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From Hong Kong’s bond futures to SpaceX: the numbers moving markets

Hong Kong’s sovereign debt debut, SpaceX’s first public earnings and shifting energy markets are all in the spotlight

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Hong Kong Exchanges and Clearing electronic boards show news of the China government bond futures launch at Exchange Square in Central, Hong Kong, on August 3. Photo: SCMP/Jonathan Wong
Judy Xue

China’s push for treasury bond futures in Hong Kong has been well received, with brisk trading reflecting strong hedging demand. On the other side of the Pacific, Elon Musk’s aerospace company, SpaceX, has published its first-ever quarterly financial statement as a public entity, offering a glimpse into the company’s future.

Here are some of the figures that have drawn the most market attention this week.

3,755 contracts traded on China bond futures launch

Hong Kong Exchanges and Clearing rolled out its five-year China treasury bond futures on Monday. The first overseas-traded futures are seen as a vital hedging tool for overseas investors, who hold 3.2 trillion yuan (US$474.1 billion) in onshore bonds.

The active September contract closed at 107.64 yuan (US$15.94), up 0.9 per cent from its opening level, on a volume of 3,440 lots. This figure reached 3,755 across all contract months.

The launch was supported by 13 designated liquidity providers, comprising five banks and eight brokerages.

2.66 million new A-share accounts

China’s mainland stock exchanges registered 2.66 million new A-share trading accounts in July, a 35.2 per cent increase year on year. The monthly influx brought the total number of new accounts for the first seven months of 2026 to 22.82 million – already reaching 83 per cent of the 27.44 million full-year total recorded in 2025.
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