share_log

中信股份(00267.HK):中信金属拟调高2024年商品套期保值业务限额调整至任意时点持仓保证金金额最高不超40亿元

CITIC Co., Ltd. (00267.HK): CITIC Metal plans to raise the 2024 commodity hedging business limit until the maximum position deposit amount does not exceed 4 billion yuan at any point

Gelonghui Finance ·  Apr 22 10:03

Gelonghui, April 22丨CITIC Co., Ltd. (00267.HK) announced that CITIC Metals Co., Ltd. will adjust the 2024 commodity hedging business quota. The non-ferrous metals spot trading business of CITIC Metals Co., Ltd. (hereinafter referred to as “CITIC Metals” or the “Company”) is growing steadily, and the commodity market fluctuates greatly. In order to effectively meet the growth needs of the spot trade business and reduce the impact of metal and mineral commodity prices on the company's main business products and related trade products, the company now plans to increase the 2024 commodity hedging business limit to no more than 4 billion yuan at any point in time. The maximum contract value held on any trading day does not exceed 25% of the audited operating income of the previous year (hereinafter referred to as “”) This adjustment”).

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment