HKEX authorized to obtain ChinaBond valuation data, 5-year China government bond futures to be launched on August 3rd.

On July 3rd, HKEX announced that its wholly-owned subsidiary, the Hong Kong Futures Exchange (HKFE), has reached an agreement with the ChinaBond Pricing Center Co., Ltd. (ChinaBond Valuation Center) on data authorization and service agreement to support the smooth launch of the HKEX's five-year Chinese government bond futures. The ChinaBond Valuation Center will authorize HKEX to use relevant bond valuation information in the development and operation of Chinese government bond futures and provide price calculation services to HKEX. HKEX plans to launch the five-year Chinese government bond futures on August 3, 2026. HKEX Market Manager YU Xueqin stated that the launch of government bond futures is a significant milestone for HKEX in enriching fixed income products and supporting the internationalization of the Renminbi. We are pleased to have close cooperation with the ChinaBond Valuation Center, which will not only provide important data support for government bond futures and add efficient risk management tools for international investors, but also further expand the application of Chinese bond valuation benchmarks overseas to facilitate more international investors to invest in Chinese bonds. As a wholly-owned subsidiary of China Central Depository & Clearing Co., Ltd., the ChinaBond Valuation Center is an important pricing benchmark service institution in the Chinese financial market. Its products such as ChinaBond valuations, ChinaBond yield curves, ChinaBond indices, and ChinaBond ESG data comprehensively reflect the pricing and risk conditions of the Renminbi bond market and are widely used in investment trading, risk management, and accounting measurement by market institutions. Officials from the ChinaBond Valuation Center stated that they will support HKEX in launching the five-year Renminbi government bond futures product, helping to enhance the role of government bond yield curves as pricing benchmarks and strengthen the international influence of Renminbi bonds.