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What do derivative financial liabilities refer to?
Financial derivatives generally refer to derivative financial assets, also known as "financial derivatives", which is a concept corresponding to basic financial products, and refers to derivative financial products whose prices change with the price (or value) of basic financial products. The basic product mentioned here is a relative concept, including not only spot financial products (such as bonds, stocks, bank time deposits, etc.). ), including financial derivatives. As the basis of financial derivatives, variables include interest rate, exchange rate, various price indexes, inflation rate and even weather (temperature) index. Derivative securities are financial instruments derived from traditional financial instruments such as currency, bonds and stocks, which are characterized by leverage and credit transactions.

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Reply time: 2021-11-22. Please refer to the latest business changes announced by Ping An Bank in official website.