FilingReader Intelligence
Sichuan Changhong plans USD 3.14bn forward FX trading
May 23, 2025 at 05:13 PM UTC•By FilingReader AI
Sichuan Changhong Electric (SSE:600839) announced plans to engage in forward foreign exchange trading with a total approved limit not exceeding USD 3.14 billion. The decision, made at the company's 12th Board of Directors 28th meeting, aims to hedge against risks arising from import/export activities and foreign currency loans, according to the SSE filing. Instruments to be used in FX trading include plain vanilla forwards, swaps, and options.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SSE:600839•Shanghai Stock Exchange
News Alerts
Get instant email alerts when Sichuan Changhong Electric publishes news
Free account required • Unsubscribe anytime