
Yuexiu Property signs non-deliverable FX forward to buy USD 60 million from YXE

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Yuexiu Property signed a non-deliverable FX forward contract with controlling shareholder Yue Xiu Enterprises to buy USD 60 million using RMB. The contract, settled on Jan. 20, 2031, sets a forward rate of RMB 6.03 per USD 1. This hedge manages foreign-exchange exposure linked to the group’s USD 150 million guaranteed notes due 2031.
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