外汇互换

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FORTIOR拟使用最高不超15亿元或等值外币开展外汇套期保值业务
Ge Long Hui· 2025-08-19 15:45
Core Viewpoint - Fortior (01304.HK) plans to utilize a maximum amount of RMB 1.5 billion or equivalent foreign currency for foreign exchange hedging activities, including various derivatives [1] Group 1 - The company intends to engage in foreign exchange hedging activities to meet operational and business needs [1] - The hedging activities will include forward foreign exchange settlement, foreign exchange swaps, foreign exchange futures, foreign exchange options, and other foreign exchange derivatives [1] - The usage period for the aforementioned amount is within 12 months from the date of approval by the company's shareholders' meeting, with funds being able to be rolled over within this limit and timeframe [1]
FORTIOR(01304.HK)拟使用最高不超15亿元或等值外币开展外汇套期保值业务
Ge Long Hui· 2025-08-19 14:13
格隆汇8月19日丨FORTIOR(01304.HK)公告,峰岹科技(深圳)股份有限公司(以下简称"公司")及子公司基 于经营和业务的需要,拟使用最高额度不超过人民币15亿元或等值外币开展外汇套期保值业务,主要包 括远期结售汇、外汇互换、外汇期货、外汇期权业务及其他外汇衍生产品等业务。上述额度使用期限为 自公司股东大会审议通过日起12个月内,在上述额度及期限内,资金可循环滚动使用。 ...
国际清算银行:2025年度经济报告(英文版)
Sou Hu Cai Jing· 2025-07-08 03:52
Group 1 - The global economy is facing uncertainty and fragmentation challenges, with growth forecasts being revised down due to increased trade policy uncertainty and tariff announcements [1][26][30] - Structural vulnerabilities include low productivity growth, high public debt levels, and increased reliance on non-bank financial institutions (NBFIs) [1][37][42] - The financial system is undergoing significant changes, with a shift from bank lending to government bond markets and NBFIs playing a larger role in cross-border transactions [2][48][50] Group 2 - The next-generation monetary and financial system is focusing on tokenization, which aims to integrate financial assets and transaction rules on a programmable platform [2][55][58] - Stablecoins are growing but fail to meet key monetary criteria, limiting their role in the monetary system [2][57] - Central banks are expected to play a catalytic role in driving innovation while maintaining trust in the monetary system [2][59]
京泉华: 外汇套期保值业务管理制度
Zheng Quan Zhi Xing· 2025-06-13 13:52
Core Viewpoint - The document outlines the foreign exchange hedging management system of Shenzhen Jingquan Technology Co., Ltd., aiming to standardize the hedging operations, enhance risk management, and ensure asset safety in compliance with relevant laws and regulations [1][2]. Group 1: General Principles - The foreign exchange hedging business includes various instruments such as forward foreign exchange contracts, foreign exchange swaps, and options, among others [1]. - The system applies to the company and its wholly-owned and controlled subsidiaries, prohibiting subsidiaries from engaging in hedging activities without company consent [2]. Group 2: Operational Principles - The company must conduct hedging activities based on legitimate, prudent, safe, and effective principles, focusing on risk avoidance rather than speculative trading [2]. - Transactions are only permitted with financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China [2]. - The company must establish its own hedging accounts and cannot use third-party accounts for these transactions [2]. Group 3: Approval Authority - Specific approval thresholds are set for hedging activities, including a maximum transaction margin exceeding 50% of the latest audited net profit and a maximum contract value exceeding 50% of the latest audited net assets [5]. - All hedging activities must be reported to the company's chairman for approval, as subsidiary heads do not have final approval authority [6]. Group 4: Business Management Process - The board of directors and authorized personnel are responsible for decision-making regarding hedging activities, with a dedicated working group managing daily operations [6][7]. - The finance department is tasked with the feasibility analysis, implementation plans, and ongoing management of hedging activities [7]. - An internal audit department oversees the actual operations and compliance with risk management policies [7]. Group 5: Information Disclosure - The company is required to disclose information related to its hedging activities in accordance with regulations from the China Securities Regulatory Commission and the Shenzhen Stock Exchange [10]. - Significant risks or losses must be reported immediately if they reach 10% of the latest audited net profit or exceed 10 million RMB [10]. Group 6: Internal Risk Management - The company must adhere to national laws and regulations, establish a warning system for positions, and ensure accurate and timely recording of transactions [9][10]. - In case of significant exchange rate fluctuations, the finance department must analyze the situation and report to the working group and chairman [10]. Group 7: Miscellaneous - The management system is effective from the date of board resolution and is subject to revisions as necessary [11].