CEAs, but as the market expands to include other entities — in particular, financial institutions — it is likely that a greater variety of products will be available, which could potentially include derivative products.

Greater efforts will also be made to roll out derivative products.

Carbon futures as well as other derivative contracts have been introduced in some other carbon markets.

Derivative contracts provide important signals on the supply and demand of carbon allowances through price trends, helping businesses and policymakers understand the true costs of climate change.

After Biden took office, he convinced the US Court of International Trade to declare Section 232 steel and aluminum tariffs on "derivative" products invalid, and his administration has emphasized the core and key areas of supply chain security.

During Spring Festival, China's Lunar New Year holiday, luxury brands usually launch products that feature the Chinese Zodiac and color red, and they tend to release derivative products such as red envelopes.

Qiu Wei, director of the software and information services division of the Shanghai Municipal Commission of Economy and Informatization, said an ecosystem combining online entertainment, fashion, culture, tourism and other derivative projects is likely to be incubated with the help of Bilibili.

Hydrogen use in shipping, mostly as derivative fuels such as ammonia and methanol, is expected to start in the late 2030s and reach annual consumption of 5 million tons in 2050, it said.

The list included laser cutting equipment, FIFA World Cup derivative products, camping tents, electric bicycles, false eyelashes and self-adhesive nail stickers, household solar energy systems, electrothermal pads, prefabricated houses and wall-mounted charging equipment.

Like Liao, many individual coffee planters in Yunnan have developed derivative businesses and travel products related to coffee.

In addition, since the outbreak of the pandemic, a growing number of domestic carriers have been holding livestreaming sessions to sell flight tickets, tourism packages, derivative products and cosmetics, as they aim to hedge against declining passenger numbers and gain additional revenue.

The center has developed more than 50 derivative products related to rosa roxburghii, including sugar-free beverages, alcohol and vinegar.

"In recent years, with rises in China's per capita disposable income and consumption upgrades, the country's pet grooming market has become a relatively mature and robust derivative sector.

Moreover, they regard pets as family members rather than accessories－a characteristic that could stimulate more spending on derivative services," it added.

"For the Beijing Winter Games, selling mascot toys and some derivative products serves as a common way to develop the commercial value of mascots.

Thus, it can utilize its customer base to expand into other derivative businesses.

Tencent said it would launch two new untitled derivative games, expanding the Honor of Kings world from multiplayer online battle arena into two more unspecified genres.

It will soon launch its official store on Tmall, and offer a group of new products such as tea gift boxes, juices, yogurt, biscuits, coupons, and some other cultural derivative products.

The China Securities Regulatory Commission officially approved the launch of hog futures on Friday by the Dalian Commodity Exchange, making it the first live delivery derivative to be listed in China's futures market.

Based on its unique geographical advantages, the Zhejiang FTZ's future growth will be underpinned by entire oil and gas industrial chain, comprehensive range of financial services and mature derivative trading platforms.

So far, more than 1,600 licensed derivative products have been launched in the domestic market.

There is another 1.8 million yuan lost in sales of food, beverages, and film derivative products, and roughly 1.2 million yuan in losses from advertisements," Wang said.

"Looking ahead, the future esports industry will be able to boost the development of various sectors, such as the esports themed online dramas and other derivative products. "

The firm has developed derivative products and more learning services.

Haagen-Dazs has also launched derivative products like cakes, beverages and tableware.

"On the one hand, we will introduce games based on globally influential intellectual property works, such as Games of Thrones, to cater to those who love intellectual property-related derivative works.

As much as 70 percent of non box-office revenue of animation or sci-fi film derivative business may come from the local market, with the rest flowing in from overseas markets like the US.

"China's film derivative market still needs time to evolve.

"Driven by their love for great copyrighted cultural products, users will want to experience related derivative products in a wide range of forms, including games, movies and TV dramas," Wang added.

Among a wide range of derivative works, online literature is contributing greatly to digital business.

And Perfect World Co Ltd will develop more derivative works in the form of TV dramas, movies, animation and novels in the future," Tong added.

StarMoly, another IP developer that owns the IP rights to more than 30 emoji symbols, including Moer the raccoon, Quby the baby, Waang the egg and Xiao the cat, has developed its own derivative products including smartphone cases, coin purses and books.

"Driven by the love for great copyrighted cultural products, netizens will be willing to experience related derivative works, among which games will be suitable carriers.

In addition, with the mascot "Xiao Hu "as the prototype, the related derivative products will also be unveiled during the summit.

Car models produced will remain unchanged, including Model 3, Model Y and related derivative models.

The next one will be Taycan's Cross Turismo derivative.

As it pushes forward with the plan, which includes rolling out 18 all-new or derivative models by 2025, Chinese customers are to have more choices from the carmaker.

The BMW i Vision Dynamics' massive production derivative, namely BMW i4, is set to be produced in the company's Munich plant, with its fifth-generation electric drivetrain and the latest battery technologies that are expected to extend the driving range of fully electric models to 700 kilometers.

In addition, Migu will boost the development and sales of derivative products related to the cultural and creative industry in cooperation with major museums across the nation and e-commerce platforms, such as Alibaba's Taobao, Pinduoduo and Suning.

Su's company is currently responsible for the development of derivative products of the short-video series Dragon Family, a comedy about the daily life of a dragon father, human mother and half-dragon son that has garnered about 30 million fans across all platforms.

"Such a quick product launch is faster than the average in the IP derivative development industry.

Further defensive actions that may be taken soon include cutting foreign exchange deposit RRRs to boost foreign exchange liquidity and imposing a reserve requirement for foreign exchange derivative sales, said Louise Loo, lead economist at Oxford Economics.

Over the past two years, CCB has paid close attention to Credit Suisse's massive derivative losses and the US Federal Reserve rate hikes.

Even from an indirect or derivative perspective, the impact on the banking group is also very limited, he said.

Credit Suisse's one-year credit default swaps — the derivative showing the cost of insuring its bonds against default — surged to 1,000 basis points on Wednesday, similar to levels seen during the 2008 financial crisis and an indication that the bank is in deep financial distress.

Tao Xin, a partner at PwC China, said banks should pay particular attention to the asset categories and corresponding business types that undergo significant changes under the new regulations, such as real estate development loans and mortgage loans, interbank and financial market businesses, asset securitization, asset management products and derivative transactions.

Overseas institutions will be allowed to conduct foreign exchange derivative transactions to manage exchange rate risks, and funds raised through bond issuance can be kept in China or remitted overseas.

Regulators call for banks' derivative offerings to back small and micro bizFinancial institutions should optimize their products and services to help trade companies better hedge against foreign exchange risks and facilitate the use of the renminbi in cross-border settlements, China's three government departments said in a joint notice.

Released on Thursday by the Ministry of Commerce, the People's Bank of China and the State Administration of Foreign Exchange, the notice stated that small and medium-sized banks should launch more renminbi derivative products to meet companies' differentiated demand for hedging opportunities against foreign exchange risks.

In April, its Zhejiang branch started to use the derivative quota under the government financing guarantee to replace cash margin.

The China Foreign Exchange Trade System, whose physical operation is located in Shanghai, has exempted small and micro enterprises from all the commissions in foreign exchange derivative trading, Guan said.

The futures and derivative markets will thus give full play to their function of price discovery, risk management and resources allocation, which should spur the real economy, he said.

Different from the administrative or department regulations implemented in the past, the new law clarifies for the first time the basic rules for futures and derivative trading from the legal perspective.

It has provided a legal framework and systematic arrangement for the healthy development of the futures and derivative markets, said Yu Hongzheng, partner of JunZeJun Law Offices.

The inclusion of derivative trading is a highlight of the futures and derivatives law, said Li Yating, vice-general manager of COFCO Futures.

By referring to widely adopted international practices in futures and derivative trading, the new law aims at creating a more efficient, equal, transparent and system-based environment, said Hou Xinqiang, general manager of Jinrui Futures.

China will come up related legislation to improve supervision over derivative trading, said Zang Tiewei, spokesperson of the National People's Congress Standing Committee's Legislative Affairs Commission, at a news conference on Thursday.

No less than 80 percent of the funds raised for the product will be invested in fixed income assets, while the rest will be invested in equity assets and derivative financial instruments.

In the meantime, the number and type of foreign exchange derivative counterparties of foreign institutions will not be limited.

"We expect China to further open up access－in particular, to interest rate derivatives, foreign exchange derivatives and the credit derivative market, in order to enhance risk management ability of offshore bond investors," said Liu Linan, a strategist with Deutsche Bank.

Effective Nov 1, commodity futures, commodity options and stock index options have been added as derivatives accessible to offshore investors under the qualified foreign institutional investor program, while the Hong Kong bourse has launched its first A-share derivative product in October.

Hong Kong's first A-share derivative product made its debut on Monday, further cementing Hong Kong as an international hub for managing financial risk.

As a financial derivative product that is highly correlated to a major A-share index, MSCI China A 50 Connect Index Futures provides an efficient risk management tool for international investors to manage A-share exposure.

"This new financial derivative product enables investors to enhance clarity and transparency in the investment process.

We believe the product launch can facilitate the development of the ecosystem of financial derivative products in Asia, and bolster Hong Kong's status as a global financial risk management hub," Fernandez added.

"This A-share derivative product is essentially useful for large institutional investors such as mutual fund companies and exchange-traded fund managers in Hong Kong to hedge the volatility of the onshore A-share market," said Billy Mak Sui-choi, associate professor at Hong Kong Baptist University's Department of Finance and Decision Sciences.

With such an A-share financial derivative tool being accessible, this can fortify the risk management function of the Hong Kong financial market which can in turn consolidate the city as the premier asset management center in the Asia-Pacific region, Mak told China Daily.

Options, which are financial instruments that are derivatives based on the value of underlying securities, would enrich China's derivative product portfolio and provide overseas investors more access to the Chinese capital market, said experts.

In recent times, China has progressed rapidly in its efforts to open up its derivative market to international investors.

Ouyang Xiuzhang, CEO of Freepoint Commodities in Asia, pointed out that the launch of crude oil options is indispensable to make China's energy derivative system world-class.

Moreover, the commission will firmly crack down on illegal public offerings of securities, prevent risks related to financial derivative investment and remain alert to Ponzi schemes, a kind of investment fraud that promises high returns with minimal risk, which could be disguised as financial technology, Guo said.

A prosperous Chinese derivative market will be highly dependent on the close-out netting rules and the legal certainty regarding execution, he said.

China's first live delivery derivative - live hog futures - started trading Friday at the Dalian Commodity Exchange in Dalian, Northeast China's Liaoning province.

"Nationally franchised banks, such as Postal Savings Bank and China Everbright Bank are candidates for D-SIB designation because they are likely to be on a shortlist of 30 candidate banks whose assets, as measured by the sum of a bank's on- and off-balance-sheet and derivative exposures, make them eligible," said Nicholas Zhu, a senior credit officer with Moody's.

Investors and asset managers can use it numerous ways, including in product launches, derivative contracts and traditional benchmarking," Berkley said.

In this regard, the stock exchange and derivative market in Shanghai should be better integrated into the world capital market so that investors worldwide can have access to the increasingly opened Chinese market, he suggested.

"The exchange has previously noted the complexity of developing a financial derivative based on a live animal, particularly in a market where small-scale farming is still widespread and where there is little uniformity of breeds or farming practices.

The move by the regulators will give them more tools to manage their bond holdings amid the low interest rate environment and will help promote a healthy development of the country's bond derivative market, according to a recent joint statement by the central bank, the Ministry of Finance and the securities, banking and insurance regulators.

"I think what is welcome is the continued ability to allow investors to innovate in terms of hedging tools and derivative trading.

Measures are also being studied to discourage companies from investing in sophisticated foreign exchange derivative products that are beyond their professional capabilities, according to Sun.

Government departments, including the central bank and other financial regulators, should build a mechanism under which they can share data related to international balance of payments, foreign investment in domestic bonds, stocks and derivative markets, as well as information about commercial banks' foreign exchange risk regulation and monitoring indicators (such as cumulative foreign exchange exposure and foreign exchange liquidity), Sun said.

Trading in China's first stock index options started on the China Financial Futures Exchange in Shanghai on Monday, further enriching the derivative products in the market and offering more risk hedging tools for investors.

Monday's listing of the new products highlighted the steady development of China's financial derivative market since the country first introduced stock index futures in 2010.

Analysts at Industrial Futures Co Ltd said in a research note that Monday's listing is an indication that China's financial derivative market has entered a new stage and investors could obtain more risk hedging tools and risk management services which will substantially boost their long-term confidence in the nation's stock markets.