Sieyuan Electric Triples Copper Futures Hedging Limit

MT Newswires Live11-02 16:14

Sieyuan Electric (SHE:002028) directors approved an increase in copper futures hedging limit to 150 million yuan from 50 million yuan, according to a Saturday filing with the Shenzhen bourse.

The three-fold increase will help manage market risks due to copper price fluctuations, the filing said.

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