In June 2026, Industrial and Commercial Bank of China (Asia) Limited ("ICBC Asia") became an overseas clearing member of Shanghai Clearing House ("SHCH"), and was eligible to participate in RMB interest rate swap CCP clearing in the interbank market. After Bank of China (Hong Kong) Limited, ICBC Asia is the second overseas clearing member of SHCH. This is a new pathway for overseas institutions to participate in China's interbank market under CIBM (China Interbank Bond Market) Direct channel.  In the future, SHCH will continue to expand more overseas clearing members.