---
title: Corporate Hedging Impact on Default Probability in Chinese Firms
url: https://www.ml-quant.com/papers/ssrn/4807936/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4807936
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4807936
featured: 2024-05-01
citations: unknown
topic: Derivatives & Volatility
---


# Corporate Hedging Impact on Default Probability in Chinese Firms

Research on 501 Chinese firms listed on the Hong Kong Stock Exchange reveals that hedging, particularly with interest rate derivatives, significantly reduces a firm's default risk, with state-owned enterprises less likely to default.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4807936
- Identifier: SSRN 4807936
- Released: 2024-04-25
- First featured: Quant Letter No. 47 (2024-05-01): https://www.ml-quant.com/issues/2024-05-01/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Derivatives & Volatility

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