HKEX to add new yuan interest-rate swap under Swap Connect
Hong Kong Exchanges and Clearing Ltd will add a new interest-rate swap product linked to a key Chinese money-market benchmark by year-end under its Connect Scheme, expanding yuan hedging tools for international investors.
Hong Kong Exchanges and Clearing Ltd (HKEX) HKEX:388 will add a new interest-rate swap product linked to a key Chinese money-market benchmark by year-end under its Connect Scheme, expanding hedging tools for international investors in yuan assets.