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.
