IXM together with Hang Seng Bank receives “The Asset” 2022 award for Best Hedging and Risk solution in China

Shanghai, China, June 2022
Best Hedging and Risk solution in China

In April 2021, IXM Shanghai Corporate Management Company Ltd (”IXM”) signed China’s first ESG-linked LPR derivative agreement with core banking partner Hang Seng Bank (China) Limited, making IXM a pioneer in the field of responsible investment.

In addition to preventing and managing potential LPR rate market volatility, this transaction is also innovative in terms of product design: as long as IXM or its parent company CMOC meet the ESG requirements set out in the terms and conditions of the deal, IXM will enjoy a more favorable interest rate on the swap. As ESG performing company, IXM will not only be able to further reduce its financing costs, but also achieve sustainable, high-quality development.

IXM’s Treasury team is set to explore other ESG related structures with more banks in the future.

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