HKEX(HK:00388) news flash·2025-05-15 11:00Core Viewpoint - The Hong Kong Stock Exchange (HKEX) announced a joint statement from the People's Bank of China, the Hong Kong Securities and Futures Commission, and the Hong Kong Monetary Authority regarding the deepening of "Swap Connect" cooperation, aimed at enhancing the management of RMB interest rate risks for overseas investors [1] Group 1 - The Hong Kong OTC Clearing Limited, a subsidiary of HKEX, will collaborate with the China Foreign Exchange Trade System and the National Interbank Funding Center to enrich the product tenors and types under the "Swap Connect" framework [1] - The optimization measures include extending the interest rate swap contract tenors to 30 years, catering to the diverse risk management needs of market institutions [1] - The product spectrum will be expanded to include interest rate swap contracts referencing the Loan Prime Rate (LPR) [1]