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编制汇率对冲指数不仅能更好地反映汇率风险对冲后的A股整体表现,进一步丰富上证与中证策略指数体系,还可以为指数化投资提供新的标的。随着沪港通的开启,境外投资者对于A股的参与热情不断提升。但2014年以来由于在岸人民币兑美元波幅由1%扩至2%,人民币兑美元即期汇率进入双边震荡市场,给境外投资者投资A股带来了挑战。编制汇率对冲指数不仅能更好地反映汇率风险对冲后的A股整体表现,进一步丰富上证
The preparation of exchange rate hedging index not only better reflects the overall performance of A-shares hedged by exchange rate risk, but also further enriches the SSE and CSI Strategy Index System and provides new targets for indexed investment. With the opening of the Shanghai-Hong Kong Stock Connect, the enthusiasm of overseas investors for the participation of A shares has been continuously raised. However, as the spot exchange rate of Renminbi against the U.S. dollar expanded from 1% to 2% since 2014, the spot exchange rate of Renminbi against the U.S. dollar entered into the market of bilateral shocks, posing a challenge to foreign investors in investing in A shares. The preparation of exchange rate hedging index can not only better reflect the overall performance of the A-shares hedged by the exchange rate risk hedge, but also further enrich the SSE