Hong Kong Exchanges and Clearing launched new treasury bond futures, while mainland China saw a significant surge in new stock trading accounts in July.

Key facts
- •Hong Kong Exchanges and Clearing launched five-year China treasury bond futures on Monday.
- •Overseas investors hold 3.2 trillion yuan in onshore Chinese bonds.
- •The September bond futures contract closed at 107.64 yuan, up 0.9 per cent.
- •Mainland China added 2.66 million new A-share trading accounts in July.
- •New A-share accounts for the first seven months of 2026 reached 22.82 million.
Hong Kong Exchanges and Clearing introduced five-year China treasury bond futures this week, marking the first overseas-traded futures of their kind. Simultaneously, mainland China reported a substantial increase in new A-share trading accounts throughout July, signaling heightened investor activity.
By the numbers
Hong Kong Treasury Bond Futures
The new futures contracts are designed to serve as a hedging tool for international investors, who currently hold 3.2 trillion yuan in onshore bonds. The launch was supported by 13 liquidity providers, including five banks and eight brokerages. On Monday, the active September contract closed at 107.64 yuan, representing a 0.9 per cent increase from its opening price, with a total volume of 3,755 lots across all contract months.
Mainland China Trading Account Growth
Mainland stock exchanges recorded 2.66 million new A-share trading accounts in July, marking a 35.2 per cent year-on-year increase. This monthly growth contributed to a total of 22.82 million new accounts opened during the first seven months of 2026. This figure represents 83 per cent of the 27.44 million total new accounts registered throughout the entirety of 2025.
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This article was independently rewritten by ManyPress editorial AI from reporting originally published by SCMP Business.

