Chinese companies rush for hedging as market volatilities spike

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

SHANGHAI : 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 ris

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

That brings the number of listed firms that announced hedging arrangements in the first half to more than 1,000, almost matching last year's total of 1,133, according to risk-management consultancy D-Union. He added that China's more stringent disclosure rules around hedging could also contribute to the record quarterly number.

The yuan broke the psychologically important 7-per-dollar level in May, then slumped more than 5 per cent against the greenback in the second quarter amid China's flagging post-COVID recovery.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 6. in İD

Indonesia Berita Terbaru, Indonesia Berita utama