Recently, the RMB exchange rate against the US dollar has continued to strengthen, and after a lapse of more than a year, it is once again approaching the 7.0 important mark. Wind data shows that on December 10, the onshore RMB exchange rate hit an intraday high of 7.0603, a new high since October 2024. Faced with the uncertainty of exchange rate risk, the choice of hedging by listed companies has become a common risk management strategy. Recently, a number of A-share companies involved in overseas business have disclosed foreign exchange hedging amounts, and the total amount has increased dramatically. Among them, China Shipping announced on December 9 that it will launch futures and derivatives trading business in 2026. The new transaction amount is not expected to exceed 24 billion US dollars, and the maximum contract value held on any trading day will not exceed 51 billion US dollars. According to incomplete statistics, more than 30 A-share companies have issued announcements since December to launch foreign exchange hedging services to avoid the risks caused by fluctuations in the foreign exchange market. Industry insiders analyzed that in the current context of exchange rate fluctuations, many foreign trade enterprises are worried that the amount of foreign exchange payments and settlements in export business will shrink, eroding the profits of enterprises. Judging from the goals of listed companies participating in hedging, hedging exchange rate risks is the primary requirement.

Recently, the RMB exchange rate against the US dollar has continued to strengthen, and after a lapse of more than a year, it is once again approaching the 7.0 important mark. Wind data shows that on December 10, the onshore RMB exchange rate hit an intraday high of 7.0603, a new high since October 2024. Faced with the uncertainty of exchange rate risk, the choice of hedging by listed companies has become a common risk management strategy. Recently, a number of A-share companies involved in overseas business have disclosed foreign exchange hedging amounts, and the total amount has increased dramatically. Among them, China Shipping announced on December 9 that it will launch futures and derivatives trading business in 2026. The new transaction amount is not expected to exceed 24 billion US dollars, and the maximum contract value held on any trading day will not exceed 51 billion US dollars. According to incomplete statistics, more than 30 A-share companies have issued announcements since December to launch foreign exchange hedging services to avoid the risks caused by fluctuations in the foreign exchange market. Industry insiders analyzed that in the current context of exchange rate fluctuations, many foreign trade enterprises are worried that the amount of foreign exchange payments and settlements in export business will shrink, eroding the profits of enterprises. Judging from the goals of listed companies participating in hedging, hedging exchange rate risks is the primary requirement.