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Huawei set up commodity hedging team in Singapore to reduce raw material costs

According to media reports, Huawei's recruitment information shows that the company is forming a commodity team to hedge and trade metals and energy products.。The post shows that a month ago, Huawei recruited a commodity trader and a commodity market analyst in Singapore, both of which are no longer open to applications.。Other posts show that Huawei also recruited a metal hedging expert and a metal research expert in Singapore four months ago.。The positions will work closely with Huawei's teams in mainland China and Hong Kong to enhance its metal hedging and research capabilities and risk control, with a focus on ferrous metals, non-ferrous metals and battery metals.。The team, which aims to hedge Huawei's exposure to raw materials such as base metals, ferrous metals, energy and lithium products, is currently drafting hedging proposals and trading plans.。

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