Hong Kong Exchanges and Clearing will accept Chinese government bonds as non-cash collateral for its derivatives clearing house.

On October 16, Hong Kong Exchanges and Clearing announced that, with effect from November 2, 2026, Chinese government bonds will be accepted as eligible non-cash collateral for meeting margin requirements at HKFE Clearing Corporation and the SEHK Options Clearing House, with the relevant rule amendments approved by the Hong Kong Securities and Futures Commission. This arrangement will further expand the use of Chinese government bonds in Hong Kong, enhance collateral management flexibility and capital efficiency, and support the continued development of Hong Kong's fixed income and RMB ecosystem.