CITIC (00267): CITIC Metal Co., Ltd (601061.SH) is conducting currency derivative hedging operations for the year 2025.
China CITIC Group (00267) announced that the company and its controlling subsidiaries are conducting currency derivative hedging transactions, with an expected...
CITIC (00267) announced that the company and its subsidiaries are engaging in currency derivative hedging activities. It is expected that the maximum net foreign exchange position held on any trading day will not exceed USD 2 billion or equivalent in foreign currency. The hedging activities will be matched with the import currency risk exposure, and can be used repeatedly within the specified period. The total transaction amount at any point during the period (including the related amount from the profits of the previous transactions) will not exceed the approved limit.
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