Chinese companies rush for hedging as market volatilities spike

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Chinese listed firms are embracing hedging at a record pace, according to consultancy data, as market volatility rises and China grows its derivative market.

During the April-June period, more than 120 China-listed companies in non-financial sectors unveiled plans for the first time to hedge risk using tools such as options and futures, the most for any quarter.

"The popularity of hedging is due to rising uncertainties including foreign exchange risks," said D-Union CEO Ma Weifeng.

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