The Hong Kong Stock Exchange has launched a 5-year Chinese government bond futures contract. Tang Jiacheng: This will further enrich the ecosystem of offshore RMB products and promote the internationalization of the RMB.

On August 3, the Hong Kong Stock Exchange launched a 5-year Chinese government bond futures contract, marking an important step in the development of Hong Kong's fixed income and currency (FIC) ecosystem and further promoting the development of Hong Kong's offshore RMB market. The Hong Kong Stock Exchange also welcomed the announcement made today by the Chairman of the China Securities Regulatory Commission, Wu Qing, regarding several measures to deepen bilateral cooperation and support the development of Hong Kong as an international financial center.