On September 22nd, interest rate swap contracts using the Loan Prime Rate (LPR) as the reference rate were officially launched, further expanding the "Swap Connect" product portfolio. Huatai Financial Holdings, as one of the first participating institutions, completed LPR interest rate swap Connect transactions on the launch day.

LPR serves as the pricing benchmark for bank lending rates in China. The launch of Swap Connect LPR interest rate swap contracts will help further enrich the product range available to domestic and overseas investors, expand Swap Connect application scenarios, meet interest rate risk management needs, and provide more diversified risk management tools for domestic and foreign investors to conduct RMB asset allocation.

In the future, Huatai Securities will continue to integrate group resources, follow the internationalization path, center on client needs, and provide high-quality, comprehensive, and integrated financial services for the investment and trading needs of domestic and overseas clients, contributing to the coordinated development of derivatives markets between mainland China and Hong Kong and promoting high-level financial opening-up.