Photo taken on July 31, 2021 shows the statues on the square of Hong Kong Exchanges and Clearing Limited (HKEX) in south China's Hong Kong. (Xinhua/Wu Xiaochu)
BEIJING, Nov. 27 (Xinhua) -- China Securities Regulatory Commission (CSRC) supported the local securities authorities of Hong Kong Special Administrative Region (HKSAR) to launch Treasury bonds (T-bond) futures there, reported Xinhua Finance on November 24.
The report citing a person in charge of the related department of CSRC as saying that the move will further diversify the risk management vehicles of overseas investors, enrich the offshore Renminbi-denominated products and boost coordinated development of related markets.
In future, CSRC and the Securities and Futures Commission, the local securities regulator of HKSAR, will strengthen coordination in market monitoring and analysis, data and information sharing, regulatory supervision and law enforcement, crack down various illegal cross-border activities and protect the legitimate rights and interests of investors to maintain safe and stable operation of related financial markets in the Chinese mainland and HKSAR.
On November 24, the Securities and Futures Commission announced to roll out T-bond futures in HKSAR. Hong Kong Exchanges and Clearing Limited (HKEX) is preparing for the move and will release related details including the date of launch as soon as possible. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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