The Guangzhou Futures Exchange (GFEX) recently published its 2025 report on "Self-Regulatory Management," and the findings point to a commodities exchange that is both capable and willing to act against members involved in illicit behaviour. Known for specialising in materials critical to the green energy transition, GFEX has demonstrated that its "Tooth and Claw Regulation" approach is more than just a metaphor.
GFEX is an increasingly important trading hub for commodities, powering the technology sector and the global energy transition. It lists futures for lithium carbonate, industrial silicon, and polysilicon—the essential building blocks for electric vehicle batteries, solar panels, and semiconductors.
While the exchange supports China’s green economy, the report highlights a remarkably assertive enforcement culture designed to maintain market order. You can read the original report in Mandarin here.
The exchange is implementing a "zero tolerance" approach to rule breaches. For firms active in these markets, the followingdevelopments are particularly significant:
The "Tooth and Claw" rhetoric reflects a strict alignment with Chinese government principles regarding national economic stability. For international firms, this potentially means a heightened compliancerisk.
RegTrail provides comprehensive coverage of Chinese commodities exchanges, including GFEX, ensuring you stay ahead of these rapid regulatory shifts in the upstream sectors supporting green energy markets.