Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Friday) that its wholly-owned subsidiary, Hong Kong Futures Exchange Limited (HKFE), has reached a data licensing agreement with ChinaBond Pricing Center Co., Ltd. (CBPC) to support the launch of 5-Year China Government Bond (CGB) Futures in Hong Kong.
CBPC, a wholly-owned subsidiary of China Central Depository & Clearing Co, will license bond valuation data to HKFE and provide price calculation services to support the launch of the CGB Futures, targeted for launch on 3 August 2026.
HKEX Head of Markets, Gregory Yu, said: "We are pleased to be working closely with CBPC on preparations for the launch of CGB Futures, marking a key milestone for HKEX as we continue to enrich our fixed-income product ecosystem and support the internationalisation of the RMB. This partnership will not only provide important data support for the new RMB interest rate risk management tool but also enhance the international visibility of China's bond valuation benchmarks, enabling greater global investor participation in China's bond market."
CBPC is a key pricing benchmark service provider in the Chinese Mainland's fixed income market. Its bonds data is widely used by institutions in trading, risk management and accounting.
About HKEX
Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly-traded company (HKEX Stock Code:388) and one of the world’s leading global exchange groups, offering a range of equity, derivative, commodity, fixed income and other financial markets, products and services, including the London Metal Exchange.
As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of the world, through its pioneering Connect schemes, increasingly diversified product ecosystem and its deep, liquid and international markets.
HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.
www.hkexgroup.com
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