PBOC and CSRC said they support Hong Kong's recent launch of 5-year RMB
government bond futures, noting the product will expand hedging tools for
international investors, boost RMB asset appeal and reinforce Hong Kong's
offshore RMB hub, encouraging long-term allocations to China. They said, in line
with priorities of risk prevention, stronger supervision and high-quality
development, they will coordinate with Hong Kong to strengthen market monitoring
and analysis, share data and information, and enhance cross-border regulation
cooperation to keep markets orderly.