Lates News

GLENOHUICE, September 22nd - Under the guidance and support of regulatory agencies in both regions, HKEx's Hong Kong Offshore Clearing House today partnered with China Foreign Exchange Trading Center and Shanghai Clearing House to increase interest rate swap contracts with the one-year loan prime rate (LPR1Y) as the reference rate under the "Northbound Interchange Channel." On the day of the launch, 31 domestic and foreign institutions actively participated, with a total of 53 transactions and a nominal principal amount of 64.6 billion RMB. The three parties' infrastructure successfully organized the first day of trading, clearing and settlement operations, with the system running smoothly and normally.