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'Bleeding' from yuan devaluation, China Inc seeks hedging help

Thursday, March 24, 2016 - 05:50

Hong Kong

CHINESE companies are seeking hedging services like never before after the yuan slid to a five-year low earlier this year.

Financial service provider KVB Kunlun Global Capital Ltd forecasts its foreign-exchange hedging business will double this year, as fears of further

sentifi.com

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