The China Securities Regulatory Commission set out five measures to deepen mainland-Hong Kong capital market cooperation in remarks marking the launch of five-year renminbi government bond futures in Hong Kong. The new contract gives international investors an offshore tool to manage interest-rate risk on Chinese bond holdings, which total CNY 3.2 trillion, and follows the implementation of qualified foreign investor access to onshore government bond futures. The measures cover cross-border financing and product development. The commission will continue supporting eligible mainland companies seeking Hong Kong listings, high-quality Hong Kong-listed companies seeking mainland listings and eligible Hong Kong companies issuing bonds on the mainland. It will also promote more China-focused indexes and exchange-traded funds, optimize ETF registration and support additional renminbi-denominated and settled futures products in Hong Kong. Further steps include supporting more mainland securities and fund firms in Hong Kong, studying broader mutual recognition of securities and futures professional qualifications, and strengthening regulatory cooperation, information sharing and monitoring of cross-border capital flows. The commission also plans sustainable disclosure pilots for listed companies and closer policy coordination with Hong Kong regulators on artificial intelligence, blockchain and international standards.
China Securities Regulatory Commission2026-08-03
China Securities Regulatory Commission unveils five Hong Kong capital market measures as five-year renminbi government bond futures launch
The China Securities Regulatory Commission unveiled five measures to deepen mainland-Hong Kong capital market cooperation as five-year renminbi government bond futures launched in Hong Kong. The measures support cross-border listings and bond issuance, more indexes, ETFs and renminbi futures, broader institutional and professional access, and stronger regulatory coordination. They also include sustainable disclosure pilots and cooperation on emerging technologies and international standards.