Recently, many A-share companies have disclosed a substantial increase in the total amount of foreign exchange hedging quotas.

Recently, the exchange rate of the renminbi against the US dollar has been continuously strengthening, approaching the important threshold of 7.0 again after more than a year. Wind data shows that on December 10, the onshore renminbi against the US dollar exchange rate reached a high of 7.0603, setting a new high since October 2024. Faced with the uncertainty of exchange rate risk, hedging has become a common risk management strategy for listed companies. Recently, several A-share companies involved in overseas business have disclosed their foreign exchange hedging limits, with the total amount significantly increasing. Among them, China Shipbuilding announced on December 9 that it will engage in futures and derivatives trading in 2026, with a new trading limit expected to not exceed 24 billion US dollars and a maximum contract value of 51 billion US dollars held on any given trading day. According to incomplete statistics, since December, more than 30 A-share companies have announced their intention to engage in foreign exchange hedging to hedge against the risks of foreign exchange market volatility. Industry insiders analyze that amid the current exchange rate fluctuations, many foreign trade enterprises are concerned that the amount of foreign exchange receipts and settlements for export business will shrink, eroding the company's profits. Looking at the goals of listed companies participating in hedging, hedging against exchange rate risks is the primary objective.