Jiefei Liu - Risk.net

Lawyers hail return to a “more orthodox territorial approach” to regulating the market

Traders split over whether insurers’ retreat from FX hedging is help or hindrance

New exchange guidance drives rush for “proximity colo” in nearby data centres

Note issuers sell vol to flatten exposures as Alibaba, BYD, Tencent zig-zag lower

New products include tweaks to sidestep restrictions, but some believe they don’t go far enough

Discussions on Southbound route for swaps trading follows surge in Northbound activity

With 2026 deadline looming, banks await key Nafmii document to begin contract negotiations

ICMA reviewing new PBoC rules and “potential implications” for GMRA eligibility onshore

Positioning is currently a fifth of what it was in April, say dealers

Pricing options on currencies with a peg requires a “different mindset”, say traders

High hedging costs and increasingly stable spot rate meant exporters opted not to add FX hedges as RMB rose

Widened interest rate differentials spur investors to re-enter positions, but risks remain