InvestHK Announces Chalco's Establishment of Corporate Treasury Centre in Hong Kong
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Invest Hong Kong announced that Chalco has established a wholly owned corporate treasury centre in Hong Kong, Chalco Treasury Management Co., Ltd., as the group's offshore funds management platform. It will centrally manage the group's offshore funds, conduct offshore financing and provide comprehensive financial services including foreign exchange and interest rate risk management. Invest Hong Kong stated that this move will support Chalco in expanding its overseas business, while demonstrating Hong Kong's advantages as the preferred destination for mainland enterprises expanding internationally and a hub for corporate treasury centres.
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- InvestHK: Press ReleasesChalco Establishes Corporate Treasury Centre in Hong Kong as Group's Offshore Fund Management Platform
InvestHK announced that Chalco has established a wholly-owned corporate treasury centre in Hong Kong, Chalco Treasury Management Limited, as the group's offshore fund management platform. It will centrally manage the group's offshore funds and provide integrated financial services such as offshore financing and foreign exchange and interest rate risk management. This initiative will support Chalco in expanding its overseas business, while also reflecting Hong Kong's advantages as the preferred destination for mainland enterprises going global and a hub for corporate treasury centres.
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