Alibaba's adventure into derivatives
Jun 3, 2013
Exclusive: Alibaba’s OneTouch revamps FX hedging programme
Many of China’s small exporters denied hedging tools have warmed to the new FX hedging offering from Alibaba’s subsidiary Shenzhen OneTouch Business Services.
For many small exporters in China, recent exchange rate volatility in the renminbi has been a source of enduring pain—more so as China’s foreign trade volume continues to slide.
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