Hong Kong Exchanges and Clearing Limited (00388): In March, the nominal amount of interbank cleared transactions reached a record high of 820.8 billion yuan.

On April 2nd, HKEX (00388) announced that in the first quarter of 2026, its OTC clearing company (OTC Clear) and InterContinental Exchange (ICE) saw a record high in clearing volume. The clearing volume for cross-currency swaps reached $42.5 billion, while the clearing volume for ICE reached 1.77 trillion RMB. In March of this year, ICE completed over 1,461 transactions, with a clearing nominal amount of 820.8 billion RMB, reaching a new high since its launch. Currently, 118 domestic and foreign institutions are participating in ICE, providing effective support for foreign institutions to enter the onshore Chinese interest rate swap market in an orderly and convenient manner, and further promoting the standardization and sustainable development of cross-border risk management activities. Looking ahead, HKEX will continue to work closely with domestic financial infrastructure under the guidance and support of regulatory authorities in both places, continuously improve cross-border market infrastructure, enhance connectivity efficiency, support the internationalization of the RMB, and consolidate Hong Kong's position as a leading offshore RMB hub on the international stage.